Counterparty Credit Risk Officer

About the role

An exciting opportunity to join a growing international commodities trading business in Dubai as a Counterparty Credit Risk Officer. The role is responsible for assessing, monitoring and mitigating counterparty credit risk across trading activities while supporting commercial growth.

Key responsibilities

• Monitor and assess counterparty credit risk exposures and conduct credit evaluations for prospective and existing counterparties.
• Develop and implement credit risk management strategies, policies and ensure compliance with internal guidelines and regulatory requirements.
• Maintain accurate records, produce daily, weekly and monthly exposure and credit risk reports, and support audits and reviews.
• Collaborate with accounting, finance, trading, legal, compliance, treasury and risk teams across multiple locations.
• Drive reporting automation initiatives, develop risk reporting tools, dashboards and partner with IT on system improvements.

Required profile

• Bachelor's degree in Finance, Economics, Accounting or related field.
• Mandatory UAE experience in credit risk, credit analysis, trade finance or risk management.
• 3 to 5 years of relevant experience in counterparty credit risk or credit analysis, preferably in commodity trading.
• Strong financial statement analysis and knowledge of trade finance instruments such as LCs, SBLCs, guarantees and credit insurance.

Required skills

• Advanced Excel skills including pivot tables, Power Query and complex formulas.
• Experience using Power BI, SQL and Python for reporting and analytics.
• Ability to extract, reconcile and analyse data from ERP, ETRM and internal reporting systems.