Sr. Manager - Credit

Expand Energy Corporation; Spring (TX); Hybrid; USD 150,000 - 230,000; Full time

Job summary

Expand Energy Corporation is seeking a Sr. Credit Risk Manager to oversee counterparty credit risk across North American natural gas trading activities, enabling growth within risk appetite.

The role interfaces between Credit and Trading, ensuring governance, portfolio oversight, and disciplined deal structuring in a fast-paced trading environment.

Qualifications

• 12+ years of credit risk management within energy trading or commodities markets.
• Experience with MTM, exposure management, and collateral structuring.
• Proven ability to support trading desks with real-time credit decisioning.

Responsibilities

• Credit Decisioning: Assess counterparties, support complex/structured transactions, deliver real-time credit decisions, own credit exposure lifecycle, monitor limits.
• Commercial Integration: Act as embedded credit partner to traders, provide fast credit approvals, enable growth with controls.
• Governance & Reporting: Produce exposure/concentration/exception reports, maintain audit-ready documentation.
• Systems & Data: Ensure credit data integrity in Endur, improve automation, exposure accuracy, and reporting.

Skills

Counterparty credit analysis

Exposure measurement

Collateral structures

Commercial acumen

Fast decision-making

Stakeholder management

Financial modeling

Endur / ETRM knowledge

Governance & audit

Communication skills

Education

Bachelor’s degree

Advanced degree in Finance/Engineering/Economics/Math/Physics/Statistics

Tools

Endur

Job description

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Our core values — Stewardship, Character, Collaborate, Learn, Disrupt — are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors.

We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply.If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.

Job Summary

The Sr. Credit Risk Manager serves as a senior execution leader responsible for counterparty credit risk management across North American natural gas trading activities (physical and financial). This role enables commercial growth within defined risk appetite by delivering timely, disciplined credit decisions that support front-office execution. Acting as the primary interface between Credit and Trading, the position ensures robust governance, portfolio oversight, and risk-controlled deal structuring within a fast-paced trading environment.

Job Duties & Responsibilities

Credit Decisioning

• Assess counterparties (ratings, financials, structure)
• Support complex / structured transactions
• Deliver real-time credit decisions supporting trading activity
• Own credit approval and exposure management lifecycle
• Monitor daily exposure vs. limits
• Manage limit breaches, exceptions, and watchlist
• Identify concentration and wrong-way risk
• Support CSA negotiation and credit terms

Commercial Integration

• Act as embedded credit partner to traders
• Provide fast turnaround on credit approvals
• Enable growth without weakening controls

Governance & Reporting

• Produce exposure, concentration, and exception reporting
• Maintain clear documentation of credit decisions
• Ensure audit-ready governance and reporting discipline

Systems & Data

• Ensure integrity of credit data in Endur
• Improve automation, exposure accuracy, and reporting

Job Specific Skills

• Advanced counterparty credit analysis and underwriting expertise in energy trading
  Strong knowledge of exposure measurement (MTM, potential future exposure, receivables risk)
• Deep understanding of collateral structures and credit mitigation tools (LCs, CSAs, guarantees, prepay structures)
• Commercial acumen with the ability to balance risk controls and business growth
• Ability to operate effectively in a high-speed trading environment with rapid decision-making requirements
• Strong stakeholder management and influencing skills, particularly with front-office trading teams
• High degree of analytical rigor and financial modeling capability
• Experience with ETRM systems (Endur preferred) and credit risk reporting tools
• Strong governance mindset with audit and documentation discipline
• Effective communication skills, with the ability to present credit recommendations to senior stakeholders

Education

Minimum: Bachelor’s degree from an accredited university

Preferred: Advanced degree in Finance, Economics, Engineering, Mathematics, Physics, Statistics, or another quantitative discipline

Experience

• 12+ years of experience in credit risk management within energy trading or commodities markets
• Demonstrated experience in:
  • Counterparty credit underwriting
  • Exposure management (MTM and receivables)
  • Collateral and credit structuring
• Proven ability to support trading desks with real-time credit decisioning

Preferred Requirements:

• Experience with structured commodity or complex trading transactions
• Exposure to multi-commodity and/or global trading portfolios
• Direct experience with Endur or equivalent ETRM platforms
• Prior leadership or mentoring experience within a credit or risk function

Expand Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.

Expand Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore inthe United States.

Nearest Major Market: Houston
Job Segment: Credit, Manager, Risk Management, Credit Analyst, Financial, Finance, Management