Market Risk Manager (Oil & Gas) Assistant Manager

Job Summary

Support the Head of Risk Management in implementing risk frameworks, monitoring trading book exposures, maintaining VaR models, and providing risk analysis to enable informed decision-making in energy commodities trading.

Responsibilities

• Implement the company Risk Management Framework by assisting in developing policies, procedures, and methodologies to manage risk effectively
• Assess risks and establish appropriate limits for new activities, evaluating gaps in valuation and risk measurement of existing transactions
• Review and monitor trading book limits regularly to ensure compliance with trading and control policies aligned with current strategies
• Monitor trading books daily by computing, analyzing, and reporting exposures to ensure they remain within approved limits and communicate findings with front and back office teams
• Perform monthly closing tasks and analyze profit and loss positions for assigned books, assisting in drafting reports for the Risk Management Committee
• Maintain and enhance market risk valuation models, including VaR methodologies, conducting stress testing, scenario analysis, and back-testing to validate risk measurement accuracy
• Provide risk analysis and insights on profit and loss sources, key risk exposures, and scenario outcomes to support management and trading teams’ decision-making
• Collect and compile daily mark-to-market prices and relevant data for dissemination and upload into the CXL system, performing End-of-Day operations
• Apply foundational knowledge of the biofuels market to understand market dynamics, business models, and pricing mechanisms relevant to risk management
• Manage the hedging business by reviewing and monitoring hedging strategies, evaluating effectiveness, verifying hedging ratio calculations, reviewing periodic reports, and ensuring compliance inspections

Required competencies and certifications

• University Degree in a relevant discipline
• Minimum 10 years of relevant experience, including at least 5 years in a similar role
• High IT literacy to support quantification, measurement, and reporting of trading risks and exposures
• Competencies in Energy Commodities Trading Industry understanding, Regulatory Compliance, Market Risk Management, and Quantitative & Analytical Skills at skillful or basic application levels
• Excellent communication skills and ability to collaborate with external vendors and internal teams across Trading, Risk Management, Operations, Finance, and IT
• Strong business acumen, organizational skills, and interpersonal abilities
• Meticulous time management and stress tolerance with proven ability to handle multiple priorities
• Proficiency in both English and Mandarin to communicate with stakeholders and prepare or proofread official documents and presentations in both languages