Vice President - Commodities Front Office Control Manager

Job Responsibilities:

• Identifying and managing operational and conduct risk related to trading of financial OTC derivatives, listed futures and physical commodities.
• Ensuring appropriate controls are in place to support new business initiatives and/or initiatives driven by regulatory or policy changes. Engaging on relevant control matters and initiatives pertaining to the Energy Business and Physical Commodities.
• Co-ordinate the setup of Traders onto trading venues, energy platforms and co-ordinate the implementation of requirements defined by trading venues and energy platforms.
• Assisting in the assessment of the end to end control environment and in the resolution of any control issues that surface, including providing a framework for developing "best practice" standards.
• Facilitating the execution of various Front Office supervisory controls, attestations, and exception management.
• Facilitating the execution of control programs such as Risk & Control Self Assessments, Risk Event Reporting, Executive Governance meetings and Control Forums.
• Participating in projects sponsored by Business Control Managers. Includes operating as the project manager on key control initiatives as well as acting as a consultant on control initiatives managed within central control functions.
• Prepare and present the monthly Control Dashboard and Business Control Committee, highlighting key areas of the global commodities control environment for senior management.
• Leading and coordinating end-to-end audits, control testing, and regulatory exams or inquiries in partnership with business.
• Build and maintain strong relationships with front-office personnel, business managers, control managers and other business aligned functions to facilitate dialogue and effective implementation of solutions.

Required Qualifications, Skills and Capabilities:

• Deep understanding of operational risks and controls, with the ability to design, implement, and monitor effective control frameworks.
• Excellent analytical and problem-solving skills; ability to conduct risk assessments, perform root cause analysis, develop mitigation strategies, and apply process re-engineering.
• Possess an investigative mindset, able to see issues both at a high-level and in detail; understand their applicability to the business.
• Excellent verbal and written communication skills, capable of conveying complex information simply to diverse stakeholders across first, second and third lines of defense, as well as senior management.
• Polished interpersonal skills with the ability to effectively challenge and build consensus across the organization.
• Act with confidence and good judgement, directly address conflicts, and, escalate issues where appropriate.

Preferred Qualifications, Skills, and Capabilities:

• Commodities (Physical Energy) knowledge.
• Relevant Financial service experience in a controls, audit, quality assurance, risk management, compliance or governance function.
• Proficient knowledge of control and risk management concepts with the ability to design, create, and evaluate a Risk & Control Self-Assessment in conjunction with business partners.
• Prior exposure to Front Office Trading beneficial.
• Broad knowledge of FERC rules beneficial.