Sr Risk Manager - Refined Products
Our client is seeking a seasoned Risk Manager to oversee and build out the risk function for their Supply & Trading desk. This role will focus on managing daily risk processes, P&L and MTM reporting, position analysis, and providing insight to traders, accounting, and leadership. The ideal candidate will have experience in crude and refined products trading, a strong understanding of hedging and risk metrics, and the ability to implement controls while building a high-performing risk function.Key Responsibilities:Manage day-to-day risk operations for the Supply & Trading desk, including monitoring positions, P&L, MTM, and risk metrics.Serve as a primary point of contact for traders, accounting, and leadership on risk-related inquiries.Build and refine risk reporting processes, including leveraging system-generated reports and implementing enhancements where needed.Strategize on positions and risk impact, providing actionable insights and recommendations.Implement controls and risk management frameworks to ensure compliance and operational soundness.Collaborate with leadership to define and expand the risk function, including potential coverage of additional products such as natural gas.Continuously assess processes and systems (Allegro-based) to optimize reporting, analysis, and risk visibility.Support the future development of a risk team as the desk grows.Required Experience / Skills:Proven experience in risk management within crude and refined products trading.Strong understanding of hedging, trading positions, and risk metrics.Hands-on experience with P&L, MTM, and risk reporting.Ability to implement operational controls and process improvements.Excellent communication and collaboration skills; able to interact effectively with traders, leadership, and cross-functional teams.Self-starter capable of executing independently and “hitting the ground running.”Familiarity with Allegro ETRM or similar trading/risk platforms preferred.Comfortable building processes and defining best practices in a growing trading organization.Preferred Qualifications:Experience overseeing or building a risk desk or team.Exposure to multiple commodity classes (crude, refined products, natural gas).Strong analytical and problem-solving skills, with attention to detail.Familiarity with trading systems and reporting automation.