Risk Officer - Derivatives

Location: Geneva

Contract Type

Time Type

The Risk Officer will join Centalion's Risk team in Geneva, reporting to the Risk Manager – Derivatives.

The role focuses on monitoring and analysing market risk exposures across commodity trading activities, delivering accurate risk reporting and developing analytical tools to support effective risk management and informed decision-making.

Main Responsabilities

• Analyze, model, and report market risk across all trading activities, including physical and financial transactions.
• Monitor daily mark-to-market valuations, risk positions, basis movements, forward curves, volatilities, and P&L results.
• Develop and maintain risk reporting and analytical tools to communicate positions, P&L, and market risk exposures to traders and management.
• Perform deal checks, price validations, curve updates, and data reconciliations to ensure accurate and timely trade capture.
• Monitor trading limits, risk policies, and compliance requirements to ensure transaction integrity and adherence to internal controls.
• Analyze commodity exposures, forward price movements, and key risk drivers to support trading decisions.
• Maintain, enhance, and validate risk models, testing calculations, reviewing assumptions, and recommending improvements to valuation and risk methodologies.
• Collaborate closely with traders to quantify, monitor, and explain portfolio risks and P&L movements.
• Coordinate with Front Office, Operations, Trade Support, Finance, and IT to ensure accurate data, consistent assumptions, and efficient processes.
• Contribute to trading results and position reporting for senior management, including monthly accounting reconciliation of trading results.
• Prepare regular and ad hoc risk reports and analyses for internal stakeholders and the Management Board.
• Work closely with Back Office, Finance, Credit, Legal, Compliance, and Business Unit Control to ensure effective risk controls, operational efficiency, and policy compliance.
• Partner with Compliance to ensure regulatory and internal requirements are met.
• Identify and implement process improvements, including system testing, enhancements, and desk-level operational efficiencies.
• Identify operational risks, propose mitigation measures, and prioritize corrective actions.
• Support month-end and year-end reconciliations with Finance and external auditors.
• Provide backup and support to Risk Officers covering other trading desks when required.

Profile

• University degree, preferably at Master's level, in Mathematics, Statistics, Engineering, Economics, Quantitative Finance, Computer Science or a related discipline.
• Minimum 3 years of relevant experience in market risk management within commodity trading, ideally gained at a trading house, energy company, investment bank or hedge fund.
• Solid understanding of commodity markets, trading instruments, market risk methodologies and valuation models.
• Strong quantitative and analytical skills, with the ability to interpret complex data and identify key risk drivers.
• Advanced proficiency in Microsoft Excel and Python; knowledge of SQL and VBA is an advantage.
• Experience with risk analytics, reporting and data visualisation tools such as Power BI, Tableau, MATLAB or R is a plus.
• Familiarity with trading systems, market data and risk reporting processes.
• Excellent analytical and problem-solving abilities, combined with strong attention to detail and accuracy.
• Ability to manage multiple priorities and deliver high-quality work within tight deadlines.
• Proactive, curious and solution-oriented, with an entrepreneurial mindset and a willingness to continuously improve processes.
• Ability to work independently while collaborating effectively with trading and support teams.
• Strong communication and interpersonal skills, with the confidence to challenge assumptions and communicate risk findings clearly.
• Fluent in English and French, both written and spoken; additional European languages are an advantage.
• If you think the open position you see is right for you, we encourage you to apply!
• Our people make all the difference in our success.