Market Risk Supervisor- EAME Crude & Freight
Market Risk Supervisor- EAME Crude & Freight

Market Risk Supervisor- EAME Crude & Freight

Full-Time 60000 - 80000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team to monitor trading activities and ensure compliance with risk management policies.
  • Company: Join a leading energy company focused on market risk management.
  • Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
  • Why this job: Make a real impact in a high-visibility role within global trading.
  • Qualifications: 5+ years in risk management with strong analytical skills and team leadership experience.
  • Other info: Collaborate with global teams and drive continuous improvement in risk reporting tools.

The predicted salary is between 60000 - 80000 ÂŁ per year.

The Market Risk Supervisor position is responsible for leading a team of analysts that monitor trading activities for compliance with Market Risk Management policies and develop and maintain tools for Global Trading activities. You will be responsible for independently identifying, measuring, and reporting trading gross margin, exposures, and the market risk of the portfolio of transactions that are executed and owned by the Commercial organization. You will work with a dynamic, global team in a high‑visibility role that provides advice to the Commercial organization on risk appetite, risk limit utilization, and market risk mitigation strategies, and risk assessments and insights to senior management.

Position Responsibilities

  • Lead, coach, and develop a team of Market Risk analysts, setting clear priorities, reviewing deliverables, providing performance feedback, and ensuring high‑quality execution of all risk management processes.
  • Serve as the primary Market Risk focal point for front‑office and senior commercial stakeholders.
  • Build strong, trust‑based relationships with Global Trading leadership and demonstrate deep, end‑to‑end understanding of trading strategies, key exposures, and future business growth plans for the supported trade desk.
  • Oversee the assessment of supply and demand fundamentals, ensuring the team develops insight into regional/locational price differences, drivers of market spreads, historical patterns, and forward‑looking market trends.
  • Champion and enforce strong market risk management principles, promoting a culture of proactive risk identification, transparency, and constructive challenge with Global Trading and related functions.
  • Supervise the independent evaluation of risk profiles from trade to portfolio level, guiding the team in analyzing risk‑reward trade‑offs, constrained risk optimization, liquidity considerations, market fundamentals, and sentiment sensitivities.
  • Ensure compliance with mandated exposure and risk limits, reviewing exceptions and directing necessary mitigation actions.
  • Communicate risk concerns and decision recommendations to leadership.
  • Oversee and ensure the accuracy and completeness of daily market risk processes, risk reporting, and commentary.
  • Provide senior‑level insights on portfolio changes, market intelligence, exposure drivers, and deal activity.
  • Guide collaboration with Global Trading support functions (Finance, Accounting, Operations) to resolve deal‑related questions and support portfolio management.
  • Ensure the integrity of Global Trading data by supervising validation work, reviewing reconciliations, and escalating systemic issues to the appropriate stakeholders.
  • Review and challenge hedging strategies and limit proposals, confirming that transactions and associated hedges can be properly valued, monitored, and reported within the risk management systems.
  • Drive continuous improvement of risk reporting tools and analytical capabilities, overseeing the team’s use of advanced technologies (Excel, VBA, SQL, Python, R, Tableau, Power BI) and encouraging innovative problem‑solving.
  • Direct and support the team’s involvement in month‑end, quarter‑end, and year‑end closing processes, ensuring accuracy, timeliness, and appropriate documentation.
  • Maintain close working relationships with refinery coordinators and optimizers, product schedulers, and crude traders, ensuring the team accurately validates production data, trade flows, and inventory positions while identifying and communicating hedging signals.

Academic Qualifications

Bachelor’s degree or above (Master’s, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics, or Statistics.

Required Qualifications

  • 5+ years of experience in financial, energy, or chemical risk management; prior supervisory or management experience required.
  • Strong knowledge of crude oil and freight markets, as well as other energy and traded markets.
  • Strong understanding of physical trading, derivatives, and financial products.
  • Excellent quantitative and analytical skills.
  • Excellent proficiency in Excel (experience with SQL or quantitative programming languages such as Python preferred).
  • Experience with Energy Trading Risk Management Systems.
  • Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach.

Preferred Qualifications

  • Experience with Python/SQL.
  • High level of Excel proficiency.
  • Familiarity with trade capture and nomination/scheduling systems.

Functional Skills

  • Market Pricing Mechanisms.
  • Financial Markets Execution.
  • Energy Commodity & Derivative Trading.
  • Energy Risk Analysis & Mitigation.

Market Risk Supervisor- EAME Crude & Freight employer: Esso

As a Market Risk Supervisor at our company, you will thrive in a dynamic and collaborative work environment that prioritises employee development and innovation. We offer competitive benefits, a strong focus on work-life balance, and opportunities for professional growth within the global trading sector, all while being part of a team that values transparency and proactive risk management. Join us to make a meaningful impact in the energy market while enjoying the unique advantages of working in a high-visibility role that engages with senior leadership and diverse stakeholders.
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Contact Detail:

Esso Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Risk Supervisor- EAME Crude & Freight

✨Tip Number 1

Network like a pro! Reach out to folks in the industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its market position. Show them you know your stuff about crude oil and freight markets – it’ll impress them!

✨Tip Number 3

Practice your answers to common interview questions, especially around risk management and trading strategies. We want you to sound confident and knowledgeable!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing familiar names!

We think you need these skills to ace Market Risk Supervisor- EAME Crude & Freight

Market Risk Management
Team Leadership
Analytical Skills
Risk Assessment
Communication Skills
Financial Analysis
Energy Trading Risk Management Systems
Quantitative Programming (Python, SQL)
Excel Proficiency
Understanding of Crude Oil and Freight Markets
Problem-Solving Skills
Relationship Management
Market Pricing Mechanisms
Energy Commodity & Derivative Trading

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Market Risk Supervisor role. Highlight your experience in financial risk management and any supervisory roles you've held. We want to see how your skills align with our needs!

Showcase Your Analytical Skills: Since this role requires strong quantitative and analytical skills, don’t shy away from showcasing specific examples where you’ve used these skills effectively. We love seeing how you’ve tackled complex problems in the past!

Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to risk management!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Esso

✨Know Your Market Inside Out

Make sure you brush up on your knowledge of crude oil and freight markets. Understand the key drivers, historical patterns, and current trends. This will not only help you answer questions confidently but also show your passion for the role.

✨Showcase Your Leadership Skills

As a Market Risk Supervisor, you'll be leading a team. Be prepared to discuss your previous supervisory experiences, how you've coached teams, and the strategies you've used to ensure high-quality execution. Use specific examples to illustrate your leadership style.

✨Demonstrate Analytical Prowess

Highlight your quantitative and analytical skills during the interview. Be ready to discuss tools like Excel, SQL, or Python that you've used in past roles. If you can, bring examples of how you've applied these skills to solve complex problems in risk management.

✨Build Relationships with Stakeholders

Emphasise your ability to build strong, trust-based relationships with stakeholders. Prepare to share examples of how you've collaborated with different teams, such as finance or operations, to resolve issues and support portfolio management. This will show your interpersonal skills and understanding of the role's dynamics.

Market Risk Supervisor- EAME Crude & Freight
Esso

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