Senior Risk / Product Control – Crude and Products

Our client is a Global Supply and Trading company. They are looking for an individual with Middle Office and Risk Management experience in crude, refined products, or LPG to join their  global Middle Office Risk team. The Senior Risk Advisor role plays a critical part in ensuring their  commodities supply and trading activity is conducted with transparency and falls in line with our Risk Management framework and associated policies.

Responsibilities

  • Analyze and publish the daily risk management exposure reports, profit and loss (P&L) reports, and other related reporting requirements for our International crude, products and LPG trading activity.

  •  Administer risk governance policies and standards as part of the control program supporting the supply and trading business.

  • Operate as the main day-to-day risk function contact for our crude, products, and LPG trading team in the other Global locations .

  • Collaborate with commercial and other functions to support the significant growth of new business initiatives.

  • Drive continuous improvement opportunities in processes and systems.

  • Balance independent reporting and control duties with a business partnering and enabling approach.

  • Perform other duties include extensive cross-functional project work, and periodically supporting other Crude Trading office locations.

  • Ensure trading activity complies with internal and external policies and limits

  • Perform ad hoc market or quantitative analysis

  • Works to identify new and/or complex transactions and primary result drivers, and their financial implications.

 

Requirements

  • 3 -5 years of relevant experience, preferably in Commodity trading (Front, Middle, or Back Office capacity).

  • Superior understanding of commodity risk management, including derivatives, physical crude markets, trading cycle, risk metrics (VAR, Stop Loss, Stress Testing)

  • Understanding of industry leading practices in risk governance process and procedures.

  • Understanding of derivative regulatory and compliance environments

  • Proven ability to build an overall framework to support higher level commodity risk management initiatives

  • Proven ability to work within a complex environment

  • Able to quickly read, interpret, and synthesize complex data and translate into effective communication medium to all levels of the organization, collaborating effectively within and across functions.

  • Ability to remain independent and objective with respect to Front Office expectations

  • University Degree, preferably Business, Economics, Finance, Accounting, Mathematics or Computer Science

  • Alignment with our values: safety above all else, stronger together, operational discipline, curiosity and lifelong learning, act with integrity

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