Trading and Risk Manager

Rock Petroleum; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading energy company in Dubai is seeking an experienced Manager for Trading & Risk Management to oversee trading activities and manage risks effectively. You will develop trading strategies, conduct market analysis, and lead a team in optimizing performance. The ideal candidate has extensive experience in energy trading and strong analytical skills.

Benefits

Competitive compensation

Benefits packages

Qualifications

• 5-7 years of experience in energy trading or financial trading roles.
• Minimum of 2-3 years in a leadership or managerial position.
• Strong analytical, problem-solving, and decision-making skills.

Responsibilities

• Develop and implement trading strategies to maximize profitability.
• Conduct market analysis to identify trends and trading opportunities.
• Oversee trade execution and manage portfolio activities.

Skills

Energy market knowledge

Trading strategy development

Risk management

Financial analysis

Team leadership

Education

Bachelor's degree in Finance, Economics, Business Administration

Job description

About Rock Petroleum

Rock Petroleum is a leader in the supply of resources to power the planet. Our operations started in 2018 with an experienced team of well-trained professionals and a strong foundation of stakeholder value creation.

We are committed to fulfilling the energy needs of people around the world, as well as helping to reduce energy waste. With the relentless effort of an experienced team, we are following responsible business practices, which enabled us to grow into a global powerhouse.

Job Summary

Rock Petroleum is seeking an experienced and strategic Manager for Trading & Risk Management to oversee our trading activities and manage associated risks effectively. The Manager for Trading & Risk Management will play a crucial role in developing trading strategies, optimizing trading performance, and implementing risk management practices.

Job Responsibilities

As the Manager for Trading & Risk Management, your responsibilities will include:

1. Trading Strategy Development: Developing and implementing trading strategies to capitalize on market opportunities and maximize trading profitability.
2. Market Analysis: Conducting comprehensive market research and analysis to identify trends, patterns, and trading opportunities in the energy markets.
3. Risk Management: Identifying, assessing, and mitigating trading risks, including market risk, credit risk, and operational risk. Implementing risk management strategies and controls.
4. Trade Execution: Overseeing trade execution and portfolio management activities. Monitoring trade positions and market movements to optimize trading performance.
5. Financial Analysis: Conducting financial analysis, variance analysis, and performance monitoring to evaluate trading performance and profitability.
6. Compliance and Regulatory Affairs: Ensuring compliance with relevant laws, regulations, and industry standards governing trading activities. Implementing best practices for risk management and compliance.
7. Derivatives Trading: Managing derivatives trading activities, including futures, options, and swaps. Hedging price risks and managing exposure to market volatility.
8. Counterparty Risk Management: Assessing and managing counterparty credit risk associated with trading counterparties and brokers. Monitoring credit exposures and limits.
9. Trading Systems and Technology: Leveraging trading systems, tools, and technology to enhance trading operations and performance. Evaluating and implementing trading platforms, algorithms, and risk management systems.
10. Team Leadership: Providing leadership, guidance, and support to the trading and risk management team. Fostering a culture of excellence, collaboration, and continuous improvement.

Qualifications and Experience To be successful in this role, you should:

• Hold a bachelor's degree in Finance, Economics, Business Administration, or a related field. Advanced degree or professional certifications (e.g., CFA) are preferred.
• Have at least 5-7 years of experience in energy trading or financial trading roles, with a minimum of 2-3 years in a leadership or managerial position.
• Demonstrate deep knowledge of energy markets, trading strategies, and risk management principles.
• Possess strong analytical, problem-solving, and decision-making skills.
• Exhibit excellent communication, negotiation, and relationship management skills.
• Be results-oriented, with a track record of driving trading performance and managing risks effectively.
• Show integrity, professionalism, and sound judgment in handling sensitive trading information and activities.

Why join Rock Petroleum?

At Rock Petroleum, we offer an opportunity to work in a dynamic and challenging environment where you can contribute to the success of our organization. As a Manager for Trading & Risk Management, you will play a critical role in shaping trading strategies, optimizing trading performance, and managing risks effectively.

We value our employees and offer competitive compensation and benefits packages. Join us as we continue to innovate and lead in the energy industry and beyond.

Join us. We Rock.