Risk Manager

Job content

Company Overview

Targray is a diversified multinational commodity and specialty materials company that markets a broad range of products and solutions for high-growth energy sectors. Established in 1987 in Montreal, Canada, our organization is a leading international provider of materials for solar and energy storage companies, and one of the largest physical traders and distributors of Biodiesel fuel in North America.

Targray has operations in 11 countries and over $860M USD in annual sales. In 2019, the company made its debut appearance on the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue.

• Great Place to Work® | Best Workplaces in Quebec (2020)
• Deloitte | Best Managed Companies (2019 - 2022)
• EY Canada | Quebec Entrepreneur of the Year (2016)
• HSBC | International Business Award (2012)
• Profit 100 Fastest-Growing Companies in Canada (2006, 2009)

Job Summary

Targray currently has an opening for a Risk Manager in our Geneva, Switzerland office. We are looking for a Risk Manager to help support the growth of our commodity trading organization and the Risk team. The Risk Manager plays a key role in assessing various types of risks and opportunities as we continue to add new businesses to our portfolio and assists the Director, Risk Management with implementing risk management at the enterprise level.

The ideal candidate is someone looking to pursue a career in commodity risk management, has working experience with financial modeling, process optimization and automation and demonstrates a strong interest for financial and commodity markets. The Risk Manager will work closely with the Director, Risk Management, the Risk Analysts, the Information Systems team, the Trading desks, the Operations team and the Finance department. This is a great opportunity for a talented risk professional to continue to grow their career, learn a new environment and create value.

Job Responsibilities

• Develop the required structure to help business units implement risk management at the enterprise level.
• Facilitate the integration of new trading desks.
• Recommend trading and counterparty limits for every division and at a company level and align exposures with the company’s risk tolerance.
• Measure, monitor and mitigate strategic, business, market, credit, and operational risks.
• Make recommendations to the Director, Risk Management on actions to take to manage exposures internally and which type of risks to transfer to external stakeholders.
• Support Risk Analysts in developing end-to-end Risk models on Microsoft Excel and Python to monitor and manage market, credit, and operational risks.
• Coordinate and assist in the development of Risk applications and models with the Information Systems department.

Job Requirements

• Bachelor of Administration graduate (with a Finance concentration) or MBA with a finance concentration.
• Master’s degree in financial engineering or Mathematics and Statistics is a plus.
• Financial Risk Manager (FRM) designation delivered by GARP or enrolled for FRM Part 2 exam

Qualifications

• 5 to 10 years of working experience measuring and managing commodities and financial risks.
• Experience measuring and managing exposures to various commodities.
• Demonstrate strong leadership skills and the potential to manage a team of risk professionals.
• Thorough understanding of financial derivatives, mark-to-market accounting, Value-at-Risk and stress tests.
• Have strong financial and data analysis skills.
• Proficient at advanced Microsoft Excel (VBA).
• Proficient at Python or SAS.
• Proficient at Power BI or Tableau.
• Comfortable working in a fast-paced environment.
• Ability to work under pressure and on multiple projects simultaneously.
• Be open-minded, coachable, resourceful and have an entrepreneurial mindset.
• Demonstrate great communication skills and display strong interpersonal skills.

Benefits

• Beautiful, spacious, and modern workplace environment.
• Highly competitive remuneration.
• Flexible work arrangement policy.
• On-site gym facility reserved for employees.
• Generous company-wide profit-sharing plan.
• Medical and dental insurance.
• Retirement Savings Plan with employer matching.
• Subsidized healthy lunch program with fresh meals served daily.

Targray provides a highly-competitive remuneration plan and an excellent working environment in a growing multinational firm focused on creating a more sustainable global economy. For more information about our company, please visit https://www.targray.com/