Senior Director Risk Management

Job ID

27761567

Location

Fort Worth, TX, 76106

Other Location

Description

JOB SUMMARY

The Senior Director Risk will establish and lead BKV’s comprehensive risk management framework, ensuring alignment with business objectives and regulatory expectations. Reporting to the Chief Financial Officer, this leader will oversee a small, high-performing team and collaborate across Finance, Operations, Legal, and Strategy.

In the first 12–18 months, success will be measured by the design and implementation of an integrated enterprise risk program, including risk identification, prioritization, and mitigation strategies. This role will also provide critical insights to the executive team and board, enabling proactive decision-making in a dynamic energy landscape.

The ideal candidate is a strategic thinker and pragmatic problem-solver who thrives in a dynamic, growth-oriented environment. They balance rigor with agility, fostering trust across the organization by listening, engaging, and communicating with clarity.

RESPONSIBILITIES

Enterprise Risk Framework Development

- Develop and execute a comprehensive enterprise risk management framework that strengthens resilience and supports growth

- Establish counterparty credit risk appetite and tolerance levels across all business units

- Design and implement risk assessment methodologies including Value at Risk (VaR), Mark to Market (MtM), and stress testing scenarios

- Drive adoption of tools and analytics that improve risk visibility, scenario modeling, and reporting

Strategic Leadership & Advisory

- Provide strategic insights to senior leadership and the board, highlighting key risks and recommended mitigation strategies

- Present comprehensive risk management deliverables to executive management, the Risk Committee, and Audit Committee of the Board of Directors

- Act as a trusted advisor to the CFO and executive team on capital allocation, investment decisions, and corporate strategy from a risk-return perspective

- Support front office stakeholders in risk-based transactions and business development initiatives

Cross-Functional Collaboration

- Partner cross-functionally with Finance, Operations, Legal, and Strategy to embed risk awareness into decision-making and day-to-day processes

- Provide analytical support to oil, natural gas, and NGL sales and marketing teams by assessing credit and market risks

- Collaborate with procurement, marketing, and maritime teams on counterparty risk assessments

- Championing a proactive risk culture, ensuring leaders at all levels understand and act on critical exposures

Risk Categories & Specialized Expertise

- Evaluate and monitor financial, operational, and strategic risks, ensuring mitigation plans are in place and effective

- Manage commodity price risk hedging programs and derivative positions

- Oversee credit risk management including counterparty assessments, contract negotiations, and collateral management

- Administer trade finance processes and treasury functions related to trading operations

- Manage supply chain portfolio risks using financial and market-based metrics including probability of default analysis

- Advise on emerging risks, including ESG, cybersecurity, geopolitical, and market volatility, and recommend forward-looking strategies

Team Leadership & Development

- Lead and mentor a risk management team, fostering a culture of accountability, collaboration, and continuous improvement

- Direct global risk professionals responsible for identifying and mitigating third-party risks

- Supervise middle office operations including trade capture, reporting, and position analysis

- Enhance compliance with regulatory requirements while maintaining a pragmatic, business-enabling approach

Technology & Process Enhancement

- Oversee implementation of ETRM (Energy Trading & Risk Management) systems and databases

- Lead implementation of collateral management platforms and credit facilities with financial institutions

- Maintain adherence to Cash Flow and Fair Value Hedge Accounting guidelines

- Ensure end-to-end transaction accuracy from initial entry through settlement via stringent operational controls

REQUIRED SKILLS

Industry & Technical Expertise

- Extensive experience in energy sector risk management including oil, natural gas, NGL, and LNG markets

- Deep knowledge of OTC derivatives, margining, and credit agreement negotiations

- Proven expertise in commodity trading, risk management and natural gas marketing

- Proven success in designing and leading enterprise risk management programs

- Track record of leveraging data analytics in risk decision-making

- Experience with regulatory frameworks including Dodd-Frank and SOX compliance

Leadership & Management

- Advanced leadership and management skills include achieving results through influence, guiding performance and development, and fostering a motivating and inclusive workplace

- Demonstrated success managing global teams of 25+ risk professionals

- Experience of serving on corporate boards and presenting to board-level committees.

- Ability to thrive in a dynamic fast-paced environment

Analytical & Technical Skills

- Advanced proficiency in stress testing, scenario analysis, and valuation methods

- Experience with portfolio management and quantitative/qualitative risk assessments

- Advanced proficiency in Microsoft Office and job-related applications

- Knowledge of credit default swaps and other credit risk mitigation instruments

Communication & Collaboration

- Expert interpersonal, collaboration and communication skills

- Proven ability to support business development and maintain extensive industry connections

- Advanced attention to detail, organization and prioritization

- Expert cognitive, decision-making and problem-solving skills

- Growth mindset with an expert ability to innovate, embrace change and have grit

EDUCATION & EXPERIENCE

Required Education

- Bachelor’s degree required in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field

- MBA or Masters in Finance preferred

- Professional certifications such as CFA, FRM, CPA, or CIA are considered valuable

- IECA (International Energy Credit Association) membership preferred

Experience Requirements

- 12+ years of experience in energy sector risk management, with demonstrated progression from analyst to senior leadership roles

- At least 5 years in a senior leadership capacity managing risk teams and programs

- Proven track record in credit risk, market risk, operational risk, and compliance risk management

- Experience with capital markets transactions and risk management within the energy or natural gas industry

- Background in both upstream and midstream energy operations preferred

PHYSICAL DEMANDS / WORKING CONDITIONS

- This position is in Denver, CO at BKV Headquarters. Remote work in Houston or Dallas-Fort Worth will be considered for strong candidates.

- Travel up to 20% may be required

- Indoor working environment that requires the ability to perform repetitive motions and operate standard office equipment

SALARY RANGE

$146,000 to $270,000

BKV Corporation is a dynamic values‐driven company with expertise in upstream and midstream unconventional oil and gas investments, and production. We believe our focus on visionary strategy, efficient execution and high-performing teams are key to creating long-term sustainable value and growth.

BKV Corporation is an equal opportunity employer. We value diversity and base all employment decisions on qualifications, merit and business need.

Required Skills

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Pay Range

$146,000.00 Annually to $270,000.00 Annually