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-PHONE_NUMBER Job summary Sector Finance & Accounting Subsector Risk Management Industry Energy & Natural Resources Where Dubai Contract type Permanent Consultant name Cheyenne Coutinho Job reference JN-PHONE_NUMBER * 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