About the job
We are looking for an individual with Middle Office and Commodity Risk Management experience in crude, freight, refined products, or LPG to join our global Middle Office Risk team based in London, UK. The Senior Risk Advisor role plays a critical part in ensuring our commodities supply and trading activity is conducted with transparency and falls in line with our Risk Management framework and associated policies.
Minimum Requirements:
- Relevant experience, preferably in Commodity trading (Front, Middle, or Back Office capacity).
- Good understanding of commodity risk management, including derivatives, physical crude and refined product markets, trading cycle, risk metrics (VAR, Stop Loss, Stress Testing)
- Solid understanding of industry leading practices in risk governance process and procedures.
- Excellent communication skills, with demonstrated ability to operate across stakeholders, within a global team, and independently.
- 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
Responsibilities:
- Analyze and publish the daily risk management exposure reports, profit and loss (P&L) reports, and other related reporting requirements for our North America and International crude, products and LPG trading activity
- Deliver high quality, insightful, value added, and automated management information
- Bring transparency to deal structures and explain financial impacts in operational terms
- Provide independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities
- Administer risk governance policies and standards as part of the control program supporting the supply and trading business, while ensuring all trading activity complies with internal and external policies and limits
- Support specific product lines as the main day-to-day risk function contact with strong global connectivity to our Calgary, London and Houston teams.
- Support regional and global process standardization and continuous improvement initiatives
- Collaborate with commercial and other functions to support the significant growth of new business initiatives
- Balance independent reporting and control duties with a business partnering and commercial enabling approach
- Perform other duties include extensive cross-functional project work, audit support, working capital analysis, and reconciliation with IFRS Accounting & Reporting results
- Demonstrate deep understanding of physical and financial energy markets in respective commodity area
