Risk Controller (Grains), Dubai

Location
Dubai, United Arab Emirates
Salary
Competitive
Posted
15 Apr 2019
Closes
18 May 2019
Ref
5663114
Job role
Accountant
Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with a multinational agricultural commodities trading group seeking to hire an Risk Controller for their team in Dubai.

Key Responsibilities / Tasks
  • Production and reporting of both daily and monthly MTM (Mark to Market) evaluation of products and traders.
  • Analyzing the counterparty risk / sanctioned check and proposing to Risk office with all documents for counterparty limits
  • Daily examination and reconciliation of risk reports compiled by company risk system.
  • Frequent interaction with traders, implementation and enforcement of risk limits.
  • Maintains organized record of all positions in company order processing system.
  • Monthly closing of books and preparing month close reports

Key Qualifications / Experience
  • 4-5 years’ experience as a risk analyst or risk controller, preferably within commodity trading company
  • Chartered Accountant qualification
  • Understanding of commodity derivatives (futures and options) and accounting.
  • Excellent team player, able to work with traders in global locations, as well as back and middle office.
  • Good Knowledge of IFRS.
  • Located in Dubai (or happy to relocate)