Job Summary
Assist the Head of Risk Management in establishing and optimizing the Company's risk management system to enhance credit risk analytics and standardize risk processes. Lead credit evaluation and risk control for trading counterparties and subsidiaries, ensuring compliance with the Company's risk framework and supporting strategic risk mitigation.
Responsibilities
- Lead the development and optimization of the Company's risk management system to improve credit risk analytics and ensure standardized, systematic risk processes aligned with company philosophy
- Implement and monitor risk management processes across subsidiary companies by formulating risk control procedures, establishing early warning mechanisms, and providing supervision, training, and guidance to subsidiary risk personnel
- Conduct comprehensive credit evaluations of the Group's trading counterparties and deliver actionable recommendations on credit ratings, terms, limits, and risk mitigation measures for Senior Management approval
- Manage credit limits and insurance coverage for trading counterparties, including timely deactivation of high-risk counterparties and reduction of redundant credit limits to optimize company exposure
- Monitor daily credit status of counterparties, report abnormal credit situations promptly to relevant departments and Senior Management, and provide regular updates on overdue balances, credit insurance, and market developments
- Propose and enforce effective credit risk mitigation strategies when transaction exposures exceed the Company's risk appetite, ensuring all credit exposures remain within the approved risk framework
- Coordinate with relevant departments to evaluate and monitor guarantees received by the Company or subsidiaries, including financing and non-financing guarantees
- Maintain up-to-date policies for counterparty guarantees (non-financing) and collaborate with departments to ensure policy compliance and relevance
- Liaise with the Parent Company's legal and risk control departments to align risk management practices and address legal and compliance issues related to credit approval
- Lead review, research, reporting, and emergency response for major risk events impacting the Company
- Conduct annual risk reviews and ad-hoc risk assessments for subsidiaries to identify and mitigate emerging risks
- Understand and integrate legal, compliance, and market risk considerations into credit approval and risk management processes
Required competencies and certifications
- Bachelor's Degree in Business, Economics, Finance, or other numerical discipline or equivalent
- Minimum 10 years of relevant experience, including at least 5 years in a similar risk management capacity
- Demonstrated expertise in credit risk assessment and decision-making, particularly within credit approval processes
- Proficient in Supply & Trading competencies including: Energy Commodities Trading Industry & External Market understanding Regulatory Compliance & Assurance Credit Risk Management Other Risk Management Quantitative & Analytical Skills
- Strong interpersonal and communication skills with proven ability to collaborate effectively with external vendors and internal teams across Trading, Risk Management, Operations, and Finance departments
- High ethical standards, professional conduct, and a strong sense of responsibility and teamwork
- Excellent organizational, time management, and stress tolerance skills with demonstrated ability to manage multiple priorities simultaneously
- Effective bilingual communication skills in English and Mandarin, both verbal and written, to engage with diverse associates appropriately
