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Our client a Hedge Fund based in mid-town NYC continues to build out their physical energy trading team. We are looking for an experienced hands-on Credit Risk professional with oil and gas industry experience to lead credit risk management efforts. This role requires a strategic mindset to ensure counterparty credit risk is effectively managed. The ideal candidate will bring a proven track record in handling complex financial scenarios.
Job Responsibility:
Oversee and manage counterparty credit risk, focusing on natural gas and power sectors
Develop and implement advanced credit risk models to assess and mitigate potential financial exposures
Collaborate with internal teams to ensure alignment of credit risk strategies with organizational goals
Lead efforts to monitor and evaluate creditworthiness of counterparties, ensuring compliance with industry standards
Provide strategic recommendations to executive leadership based on financial analysis and risk assessments
Supervise the preparation and review of financial reports related to credit risk management
Identify opportunities for process improvements and implement solutions to optimize risk management operations
Maintain a deep understanding of market trends and their impact on credit risk
Manage relationships with external stakeholders, including auditors and regulatory bodies
Ensure adherence to all relevant regulations and company policies in credit risk practices
Requirements:
Minimum of 5 years of experience in credit risk management within the oil and gas industry
Proven expertise in developing and utilizing credit risk models
Strong leadership skills with the ability to manage cross-functional teams
In-depth knowledge of natural gas and power markets
Excellent analytical and problem-solving abilities
Familiarity with regulatory requirements and compliance standards in finance
Effective communication skills to present complex financial data to various stakeholders
Bachelor's degree in finance, economics, or a related field
advanced degree preferred
What we offer:
medical, vision, dental, and life and disability insurance