Risk Manager, Oil Liquids

Our client is looking to add a Risk Manager to support an established trading desk in Houston. This role sits directly alongside the trading team, owning daily P&L and exposure reporting while providing insight into market movements and portfolio risk. It’s a high-impact position with strong visibility and continued growth as the desk expands.

Key Responsibilities:

- Own daily P&L and risk reporting, including variance analysis and clear communication of key drivers

- Monitor and explain exposures across crude and refined products portfolios (physical and financial)

- Ensure accurate trade capture, valuation, and lifecycle management across the trade book

- Partner closely with traders to provide timely analysis supporting commercial decisions

- Identify and implement improvements to reporting, controls, and risk models (automation, tools, processes)

- Collaborate with operations, scheduling, accounting, and global teams to ensure accuracy and alignment

Required Experience / Skills:

- Degree in a quantitative discipline (Finance, Economics, Engineering, Math, or similar); Masters preferred

- Expertise supporting crude, refined products, and/or NGLs trading desks

- Strong analytical skillset with the ability to translate complex data into actionable insight

- Advanced Excel skills; SQL, Python, or VBA experience is a plus

- Understanding of P&L attribution, valuation concepts, and core risk metrics (VaR, stress testing)

- Detail-oriented with strong ownership and ability to operate in a fast-paced trade floor environment

- Strong communication skills with the ability to interact directly with front office stakeholders