Job Title:
Risk Officer - Derivatives
Contract Type:
Time Type:
Job Description:
The Risk Officer will join Centalion's Risk team in Geneva, reporting to the Risk Manager – Derivatives.
The role focuses on monitoring and analysing market risk exposures across commodity trading activities, delivering accurate risk reporting and developing analytical tools to support effective risk management and informed decision-making.
Main Responsabilities
- Analyze, model, and report market risk across all trading activities, including financial transactions.
- Monitor mark-to-market valuations, Greeks, risk positions, basis changes, curves and volatilities and P/L results on a daily basis.
- Develop and maintain risk reporting and analytical tools to communicate positions, P&L, and market risk exposures to traders and management.
- Perform deal checks, price validations, curve updates, and data reconciliations to ensure accurate and timely trade capture.
- Monitor trading limits, risk policies, and compliance requirements to ensure transaction integrity and adherence to internal controls.
- Analyze commodity exposures, forward price movements, and key risk drivers to support trading decisions.
- Maintain, enhance, and validate risk models, testing calculations, reviewing assumptions, and recommending improvements to valuation and risk methodologies.
- Collaborate closely with traders to quantify, monitor, and explain portfolio risks and P&L movements.
- Coordinate with Front Office, Operations, Trade Support, Finance, and IT to ensure accurate data, consistent assumptions, and efficient processes.
- Contribute to trading results and position reporting for senior management, including monthly accounting reconciliation of trading results.
- Prepare regular and ad hoc risk reports and analyses for internal stakeholders and the Management Board.
- Work closely with Back Office, Finance, Credit, Legal, Compliance, and Business Unit Control to ensure effective risk controls, operational efficiency, and policy compliance.
- Partner with Compliance to ensure regulatory and internal requirements are met.
- Identify and implement process improvements, including system testing, enhancements, and desk-level operational efficiencies.
- Identify operational risks, propose mitigation measures, and prioritize corrective actions.
- Support month-end and year-end reconciliations with Finance and external auditors.
- Provide backup and support to Risk Officers covering other trading desks when required.
Profile
- University degree, preferably at Master's level, in Mathematics, Statistics, Engineering, Economics, Quantitative Finance, Computer Science or a related discipline.
- Minimum 3 years of relevant experience in market risk management within commodity trading, ideally gained at a trading house, energy company, investment bank or hedge fund.
- Solid understanding of commodity markets, trading instruments, market risk methodologies and valuation models.
- Strong quantitative and analytical skills, with the ability to interpret complex data and identify key risk drivers.
- Advanced proficiency in Microsoft Excel and Python; knowledge of SQL and VBA is an advantage.
- Experience with risk analytics, reporting and data visualization tools such as Power BI, Tableau, MATLAB or R is a plus.
- Familiarity with trading systems, market data and risk reporting processes.
- Excellent analytical and problem-solving abilities, combined with strong attention to detail and accuracy.
- Ability to manage multiple priorities and deliver high-quality work within tight deadlines.
- Proactive, curious and solution-oriented, with an entrepreneurial mindset and a willingness to continuously improve processes.
- Ability to work independently while collaborating effectively with trading and support teams.
- Strong communication and interpersonal skills, with the confidence to challenge assumptions and communicate risk findings clearly.
- Fluent in English and French, both written and spoken; additional European languages are an advantage.
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
