Manager, Trading Risk

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Job ID#: 10498

Manager, Trading Risk (Crude & Products)

Job Description
Manage a team of Middle Office professionals who distribute daily exposure and profit & loss reports.
Lead, Supervise and develop team members, improve processes and assure that control standards are maintained.

Role Accountabilities:

• Driving synergies across different business stakeholders by identifying opportunities, developing strategic and tactical resolutions and delivering measurable results – Commercial, Operations, Inventory Control, Contracts, Settlements, Technology & Senior Management
• Supervise and provide strategic direction for the Mid-Office team.
• Select, coach, train and develop direct reports to include appraising job performance and conducting performance reviews
• Manage reference data, trade capture, scheduling, risk exposures, and the mark-to-market profit/loss component of ETRM software; this then allows for the planning, tracking, management and accounting for product that is physically moved from source to point of usage
• Development and enhancement of new reporting tools, key performance indicators and control functions for the Mid-Office.
• Complete other duties as assigned

Qualifications

• Bachelor’s degree in finance, accounting, economics or engineering required
• Minimum five years’ commodities trading firm/industry experience required in a middle office risk management role specifically handling crude and refined products
• Minimum three year’s leadership experience in a commodities trading firm required

Specialized Knowledge

• Advanced Microsoft Office/Excel skills required
• Minimum three years’ experience with RightAngle or ETRM systems required
• Minimum five years’ experience working with front, middle and back office business and operational processes required
• Experience with process improvements and analytics required
• Familiarity with SQL

Competencies

• Team Leadership
• Ability to understand and translate commercial needs to other functional teams
• Able to handle multiple concurrent projects and meeting deadlines in a fast-paced, dynamic environment
• Strong analytical skills, strategic thinking and financial acumen
• Strong written, verbal and listening communication skills
• Ability to demonstrate confidence, professionalism, and assertiveness in complex and challenging circumstances
• Excellent organizational and problem-solving skills with attention to detail
• Ability to handle sensitive and confidential information ethically and responsibly
• Proficiency in internal networking, teamwork, and relationship building

Comp:
Market competitive comp to $200K DOE, bonus, and full suite of benefits

Qualified inquiries: [email protected]

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