Counterparty Credit Risk Officer

• Join a high-growth trading business at an exciting stage
• Build your impact within a visible regional risk function
  
  

About Our Client

Our client is a newly established and rapidly growing commodities trading business expanding its presence in the UAE. Operating across international markets, the company combines entrepreneurial agility with global reach and is building a best-in-class risk management framework to support its trading operations.

Job Description

• Monitor and assess counterparty credit risk exposures.
• Conduct credit evaluations and prepare risk assessments for prospective and existing counterparties.
• Develop and implement credit risk management strategies and policies.
• Ensure compliance with internal credit risk guidelines and regulatory requirements.
• Maintain accurate records and reports related to credit risk assessments.
• Collaborate with accounting and finance teams to ensure alignment on financial risk management.
• Provide regular updates to senior management on credit risk profiles and trends.
• Support audits and reviews related to credit risk management practices.
  
  

The Successful Applicant

• Conduct detailed credit assessments of customers, suppliers, and trading counterparties
• Analyse financial statements, payment history, market intelligence, and credit risk indicators
• Prepare credit proposals and recommendations for internal approval processes
• Manage the end-to-end counterparty onboarding and credit approval process
• Maintain and review approved credit limits, ensuring timely renewals and updates
• Monitor daily counterparty exposures, receivables, and prepayments against approved limits
• Identify, escalate, and track limit excesses, breaches, and exceptions
• Support overdue receivables management in collaboration with finance and trade finance teams
• Assist with credit-insured receivables programmes, including reporting and stakeholder coordination
• Submit spot credit approval requests for trading opportunities requiring urgent assessment
• Maintain and update approved counterparty databases within trading and risk systems
• Produce daily, weekly, and monthly exposure and credit risk reports
• Extract, reconcile, and analyse data from ERP, ETRM, and internal reporting systems
• Investigate discrepancies and improve the accuracy and integrity of risk data
• Support negotiations relating to supplier open account facilities and credit arrangements
• Reconcile supplier exposures and communicate available capacity to internal stakeholders
• Drive reporting automation initiatives to improve efficiency and reduce manual processing
• Develop and enhance risk reporting tools, dashboards, and controls
• Partner with IT teams on system improvements, automation projects, and data quality initiatives
• Work closely with trading, finance, legal, compliance, treasury, and risk teams across multiple locations
• Support the implementation of robust credit risk management processes and governance standards
• Provide timely risk insights and recommendations to support commercial decision-making
  
  

What's On Offer

• Bachelor's degree in Finance, Economics, Accounting, or a related field
• Mandatory UAE experience within credit risk, credit analysis, trade finance, or risk management
• 3 to 5 years of relevant experience in counterparty credit risk or credit analysis
• Commodity trading experience is highly preferred
• Experience within a commodity trading house, energy company, or financial institution supporting trade finance activities
• Strong financial statement analysis and credit assessment skills
• Knowledge of trade finance instruments including LCs, SBLCs, guarantees, and credit insurance
• Advanced Excel skills including pivot tables, Power Query, and complex formulas
• Experience using Power BI, SQL, Python, or similar reporting and analytics tools
• Excellent analytical, communication, and stakeholder management skills
• Ability to work independently in a fast-paced trading environment
  
  

Contact: Cheyenne Coutinho

Quote job ref: JN-102026-7117296