Market Risk Manager (Oil & Gas) Assistant Manager

Job Summary Support the Head of Risk Management in implementing risk frameworks, monitoring trading book exposures, maintaining VaR models, and providing risk analysis to enable informed decision-making in energy commodities trading. Responsibilities • Implement the company Risk Management Framework by assisting in developing policies, procedures, and methodologies to manage risk effectively • Assess risks and establish appropriate limits for new activities, evaluating gaps in valuation and risk measurement of existing transactions • Review and monitor trading book limits regularly to ensure compliance with trading and control policies aligned with current strategies • Monitor trading books daily by computing, analyzing, and reporting exposures to ensure they remain within approved limits and communicate findings with front and back office teams • Perform monthly closing tasks and analyze profit and loss positions for assigned books, assisting in drafting reports for the Risk Management Committee • Maintain and enhance market risk valuation models, including VaR methodologies, conducting stress testing, scenario analysis, and back-testing to validate risk measurement accuracy • Provide risk analysis and insights on profit and loss sources, key risk exposures, and scenario outcomes to support management and trading teams’ decision-making • Collect and compile daily mark-to-market prices and relevant data for dissemination and upload into the CXL system, performing End-of-Day operations • Apply foundational knowledge of the biofuels market to understand market dynamics, business models, and pricing mechanisms relevant to risk management • Manage the hedging business by reviewing and monitoring hedging strategies, evaluating effectiveness, verifying hedging ratio calculations, reviewing periodic reports, and ensuring compliance inspections Required competencies and certifications • University Degree in a relevant discipline • Minimum 10 years of relevant experience, including at least 5 years in a similar role • High IT literacy to support quantification, measurement, and reporting of trading risks and exposures • Competencies in Energy Commodities Trading Industry understanding, Regulatory Compliance, Market Risk Management, and Quantitative & Analytical Skills at skillful or basic application levels • Excellent communication skills and ability to collaborate with external vendors and internal teams across Trading, Risk Management, Operations, Finance, and IT • Strong business acumen, organizational skills, and interpersonal abilities • Meticulous time management and stress tolerance with proven ability to handle multiple priorities • Proficiency in both English and Mandarin to communicate with stakeholders and prepare or proofread official documents and presentations in both languages