London - Head of Credit Risk Energy Company

apartmentPage Executive placeLondon descriptionPermanent calendar_month 
About Our Client Our client is a mid-sized energy company with strong growth ambitions. Job Description Exciting opportunity for a Head of Credit Risk - Energy Company in London.The Head of Credit will oversee all aspects of credit risk management related to the companys energy trading and commercial operations.
The role will focus on identifying, analysing, and mitigating credit risks associated with energy counterparties, clients, and financial institutions. This is a senior leadership role that requires in-depth knowledge of the energy markets, credit risk frameworks, and the regulatory environment.This position will report into the Head of Risk and will be responsible for managing a small team of Credit Risk Analysts.
Key Responsibilities: Strategic Leadership: Develop and implement the companys credit risk strategy for energy markets in line with overall business objectives. Advise senior management on credit risk exposure and propose risk mitigation strategies.
Lead the Credit Risk team in the development and implementation of policies, procedures, and frameworks. Risk Assessment & Management: Conduct in-depth credit assessments of counterparties, including energy producers, traders, utilities, and financial institutions.
Monitor credit exposures and ensure compliance with internal limits and regulatory requirements. Oversee the negotiation of credit terms in trading contracts, ISDAs, and other relevant agreements. Credit Risk Reporting: Develop and present regular reports on credit exposures, risk concentrations, and potential defaults to senior leadership and relevant committees.
Work closely with the finance team to forecast potential impacts on liquidity, cash flows, and capital adequacy due to credit events. Collaboration & Stakeholder Management: Collaborate with the trading, legal, finance, and compliance teams to ensure a holistic approach to risk management.
Establish and maintain relationships with external stakeholders such as rating agencies, banks, and regulatory bodies. Leadership & Team Development: Manage, mentor, and develop a team of credit risk professionals. Foster a culture of risk awareness and best practices in credit risk management.
The Successful Applicant Experience required: Extensive experience in credit analysis, structuring, and financial modelling, in a senior position preferably in a sales and trading environment from a bank or energy company. Significant experience in transaction structuring to reduce credit risk and working with credit mitigating instruments.
Strong understanding of trading products and risk management principles, with a focus on energy commodities. In-depth understanding of credit risk frameworks, risk appetite and exposure reporting. Significant experience gained in credit management and a strong working knowledge of corporate financing and loan products.

Degree-level education in Finance, Economics or Statistics, or similar and/or relevant professional qualifications. Whats on Offer Collaborative work environment with a focus on developing their people and growing the business.The package will be competitive.

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