Trade Support & Operational Risk Manager Trade Support & Operational Risk Manager …

Selby Jennings
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 06 août 20
Negotiable
Selby Jennings
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 06 août 20
Negotiable
Summary: Global Commodity Trading House is seeking an experienced and driven Trade Support & Operational Risk candidate further strengthen the ETS team. You will be expected to work alongside the front office and finance departments effectively, playing a key role in managing risk across the business, the development of the middle office function for structured products; taking into account the company's current and future requirements for growth.

Key Responsibilities:

  • You will be the First LOD for the entire business functions, responsible with identifying and mitigating any potential risk that could impact the company directly - both in the immediate term and in the future .
  • Develop and implement operational risk policies and standards for managing risk across the entire business, keeping the companies current and future plans for growth in mind - including new business activities, New Product Approvals (NPA), Non Standard Deal Approvals (NSDA) and New Commercial Activity Integration (NCAI) across physical and financial oil.
  • Carryout an in depth risk assessment (ad hoc) and the ongoing monitoring of operational risk indicators.
  • Ensure the continued collaboration and communication with the traders, senior management and the risk teams - reporting your findings and recommendations of the key risk and control indicators from the operational risk reviews.
  • Responsible for developing strong relationships with key stakeholders and senior management by addressing and rectifying any concerns effectively.
  • Ensure the documentation for risk management, risk policies and procedures are up to date and are actioned.
  • Synchronise all activities related to K factor indicators in connection with Trade Control function.
  • Responsible for the full compliance of internal and external regulations and any audit requests are actioned promptly.
  • The main point of contact for integrating risk management measures across the business and ensuring all relevant parties and functions are in coordination with the set operations.
  • Responsible for reviewing Oil NSDA and NPA processes, carrying-out a detailed analysis that follows the set objectives and documented approaches for business activities efficiently.
  • Ensuring the daily validation of physical crudes and products (physical and financial) transactions are accurately captured on time, following company practices.
  • Automating and streamlining the internal system inside the Trade support & Operational risk teams and working closely with the IT department to ensure systems enhancements are implemented accordingly.

Requirements:

  • A degree in Quantitative Finance, Mathematics, Physics, or other science disciplines.
  • Strong level of knowledge and practical experience using VBA Programming, Matlab and Excel.
  • Advanced knowledge of oil markets - physical and financial
  • Experience and understanding of commodity options on physical assets including storage, swing, optimisation, optionality in physical oil terms.
  • Knowledge and understanding of control processes in a trading and regulatory environment.
  • Understanding of the commodities markets, in particular physical crude & products markets.
  • Ability to understand and apply risk management concepts, including stress-testing, value-at-risk, liquidity adjusted VaR and scenario analysis.
  • Previous experience working in an oil trading company, Risk Consulting, banking or finance sector - preferably in a senior position within Trade Control, Operational Risk or Market Risk environment.
  • Strong understanding of options, mathematics and how they are priced.
  • Ability to communicate ideas and findings fluently in English (written and spoken).
  • Ability to work in a rapidly changing and result driven environment, with the determination to learn and show resilience.

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