Selby Jennings is partnered with an elite Oil & Gas trading shop that is looking to make a key hire on their Risk team. This firm provides exceptional compensation, market-leading time off, and global exposure. If you have experience working supporting crude oil, refined products, natural gas, or power trading activities, this is a great role for you.
Responsibilities:
- 5+ years of Middle Office/Risk experience supporting Crude, Refined Products, Natural Gas, and/or Power trading activities.
- Comprehension of commodity risk management encompassing derivatives, physical crude markets, trading cycles, and risk evaluation metrics such as VAR, Stop Loss, and Stress Testing.
- Familiarity with best practices in risk governance processes and protocols within the industry.
- Knowledge of derivative regulatory frameworks and compliance standards.
- Demonstrated capability in constructing a comprehensive framework to facilitate advanced commodity risk management initiatives.
- Proven adeptness in navigating complex work environments.
- Proficiency in swiftly interpreting and synthesizing intricate data and effectively communicating findings to various organizational levels, while fostering collaboration across functions.
- Ability to maintain objectivity and independence concerning Front Office expectations.
Primary Responsibilities:
- Analyze daily risk management exposure reports, profit and loss (P&L) statements, and other pertinent reports for North America crude, products, and LPG trading endeavors.
- Enforce risk governance policies and standards as part of the control program supporting the supply and trading business.
- Possess exceptional communication skills to operate both independently and within a team, serving as the key point of contact for day-to-day risk functions on specific product lines, with strong connections to global teams.
- Collaborate with commercial and other departments to facilitate the expansion of new business initiatives.
- Drive enhancements in processes and systems continually.
- Strike a balance between independent reporting and control responsibilities and a collaborative, enabling approach to business partnerships.
- Undertake cross-functional project work and provide periodic support to other Crude Trading office locations.
- Ensure trading activities adhere to internal and external policies and limits.
- Conduct ad hoc market or quantitative analyses.
- Identify new and/or intricate transactions and their primary financial implications.
