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Market Risk Manager

Optimus
Houston, TX Full Time
POSTED ON 1/8/2025
AVAILABLE BEFORE 3/8/2025

Market Risk Manager

Optimus - Houston, TX, United States

We are seeking an experienced and strategic-minded Risk Manager to lead the market and operational risk management initiatives for our Commercial Optimization Team (CO). In this role, you will mentor and provide training to team members, participate in risk mandate implementation, and play a key role in designing and implementing the group's risk management framework, processes, and systems. As an integral member of the Risk Management team, you will contribute to various aspects, including employee development, conflict resolution, strategy development, and compliance. The client is in office 2 days a week in the Galleria area of Houston.

Key Responsibilities:

    • Participate in implementing the risk mandate, including risk limits, position, P&L reporting, and other risk metrics.
    • Work closely with the front office, including traders and schedulers, on hedging/trading strategies, risk monitoring, and risk reporting.
    • Manage the financial performance forecasting for Commercial Operations.
    • Provide quality control review for reporting and modeling prepared by others in the Risk and Structuring group.
    • Lead the design of risk management systems and processes to enhance efficiency and effectiveness.
    • Provide reports and presentations to leaders within the company, including senior executives.
    • Collaborate with IT, Back Office, Credit, Traders, and Schedulers to resolve issues that arise from time to time.
    • Ensure all transactions are properly valued and accurately captured in the ETRM system.
    • Advise and verify the modeling of transactions, particularly complex non-standard transactions.
    • Provide guidance and mentoring to team members within the Commercial Optimization Team.

Requirements:

    • Bachelor's Degree in Mathematics, Statistics, Finance, Economics, IT (Business Applications), or related field from a top-tier program (Advanced degree preferred).
    • 10 years of extensive experience in the front, middle, or back office of a commodity/energy trading organization or related experience. (Nat Gas, LNG, and Power experience will be highly valued).
    • Ability to understand/interpret V@R as well as discuss/contribute ideas for other methodologies to calculate V@R to benefit the company’s risk needs.
    • Proven leadership mentoring and growing a team
    • ETRM experience
    • Presenting data and reporting to Sr leadership
    • Strong analytical thinker with excellent communication skills -both written and verbal


Tagged: Risk Finance

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