Head of Credit Risk

5 days ago


Århus, Århus Kommune, Denmark Sorth & Co Full time

Join to apply for the Head of Credit Risk role at SORTH & CO

SORTH & CO search on behalf of Energi Danmark:

HEAD OF CREDIT RISK

Perfect opportunity for the ambitious risk profile

Join a unique journey and make great use of your risk skills. Unfold your managerial skills and make a difference

Building on decades of trading expertise, Energi Danmark is one of the leading trading companies in the Nordics. When you join them, you will be part of an ambitious energy trading company with over 300 employees, working alongside talented and dedicated colleagues. Energi Danmark is on a transformational journey, driving high efficiency in the energy markets and accelerating the energy transition by connecting and serving producers and consumers of renewable energy.

Energi Danmark offers an exciting and dynamic workplace that fosters high ambitions and nurtures a culture of dedication, problem-solving, and a winning mindset. As they navigate a significant transformation, you will find a lot of opportunities for growth, skill development, and specialization. Energi Danmark places great emphasis on the well-being of their employees, both inside and outside the workplace. They prioritize excellent working conditions and offer a comprehensive benefits package, including extra days off, competitive compensation, and flexible working hours to promote a healthy work-life balance.

As Head of Credit Risk, you lead Energi Danmark's Credit Risk team, taking ownership of the credit risk framework, ensuring a structured and transparent approach to managing credit risk across energy trading, portfolio management, and B2B sales operations. You foster close collaboration with the business on credit risk-related topics.

You lead and elevate a team of credit risk professionals, strengthening expertise in both traditional credit assessment and counterparty risk within trading. By building clear policies and structured workflows, you create a predictable and well-documented credit approval process that supports commercial decisions without compromising risk management integrity.

You are hands-on in your leadership, working closely with sales teams, originators, and senior management to embed a risk-conscious culture while driving modernization and efficiency in how Energi Danmark approaches credit risk. If you thrive in an environment where you can shape processes, influence stakeholders, and create lasting impact, this is the role for you.

Your key responsibilities can be summarized as follows:

  • Designing and implementing clear credit risk policies, guidelines, and approval processes to support sales and trading operations.
  • Strengthening the company's approach to counterparty credit risk in trading, introducing robust risk metrics and models.
  • Leading and developing a team of three credit risk professionals, ensuring their skills and expertise grow in line with business needs.
  • Improving collaboration with sales teams by implementing standardized and transparent credit risk assessments to support commercial decision-making.
  • Working closely with traders to assess and manage credit risk exposure related to energy trading counterparties.
  • Establishing quantitative credit risk measures to align with the company's risk appetite and strategic goals.
  • Ensuring risk policies are well-documented, shared, and adhered to across relevant stakeholders.
  • Acting as a key sparring partner for senior management and the CRO, providing insights and recommendations on credit risk matters.
  • Collaborating with finance, legal, and compliance to ensure effective risk management across the organization.

You will work closely with a broad range of stakeholders across the organization, ensuring that credit risk considerations are embedded into commercial and trading decisions while fostering a proactive risk culture.

We envision you hold the following profile to succeed:

  • A strong background in credit risk management, ideally from a 2nd line of defense risk management function in energy trading, banking, or a similar field.
  • Experience with both classical credit risk assessment and counterparty credit risk in trading.
  • Good understanding of credit risk models, metrics, and terms such as PD, LGD, CVA, DVA, and Expected Credit Loss, as well as credit risk mitigation instruments like PCGs, CSAs, and similar.
  • A hands-on mindset, ready to build structured processes and ensure they are implemented effectively across the organization.
  • Experience leading projects, teams, or key tasks, ensuring strong stakeholder engagement and operational improvements.

On a personal level:

  • Are proactive and thrive in a role where you set direction and drive change.
  • Have strong stakeholder management skills, enabling you to work effectively with traders, sales teams, finance, and senior management.
  • Enjoy working in a dynamic and evolving risk environment, where you can implement solutions and have a tangible impact.
  • Are a natural team player who values collaboration and knowledge-sharing.
  • Communicate fluently in Danish and English.

The recruitment process is handled by SORTH & CO. Questions? Please contact Partner Søren Kristiansen, sor@sorthco.dk or +45 50965214

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Management

Industries

Electric Power Transmission, Control, and Distribution and Services for Renewable Energy

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