Derivatives Risk & Middle Office Manager
Our client is a prominent global trading and logistics corporation specializing in energy products, petrochemicals, and maritime fuel solutions.
Key Responsibilities
Risk Control & Position Monitoring
- Monitor daily trading positions, exposure levels, and ensure alignment with established corporate risk limits and hedging strategies.
- Track contract expiries, options exercises/assignments, and oversee rolling mechanisms for commodity futures.
- Establish, maintain, and audit robust internal control frameworks, procedures, and operational checklists to mitigate operational risk.
Margin & Collateral Risk Management
- Oversee Initial Margin (IM), Variation Margin (VM), and collateral requirements across all brokers, clearinghouses, and OTC counterparties.
- Manage margin calls, optimize cash movements, and forecast short-term liquidity/funding requirements arising from derivative positions.
- Escalate potential funding gaps or margin stresses to Treasury and senior management in a timely manner.
Trade Lifecycle & Exception Management
- Supervise the complete derivative trade lifecycle from trade capture, confirmation, through to final settlement.
- Investigate and resolve critical trade breaks, pricing discrepancies, and delivery exceptions by coordinating with brokers and counterparties.
- Ensure accurate and real-time reflection of physical and financial derivative positions in internal ETRM/CTRM systems.
Performance & Exposure Reporting
- Generate daily P&L attribution, market exposure summaries, and management information reports for executive decision-making.
- Support internal and external audit requirements related to derivative valuations and control effectiveness.
Requirements
- Bachelor's degree in Finance, Economics, Accounting, or a business-related discipline.
- 3-5 years of experience in Middle Office, Risk Operations, Trade Support, or Derivatives Operations.
- Solid experience within an energy trading firm, commodity trading house, or financial institution.
- Strong control mindset with hands-on experience in margin management, collateral forecasting, and trade reconciliation.
- Proficiency in Excel (Advanced formulas, VBA preferred); familiarity with commodity trading systems (ETRM) is a strong plus.
- Detail-oriented, highly analytical, with the ability to handle high-pressure environments and solve complex operational breaks independently.
Interested parties, please send the CV to "Apply For Position"/ cv@aral.com.hk.
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