Crude Commodity Risk Team Lead
30 S. Wacker Drive Chicago, IL 60606 US | Work from home flexibility TELECOMMUTE US
Job Description
A global energy trading & marketing firm is searching for a senior Commodity Risk professional to mentor and lead its crude oil middle office risk team. This team focuses on reporting and analyzing trading & origination/marketing portfolios. The team lead will mentor and guide team members in their day-to-day activities.
Key team responsibilities include:
- Measuring, valuing, and reporting the daily mark-to-market P&L,
- Price Curve validation,
- Understanding of trading portfolios and strategies (by deal, portfolio, trader, and region) in conjunction with the overall markets from a risk, liquidity, and fundamentals perspective,
- Providing management insightful commentary on trading activity,
- Monitoring trader risk to ensure compliance with control policies and trader limits,
- Develop strong relationships with the front-office traders, originators, and other finance staff,
- Supporting the cash forecast and monthly accounting processes, and
- Participating in projects to automate and streamline processes.
Educational and professional requirements include a bachelor’s degree in Finance or a related numerate field; 10+ years’ experience in risk, trade reporting, valuations, product control, or a middle-office PnL role and ideally supporting an energy trading & marketing desk; strong understanding of financially traded instruments; ability to communicate complex trading transactions; analytical skills; and advanced technology skills including Excel/VBA/SQL/Python/R are a plus.
Consideration will be given to candidates with general capital markets middle office or risk experience.