AVP, Group Risk (Commodity)

Sembcor; Singapore; Presencial; SGD 210.000 - 320.000; Jornada completa

Descripción de la vacante

Sembcorp is a leading energy and urban solutions provider headquartered in Singapore. This role provides independent second-line risk oversight across the Group, focusing on commodity, merchant and credit risks arising from energy, utilities and related businesses.

The position may be Senior Manager or AVP level, reporting to Deputy Head, Group Risk. You will develop risk governance frameworks, review risk limits, conduct scenario analyses, and deliver risk insights to senior management and risk

Formación

• Degree in Finance, Accounting, Engineering, or Business.
• FRM, PRM, CFA are advantageous.
• 10+ years of experience in energy risk or related discipline.

Responsabilidades

• Develop and maintain commodity and merchant risk policies, risk appetite and governance frameworks.
• Review risk limits, metrics & escalation thresholds.
• Review policy change requests, material breaches, exceptions and incidents from L1, and recommend improvements where required.
• Conduct independent scenario analysis & stress testing (eg : GMaR) to assess potential impacts to the Group's commodity and merchant risk exposures.
• Conduct periodic L2 reviews of business unit risk management practices and control effectiveness.
• Review commodity, merchant & credit risk exposure arising from new major commercial or investment transactions.
• Analyse Group-wide risk exposures, concentrations and key risk drivers, considers emerging trends, provide risk insights & alternate views to support management decision making.
• Prepare commodity & merchant risk reports for senior management & risk committees
• Oversee implementation and closure of commodity and merchant risk-related remediation actions arising from reviews, incidents, audits and policy exceptions.

Conocimientos

Energy risk

Risk governance

Quantitative modelling

Stakeholder communication

Educación

Degree in Finance, Accounting, Engineering, or Business

Descripción del empleo

Sembcorp is a leading energy and urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition , Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.

Purpose and Scope

This position is an individual contributor responsible for providing independent second-line (L2) risk oversight across the Group, with a focus on commodity, merchant and credit risks arising from energy, utilities and related businesses. The role is responsible for establishing risk governance frameworks, ensuring risks remain within approved risk appetite, challenging business assumptions and exposures, reviewing the effectiveness of first-line controls, and providing risk transparency to enterprise & board risk committees. The role is not responsible for executing trades, managing positions, performing daily risk reporting, or operating middle office processes; these responsibilities remain with the first line (L1) business unit. Depending on the candidate’s qualifications, experience and demonstrated capabilities, the successful candidate may be appointed at either Senior Manager or AVP level. This position reports to Deputy Head, Group Risk.

Key Roles and Responsibilities

• Develop and maintain commodity and merchant risk policies, risk appetite and governance frameworks.
• Review and recommend risk limits, metrics & escalation thresholds.
• Review policy change requests, material breaches, exceptions and incidents from L1, and recommend improvements where required.
• Conduct independent scenario analysis & stress testing ( eg : GMaR ) to assess potential impacts to the Group's commodity and merchant risk exposures.
• Conduct periodic L2 reviews of business unit risk management practices and control effectiveness.
• Review commodity, merchant & credit risk exposure arising from new major commercial or investment transactions.
• Analyse Group-wide risk exposures, concentrations and key risk drivers, considers emerging trends, provide risk insights & alternate views to support management decision making.
• Prepare commodity & merchant risk reports for senior management & risk committees
• Oversee implementation and closure of commodity and merchant risk-related remediation actions arising from reviews, incidents, audits and policy exceptions.

Qualifications & Experience

• Degree in Finance, Accounting, Engineering, Business or related discipline.
• Professional qualifications such as FRM, PRM, CFA is advantageous.
• At least 10 years of experience in energy risk or related discipline.
• Candidates with experience in commodity & merchant risk & risk modelling preferred.
• Experience conducting risk reviews, assurance reviews, controls assessments or governance reviews.
• Strong understanding of enterprise risk management frameworks and three-lines-of-defence principles.
• Commodity & Merchant Risk Management
• Energy Market Fundamentals
• Commercial Acumen
• Investment Evaluation
• Counterparty & Credit Risk

Data & Analytics

• Data Interpretation

Success Measures

• Effective oversight of commodity and merchant risks across the Group.
• Timely identification and escalation of material risk issues
• Risk governance frameworks remain fit-for-purpose and aligned with business strategy.
• Clear and insightful risk reporting to management and Board committees.

Our Culture at Sembcorp

At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition.

We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.