Head of Risk

Job Responsibilities 1

1. Market Risk Management

• Monitor commodity price exposure, volatility, and position limits.
• Assess Value at Risk (VaR), stress testing, and scenario analysis.
• Ensure compliance with approved trading mandates and exposure limits.
• Provide independent oversight of trading positions and hedging strategies.

2. Credit Risk Oversight

• Evaluate counterparty creditworthiness and recommend credit limits.
• Monitor exposure to counterparties and ensure adherence to approved limits.
• Coordinate with Finance on collateral management and guarantees.
• Identify and escalate potential credit risk concerns.

3. Operational & Settlement Risk

• Review trade lifecycle processes to identify operational risk gaps.
• Monitor documentation accuracy, settlement integrity, and reconciliation controls.
• Collaborate with Operations to strengthen internal controls.

4. Risk Reporting & Analytics

• Produce daily exposure, pricing, and P&L statements for the trading team, as well as weekly and monthly risk and P&L reports for senior management.
• Provide analysis on portfolio exposure, profitability risk, and liquidity risk.
• Present risk dashboards and metrics to executive leadership.

5. Hedging & Risk Mitigation

• Evaluate effectiveness of hedging instruments and strategies.
• Support traders in structuring risk-balanced deals.
• Ensure hedging policies are consistently applied.

6. Governance & Compliance

• Ensure alignment with internal risk frameworks and regulatory standards.
• Support internal and external audits related to trading risk.
• Maintain documentation and risk control policies.

7. Strategic Advisory

• Provide risk insights to support expansion into new commodities or markets.
• Advise leadership on risk appetite calibration and capital allocation.
• Contribute to continuous improvement of risk management frameworks.