Commodity and Risk Analysis Manager
1 week ago
We are looking for a Commodity and Risk Analysis Manager to be based in İzmir for the group of companies we provide consultancy services to.
Responsibilities:
- Monitoring and risk assessing the commodity trading activities, conducting regular reviews of existing risk management policies and procedures of the company.
- Reporting credit risk exposure as well as independently reviewing the appropriateness and accuracy of commodity price forecasts, business models, and business assumptions.
- Maintaining independent proxy market curves for all commodities for use in mark to market and profitability calculations.
- Responsible for hedging in order to reduce or eliminate the company exposure to fluctuating oil prices by using all hedging tools.
- Determining risk systems and other business systems that impact on risk and providing market risk analysis to trading, management, and the risk committee.
- Actively participating in risk and other business project requirements, providing advice on the management of risk, market conventions, or other documentation issues.
- Managing the onboarding and perpetual KYC process for all flagged counterparties within the portfolio.
- Responsible for ongoing credit limit decisions (new limits/reviews) for your portfolio, within the limits of authority.
- Monitoring and reporting on the credit risk within your portfolio to ensure that it is within approved limits and complies with policies.
- Commenting regularly on overdue accounts within the company's portfolio and deciding on an actionable plan to recover.
- Conducting due diligence visits to counterparties if needed and developing and managing relationships with key counterparties.
Qualifications:
- Bachelor or Master degree in related departments.
- Min 3 - 5 years of work experience in a similar capacity within the industry.
- Work experience in management roles.
- Fluent in English.
- Proficient in MS Office.
- Excellent communication skills.
- Enthusiastic, resilient, and inventive.
- Result-oriented with strong planning and organization skills.
- Residence in İzmir is required.
- No military obligation for male candidates.
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