Risk Manager Dubai

Full time at Energetech in UAE

Posted on January 15, 2024

Job details

Our mission at Energetech is to accelerate the global path towards the green transition.

Power to the People Our mission at Energetech is to accelerate the global path towards green transition. We are an energy trading company that brings together the best talent from around the world to reinvent the way energy flows through global markets. Your role As a Risk Manager at Energetech, you will be responsible for assessing, monitoring, and managing risks at both the desk and company levels. You will play a crucial role in our Middle Office team ensuring that our trading strategies are well-informed, optimized, and compliant with regulatory requirements. This position requires expertise in developing and implementing complex risk models tailored to the unique dynamics of energy markets. You will collaborate with cross-functional teams and be instrumental in presenting portfolio risk and performance analyses to the management team. Responsibilities

Position and Exposure Assessment: Assess and monitor trading positions and exposures on both the desk and company levels, ensuring compliance with risk limits and guidelines.
Risk Analysis: Conduct in-depth risk analysis on trading strategies and their benchmarks, utilizing financial and statistical modeling techniques, including Monte Carlo simulations.
Portfolio Risk Presentation: Prepare and present portfolio risk and performance analyses to senior management, providing insights for strategic decision-making.
Curve Validation: Mark and validate end-of-day curves in the risk system to ensure data accuracy and integrity.
Exposure Monitoring: Continuously monitor hedged energy positions and overall exposures, and implement margin calls or other security measures when necessary.
Risk Model Development: Develop and implement complex risk models, including VaR models, stress testing, and scenario analysis, specifically tailored to the dynamics of energy markets.
Stress Testing: Execute stress tests that account for a range of market scenarios, considering both financial and physical energy portfolios.
Market Risk Metrics: Manage and analyze sophisticated market risk metrics unique to energy markets, such as volatility surfaces, correlation matrices, and option greeks.
ETRM System Enhancement: Contribute to the enhancement of the Energy Trading and Risk Management (ETRM) system, reports, policies, and processes.
Collaboration: Collaborate with quantitative analysts, traders, and IT professionals to integrate risk models into trading strategies and systems.

Requirements:

Holding a Master's degree in quantitative finance, mathematics, statistics, engineering, or a related field is required. A relevant professional certification (e.g., CFA, FRM) can be advantageous.
At least5 years of experience in a similar role within the Energy Industry, with a focus on Power and Gas.
Strong knowledge of Short Term & Spot Energy markets and products
Expertise in market risk models, specifically Exchange and OTC margining mechanisms
Proficiency in mathematical and statistical skills is essential to accurately assess energy market risks.
Ability to design and execute stress tests that account for a range of market scenarios affecting both financial and physical energy portfolios.
Knowledge of portfolio optimization techniques to enhance risk-adjusted returns and minimize portfolio risk.
Experience with trading and risk management systems (ETRM) is preferred.
Proficiency in programming languages such as Python and VBA, as well as data visualization tools like PowerBI.

If you are passionate about managing risks in the dynamic world of energy trading, we invite you to apply for this exciting opportunity! Locations Dubai

About Energetech

We operate across borders in an ever-changing market, so we think on our feet. And by using smart technology, we can predict and act on market volatility in a way that responds to our customers’ real-world operations. The strategies and technology we deploy to make the best deals out there are deeply complex. And they require a stellar team, with expertise in a broad range of disciplines. But, what binds us is one very simple purpose: to reinvent the way energy flows through global markets. That’s why our greatest asset is our people. Founded in 2020 Co-workers 40 Dubai

Our mission at Energetech is to accelerate the global path towards the green transition.

#J-18808-Ljbffr

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Hiring company

Energetech

See All Energetech Jobs

Improve your chance to get this job. Do an online course on Risk Management starting now.

Risk Management and Information Security Protection Training Express

AED 69
~~AED 955~~

Duration: Upto 5 Hours

Enrol
Auditing Skills Diploma Knowledge Door

AED 92
~~AED 1,028~~

Duration: Upto 1 Hour

Enrol

See all courses

See All Risk Jobs

Risk Manager Dubai

Job details

Our mission at Energetech is to accelerate the global path towards the green transition.

About Energetech

Our mission at Energetech is to accelerate the global path towards the green transition.

Apply safely

Hiring company

Energetech

Operations & Maintenance Manager

Flange Management Inspector

Package Manager

Senior Contracts Manager

Deputy Contracts Manager

Senior Risk Reliability Maintenance (Mechanical)

Senior Risk Reliability Maintenance (Electrical)

Senior Commercial Operations Manager

MPD Geozone Engineering Manager

Product Line Quality Leader - Managed Pressure Drilling (MPD)

Order Management Supervisor

Sales Manager for Well Completions

Procurement Manager

Warehouse / Stores Manager

Project Manager

Hook Up Manager - Brownfield Projects in FPSO

Hook Up Manager - Brownfield Projects in FPSO

Jobs

Courses

Location

Follow us

Home UAE Risk Manager Dubai

Home UAE Risk Manager Dubai

Risk Manager Dubai

Job details

Our mission at Energetech is to accelerate the global path towards the green transition.

About Energetech

Our mission at Energetech is to accelerate the global path towards the green transition.

Apply safely

Hiring company

Energetech

Similiar Jobs that might interest you

Operations & Maintenance Manager

Flange Management Inspector

Package Manager

Senior Contracts Manager

Deputy Contracts Manager

Senior Risk Reliability Maintenance (Mechanical)

Senior Risk Reliability Maintenance (Electrical)

Senior Commercial Operations Manager

MPD Geozone Engineering Manager

Product Line Quality Leader - Managed Pressure Drilling (MPD)

Order Management Supervisor

Sales Manager for Well Completions

Procurement Manager

Warehouse / Stores Manager

Project Manager

Hook Up Manager - Brownfield Projects in FPSO

Hook Up Manager - Brownfield Projects in FPSO

Why are you reporting this job?

Laimoon Job Alert fresh jobs directly from websites*

Jobs

Courses

Location

Follow us