Senior Credit Risk Officer
ENGIE Laborelec
Accounting, Auditing & Finance
Job Summary
Job Description/Requirements
Senior Credit Risk Officer
Requisition ID: Location:
Singapore, Singapore, SG
WHO WE ARE
ENGIE is a global energy company, a leading provider of electricity, natural gas, and energy services. With employees in more than 70 countries worldwide, ENGIE achieved revenue of €65.5 billion in . ENGIE is committed to being a leader in the energy transition. We are looking for talented and motivated people to create the future of energy. Join a rewarding and flexible work environment that encourages innovation and creativity, and help us meet the energy challenges of today and tomorrow.
The Global Energy Management & Sales (GEMS) business unit is the fully integrated trading arm of the ENGIE Group. GEMS teams manage a large and highly diversified energy portfolio, including electricity, natural gas, biomass, LNG and other fuels, CO2 and environmental products, and provide a range of trading risk management solutions to all types of market participants in Europe, Asia and in the US. GEMS manages the B2B supply business within ENGIE, including supply contracts and Power Purchase Agreements.
Within the GEMS Business Unit, the Singapore-based Business Platform APAC is managing and developing the group’s trading activities for these regions around 4 main pillars: risk management and market access, asset management, green solutions and energy supply businesses.
WHAT WILL BE YOUR ROLE
Workplace Environment
Job title: Senior Credit Risk Officer – APAC
Location: Singapore
Description
In this role,you will report to the Chief Risk Officer, APAC. You will a key member of the APAC Credit Risk team in Singapore to ensure that all trading activities are in line with the credit risk requirements of the GEMS Risk Policy and the approved limit framework:
Assessing credit risk and credit worthiness of APAC counterparties Setting, monitoring and enforcing credit risk limits Credit risk reporting & analysis Tailoring globally consistent monitoring and control processes to suit local requirementsThe main responsibilities are to:
Assess creditworthiness of counterparties in close collaboration with Front Office and other support functions Perform detailed credit analysis of counterparties and assigning internal ratings Present files and credit line requests to regular Credit Risk Committees Participate in counterparty relationship development with Front Office Negotiate credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, including ISDAs and physical master agreements Monitor credit risk indicators, exposures, limits, and utilization for a portfolio of counterparties. Respond to Front Office queries about potential trade exposures and credit limits availability Monitor news and credit events impacting portfolio of counterparties Understand risk calculation methodology, interface with Methodology team in Europe Analyze major transactions and present material to GEMS and Group level committees Develop credit risk frameworks and methodologies for new products and markets Participate in cross-functional projectsYOUR PROFILE
Education and Experience
Minimum 10+ years of credit risk experience in a commodities trading house or financial institution, with coverage of both physical and paper instruments Bachelor’s degree in Finance (Corporate Finance, Accounting, Economics) or equivalent Regular production of detailed credit files and assigning internal ratings Deep understanding of energy commodities markets, products, and counterparties Usage of credit analysis tools (S&P Capital IQ, Moodys, Reuters or Bloomberg) Solid understanding of credit exposure modeling methodology and counterparty credit risk standards Strong analytical skills (including performing financial analysis) Speak and write fluent English. Business proficiency in written Asian languages a plusSoft skills
Teamwork Personal effectiveness : Facilitation skills, pragmatism and pro-activity, resilience to stress, taking initiative, learning ability Interactive behavior : Active Listening and communication skills Problem Solving: Issues perception, Analyzing, practical thinking, creativity and innovationBonus Criteria
Experience with the ISDA and physical master agreements is a plus Derivatives knowledge and background, e.g. Greeks and pricingImportant Safety Tips
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