Director, Credit Risk and Contract Administration

The Director, Credit Risk and Contract Administration will support the Energy & Power Supply function within the Commercial & Trading organization by leading the administration, execution, and lifecycle management of complex commercial agreements. This role is responsible for ensuring contractual compliance, mitigating risk, and enabling efficient commercial operations across power, gas, and related energy supply arrangements. The ideal candidate brings a strong foundation in contract management within energy markets, with the ability to interpret commercial agreements, partner cross-functionally, and drive operational excellence.

Contract Administration & Lifecycle Management

• Lead the administration and lifecycle management of LNG-related commercial agreements, including:
  • Gas supply agreements
  • LNG sale and purchase agreements (SPAs)
  • Transportation and related midstream agreements
  • Ensure accurate interpretation and execution of contract terms, including pricing, volume, scheduling, invoicing, and settlement provisions.
  • Develop and maintain contract summaries, obligation tracking tools, and reporting for internal stakeholders.
  • Monitor contract performance and ensure compliance with contractual obligations.

   

  Commercial & Contractual Risk Management

  • Evaluate credit and operational risks embedded in LNG and gas contracts, including:
    • Take-or-pay and deliver-or-pay structures
    • Pricing mechanisms and indexation
    • Volume flexibility and optionality
    • Support contract negotiations by providing credit and operational risk input and ensuring appropriate credit protections (e.g., collateral, guarantees, termination rights).
    • Proactively identify and mitigate contractual and counterparty risks

    Credit Risk Management

    • Lead credit risk assessment and approval of feedgas suppliers and LNG offtakers, including utilities, traders, and sovereign-backed entities.
    • Establish and maintain counterparty credit limits, internal ratings, and credit terms in line with the firm’s risk appetite.
    • Monitor and manage credit exposures across gas supply agreements, LNG SPAs, and related commercial transactions.
    • Oversee calculation and reporting of current and potential future exposures, including mark-to-market and settlement risk.
    • Identify and manage concentration risks across counterparties, geographies, and sectors.

     

    Margining, Collateral & Treasury Coordination

    • Oversee and monitor collateral requirements, including margin calls, letters of credit, guarantees, and other credit support mechanisms.
    • Track contractual triggers for credit support and collateral posting obligations.
    • Partner closely with Treasury to:
      • Ensure timely funding of margin calls and collateral postings
      • Forecast potential liquidity requirements under normal and stress scenarios
      • Optimize collateral usage and minimize funding costs
      • Provide transparency into credit-driven liquidity im