Risk Director
1 week ago
SORTH & CO, a leading recruitment agency, is seeking a highly experienced Head of Credit Risk to join Energi Danmark's team. As a key member of the organization, you will play a vital role in shaping the company's risk management strategy and implementing a robust credit risk framework.
About the JobThis is an exceptional opportunity for a seasoned risk professional to join a dynamic energy trading company on a transformational journey. The successful candidate will lead Energi Danmark's Credit Risk team, overseeing the development and implementation of a structured and transparent credit risk framework.
- Develop and implement a credit risk framework to support sales and trading operations.
- Lead and manage a team of credit risk professionals to ensure effective risk management.
- Collaborate with sales teams, finance, and senior management to ensure a proactive risk culture.
Key Responsibilities:
- Design and implement clear credit risk policies, procedures, and guidelines to support commercial decisions.
- Establish and implement risk metrics and models to measure and mitigate counterparty credit risk.
- Foster close collaboration with stakeholders to ensure effective risk management.
Requirements:
- 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 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.
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