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Position Overview:

The Risk Specialist role is a key position within the Market Risk Group.  This role is responsible for independent risk and financial controls and is accountable for ensuring that trading activities are conducted within a robust control framework.  The Risk Specialist works closely with trading, scheduling, finance, and other support functions and is expected to balance independence and a commercial mindset to enable the trading team to carry out its trading mandate and comply with Aramco Trading Americas (ATA) Risk Policy.

Key Accountabilities:

+ + Deep understanding of Market Risk measures, exposures and profit and loss.  The requisite experience to design and implement risk solutions from first principles without reliance on existing systems

+ Ability to explain business performance from observable market forces and drivers

+ Participate in trading systems design, testing and implementation

+ Strong knowledge of the trading life cycle of a deal from Front, Middle and Back office perspectives

+ Analyze, validate, and publish opening trading positions and exposures

+ Provide accurate, independent, timely and consistent valuation of trading positions and exposures.  Publish daily P&L results and high-quality commentary of key drivers

+ Ensure the integrity of financial accounts is maintained

+ Work with Commercial and Finance to close the books and prepare monthly performance commentary

+ Liaise with commercial personnel and IT to troubleshoot / resolve discrepancies and deliver operational efficiencies and improvements

+ Establish positive and trusting working relationships with front-to-back stakeholders

+ Support process standardization initiatives

+ Record and escalate KRIs and business incidents

+ Build and maintain a set of market prices and curve related to the supported commodity group

Experience and Qualifications Required:

Essential Qualifications:

+ + Minimum of five (15) years’ experience in a commercial trading business with experience related to financial and/or risk control

+ Advanced experience with physical and financial commodity trading activities

+ Advanced knowledge of risk concepts (deals pricing, flat price, time/product spread and basis exposures, P&L attribution analysis, DOA, position limits, etc.)

+ Strong understanding of trading instruments (physical forwards, futures, swaps, options) and data modeling/flows within ETRMs

+ Extensive experience with ETRMs and very proficient with MS Excel

+ Strong analytical, problem solving, and time-management skills with ability to work in a fast-paced, dynamic environment

+ Excellent interpersonal and relationship building skills including the ability to interact with all levels of staff and management

+ Self-motivated individual who functions well both independently and in a team environment

+ Excellent written and verbal communication skills

+ Bachelor's degree from an accredited university

+ Ability to work in an office environment, located in downtown Houston, TX

Preferred Qualifications:

+ + Applied working knowledge of Crude, Fuel Oil, and/or Refined Products markets

+ Previous SAP experience

+ Excellent communication skills

+ Proficiency with DataMart, Tableau or Power BI, and MS PowerPoint

Internal Note:

Grade level is dependent on successful candidates’ experience, qualifications and experience.

NO THIRD-PARTY CANDIDATES ACCEPTED

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