Lead Analyst, Credit Risk

Posted 4 Days Ago
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Houston, TX, USA
In-Office
Senior level
Energy • Industrial • Renewable Energy
The Role
Lead the counterparty credit risk function for natural gas and LNG trading: set limits and terms, assess counterparties quantitatively and qualitatively, monitor exposures and collateral, oversee MTM/PFE and stress scenarios, negotiate credit provisions, and enforce credit policies to support disciplined commercial growth.
Summary Generated by Built In
About Us:
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.
 
Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast.  The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.
 
Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.
 
Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.

Job Description
Position Summary:
The Lead Analyst, Credit Risk is responsible for leading the firm’s counterparty credit risk function across commercial activities such as natural gas and LNG trading. This role plays a critical part in enabling disciplined commercial growth by establishing and enforcing credit risk frameworks, evaluating counterparty exposure, and supporting structured deal execution within defined risk appetite.

Key Accountabilities:
  •  Lead the evaluation and approval of counterparty credit risk, including setting credit limits and terms 
  • Perform quantitative and qualitative assessments of counterparties, including financial statement analysis and market intelligence 
  • Monitor and manage daily credit exposure, collateral positions, and concentration risks 
  • Oversee mark-to-market exposure, potential future exposure, and stress scenarios across trading portfolios 
  • Partner with Trading and Origination to structure transactions with appropriate credit protections (e.g., collateral, guarantees, netting agreements) 
  • Provide timely credit decisions to support execution of physical and financial commodity transactions 
  • Review and negotiate credit provisions within commercial agreements (e.g., ISDAs, NAESBs, LNG SPAs) 
  • Establish and enforce credit risk policies, procedures, and limit frameworks 
  • Ensure compliance with internal risk appetite, regulatory expectations, and audit requirements 
  • Escalate credit breaches, limit excesses, and emerging risks to senior leadership in a timely manner
Qualifications:
Education, Certificates, and Licenses:
  •  Bachelor’s degree in Finance, Economics, Accounting, Business, or a related field required
Experience:
  •  5+ years of experience in credit risk, risk management, trading, or middle office within energy markets          
  • Strong experience in natural gas, LNG, or commodities markets required
Knowledge, Skills, and Abilities:
  •  Strong financial analysis skills, particularly in assessing financial statements, with familiarity with both financial and physical commodity products 
  • Experience managing counterparty risk in a dynamic trading environment 
  • Strong familiarity with NAESBs, ISDAs and similar type of agreements 
  • Understanding of credit rating methodology by the different credit rating agencies ·        
  • Sound judgment in identifying and assessing key risks in structured transactions and anticipating potential challenges 
  • Strong analytical and quantitative skills with exceptional attention to detail 
  • Excellent communication skills, with the ability to influence and interact with senior stakeholders

About
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast.  The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.

Skills Required

  • Bachelor's degree in Finance, Economics, Accounting, Business, or related field
  • 5+ years experience in credit risk, risk management, trading, or middle office within energy markets
  • Strong experience in natural gas, LNG, or commodities markets
  • Financial statement analysis skills and ability to assess counterparty creditworthiness
  • Experience managing counterparty risk in a dynamic trading environment, including daily exposure and collateral management
  • Familiarity with NAESBs, ISDAs, LNG SPAs and negotiating credit provisions
  • Understanding of credit rating methodologies used by rating agencies
  • Experience structuring transactions with credit protections (collateral, guarantees, netting agreements)
  • Strong analytical and quantitative skills with exceptional attention to detail
  • Excellent communication skills and ability to influence senior stakeholders
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The Company
92 Employees
Year Founded: 2012

What We Do

Caturus is an integrated natural gas and LNG company based in Houston, Texas. It operates through a 'wellhead-to-water' strategy, combining upstream natural gas production in Texas with downstream LNG export capabilities via its Commonwealth LNG terminal in Louisiana. The company focuses on delivering responsibly sourced, low-emission energy to domestic and international markets, aiming to provide low-cost energy on demand with a minimal carbon footprint.

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