Derivatives Risk & Middle Office Manager

Our client is a prominent global trading and logistics corporation specializing in energy products, petrochemicals, and maritime fuel solutions.

Key Responsibilities

Risk Control & Position Monitoring

• Monitor daily trading positions, exposure levels, and ensure alignment with established corporate risk limits and hedging strategies.
• Track contract expiries, options exercises/assignments, and oversee rolling mechanisms for commodity futures.
• Establish, maintain, and audit robust internal control frameworks, procedures, and operational checklists to mitigate operational risk.

Margin & Collateral Risk Management

• Oversee Initial Margin (IM), Variation Margin (VM), and collateral requirements across all brokers, clearinghouses, and OTC counterparties.
• Manage margin calls, optimize cash movements, and forecast short-term liquidity/funding requirements arising from derivative positions.
• Escalate potential funding gaps or margin stresses to Treasury and senior management in a timely manner.

Trade Lifecycle & Exception Management

• Supervise the complete derivative trade lifecycle from trade capture, confirmation, through to final settlement.
• Investigate and resolve critical trade breaks, pricing discrepancies, and delivery exceptions by coordinating with brokers and counterparties.
• Ensure accurate and real-time reflection of physical and financial derivative positions in internal ETRM/CTRM systems.

Performance & Exposure Reporting

• Generate daily P&L attribution, market exposure summaries, and management information reports for executive decision-making.
• Support internal and external audit requirements related to derivative valuations and control effectiveness.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or a business-related discipline.
• 3-5 years of experience in Middle Office, Risk Operations, Trade Support, or Derivatives Operations.
• Solid experience within an energy trading firm, commodity trading house, or financial institution.
• Strong control mindset with hands-on experience in margin management, collateral forecasting, and trade reconciliation.
• Proficiency in Excel (Advanced formulas, VBA preferred); familiarity with commodity trading systems (ETRM) is a strong plus.
• Detail-oriented, highly analytical, with the ability to handle high-pressure environments and solve complex operational breaks independently.

Interested parties, please send the CV to "Apply For Position"/ cv@aral.com.hk.

***Personal data collected will be used for recruitment purposes only***

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