Working in
Risk & Compliance
Working in risk and compliance within the commodities sector will entail navigating the risk management of day-to-day business and developing a deep understanding of the regulatory environment across geographies. Compliance topics can include know-your-customer (KYC), implementation of sanctions, anticorruption, sustainability mandates, etc. Risk management entails understanding risk profiles of different commodities and the associated trading limits. Risk management departments will work together closely with the trading desk to manage the risks. Professionals in risk and compliance are essential to securing capital and building successful relationships with clients.
General requirements for
Risk & Compliance
Professionals in risk and compliance need to be curious to understand the continuously changing regulatory and risk environment. It requires building relationships within the business and involves building trust with outside partners, such as clients and capital providers.
Typical roles in
Risk & Compliance
In the risk and compliance departments within commodities, there are various roles that individuals can pursue. Here are some typical in finance in commodities:
Commodity market risk manager
A commodity market risk manager is responsible for monitoring P&L, reporting on risk exposures and securing independent price verifications.
Compliance officer
A compliance officer is responsible for developing and monitoring of an internal compliance program with internal rules and regulations to ensure the company abides by local, national and internal regulations.
