BUNKER JOBS: Maersk Oil Trading is looking for a Risk Management Manager


Maersk oil tradingthe cargo hold arm of the container shipping company AP Moller-Maerskis looking to recruit a new Head of Risk Management in Copenhagen.

The company is looking for candidates with experience in commodity trading and recent practical experience in risk management, it said in a job posting on its website.

The announcement lists the following key tasks for the role:

  • Lead the risk committee for MOT

  • Act as a key control function. Monitor trader positions and tactics and provide feedback where appropriate

  • VaR reports, trading limits, etc.

  • Design and implement stress test scenarios of existing portfolio and potential new transactions

  • Design and maintenance of valuation curves, including independent price verification

  • Analyze complex and structured transactions and the hedging strategies surrounding them, including in-depth model review

  • Ownership of key policies such as risk policy, trading guidelines, etc.

  • Ability to identify and escalate red flags across the portfolio.

  • Ensure a risk control environment suitable for a large publicly traded organization.

  • Ownership of CTRM, including key deliverables around design and maintenance.

  • Manage communication of MOT trading risk and controls to Group Risk.

  • Lead, develop and mentor team members.

For more information, click here.

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