Middle Office Risk Control Manager

14 hours ago


Houston, Texas, United States OPTIMUS (TX) Full time
Job Summary

OPTIMUS (TX) is seeking a seasoned Middle Office Risk Control Manager to oversee risk management and reporting for commodities trading. This role involves leading a team of Middle Office Analysts, ensuring accurate risk evaluations, and maintaining compliance with trading regulations and internal limits.

Key Responsibilities:
  • Partner with the Front Office to provide detailed risk assessments, facilitating business expansion through informed decisions.
  • Oversee and mentor a team of 3-5 Middle Office Analysts, managing staffing needs and conducting performance reviews.
  • Collaborate with Back Office, Finance, Credit, Legal, and Internal Control teams to align risk control practices with compliance requirements.
  • Monitor and enforce internal trading limits, analyze non-standard transactions, and provide senior management with approval recommendations.
  • Develop and implement risk management policies and procedures to support business growth and improve process controls.
  • Serve as the main point of contact for trading inquiries, assisting traders with complex trade modeling.
  • Lead daily risk position analysis, valuation, and reporting, ensuring adherence to trading limits and regulatory standards.
  • Report on operational risk incidents and drive improvements to address identified risks.
  • Work with global Risk Control teams in Geneva and Singapore, serving as an expert in North American Power markets.
  • Manage trading risk positions and P&L reporting for power trading activities, including flexible power generation and structured transactions.
Qualifications:
  • Bachelor's degree in Accounting, Finance, Mathematics, Economics, or a related field required; Master's degree preferred.
  • Minimum of 5 years of experience in a mid-office commodity trading role, with prior experience in a supervisory or team lead capacity preferred.
  • Deep understanding of the energy sector, commodity trading, and risk management, especially in North American Power markets.
  • Knowledge of ISOs/RTOs, power fundamentals, and both financial and physical power trading required.
  • Strong analytical skills, with excellent communication and interpersonal abilities.
  • Experience in mentoring junior analysts and a focus on operational excellence.


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