Deputy Chief Risk Officer - Global Trading & Distribution

Job Purpose:

Support in strengthening of the organisation's risk governance and middle office function.

Key Responsibilities:

- Coordinate and lead the middle office/risk team delivering daily P&L production, reconciliation, independent P&L explain, and related controls, ensuring timely output, clear ownership, and escalation where required.

- Oversee daily mark-to-market valuations for physical and derivative positions, including approving valuation methodologies, model changes for new products, and key pricing assumptions-

- Oversee VaR, risk metrics, and risk reporting: review and challenge daily/weekly VaR, sensitivities, stress tests, limit utilisation, and other market risk indicators; ensure accurate, consistent reporting to the CRO

- Supervise trade lifecycle controls (front-to-back matching, validation of economics, resolution of breaks) by setting SOPs, enforcing checks on high- value trades

- Oversee the design, implementation, and periodic review of risk-related controls and dashboards (positions, P&L attribution, limit breaches, exceptions), driving process improvement and automation while maintaining strong data quality.-

- Act as the primary escalation point for significant P&L variances, control failures, model issues, or risk limit breaches, providing clear analysis, recommended actions, and tracking remediation to closure.

Educational Qualifications:

- Chartered Accountant / MBA (Finance) / CFA / FRM or equivalent qualification

- Strong academic grounding in finance, risk management, or quantitative disciplines preferred

Desired Profile:

- 12-18 years of relevant experience in commodity trading, financial markets, or product control / market risk functions

- Proven experience managing valuation, P&L control, or risk reporting frameworks

- Strong understanding of VaR, market risk measures, exposure monitoring, and trading risk dynamics

Must have Competencies/Skills:

- Deep understanding of P&L attribution & valuation controls

- Strong working knowledge of VaR and market risk metrics

- Ability to interpret trading strategies and risk exposures

- Strong analytical and problem-solving capability

- High attention to detail with control-oriented mindset

- Ability to lead and coordinate specialist teams

- Comfort with data, reporting tools, and risk systems