Credit Risk Manager

Location:
New York, NY or Houston, TX

Global Energy Trading Platform | Physical & Financial Markets

A premier global energy trading organization is seeking a Senior Credit Risk Manager to lead commercial credit oversight across its North American Oil, Gas, and Power portfolios.

This is a high‑visibility role supporting active physical and financial trading desks, requiring strong commercial judgment, transaction‑level risk evaluation, and direct engagement with counter parties and senior leadership. The successful candidate will operate at the intersection of trading, legal, and finance — influencing deal flow while safeguarding the firm’s balance sheet.

This position reports directly to the Head of Credit (Americas).

In‑office, 5 days/week.

• Full credit risk oversight of North American Oil, Gas, and Power exposures
• Direct relationship management with external counter party credit teams
• Independent credit assessment of complex transactions and high‑risk counter parties
• Real‑time monitoring of exposures, collateral, margining, and credit utilization
• Credit structuring and negotiation of key agreements (ISDA, CSA, NAESB, Master Trading Agreements, AMA, GT&C)
• Approval and escalation of credit limits in accordance with delegated authority
• Collaboration with global underwriting teams on credit recommendations
• Structuring and execution of credit mitigants (PCGs, insurance, surety bonds, structured collateral solutions)
• Development and enhancement of risk analytics tools (PFE modeling, stress testing, credit pricing)
• Delivery of actionable credit reporting to senior risk and commercial leadership
• Contribution to broader regional and global credit risk strategy

• 5+ years of Credit Risk experience within energy trading, commodities, or structured banking
• Direct experience in Natural Gas and/or Power markets required
• Deep understanding of financial statement analysis and counter party risk modeling
• Strong grasp of credit mitigants, structured finance solutions, and collateral mechanics
• Experience working in a physical trading environment
• Comfortable negotiating credit language and influencing commercial outcomes
• Highly analytical, commercially savvy, and decisive under pressure
• Advanced Excel skills; experience with Capital IQ or similar platforms preferred
• Spanish language skills a plus

• Direct exposure to active trading desks across multiple commodities
• Global collaboration with underwriting and credit teams
• Strategic involvement in credit structuring — not just monitoring
• Opportunity to influence risk framework development and portfolio strategy
• Fast‑paced, performance‑driven environment with significant visibility