Vice President, Risk

Location: Houston, Texas.
Department: Risk Management – Middle Office.
Position Type: Full Time.

About CFE International

CFE International is a Houston-based affiliate of Comisión Federal de Electricidad (CFE), Mexico’s state-owned electric utility. We are responsible for supplying natural gas to support power generation in Mexico and for marketing natural gas within the United States. As a dynamic and mission-driven company, we are committed to strengthening Mexico’s energy security through the reliable and strategic supply of natural gas. Our operations play a vital role in ensuring the continuous generation of electricity for millions of Mexican homes and businesses.

Position Summary

We are seeking a Vice President, Risk to lead the design, execution, and oversight of our credit-risk and energy-risk management strategies at CFE International. You will reside within the middle-office function and play a pivotal role in safeguarding the integrity, performance, and alignment of our risk portfolio with the company’s operational and commercial objectives. You will own counterparty evaluation, credit structuring, collateral and margin strategy, stress-testing programs, and governance—partnering closely with the Chief Risk Officer, senior leadership, Legal, Treasury, and Commercial teams to drive sustainable growth, protect financial exposure, and uphold best-in-class risk-management practices. This highly visible role demands strategic vision, deep expertise in credit and energy risk (preferably in natural gas), and outstanding leadership to build and mentor a world-class analytics team.

Key Responsibilities

Credit & Energy-Risk Strategy: Define and evolve the enterprise credit-risk appetite, energy-risk parameters, approval matrices, and limit frameworks in partnership with the Chief Risk Officer.
Portfolio Integrity & Performance: Ensure the credit portfolio aligns with operational and commercial objectives through ongoing performance reviews, limit refreshes, and portfolio rebalancing.
Counterparty Evaluation & Structuring: Oversee deep-dive credit reviews, enhanced due diligence, covenant design, rating migrations, and collateral triggers to mitigate risk.
Collateral & Margin Strategy: Architect CSA frameworks, optimize thresholds, and conduct margin-period-of-risk analyses to reduce unsecured exposures and optimize funding costs.
Modeling & Analytics: Lead development, validation, and refinement of credit-risk models (PD, LGD, EAD), scenario analyses, stress tests, and interactive dashboards for executive decision-making.
Policy & Process Optimization: Continuously enhance credit-risk policies, automated workflows, and data integrations; champion ETRM enhancements with IT.
Cross-Functional Leadership: Collaborate with Front Office, Treasury, Legal, and Commercial on new products, contract negotiations, and market expansions—embedding risk considerations at deal inception.
Team Leadership & Development: Build, mentor, and grow a high-impact credit and energy-risk analytics team across all levels, fostering expertise in quantitative methods, governance, and strategic advisory.
Regulatory & Standards Compliance: Ensure frameworks meet U.S. and cross-border regulations (FERC, IFRS 9/CECL), ISDA/NAESB standards, and internal audit recommendations.

Qualifications

Education

Bachelor’s degree in Finance, Economics, Statistics, or a related field.
Advanced degree (MBA, MSF) or professional certification (CFA, FRM) strongly preferred.

Experience

8+ years in credit-risk management or quantitative analytics, including a minimum of 5 years in a strategic leadership role.
Deep expertise in energy or commodity markets—natural-gas background highly desirable.

Skills & Knowledge

Deep understanding of credit risk frameworks, portfolio oversight, and credit structuring.
Advanced proficiency in Microsoft Excel and strong working knowledge of analytical tools such as Power BI, Power Query, or equivalent platforms.
Exceptional strategic thinker with strong communication skills to influence senior stakeholders.
Proven track record driving process innovation, automation, and data-driven decision-making.
Collaborative leadership style, service-oriented mindset, and meticulous attention to detail.

Preferred Qualifications

Experience in natural gas or broader energy commodities
Familiarity with U.S. and cross-border credit risk regulations and gas and standards.
Understanding of key commodity contracts and documents such as NAESB, ISDA, guarantees, letters of credit, etc.
Knowledge of ETRM systems (e.g., Allegro).
The five universal cultural qualities valued by CFE International:
- Strong bilingual communication (English & Spanish).
- Discretion in handling sensitive information.
- Adaptability and comfort with ambiguity.
- Ability to multitask and stay organized under pressure.
- Friendly, service-oriented demeanor.

Benefits Overview

At CFE International, we offer a well-rounded benefits package designed to support your health, financial security, and professional growth. Our benefits include annual and performance‑based bonuses, comprehensive medical, dental, vision insurance, employer‑paid life insurance, and a 401(k)‑retirement plan with company match. We provide reasonable paid time off, professional development opportunities, and resources for continuous learning.

Diversity & Inclusion

CFE International is an equal opportunity employer, committed to a diverse and inclusive workplace. All qualified applicants will be considered for employment without regard to race, color, religion, national origin, age, sex, gender identity or expression, marital status, sexual orientation, disability, pregnancy, military/veteran status, or any other basis, which now or in the future may be specified by law.

Note

This is a unique opportunity to shape and lead your own middle-office risk organization – recruiting and developing a team of managers, analysts, and specialists to build a modern, high-impact risk function from the ground up.

How to Apply

If this role sounds like a great fit, you meet the qualifications, and you can see yourself growing with us at CFE International, we encourage you to apply online by completing the following fields and submitting your application using the button below: