At a Glance
- Tasks: Lead credit risk management for energy trading and commercial operations.
- Company: Join a mid-sized energy company with strong growth ambitions.
- Benefits: Enjoy a hybrid work environment, competitive package, and bonus opportunities.
- Why this job: Make a significant impact in a senior leadership role while fostering a culture of risk awareness.
- Qualifications: Extensive experience in credit analysis and financial modeling, preferably in energy or banking.
- Other info: Collaborative work environment focused on personal and business growth.
The predicted salary is between 72000 - 108000 £ per year.
Head of Credit Risk – Energy Company
Page Executive London, United Kingdom Apply now Posted 5 days ago Hybrid Job Permanent benefits + bonus
Exciting opportunity for a Head of Credit Risk – Energy Company in London.
Our client is a mid-sized energy company with strong growth ambitions.
Description
The Head of Credit will oversee all aspects of credit risk management related to the company’s 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 company’s 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.
Profile
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.
Job Offer
Collaborative work environment with a focus on developing their people and growing the business. The package will be competitive.
#J-18808-Ljbffr
Head of Credit Risk - Energy Company | London, UK | Hybrid employer: Page Executive
Contact Detail:
Page Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Credit Risk - Energy Company | London, UK | Hybrid
✨Tip Number 1
Make sure to stay updated on the latest trends and regulations in the energy market. This knowledge will not only help you in interviews but also demonstrate your commitment to the industry.
✨Tip Number 2
Network with professionals in the energy sector, especially those involved in credit risk management. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest challenges and solutions in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed credit risk in previous roles. Highlight your experience with transaction structuring and the use of credit mitigating instruments to showcase your expertise.
✨Tip Number 4
Familiarize yourself with the company's current credit risk strategies and any recent developments in their operations. This will allow you to tailor your discussions during the interview and show that you're genuinely interested in contributing to their growth.
We think you need these skills to ace Head of Credit Risk - Energy Company | London, UK | Hybrid
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Head of Credit Risk position. Tailor your application to highlight your relevant experience in credit risk management, especially within the energy sector.
Highlight Relevant Experience: In your CV and cover letter, emphasize your extensive experience in credit analysis, structuring, and financial modelling. Provide specific examples of how you've successfully managed credit risks in previous roles, particularly in a sales and trading environment.
Showcase Leadership Skills: Since this is a senior leadership role, be sure to showcase your leadership and team development skills. Mention any experience you have in managing teams, mentoring professionals, and fostering a culture of risk awareness.
Tailor Your Application: Customize your cover letter to reflect your understanding of the energy markets and the regulatory environment. Discuss how your strategic vision aligns with the company's growth ambitions and how you can contribute to their credit risk strategy.
How to prepare for a job interview at Page Executive
✨Show Your Expertise in Credit Risk Management
Make sure to highlight your extensive experience in credit analysis and risk management during the interview. Be prepared to discuss specific examples of how you've successfully identified and mitigated credit risks in previous roles, especially within the energy sector.
✨Demonstrate Strategic Thinking
Since this role involves developing and implementing credit risk strategies, be ready to share your thoughts on current trends in the energy market and how they might impact credit risk. Discuss any strategic initiatives you've led in the past that align with the company's growth ambitions.
✨Prepare for Technical Questions
Expect technical questions related to credit risk frameworks, transaction structuring, and financial modeling. Brush up on your knowledge of trading products and risk management principles, particularly those relevant to energy commodities, to showcase your expertise.
✨Highlight Leadership and Team Development Skills
As a senior leadership role, it's crucial to demonstrate your ability to manage and mentor a team. Share examples of how you've fostered a culture of risk awareness and best practices in credit risk management, and discuss your approach to team development.