Sr Risk Manager - Refined Products

Our client is seeking a seasoned Risk Manager to oversee and build out the risk function for their Supply & Trading desk. This role will focus on managing daily risk processes, P&L and MTM reporting, position analysis, and providing insight to traders, accounting, and leadership. The ideal candidate will have experience in crude and refined products trading, a strong understanding of hedging and risk metrics, and the ability to implement controls while building a high-performing risk function.

Key Responsibilities:

• Manage day-to-day risk operations for the Supply & Trading desk, including monitoring positions, P&L, MTM, and risk metrics.
• Serve as a primary point of contact for traders, accounting, and leadership on risk-related inquiries.
• Build and refine risk reporting processes, including leveraging system-generated reports and implementing enhancements where needed.
• Strategize on positions and risk impact, providing actionable insights and recommendations.
• Implement controls and risk management frameworks to ensure compliance and operational soundness.
• Collaborate with leadership to define and expand the risk function, including potential coverage of additional products such as natural gas.
• Continuously assess processes and systems (Allegro-based) to optimize reporting, analysis, and risk visibility.
• Support the future development of a risk team as the desk grows.
  
  

Required Experience / Skills:

• Proven experience in risk management within crude and refined products trading.
• Strong understanding of hedging, trading positions, and risk metrics.
• Hands-on experience with P&L, MTM, and risk reporting.
• Ability to implement operational controls and process improvements.
• Excellent communication and collaboration skills; able to interact effectively with traders, leadership, and cross-functional teams.
• Self-starter capable of executing independently and “hitting the ground running.”
• Familiarity with Allegro ETRM or similar trading/risk platforms preferred.
• Comfortable building processes and defining best practices in a growing trading organization.
  
  

Preferred Qualifications:

• Experience overseeing or building a risk desk or team.
• Exposure to multiple commodity classes (crude, refined products, natural gas).
• Strong analytical and problem-solving skills, with attention to detail.
• Familiarity with trading systems and reporting automation.