Senior Manager, Group Risk
Posted Updated
Description
<p style="margin-bottom:1rem;"><span style="margin:0px;font-size:16px;"><span lang="en-us" xml:lang="en-us" style="font-family:Arial, sans-serif;margin:0px;font-size:9pt;line-height:12.84px;"><span style="font-family:Roboto;margin:0px;font-size:14px;"><font color="#000000"><span style="font-family:DarwinSans;"><span style="font-family:DarwinSans;font-weight:bolder;font-size:14px;">About Sembcorp</span></span><br style="font-family:DarwinSans, 'Noto Sans Variable';" /></font></span></span></span></p><p style="margin-bottom:1rem;"><font color="#000000"><span lang="en-us" xml:lang="en-us" style="font-family:DarwinSans;margin:0px;line-height:14.98px;font-size:14px;">Sembcorp is a leading energy </span><span lang="en-us" xml:lang="en-us" style="font-family:DarwinSans;margin:0px;line-height:14.98px;font-size:14px;">and urban </span><span lang="en-us" xml:lang="en-us" style="font-family:DarwinSans;margin:0px;line-height:14.98px;font-size:14px;">solutions provider headquartered in Singapore. Led by its purpose to drive energy transition</span><span lang="en-us" xml:lang="en-us" style="font-family:DarwinSans;margin:0px;line-height:14.98px;font-size:14px;">, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.</span></font></p><p class="MsoNormal"><span style="font-family:Arial, sans-serif;"><font color="#000000"><b><span style="font-family:DarwinSans;font-size:14px;">Purpose and Scope</span></b></font></span></p><p></p><p class="pf0"><span class="cf0">This position is an individual contributor responsible for providing independent second-line (L2) risk oversight across the Group, with a focus on commodity, merchant and credit risks arising from energy, utilities and related businesses. The role is responsible for establishing risk governance frameworks, ensuring risks remain within approved risk appetite, challenging business assumptions and exposures, reviewing the effectiveness of first-line controls, and providing risk transparency to enterprise & board risk committees. The role is not responsible for executing trades, managing positions, performing daily risk reporting, or operating middle office processes; these responsibilities remain with the first line (L1) business unit. Depending on the candidate’s qualifications, experience and demonstrated capabilities, the successful candidate may be appointed at either Senior Manager or AVP level. This position reports to Deputy Head, Group Risk.</span></p><p class="pf0"></p><p class="pf0"><span class="cf0"><b>Key Roles and Responsibilities</b></span></p><ul><li>Develop and maintain commodity and merchant risk policies, risk appetite and governance frameworks.</li><li>Review and recommend risk limits, metrics & escalation thresholds.</li><li>Review policy change requests, material breaches, exceptions and incidents from L1, and recommend improvements where required.</li><li><span class="cf0">Conduct independent scenario analysis & stress testing (</span><span class="cf0">eg</span><span class="cf0">: </span><span class="cf0">GMaR</span><span class="cf0">) to assess </span>potential impacts to the Group's commodity and merchant risk exposures.</li><li>Conduct periodic L2 reviews of business unit risk management practices and control effectiveness.</li><li>Review commodity, merchant & credit risk exposure arising from new major commercial or investment transactions.</li><li>Analyse Group-wide risk exposures, concentrations and key risk drivers, considers emerging trends, provide risk insights & alternate views to support management decision making.</li><li><span class="cf0">Prepare commodity & merchant risk reports for senior management & risk committees </span></li><li><span class="cf0">Oversee implementation and closure of commodity and merchant risk-related remediation actions arising from reviews, incidents, audits and policy exceptions. </span></li></ul><p class="pf0"><span class="cf0"><b>Qualifications & Experience</b></span></p><ul><li>Degree in Finance, Accounting, Engineering, Business or related discipline.</li><li>Professional qualifications such as FRM, PRM, CFA is advantageous. </li><li>At least 10 years of experience in energy risk or related discipline. </li><li>Candidates with experience in commodity & merchant risk & risk modelling preferred.</li><li>Experience conducting risk reviews, assurance reviews, controls assessments or governance reviews.</li><li>Strong understanding of enterprise risk management frameworks and three-lines-of-defence principles.</li></ul><p class="pf0"><span class="cf0">Risk Management</span></p><ul><li><span class="cf0">Enterprise Risk Management</span></li><li><span class="cf0">Commodity & Merchant Risk Management</span></li><li><span class="cf0">Risk Appetite & Limits · Risk Assurance & Control Assessment</span></li><li><span class="cf0">Emerging Risk Assessment</span></li></ul><p>Commercial & Financial</p><ul><li><span class="cf0">Energy Market Fundamentals</span></li><li><span class="cf0">Commercial Acumen</span></li><li><span class="cf0">Investment Evaluation</span></li><li><span class="cf0">Portfolio Risk Analysis</span></li><li><span class="cf0">Counterparty & Credit Risk </span></li></ul><p><span class="cf0">Data & Analytics</span></p><ul><li><span class="cf0">Risk Analytics</span></li><li><span class="cf0">Stress Testing & Scenario Analysis</span></li><li><span class="cf0">Data Interpretation</span></li><li><span class="cf0">Risk Reporting & Dashboarding </span></li></ul><p><span class="cf0">Success Measures</span></p><ul><li><span class="cf0">Effective oversight of commodity and merchant risks across the Group.</span></li><li><span class="cf0">Timely identification and escalation of material risk issues ·</span></li><li><span class="cf0">Risk governance frameworks remain fit-for-purpose and aligned with business strategy.</span></li><li><span class="cf0">Clear and insightful risk reporting to management and Board committees.</span></li></ul><p class="MsoNormal" style="margin:0px;font-size:16px;"><span style="margin:0px;"><span style="font-family:Arial, sans-serif;margin:0px;font-size:9pt;line-height:12.84px;"><font color="#000000" style="font-family:DarwinSans, 'Noto Sans Variable';margin:0px;"><span style="font-family:DarwinSans;margin:0px;font-size:14px;"><span style="font-family:DarwinSans;font-weight:bolder;font-size:14px;">Our Culture at Sembcorp</span></span></font></span></span></p><p class="MsoNormal" style="margin:0px;font-size:16px;"><span style="font-family:Arial, sans-serif;margin:0px;font-size:9pt;line-height:12.84px;"><font color="#000000" style="font-family:DarwinSans, 'Noto Sans Variable';margin:0px;"><span style="font-family:DarwinSans;margin:0px;font-size:14px;">At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition.</span></font></span></p><p class="MsoNormal" style="margin:0px;font-size:16px;"><span style="font-family:Arial, sans-serif;margin:0px;font-size:9pt;line-height:12.84px;"><font color="#000000" style="font-family:DarwinSans, 'Noto Sans Variable';margin:0px;"><span style="font-family:DarwinSans;margin:0px;font-size:14px;"><br /></span></font></span></p><p class="MsoNormal" style="margin:0px;font-size:16px;"><span style="font-family:Arial, sans-serif;margin:0px;font-size:9pt;line-height:12.84px;"><font color="#000000" style="font-family:DarwinSans, 'Noto Sans Variable';margin:0px;"><span style="font-family:DarwinSans;margin:0px;font-size:14px;">We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.</span></font></span></p><p style="margin-bottom:1rem;"><font color="#000000"></font></p><p style="margin:0px;font-size:16px;"><font color="#000000" style="margin:0px;"><span lang="en-us" xml:lang="en-us" style="font-family:DarwinSans;margin:0px;font-size:14px;line-height:14.98px;">Join us in making a real impact!</span></font></p>
