Head of Risk - Global Integrated Energy Trading Firm
We are representing a renowned global integrated energy trading firm with a primary focus on the oil sector. With a strong presence in the international market, they specialize in the trading, storage, and transportation of energy commodities. As a leader in the industry, they are committed to excellence, innovation, and responsible energy practices. They are currently seeking a highly skilled and experienced Head of Risk to join their dynamic team.
Responsibilities:
- Develop and implement a comprehensive risk management framework to identify, assess, and monitor risks across our trading operations.
- Establish and enforce risk policies, procedures, and controls to ensure compliance with internal guidelines and external regulatory requirements.
- Analyze market trends, pricing dynamics, and geopolitical factors to assess potential risks and opportunities in the energy trading industry.
- Lead a team of risk professionals, providing guidance, mentoring, and support in their day-to-day activities.
- Collaborate with traders, analysts, and other stakeholders to assess risk exposures and develop appropriate hedging strategies.
- Conduct stress tests, scenario analysis, and other risk assessment techniques to evaluate the potential impact of market events on the firm's portfolio.
- Prepare regular risk reports and presentations for senior management and the board of directors, highlighting key risk metrics and recommending risk mitigation strategies.
- Stay up to date with industry best practices, regulatory developments, and emerging risk trends in the energy trading sector.
- Foster a strong risk culture within the organization, promoting awareness, accountability, and continuous improvement in risk management practices.
Qualifications:
- Bachelor's degree in finance, economics, or a related field. A Master's degree or professional certification in risk management is preferred.
- Extensive experience in risk management within the energy trading industry, with a focus on oil commodities.
- Strong understanding of trading strategies, derivative instruments, and risk measurement methodologies.
- Proven track record in developing and implementing risk frameworks, policies, and controls in a global trading environment.
- Knowledge of regulatory requirements related to risk management in the energy sector.
- Exceptional analytical skills with the ability to assess complex risk scenarios and provide actionable insights.
- Strong leadership abilities with experience in managing teams and working collaboratively across functions.
- Excellent communication and presentation skills, with the ability to effectively convey complex risk concepts to non-technical stakeholders.
- Proficiency in risk management software and systems.
- Fluency in English is required. Additional languages are advantageous.