Director, Credit Risk and Contract Administration

SUMMARY OF THE ROLE

• Contract Administration & Lifecycle 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.
• Commercial & Contractual Risk Management
  • 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
• Credit Risk Management
  • 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.
• Margining, Collateral & Treasury Coordination
  • 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.
• Invoicing, Settlement & Dispute Resolution
  • 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.
• Leadership & Team Development
  • 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 a professional office environment with occasional work within or outside of a complex construction environment. This role routinely uses standard office equipment such as computers, phones, photocopiers/fax, filing cabinets, etc. This is primarily a sedentary role; however, the…