BKV
Description
JOB SUMMARY The Senior Director Risk Management (Enterprise Risk) will establish and lead BKV's comprehensive risk management framework, ensuring alignment with business objectives and regulatory expectations. Reporting to the Chief Financial Officer, this leader will oversee a small, high-performing team and collaborate across Finance, Operations, Legal, and Strategy.
In the first 12-18 months, success will be measured by the design and implementation of an integrated enterprise risk program, including risk identification, prioritization, and mitigation strategies. This role will also provide critical insights to the executive team and board, enabling proactive decision‑making in a dynamic energy landscape.
The ideal candidate is a strategic thinker and pragmatic problem‑solver who thrives in a dynamic, growth‑oriented environment. They balance rigor with agility, fostering trust across the organization by listening, engaging, and communicating with clarity.
RESPONSIBILITIES Enterprise Risk Framework Development
Develop and execute a comprehensive enterprise risk management framework that strengthens resilience and supports growth
Establish counterparty credit risk appetite and tolerance levels across all business units
Design and implement risk assessment methodologies, including Value at Risk (VaR), Mark to Market (MtM), and stress testing scenarios
Drive adoption of tools and analytics that improve risk visibility, scenario modeling, and reporting
Strategic Leadership & Advisory
Provide strategic insights to senior leadership and the board, highlighting key risks and recommended mitigation strategies
Present comprehensive risk management deliverables to executive management, the Risk Committee, and Audit Committee of the Board of Directors
Act as a trusted advisor to the CFO and executive team on capital allocation, investment decisions, and corporate strategy from a risk‑return perspective
Support front office stakeholders in risk‑based transactions and business development initiatives
Cross‑Functional Collaboration
Partner cross‑functionally with Finance, Operations, Legal, and Strategy to embed risk awareness into decision‑making and day‑to‑day processes
Provide analytical support to oil, natural gas, and NGL sales and marketing teams by assessing credit and market risks
Collaborate with procurement, marketing, and maritime teams on counterparty risk assessments
Champion a proactive risk culture, ensuring leaders at all levels understand and act on critical exposures
Risk Categories & Specialized Expertise
Evaluate and monitor financial, operational, and strategic risks, ensuring mitigation plans are in place and effective
Manage commodity price risk hedging programs and derivative positions
Oversee credit risk management, including counterparty assessments, contract negotiations, and collateral management
Administer trade finance processes and treasury functions related to trading operations
Manage supply chain portfolio risks using financial and market‑based metrics, including probability of default analysis
Advise on emerging risks, including ESG, cybersecurity, geopolitical, and market volatility, and recommend forward‑looking strategies
Team Leadership & Development
Lead and mentor a risk management team, fostering a culture of accountability, collaboration, and continuous improvement
Direct global risk professionals responsible for identifying and mitigating third‑party risks
Supervise middle office operations, including trade capture, reporting, and position analysis
Enhance compliance with regulatory requirements while maintaining a pragmatic, business‑enabling approach
Technology & Process Enhancement
Oversee implementation of ETRM (Energy Trading & Risk Management) systems and databases
Lead implementation of collateral management platforms and credit facilities with financial institutions
Maintain adherence to Cash Flow and Fair Value Hedge Accounting guidelines
Ensure end‑to‑end transaction accuracy from initial entry through settlement via stringent operational controls
REQUIRED SKILLS Industry & Technical Expertise
Extensive experience in energy sector risk management, including oil, natural gas, NGL, and LNG markets
Deep knowledge of OTC derivatives, margining, and credit agreement negotiations
Proven expertise in commodity trading, risk management, and natural gas marketing
Proven success in designing and leading enterprise risk management programs
Track record of leveraging data analytics in risk decision‑making
Experience with regulatory frameworks, including Dodd‑Frank and SOX compliance
Leadership & Management
Advanced leadership and management skills include achieving results through influence, guiding performance and development, and fostering a motivating and inclusive workplace
Demonstrated success managing global teams of 25+ risk professionals
Experience of serving on corporate boards and presenting to board‑level committees.
Ability to thrive in a dynamic, fast‑paced environment
Analytical & Technical Skills
Advanced proficiency in stress testing, scenario analysis, and valuation methods
Experience with portfolio management and quantitative / qualitative risk assessments
Advanced proficiency in Microsoft Office and job‑related applications
Knowledge of credit default swaps and other credit risk mitigation instruments
Communication & Collaboration
Expert interpersonal, collaboration and communication skills
Proven ability to support business development and maintain extensive industry connections
Advanced attention to detail, organization and prioritization
Expert cognitive, decision‑making and problem‑solving skills
Growth mindset with an expert ability to innovate, embrace change and have grit
EDUCATION & EXPERIENCE Required Education
Bachelor's degree required in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field
MBA or Master's in Finance preferred
Professional certifications such as CFA, FRM, CPA, or CIA are considered valuable
IECA (International Energy Credit Association) membership preferred
Experience Requirements
12+ years of experience in the energy sector risk management, with demonstrated progression from analyst to senior leadership roles
At least 5 years in a senior leadership capacity, managing risk teams and programs
Proven track record in credit risk, market risk, operational risk, and compliance risk management
Experience with capital markets transactions and risk management within the energy or natural gas industry
Background in both upstream and midstream energy operations preferred
PHYSICAL DEMANDS / WORKING CONDITIONS
This position is in Denver, CO at BKV Headquarters.
Travel up to 20% may be required
An indoor working environment that requires the ability to perform repetitive motions and operate standard office equipment
SALARY RANGE
$146,000 to $270,000
BKV Corporation is a dynamic, values‑driven company with expertise in upstream and midstream unconventional oil and gas investments and production. We believe our focus on visionary strategy, efficient execution, and high‑performing teams is key to creating long‑term sustainable value and growth.
BKV Corporation is an equal opportunity employer. We value diversity and base all employment decisions on qualifications, merit, and business need.
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JOB SUMMARY The Senior Director Risk Management (Enterprise Risk) will establish and lead BKV's comprehensive risk management framework, ensuring alignment with business objectives and regulatory expectations. Reporting to the Chief Financial Officer, this leader will oversee a small, high-performing team and collaborate across Finance, Operations, Legal, and Strategy.
In the first 12-18 months, success will be measured by the design and implementation of an integrated enterprise risk program, including risk identification, prioritization, and mitigation strategies. This role will also provide critical insights to the executive team and board, enabling proactive decision‑making in a dynamic energy landscape.
The ideal candidate is a strategic thinker and pragmatic problem‑solver who thrives in a dynamic, growth‑oriented environment. They balance rigor with agility, fostering trust across the organization by listening, engaging, and communicating with clarity.
RESPONSIBILITIES Enterprise Risk Framework Development
Develop and execute a comprehensive enterprise risk management framework that strengthens resilience and supports growth
Establish counterparty credit risk appetite and tolerance levels across all business units
Design and implement risk assessment methodologies, including Value at Risk (VaR), Mark to Market (MtM), and stress testing scenarios
Drive adoption of tools and analytics that improve risk visibility, scenario modeling, and reporting
Strategic Leadership & Advisory
Provide strategic insights to senior leadership and the board, highlighting key risks and recommended mitigation strategies
Present comprehensive risk management deliverables to executive management, the Risk Committee, and Audit Committee of the Board of Directors
Act as a trusted advisor to the CFO and executive team on capital allocation, investment decisions, and corporate strategy from a risk‑return perspective
Support front office stakeholders in risk‑based transactions and business development initiatives
Cross‑Functional Collaboration
Partner cross‑functionally with Finance, Operations, Legal, and Strategy to embed risk awareness into decision‑making and day‑to‑day processes
Provide analytical support to oil, natural gas, and NGL sales and marketing teams by assessing credit and market risks
Collaborate with procurement, marketing, and maritime teams on counterparty risk assessments
Champion a proactive risk culture, ensuring leaders at all levels understand and act on critical exposures
Risk Categories & Specialized Expertise
Evaluate and monitor financial, operational, and strategic risks, ensuring mitigation plans are in place and effective
Manage commodity price risk hedging programs and derivative positions
Oversee credit risk management, including counterparty assessments, contract negotiations, and collateral management
Administer trade finance processes and treasury functions related to trading operations
Manage supply chain portfolio risks using financial and market‑based metrics, including probability of default analysis
Advise on emerging risks, including ESG, cybersecurity, geopolitical, and market volatility, and recommend forward‑looking strategies
Team Leadership & Development
Lead and mentor a risk management team, fostering a culture of accountability, collaboration, and continuous improvement
Direct global risk professionals responsible for identifying and mitigating third‑party risks
Supervise middle office operations, including trade capture, reporting, and position analysis
Enhance compliance with regulatory requirements while maintaining a pragmatic, business‑enabling approach
Technology & Process Enhancement
Oversee implementation of ETRM (Energy Trading & Risk Management) systems and databases
Lead implementation of collateral management platforms and credit facilities with financial institutions
Maintain adherence to Cash Flow and Fair Value Hedge Accounting guidelines
Ensure end‑to‑end transaction accuracy from initial entry through settlement via stringent operational controls
REQUIRED SKILLS Industry & Technical Expertise
Extensive experience in energy sector risk management, including oil, natural gas, NGL, and LNG markets
Deep knowledge of OTC derivatives, margining, and credit agreement negotiations
Proven expertise in commodity trading, risk management, and natural gas marketing
Proven success in designing and leading enterprise risk management programs
Track record of leveraging data analytics in risk decision‑making
Experience with regulatory frameworks, including Dodd‑Frank and SOX compliance
Leadership & Management
Advanced leadership and management skills include achieving results through influence, guiding performance and development, and fostering a motivating and inclusive workplace
Demonstrated success managing global teams of 25+ risk professionals
Experience of serving on corporate boards and presenting to board‑level committees.
Ability to thrive in a dynamic, fast‑paced environment
Analytical & Technical Skills
Advanced proficiency in stress testing, scenario analysis, and valuation methods
Experience with portfolio management and quantitative / qualitative risk assessments
Advanced proficiency in Microsoft Office and job‑related applications
Knowledge of credit default swaps and other credit risk mitigation instruments
Communication & Collaboration
Expert interpersonal, collaboration and communication skills
Proven ability to support business development and maintain extensive industry connections
Advanced attention to detail, organization and prioritization
Expert cognitive, decision‑making and problem‑solving skills
Growth mindset with an expert ability to innovate, embrace change and have grit
EDUCATION & EXPERIENCE Required Education
Bachelor's degree required in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field
MBA or Master's in Finance preferred
Professional certifications such as CFA, FRM, CPA, or CIA are considered valuable
IECA (International Energy Credit Association) membership preferred
Experience Requirements
12+ years of experience in the energy sector risk management, with demonstrated progression from analyst to senior leadership roles
At least 5 years in a senior leadership capacity, managing risk teams and programs
Proven track record in credit risk, market risk, operational risk, and compliance risk management
Experience with capital markets transactions and risk management within the energy or natural gas industry
Background in both upstream and midstream energy operations preferred
PHYSICAL DEMANDS / WORKING CONDITIONS
This position is in Denver, CO at BKV Headquarters.
Travel up to 20% may be required
An indoor working environment that requires the ability to perform repetitive motions and operate standard office equipment
SALARY RANGE
$146,000 to $270,000
BKV Corporation is a dynamic, values‑driven company with expertise in upstream and midstream unconventional oil and gas investments and production. We believe our focus on visionary strategy, efficient execution, and high‑performing teams is key to creating long‑term sustainable value and growth.
BKV Corporation is an equal opportunity employer. We value diversity and base all employment decisions on qualifications, merit, and business need.
#J-18808-Ljbffr