Energy Risk Specialist

2 semanas atrás


Portugal Galp Tempo inteiro

Galp is a leading energy company that has been adapting to changing market conditions. As a forward-thinking organization, we prioritize professional development and foster a collaborative work environment.


About the Role

The Commodity Risk Manager position plays a crucial role in our Energy Management business unit, which encompasses oil, biofuels, natural gas, electricity, and environmental products. This individual will be responsible for analyzing market trends, managing risk, and developing effective risk indicators and limits.


Key Responsibilities

  • Risk Management: Identify, manage, and advise commodity trading desks and origination teams on markets, operational, and control opportunities and risks.
  • Portfolio Risk Assessment: Assist in identifying significant risks within the trading portfolio and ensure transparency to senior management.
  • Risk Policy Development: Build, update, and maintain an overall risk management model and policy.
  • Risk Monitoring: Monitor and report risk management limits.
  • New Business Proposal Review: Provide independent analysis, review, and guidance on New Business Proposals.
  • VaR Back-Testing and Stress Testing: Perform VaR back-testing, key variables stress testing, and scenario analysis.

Requirements

  • Relevant Experience: Relevant experience in a Product Control/Market Risk/Middle Office/Risk management environment in a commodity trading company.
  • Certification: GARP certification - FRM (preferential).
  • Academic Credentials: Strong academic credentials with a numeracy-oriented specialization, preferably Finance or quantitative discipline.
  • Risk Metrics Knowledge: Advanced knowledge of risk metrics and market data analytics.
  • Commodity Markets Understanding: Understanding of the commodity markets, exchanges, and front to back business processes, policies, procedures, and controls.
  • ETRM Systems Knowledge: Knowledge of ETRM systems (preferential).
  • Communication Skills: Good judgment to provide advice, question discrepancies, and escalate issues.
  • Scientific Mindset: Scientific mindset: identify, investigate, analyze, research, and discuss.
  • Interpersonal Skills: Good communication and interpersonal skills.

We offer a competitive salary of approximately $120,000 per annum, commensurate with experience. If you are a motivated and analytical individual with a passion for commodity risk management, please consider this exciting opportunity to join our team at Galp.



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