Energy Trading Risk Manager Role: Energy Trading Risk Manager The Energy Trading Risk Manager is responsible for overseeing the risk management framework relatedto energy trading activities within the organization. This role is pivotal in assessing, monitoring, andmitigating risks associated with commodity trading, ensuring compliance with internal policies, andproviding strategic recommendations to the senior management team. The successful candidate will workclosely with traders to analyze risk exposure and develop effective mitigation strategies while continuouslyimproving the risk management processes. Responsibilities:
Develop, implement, and maintain the organization's comprehensive risk management framework forenergy trading operations.
Establish risk tolerance limits and ensure alignment with the company’s overall risk appetite and strategicobjectives.
Conduct regular and ad-hoc risk assessments of trading activities, identifying key risk factors, andmeasuring their potential impact.
Prepare detailed risk reports for senior management, providing insights on exposure, trends, and anyemerging risks in the energy trading market.
Ensure compliance with internal risk policies and external regulatory requirements, reviewing processesand making recommendations for improvements where necessary.
Oversee the documentation of risk-related activities and compliance audits, ensuring all records are up-to-date and properly maintained.
Work closely with traders to assess real-time risk exposures across various energy commodities, includingoil, gas, electricity, and derivatives.
Provide strategic input on risk mitigation techniques and assist in developing hedging strategies to protectagainst market volatility.
Identify opportunities to enhance risk management systems and processes, leveraging technology anddata analytics for better risk monitoring and reporting.
Stay up-to-date on industry trends, emerging risks, and regulatory changes, adapting the risk managementframework accordingly.
Job Summary
Proficiency in risk management software, financial modeling, and data analytics tools.
Strong analytical and decision-making skills, with the ability to develop innovative solutions for mitigatingtrading risks.
Ability to work effectively across teams, particularly with traders, compliance, and senior management.
Proficiency in Microsoft Excel and other data analysis tools.
Advanced knowledge of ERP systems, particularly SAP functional skills, to ensure efficient financialoperations and reporting.
Minimum 5 years working experience, 3 years relevant working experience, 2 years GCC experienceis a plus.
