Director, Quantitative Risk

2 days ago Be among the first 25 applicants Direct message the job poster from Dagen Dagen Personnel is recruiting a Director of Quantitative Risk for a downtown LNG company. This is an in-office position. This position will report to the VP, Middle Office and will be located in Houston, TX. This position will play a critical role in setting up the Commodity Risk function within Middle Office. In addition to developing a robust risk program and department, the role will also be responsible for properly communicating and interacting with executive leaders, including the CEO, CFO, and CCO. Responsibilities: Develop and implement quantitative risk models and metrics for trading operations, including but not limited to Value at Risk (VAR), stress testing, Potential Future Exposure (PFE), and Potential Margin Exposure (PMR). Take ownership of risk models, in the ETRM, or other approved tools, including accurate position assessment, data quality checks, and back testing analysis Assess high risk concentration, transactions and monitor limit breaches for reporting to upper management and the Risk Committee. Develop and maintain an active and relevant Risk Policy for the Natural Gas, LNG and related commodity activities for the Company. Monitor financial hedges and risk exposure relative to physical to ensure hedges are for mitigation of price risk. Monitor foreign exchange risk and any related hedges. Coordinate with Front Office, Middle Office, Credit and Accounting to ensure locations are properly mapped to the appropriate market valuation. Perform back testing for those locations that are less liquid and mapped to a trader derived or alternative curve to ensure reasonableness. Develop and maintain Risk Committee reports and periodic Management reports on risk exposure. Coordinate and communicate with Internal and External Auditors as needed and maintain proper documentation for SOX controls. Provide feedback on ETRM system enhancements to provide efficiencies in daily tasks and ensure quality of data. Qualifications: Bachelor degree or higher in finance, marketing, economics, engineering, mathematics, computer science or related field. 10+ years experience in a natural gas or energy company, preferably in a Middle Office or Risk role. Proficient with in ETRM systems with a strong understanding of deal capture, mark-to-market valuation, and risk configuration and reporting functions. Strong understanding of Natural Gas transaction flow and transportation costs. Knowledge of risks associated with LNG transactions, vessel transport and foreign exchange markets is a plus. Self-starter with ability to track tasks and follow up with team on status and roadblocks Excellent written and verbal communication skills Advanced excel knowledge and data analysis skills. Tableau/Power BI knowledge is required. Knowledge of SQL and/or Python a plus. Strong quantitative and analytical skills Experience with BI reporting Ability to take on new projects in our commodity business and work cross functionally to build out the process and system requirements. Ability to gather and organize data from systems and create custom structured reports in excel as needed for business requirements. Seniority level

Seniority level Director Employment type

Employment type Full-time Job function

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