Director, Credit Risk and Contract Administration

SUMMARY OF THE ROLE

Lead and manage the administration of LNG‑related commercial agreements, oversee credit and risk management for LNG and gas contracts, and provide accurate execution and reporting while collaborating with Treasury, Accounting, and senior management.

• Lead the administration and lifecycle management of LNG‑related commercial agreements, including
  • Gas supply agreements
  • LNG sale and purchase agreements (SPAs)
  • Transportation and related midstream agreements
• Ensure accurate interpretation and execution of contract terms, including pricing, volume, scheduling, invoicing, and settlement provisions.
• Develop and maintain contract summaries, obligation tracking tools, and reporting for internal stakeholders.
• Monitor contract performance and ensure compliance with contractual obligations.

• Evaluate credit and operational risks embedded in LNG and gas contracts, including
  • Take‑or‑pay and deliver‑or‑pay structures
  • Pricing mechanisms and indexation
  • Volume flexibility and optionality
• Support contract negotiations by providing credit and operational risk input and ensuring appropriate credit protections (e.g., collateral, guarantees, termination rights).
• Proactively identify and mitigate contractual and counter party risks.

• Lead credit risk assessment and approval of feed‑gas suppliers and LNG offtakers, including utilities, traders, and sovereign‑backed entities.
• Establish and maintain counter party credit limits, internal ratings, and credit terms in line with the firm’s risk appetite.
• Monitor and manage credit exposures across gas supply agreements, LNG SPAs, and related commercial transactions.
• Oversee calculation and reporting of current and potential future exposures, including mark‑to‑market and settlement risk.
• Identify and manage concentration risks across counter parties, geographies, and sectors.

• Oversee and monitor collateral requirements, including margin calls, letters of credit, guarantees, and other credit support mechanisms.
• Track contractual triggers for credit support and collateral posting obligations.
• Partner closely with Treasury to
  • Ensure timely funding of margin calls and collateral postings
  • Forecast potential liquidity requirements under normal and stress scenarios
  • Optimize collateral usage and minimize funding costs
• Provide transparency into credit‑driven liquidity impacts to senior management.

• Oversee invoice validation, settlement processes, and dispute resolution in coordination with Accounting and counter parties.
• Ensure alignment between contract terms and financial settlements.
• Resolve discrepancies related to pricing, volumes, and contract performance.

• Lead and develop a team responsible for credit risk and contract administration activities.
• Establish best practices in contract execution, credit analysis, and risk monitoring.
• Promote a culture of accountability, transparency, and disciplined risk management.

• Bachelor’s degree in Finance, Business, Economics, Energy Management, or related field
• 10–15+ years of experience in credit risk, contract administration, or commercial operations within LNG, natural gas, or energy markets
• Strong understanding of LNG SPAs, gas supply agreements, and commodity trading structures
• Proven experience managing counter party credit risk and collateral/margining processes
• Experience working with Treasury or managing liquidity impacts from margining
• Ability to interpret complex contracts and translate them into operational processes
• Strong analytical, organizational, and problem‑solving skills

• Experience with LNG, natural gas trading, or power markets
• Familiarity with contract management systems and/or ETRM platforms (e.g., Endur)
• Prior experience supporting large‑scale infrastructure or energy projects
• Knowledge of ISDA/EFET frameworks and structured commodity transactions
• Advanced degree or professional certifications (CFA, FRM, etc.)

This position operates in…