Head of Market Risk

Our People, Our Energy!

The CompanyAt Motor Oil Group, our people are our energy!

We support the Greek economy with exports to over 75 countries, thousands of employees, and continuous new investments. We work together to shape the future of energy and we focus on developing and empowering our people, cultivating their talents that will shape our future journey towards the energy transition.

MORE (Motor Oil Renewable Energy) is a subsidiary company of the Motor Oil Group and is dynamically active in the field of clean energy production & management. MORE’s vision is, through the innovative development of its units and services, to produce more clean energy, and create more alternatives for a sustainable future for all. Having as guarantee the credibility and confidence inspired by the Motor Oil Group’s name, as well as the stability and financial health, MORE dares and invests, looking to the future. We strive to develop our people to their highest potential, through continuous learning and assignment of challenging projects.

Starting with the role:Starting with the role:

We are searching to hire a Head of Market Risk to join the Risk Management Department. You will be responsible for developing and monitoring the risk control framework including the respective policies and processes.

Location: Maroussi

During your day you will:

• Develop and maintain a robust risk control framework for Energy Management and Trading activities, aligning with the risk strategy

• Implement and enhance risk control policies and processes based on best practices, ensuring compliance of Energy Management and Trading activities

• Develop and maintain risk management reporting (P&L - Mark to Market, Greeks, Value-at-Risk, and associated limits) to accurately reflect trading books' performance

• Define and track Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) to assess the effectiveness of risk control measures

• Work closely with Energy Management and Trading teams to understand positions taken and market behavior, providing insights to Senior Management and support to Front Office where required

• Conduct scenario analysis to assess the impact of potential market events on Energy Management and Trading portfolios, including stress testing to gauge resilience under adverse conditions.

• Facilitate risk assessment aligned with the MOH Group risk methodology, maintaining the company's risk matrix (enterprise risk management), and ensuring alignment with the Group Risk function

• Conduct risk exposure analysis, identifying areas for improvement and risks associated with market fluctuations and regulatory changes

What you need to stand out:

• Bachelor’s degree in Engineering, Finance, Economics or other numerical discipline

• Master’s degree in related field with strong quantitative skills will be preferred

• At least 8 years of experience in risk within the energy trading or commodities sector

• Strong understanding of energy markets, derivatives, and risk modelling techniques

• Proficient use of MS Office, especially Excel

• Strong verbal and written communication skills both in Greek and English

Our Compass is the #ACTION#A_uthenticity

#C_ompassion

#T_eamwork

#I_ntegrity

#O_wnership

#N_ever giving up

What give us energy:

• Friendly and fast paced environment, being always at the heart of the #action

• Continuous learning to empower our teams

• Career Development opportunities across the Motor Oil Group

• Competitive compensation package

*We @Motor Oil Group are an equal opportunity employer.

Our hiring decisions are based solely on qualifications, merit, and business needs. We recruit, employ, train, and promote individuals without regard to race, color, religion, disability, sex, sexual orientation, gender identity, national origin, age, genetic characteristics, or any other protected status. Our commitment is to maintain an inclusive and diverse workforce where everyone has the opportunity to succeed.