Commodity and Risk Analysis Manager

1 week ago


Konak, Turkey Randstad Türkiye Full time

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:

  1. Monitoring and risk assessing the commodity trading activities, conducting regular reviews of existing risk management policies and procedures of the company.
  2. Reporting credit risk exposure as well as independently reviewing the appropriateness and accuracy of commodity price forecasts, business models, and business assumptions.
  3. Maintaining independent proxy market curves for all commodities for use in mark to market and profitability calculations.
  4. Responsible for hedging in order to reduce or eliminate the company exposure to fluctuating oil prices by using all hedging tools.
  5. Determining risk systems and other business systems that impact on risk and providing market risk analysis to trading, management, and the risk committee.
  6. Actively participating in risk and other business project requirements, providing advice on the management of risk, market conventions, or other documentation issues.
  7. Managing the onboarding and perpetual KYC process for all flagged counterparties within the portfolio.
  8. Responsible for ongoing credit limit decisions (new limits/reviews) for your portfolio, within the limits of authority.
  9. Monitoring and reporting on the credit risk within your portfolio to ensure that it is within approved limits and complies with policies.
  10. Commenting regularly on overdue accounts within the company's portfolio and deciding on an actionable plan to recover.
  11. Conducting due diligence visits to counterparties if needed and developing and managing relationships with key counterparties.

Qualifications:

  1. Bachelor or Master degree in related departments.
  2. Min 3 - 5 years of work experience in a similar capacity within the industry.
  3. Work experience in management roles.
  4. Fluent in English.
  5. Proficient in MS Office.
  6. Excellent communication skills.
  7. Enthusiastic, resilient, and inventive.
  8. Result-oriented with strong planning and organization skills.
  9. Residence in İzmir is required.
  10. No military obligation for male candidates.
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