Operational Risk Manager

Job description

GENEVE-WTC1(CHE)
Job Description

Responsible for the reporting and analysis of key operational events affecting the business;
·  Development of a culture of speaking up and operational risk management through effective communication and change management.
·  Make the trading operations more efficient by analyzing and fixing operational issues, limit the capital buffer required to protect from operational risks.
·  Manages one part time analyst in the team
·  Updating Operational Risk Policy to ensure that the policy reflect best practice.
·  Aggregating and analysing risk events reported by the business.
·  Performing forensic and root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.
·  Assisting the principal Risk Owners with the identification of key risk indicators in their operation.
·  Monitoring the implementation of action plans.
·  Analysing identified trends in the key risk indicators reported to Management.
·  Prepare reports to the Business, Risk Committee, Management and Compliance.
·  Considering and suggesting methods to improve risk analysis and reporting.
·  Driving the development of systems to improve event capture analysis and action follow up.
·  Utilising mathematical and statistical knowledge to assist with the building of risk models in support of Operational Risk reporting and analysis. Review and contribute to developments in the industry and academia in the field of operational risks. Feed these developments back to the companies operational risk framework.

Offer ID

17618BR
Country

Switzerland
About us / company profile

Give your best to better energy and make the commitment with Total. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 100,000 employees: to make energy better each and every day.

Total Gas & Power Ltd is a wholly owned subsidiary of the Total Group responsible for energy Marketing and Trading activities in the UK.

UK Marketing
Total Gas & Power Ltd’s UK Marketing business is a specialist provider of energy to UK businesses. We supply natural gas and electricity to many thousands of sites across the UK, and we are market leaders in the highly competitive Industrial and Commercial sector (by gas volume).

With customers across the entire commercial and industrial spectrum, competitive prices, a wide array of product solutions to meet customers’ individual buying needs, and high quality customer service remain the keystones for our growth and competitive success.

Our teams of dedicated employees always ensure a personal and professional service for all our customers. These teams are based in one of our three offices: Redhill in Surrey (main location), London and Leeds in West Yorkshire. We also have a network of field-based Account Managers located across the UK enabling us to form an individual relationship with our customers.

Candidate profile

Educated to degree level – a numerical discipline is an advantage – or higher;
·  Minimum 4 years of experience in physical commodity trading;
·  Minimum of 2 years in a risk control position;
·  High levels of analytical and information technology skills;
·  Solid communication skills.
·  Ability to influence and conduct change.
·  Ability to work autonomously and on one’s own initiative.
·  Good knowledge of the energy industry.
Métier

Financial Middle / Back Office
Job Title

Operational Risk Manager
Branch

Gas Renewables And Power
Functional discipline

Finance
Experience level required

3 - 6 years
Employment type

Regular position
Affiliate (if known)

TOTAL GAS & POWER LTD
Context and environment

The position holder works in the Risk Control department but interacts with all the trading organization. The Global Risk Control team consists of around 20 people (including Supervisor and Managers).  The team work across product types including natural gas, natural gas liquids, shale gas, liquefied natural gas, power, emissions, and dry bulk products and locations Houston, Geneva, Paris and Singapore.
The fast paced trading environment requires the jobholder to be able to work both autonomously and within a team. The position requires daily interaction with other departments within the organization. Industry and contractual deadlines to be respected.  Reconciliation of discrepancies and resolution of counterpart issues requires jobholder to be able to seek out information necessary for problem solving.Reporting and monitoring obligations per the Dodd-Frank Act, Sarbanes-Oxley Act, European REMIT and EMIR   and to comply with other rules & regulations require diligence and attention to detail.