Credit Risk Manager

Company Overview

China Aviation Oil (Singapore) Corporation Ltd (“CAO”) is the largest physical jet fuel trader in Asia Pacific, supplying jet fuel to airlines across Asia, North America, Europe, and the Middle East, with headquarters in Singapore and key hubs worldwide.

Job Summary

Support and enhance the Company’s credit risk management by evaluating counterparties, monitoring credit exposure, and implementing risk mitigation to safeguard financial interests and ensure compliance with approved frameworks.

Roles & Responsibilities:

1. Assist the Head of Risk Management to establish and optimize the Company's riskmanagement system, improve the quality of credit risk analytics, and ensure therisk management processes in the Company are standardized and systematic inaccordance to the company's risk management philosophy;
2. Assist the Head of Risk management to effectively implement and monitor the riskmanagement processes for the subsidiary companies, including formulating andoptimizing the risk control process, regular communication and early warningmechanism for the subsidiaries, implementing centralized credit risk controlfor the subsidiary companies. This include supervision, training and guidancefor the risk control personnel at each subsidiary companies;
3. Responsible for the credit evaluation of the Group’s trading counterparties, and providerecommendations for the credit ratings, credit terms, credit limits and creditrisk mitigation measures of the trading counterparties in accordance with thecredit framework approved by the Board of Directors, for approval by the SeniorManagement;
4. Responsible for the management of trading counterparties' credit limit and creditinsurance, collection of market information, timely deactivation of high risktrading counterparties and reducing redundant credit limit, and strive forfavorable credit insurance coverage limit of the company. Responsible for credit management of LCissuing bank and paper broker list;
5. Responsible for daily monitoring of the credit status of counterparties, timely reporting abnormal situations to relevant departments and Senior Management, and to report on overdue balances,credit insurance and market developments to the Senior Management on a regular basis;
6. Propose effective credit risk mitigation measures when the transaction credit exposure is above the company's risk appetite, and control the credit exposure of all transactions within the riskframework approved by the Company's board of directors and Senior Management;
7. Responsible for liaising with relevant departments to carry out thourough evaluation of counterparty guarantee received by the company or subsidiary, and the follow-up monitoring work ofthese guarantees. This includes financing and non-financing guarantees issued by the Company as well;
8. Understand legal, compliance and market risk related issues involved in the approval of credit;
9. Responsible for maintaining the policy for counterparty guarantee (non-financing), and liaising with the relevant departments to ensure that the policy is up to date;
10. Responsible for liaising with the Parent Company’s legal and risk Control Department (Risk management);
11. Responsible for the review and research, reporting and emergency treatment of major risk events of the Company;
12. Carry out annual risk review and ad-hoc risk assessment of the subsidiaries;

Requirements:

1. Bachelor‘s Degree in Business/ Economics/ Finance/ other numerical discipline or equivalent;

2.

Min. 5 years’ relevant experience in

credit risk management within oil commodities trading

or in a similar role;

1. Possesses strong credit risk assessment and decision-making capabilities, particularly in credit approval processes;
2. Demonstrate the following Supply & Trading Competencies:

• Understand the Energy Commodities Trading Industry & External Market (Skillful Application)
• Regulatory Compliance & Assurance (Skillful Application)
• Credit Risk Management (Expert Application)
• Other Risk Management (Basic Application)- Quantitative & Analytical Skills (Skillful Application)

1. Excellent people skills and communication skills, strong team player with ability to work collaboratively with external vendor, and internal staff in the Trading, Risk Management, Operations and Finance Departments;
2. Good ethics and professional conduct, and with strong sense of responsibility and teamwork spirit;
3. Meticulous, good organisational, time management skills and stress tolerance with proven ability to manage multiple priorities;
4. Effectively bilingual in both English and Mandarin (as the position needs to frequently communicate with English/Chinese speaking associates verbally/ in writing whenever appropriate).

China Aviation Oil (Singapore) Corporation Ltd (“CAO”, “the Company” or “the Group”), incorporated in Singapore on 26 May 1993 and listed on the Mainboard of the Singapore Exchange Securities Trading Limited since 2001, is the largest physical jet fuel trader in the Asia Pacific region and key supplier of imported jet fuel to the civil aviation industry of the People’s Republic of China (“PRC”).

Headquartered in Singapore with a strong and growing presence at key international aviation hubs in Hong Kong SAR, Los Angeles and London; with an entrenched presence in China, CAO and its wholly owned subsidiaries (the “Group”), China Aviation Oil (Hong Kong) Company Limited (“CAOHK”), North American Fuel Corporation (“NAFCO”) and China Aviation Fuel (Europe) Limited (“CAFEU”) supply jet fuel to airline companies in Asia Pacific, North America, Europe and the Middle East. The Group also engages in international trading of jet fuel and other oil products.

OUR MISSION

To Create Value for Shareholders

To Provide Professional Development for Employees

To Contribute to Society

OUR VISION

To be an innovative top-tier company, underpinned by oil-related investments and fuelled by our “twin engines growth strategy” in the jet fuel and other oil products businesses.

CORPORATE VALUES

Excellence: To Strive for Excellence in Every Detail

Innovation: Proponent and Leader of Innovation and Change

Diversity: Respecting and Valuing Differences

Integrity: Growing our Businesses through Trust and Honesty

TALENT CONCEPT

Valuing talents

Shaping the quality of talents

Developing talents

FAIR EMPLOYMENT PRACTICES

Adhering to the Tripartite Guidelines for Fair Employment Practices (TAFEP) and Fair Consideration Framework (FCF), CAO provides equal employment opportunities to candidates of all ethnic backgrounds, selects and matches candidates in a fair and open manner based on their abilities.