Senior Manager Market Risk leading a global team in analytics and reporting for refining and products trading. Shaping risk strategy and ensuring compliance in a dynamic trading environment.
Responsibilities
Lead a globally distributed team, fostering a culture of accountability, continuous improvement, and commercial partnership.
Actively lead staff development, succession planning, and regional execution of global/strategic agendas.
Provide market risk oversight aligned with commercial objectives and trading strategies.
Translate risk metrics into business-relevant insights for the Front Office and senior stakeholders.
Manage communications with Front Office, regional CFOs, Heads of Commodity Risk, and other key partners, enabling faster, clearer, and more informed decisions.
Deliver insights on market trends, regulatory changes, emerging risks, and scenario analysis to inform decision-making.
Independently challenge and/or support trading decisions, advising on optimal positioning and risk deployment.
Promote a culture of risk awareness, accountability, and continuous improvement.
Recommend adjustments to optimise risk-reward profiles and handle liquidity constraints.
Lead the development and execution of market risk models, ensuring accuracy and relevance across portfolios.
Ensure consistency across process, systems, and people.
Ensure timely and accurate valuation of trading exposures and delivery of high-quality risk reporting.
Shape and enforce risk policies, ensuring compliance with global regulatory standards and internal controls.
Drive cross-functional collaboration to identify, assess, and resolve market risk issues, as well as supporting on new market entries and strategic deals.
Champion process standardisation, operational efficiency, and system enhancements in collaboration with Technology and global teams.
Requirements
Previous Market Risk or relevant Front Office/Analytics experience; acquired working either within bp or within the energy trading sector.
Strong critical thinking and project leadership across multi-disciplinary teams.
Deep understanding of physical and financial commodity trading (gas/oil), including derivatives and valuation techniques.
Demonstrated ability to evaluate complex deals and align risk with commercial strategy.
Advanced analytical and financial skills, specifically VaR, stress tests, and liquidity measures.
Excellent communication and interpersonal skills, and able to influence across all levels.
Track record of people leadership, team development and delivering against organisational expectations.
Ability to hold multiple priorities under pressure and drive improvements.
Strong engagement and relationship-building skills across trading, risk, and support functions.
Commitment to excellence, independence, and proactive problem-solving in a dynamic environment.
A strong business /analytical mindset.
Bachelor's degree (or equivalent). MBA, CFA, or a similar advanced degree would be an asset.
Benefits
life and health insurance
medical care package
paid vacation ranging from 120 – 240 hours per year
9 paid holidays per year
2 personal choice holidays
parental leave policy offering up to 8 weeks’ paid leave for childbirth or adoption
annual bonus program
long-term incentive program
generous retirement benefits including a 401k matching program
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