Energy Credit Risk Manager

  • Competitive Base & Bonus
  • New York, NY, USA
  • Permanent, Full time
  • Ashton Lane Group
  • 11 Oct 17 2017-10-11

Senior position supporting the energy trading credit coverage for a global investment manager

Responsibilities:

  • Responsible for managing credit services provided to support natural gas, power, NGL refined products, financial derivatives and crude oil trading activities
  • Monitored and enforced counterparties trading limits, communicated with traders, approved exceptions, and resolved exposure issues.
  • Develop and implement credit rating models to evaluate credit worthiness and establish trading limits for entities without public ratings
  • Negotiate ISDA, NAESB, EEI, loan documents and master trading agreements.
  • Create and develop Internal Scoring Model and various credit risk management tools
  • Monitor major market trends and regulatory/legislative changes in energy and trading
  • Keep abreast of current energy industry and counterparty issues/risks to evaluate potential impact on creditworthiness and to take appropriate actions as necessary to minimize credit risk.
  • Plan, organize and liaise with IT on the implementation of projects related to the credit risk management system
  • Participate in weekly and monthly Risk Management Committees and Trading Strategy

Requirements:

  • 7+ years of energy sector credit risk experience with a significant U.S. or international commodities firm
  • Excellent knowledge of Credit risk protocols for both financial and physical commodity trading portfolio, including, electricity (spark-spread), natural gas, natural gas liquids, LNG, oil, ethanol, and base metals
  • Broad exposure with all ISDA, EEI, NAESB loan documents and master trading agreements.
  • Formal credit training
  • Superior written and verbal communication skills; quantitative orientation and critical thinking
  • Masters/Bachelor’s degree 

For immediate consideration, please forward resume and contact details to: info@ashtonlanegroup.com

Ashton Lane Group is a boutique executive recruitment firm serving the Banking, Insurance, and Alternative Investment sectors. For the latest opportunities, visit www.AshtonLaneGroup.com

Ashton Lane Group® “A trusted advisor throughout your career”