An exciting opportunity for a Counterparty Credit Risk Officer to join a growing international commodities trading business based in Dubai. This role is responsible for assessing, monitoring, and mitigating counterparty credit risk across trading activities while ensuring strong risk controls support commercial growth and business objectives.
Client Details
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.
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.
Profile
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
Job 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 environmentSkills
Risk management
