Risk Manager, Middle Office

Are you our next creator of change?

This is for you who wants to have a real impact on creating a healthier planet for our children every day. At Neste, you will be working for the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals. Let’s create transformation for a sustainable future together.

We are looking for you, Risk Manager, Middle Office to our Market Risk & Middle Office team in Houston, Texas.

You will focus on monitoring, controlling and reporting processes and procedures for commodity market risks concerning our growing North American based business activities. In this job, you will work closely with our sales and supply teams as well as with colleagues in European Middle office teams. In our team, you will be part of a global expert organization, delivering value to our stakeholders and internal customers. Together with you and your expertise, we can make an impact today and keep our promises for tomorrow.
 

Reasons to join: Real impact right now. We work in an inspiring and evolving business environment, where everything we do serves one purpose: to create a healthier planet for our children. To drive a growing impact as a global leader in renewable and circular solutions we live by our values every day; we care, we have courage, we cooperate.

Safety and caring: We value safety always and everywhere. We want our work to feel good and do good. At Neste, we nurture a culture where everyone is welcome and feels safe, respected and encouraged to be their unique true selves. 

Exciting growth: Transformation brings new possibilities and fosters our courage and curiosity. As a global growing company we support personal development with versatile learning and career opportunities. Collaboration is the key, and we believe in flexible, smart ways of working. 

In addition we offer locally…

• Excellent health care benefits for you and your family

• A flexible hybrid way of working

• A caring and supportive group of colleagues who share Neste’s values of We Care, We have Courage and We Cooperate!

More about the job

Your role in our team 

• Develop guidelines, procedures and tools for commodity risk monitoring, control and reporting in North American context in collaboration with the global process owners while considering both the business and regulatory requirements. 

• Perform commodity market risk monitoring, control and reporting with a focus on specified regional markets.

• Monitor the regional regulatory requirements for management of commodity derivatives and facilitate discussion with the business and process owners to translate external requirements into internal guidelines and process controls.

Keys to success in this role

• Master’s degree in a relevant field (eg. Finance, Financial Risk Management) 

• Several years of experience in Middle Office or Commodity Risk Management and solid understanding of related processes and systems

• Good understanding of commodity market risks and transactions (physical & derivatives) 

• Solid understanding of financial derivatives regulation concerning commodities

• Experience of financial trade execution platforms and respective trade flow monitoring and control solutions

• Previous experience in control and monitoring development on financial derivatives trading

• Fluent written and spoken English

• Good communication skills and a collaborative approach

• Strong self-leadership skills

• Structured way of working

Other strengths we value

• Previous experience of CTRM systems (eg. Allegro or other similar)

• Previous experience in working within an international corporation

• Capability to understand end-to-end processes and global operating models

Let’s get you started

Wondering whether we are a match or not? Take a short test at neste.com/game.

We look forward to receiving your CV and application for this role. The recruitment process will include interviews and aptitude assessment. The hopeful start date for this postion is September 2023.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification “Form I-9” upon hire.  This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. 

About Neste
Neste creates solutions for combating climate change and accelerating a shift to a circular economy. With over 75 years of refining expertise, we are now the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals. We have set aspirational targets for climate, biodiversity, human rights, as well as our supply chain and raw materials.