Risk Officer

Today, companies are constantly urged to drastically reduce their carbon footprint. By trading in a wide variety of renewable energy products, STX enables businesses to achieve this goal. In doing so, we contribute to a more transparent environmental commodities market and, therefore, a greener world. We’re looking for a Risk Officer to join our business and the extremely dynamic market we operate in, and to embark on a journey with us towards a better tomorrow. 

ABOUT STX OPERATIONS

STX Group is successfully expanding its global operations with significant contribution from the Operations functions including the IT, HR, Mid-Office, Risk, Finance, Legal and Compliance teams. Comprising of over 60 professionals globally, these teams collectively provide a strong foundation for STX Group to reach its growth strategy by ensuring trades are processed smoothly and the company is run efficiently and effectively. Our Operations function is fast-growing as a result of both the rapid growth of the business, as well as growing complexity. 

“STX is active in very dynamic markets, new products and new structures are often presented and investigated. As a Risk Manager in STX you will cooperate with both Front Office and Operations teams to make sure the potential risks of these new products are identified and promptly mitigated. The daily interactions with different teams create a collaborative environment where the teamwork is key to the company’s success.” – Nicola Torrisi, Head of Risk

KEY RESPONSIBILITIES

• Take a leading role in the implementation of the Risk framework in the US, in cooperation with our global organization
• Participate in new trade approvals
• Implementation of risk models including Credit, Market, and Operational risk
• Perform credit analysis and assess the creditworthiness of the counterparty
• Monitoring position and overseeing adherence to risk policy and limits
• Initiate and lead special projects related to Risk
• Drive consistency, efficiency, and automation for regional and global activities of the team
• Strong interaction with the front office teams in a new challenging and growing environment, be able to understand their strategy and ready to challenge them when/if required
• Work closely with Legal, Finance, Trade Ops and Compliance to improve the flow of information across departments and accuracy of analysis

• Communicate risk policies and processes within the company, and build risk awareness among staff by providing support and training

KEY REQUIREMENTS

• BSc/BA in Business administration, Finance or Economics, or other relevant field. MSc/MA preferred
• Minimum of 7-10 years in a similar position in Financial services, (Commodity) Trading, or other relevant business
• Risk Management experience, preferably in commodity trading and/or financial securities
• Excellent analytical and quantitative skills and ability to apply these skills to variety of environments and business processes
• Knowledge of Balance sheet items / IFRS, US GAAP
• Self-motivated and demonstrated ability to work independently as well as in a team environment

• Strong understanding of risk concepts
• Ability to fast understand situations, foresee implications, make connections
• Able to liaise, communicate with various departments
• Not afraid to give your opinion, put sensitive items up for discussion
• Advanced Excel (VBA) and working knowledge of programming language (i.e. SQL, Python)
• Must be creative and open-minded to find the best possible solution for issues
• Excellent command of the English language
• Ability to work in an international environment across cultures
• Work permit in the United States

GET IN TOUCH

Are you ready to embark on a journey with us? Please submit your application for this job by clicking on the “apply” button. For further questions, please contact the Recruitment department at recruitment@stxgroup.com.

STX Group offers equal employment opportunity.