Market Risk Manager/Product Controller

Location Dubai
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 2107
Published: 6 months ago
Market Risk Manager/Product Controller

Our client, a leading global physical oil trading firm, has made a significant mark in the international energy market, known for its exceptional performance and strong presence across various regions. As part of their strategic expansion plans, they are currently seeking a seasoned Market Risk Candidate to join their teams in Singapore and Dubai. This role presents a unique opportunity to establish the risk function from the ground up, as the current setup requires traders to manage their own risk.

Position Overview:

The Market Risk role with this esteemed global firm is a pivotal opportunity for an experienced professional in the field of market risk analysis. The successful candidate will play a crucial role in building and leading the risk function, working closely with trading teams in Singapore and Dubai. Reporting to the CFO, the Market Risk Candidate will be responsible for implementing robust risk management strategies and frameworks across the organization.

Key Responsibilities:

  • Establish and develop a comprehensive market risk management framework, incorporating best practices and industry standards.
  • Collaborate with trading teams to identify, assess, and manage risk exposures related to physical oil trading activities.
  • Conduct in-depth market analysis and scenario planning to evaluate potential risks and opportunities in the global energy market.
  • Design and implement risk monitoring systems and tools to ensure effective risk oversight and control.
  • Provide regular risk assessments and reports to senior management, offering insights and recommendations to optimize risk-adjusted returns.
  • Stay informed about market trends, regulatory changes, and industry developments that may impact the risk profile of the organization.