Unfortunately Shell has archived this job posting, they are no longer
accepting
applications.
Currently we're investigating a bug where the answers are not recorded properly. If you encounter this bug,
please email us at
rfqjobs@gmail.com.
(more about Shell)
Market Risk Operations Manager
The Role
What is the role?
The role will work with Trading & Supply Commercial representatives to identify fit for purpose second line of defense processes to ensure complete portfolio integrity and determining where and how best to operate these controls.
In addition, this role will have responsibility for running certain other Market Risk processes and controls as deemed appropriate and necessary.
The role will lead a team of direct reports, and the role will report to the Global Manager of Market Risk Operations.
This role will ensure consistent policies, controls, metrics, and systems are in place to ensure compliance with the global Risk Management framework. The role works closely with risk leads for all parts of the risk management spectrum including a significant Business Operations component, the Business Integration organizations, and others with risk management and control responsibilities.
As a Market Risk Operations Manager, you will be responsible of the following duties:
The Market Risk Operations group ensures Market Risk processes and controls are run accurately, reliably, and right first time.
The Market Risk Operations group is also responsible for maintaining observable valuation inputs e.g., exchange prices, broker quotes, derivable volatilities, and correlations to risk calculations.
Understand physical spot price assessments and the construction of forward curves.
Carry out the review and execution of SOX controls and manage communications with auditors after they are completed.
Manage user testing of systems functionality and enhancements while providing feedback to key stakeholders.
Must be a systems and data expert ensuring that knowledge around market risk reference data & forward curve construction is well documented for the benefit of the wider Market Risk team.
Promote a culture of continuous improvement across all levels of the organization by having courage to challenge established processes. This includes identifying inefficiencies in local and global operations and opportunities to streamline and automate shared processes and interfaces.
Ensure process excellence, identifying bottlenecks in Risk processes. Ensuring that error-checking is a natural part of all processes, so output is ‘Right First Time’.
Drive a vision for the team to aspire to and define a clear path to get there, with milestone achievement steps along the way.
Map and document processes, clarify accountabilities, and simplify interfaces to allow the smooth running of the Risk organization.
Accelerate digitalization and automation to smooth the flow of information across the business and to remove manual tasks.
Actively manage resources & processes to optimize the efficient analysis of risk across the portfolio, manage change and prioritize accordingly.
Be an end-to-end deal expert understanding risk at all parts during the life of a deal interacting with the functional experts to help identify and suggest remediation to those risks
Responsibility for managing and directing team members both as direct reports and some which aren’t direct reports.
What we need from you
We are keen to hear from candidates with the following qualifications/skills touched by their work experience:
At least ten (10) years experience within a trading and risk management organization, including a strong understanding of trading, operations, risk, compliance and mid/back-office business processes, policies, procedures, and controls
Degree in Business, Economics, Mathematics, Science, Engineering, or IT; or relevant workplace experience in the energy trading industry is required
Thorough understanding of financial, commodity and energy markets; derivative instruments and hedging techniques
About Shell Singapore
Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation.
An innovative place to work
There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in renewables, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.
An inclusive place to work
To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential…
- We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
- We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
- We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
- We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.