Risk Manager / Senior risk officer

• Trade capture, validation, and reconciliation of physical oil and paper trades (Futures, Swaps, Options).
• Track physical trade movements, cargo notifications, and update trade status accurately in trading systems.
• Daily interaction with Operations on logistics, quality, and cost-related matters impacting trades.
• Execute and manage hedging programs on behalf of traders, coordinating with internal and external brokers.
• Provide ad-hoc trader support including market analysis, spreads, price movements, cargo flows, and P&L investigations.
• Daily Profit & Loss calculation, validation, and investigation against market movements, costs, and revenues.
• Prepare daily and monthly P&L and working capital movement analysis with clear explanatory commentary.
• Capture and accrue secondary costs and revenues, including regular review of accrual accuracy and completeness.
• Liaise with Financial Control on accounting treatment, trade and cost capture, in line with internal policies.
• Monitor and report daily position and exposure, highlighting concentration risks and hedging requirements.
• Review global position and VaR reports to ensure desk exposures are accurately reflected in divisional risk reporting.
• Oversee portfolio market risk through regular risk reporting, strategy-level analysis, risk limit monitoring, and proactive identification of concentration and emerging risk
• Ensure compliance with internal risk frameworks, policies, and regulatory requirements.
• Conduct credit assessments for new and existing counterparties, including financial statement reviews and credit limit recommendations.
• Monitor adherence to approved credit limits and risk frameworks, proposing enhancements where appropriate.
• Prepare and present credit exposure reports to management and relevant stakeholders.
• Support the operation, enhancement, and continuous improvement of trading platforms (e.g., CTRM).
• Prepare and present P&L, risk, and credit exposure reports to management.
• Ensure all activities are executed in accordance with internal controls, governance standards, and regulatory obligations.

Requirements:

• A Bachelor's degree in Finance, Economics, Business, or related discipline.
• At least 5 years of experience in oil and gas, ideally within a trading or commodities environment.
• Solid understanding of both physical and derivatives trading, with experience in risk frameworks and hedging strategies.
• Strong leadership skills, with experience supervising or mentoring a team.
• High proficiency in analytical tools and Excel knowledge of risk systems is a plus.
• Excellent communication and stakeholder management skills.
• Strong analytical thinking and numerical proficiency.