Senior Risk Manager – Energy & Commodity Trading
Core
Oversee and strengthen the risk management framework for physical oil and commodity trading activities, including derivatives.
Role type
Senior Risk Manager (Energy & Commodity Trading)
Builds
Risk management policies, controls, and reporting frameworks for physical oil and commodity trading.
Domain
Energy, Commodity Trading, Financial Risk
Required skills
Market risk analysis, Credit risk analysis, Counterparty risk management, Value-at-Risk (VaR) modeling, Stress testing, Scenario analysis, Hedging strategy, Derivatives pricing, Exposure monitoring, Risk limit management
Preferred skills
Petroleum products trading experience (crude oil, fuel oil, gasoil, gasoline, naphtha, LPG), Programming languages for risk tools
Technologies
Excel, Derivatives (swaps, futures), Risk systems
Responsibilities
Monitor risk exposures from physical oil and commodity trading and related derivative positions; Review daily trading positions, market exposures, mark-to-market, profit and loss, and trading limits; Monitor hedging activities involving commodity swaps, futures, and other derivatives; Develop and maintain risk management policies, controls, and reporting frameworks; Perform risk analysis including VaR, stress testing, and scenario analysis; Monitor counterparty and credit exposures; Review new transactions and trading structures from a risk perspective; Provide independent risk oversight and challenge to the trading desk; Prepare regular risk reports for management.
Seniority
Senior, hands-on IC