Commodity Market Risk Manager - Not Banking/Insurance

Commodity Market Risk Manager - Not Banking/Insurance

POSITION REQUIREMENTS (Competencies - Skills, Knowledge & Attitude)

No Banking / Insurance / Shares Profiles only oil & gas industry expereinced candidates can apply!!!

- Bachelor degree with prior experience in Market risk

- Good financial accounting /analysis skills and an inquisitive bent of mind

- 5+ years of experience in handling Market risk functions

- Well conversant with Trade Control / ERP systems

- Good written and verbal communication skills

- Ability to meet deadlines and work independently

- May need to work across geographical timelines

- Effective organization skills with the ability to prioritize workload

- Acute attention to detail and ability to execute work with minimal error margin.

- Multi-tasking abilities, adjusting to quickly changing environment

- Able to work in a team which is growing, diverse in culture and spread across globally

KEY RESPONSIBILITIES

- Determine accuracy of deal capture; ability to work with to market reference prices, calculate Mark-to-Market portfolio valuations from trading system and process daily P&L.

- Conduct market risk assessments of trading positions, strategy, appropriateness and accuracy of market and credit risk exposure reporting.

- Report and provide analyses to senior management on risk strategy effectiveness, measure hedge performance.

- Maintain independent proxy market curves for all commodities for use in mark to market and profitability calculations

- To create and maintain a database of registered counterparties

- Share responsibility for administrating the trading system (ASPECT)

- Validate accuracy of counterparty settlements from system, review key exposures relative to current markets and make forward looking assessments of market risk exposures under changing market scenarios.