An oil proprietary trading firm are searching for a Trading Risk Manager to join the team in Dubai, specializing in the trading of oil and oil derivatives. Our dynamic and innovative team is at the forefront of the energy markets, delivering exceptional trading strategies and results.
Role Overview:
As a Risk Manager, you will be responsible for overseeing the trading risk management process, ensuring that all trading activities are conducted within the firm's risk appetite and regulatory guidelines. You will work closely with traders, analysts, and senior management to identify, assess, and manage trading risks, while also developing and implementing risk management strategies.
Key Responsibilities:
- Monitor daily trading activities and ensure they comply with the firm's risk management policies.
- Identify, assess, and report on trading risks, providing insights and recommendations to mitigate these risks.
- Develop and implement effective risk management strategies and controls.
- Work closely with traders to understand trading strategies and associated risks.
- Prepare regular risk reports for senior management, highlighting key risk exposures and mitigation actions.
- Stay updated with market trends, regulatory changes, and industry best practices related to trading risk management.
- Conduct stress testing and scenario analysis to evaluate the potential impact of adverse market conditions on the firm's trading positions.
Qualifications and Skills:
- Bachelor's degree in Finance, Economics, Business, or a related field.
- Proven experience in a trading risk manager role, preferably within commodities/oil/energy.
- Strong understanding of oil markets and trading strategies.
- Excellent analytical and problem-solving skills.
- Ability to work under pressure and make quick, informed decisions.
- Strong communication skills and the ability to present complex information clearly.
- Proficiency in risk management software and tools.
