Head of Risk

Grow your career with us

You are on a journey to join an exciting Company and be part of our success story to improve lives by developing resources sustainably. Here we offer you an exciting and dynamic work environment and will equip you with the know-how that will stretch and enhance your career journey.

Responsibilities:

Head of Risk

We are seeking a dynamic professional to join our team as the Head of Risk. The ideal candidate must bring a proven track record of successfully leading a team in the realm of Commodities, with a focus on risk modeling and machine learning forecast scenarios. The role involves comprehensive oversight of risk across all Commodity and FX exposure, integrating factors such as volatility, correlation, and mean reversion to ensure a robust risk management strategy.

Furthermore, the candidate will play a pivotal role in building out physical derivative pricing tools and developing sophisticated algorithms to stay ahead in the competitive landscape.

Key Responsibilities

• Lead and manage all commercial and market risks for the group’s palm oil processing, trading and distribution businesses.
• Strengthen and manage the trading & market risk control interface with the traders and related functions including execution, middle office, and operations; including the risk limits and monitor the actual positions/Var/PL against limits.
• Oversee the daily reporting of P&L, including business analysis and commentaries on the P&L drivers.
• Strengthen processes relating to daily P&L preparation to monitor business performance and ensure its accuracy.
• Carry out credit control.
• Coordinate overall Bank Facilities and their utilization in Palm Business, FX Risk Management and IRS.
• Manage/control the price, forex, credit and counterparty risks through business processes and monitoring mechanisms.
• Improve and implement risk management processes including system implementation and ensure controls are in place for check and balance.
• Be part of the team to implement the CTRM system.

Job Requirements:

• At least 15 years' regional strategic financial management experience from similar or Agri/commodities companies.
• Business Partnering skills and a good team player.
• Commercially oriented with high energy, a ‘can-do’ attitude and hands-on.
• Possess business acumen and strong commercial sense.
• Experience in managing and developing policies for risk related to price, forex, trading, counterparty and credit.
• Driven, sharp, result-oriented with strong understanding of business (operations and trading) and key drivers.
• Degree in Accounting and professional accounting qualification. ACCA, CIMA, ICAEW and/or CPA will be an added advantage.

Disclaimer:

When you send us your resume and personal details, it is deemed you have provided your consent to us retaining your information in our talent recruitment database. All information provided will only be used for the recruitment process. RGE will only collect, use, process or disclose personal information where and when allowed to under applicable laws.

Only shortlisted candidates will be contacted for an interview. We endeavour to respond to every applicant. However, if you do not receive a response from us within 60 days, please consider your application for this position unsuccessful. We may contact you in the future for any opportunities that match your qualifications and experience.

Thank you for considering a career with RGE.