Head of Risk

 Je recrute pour mon client, acteur spécialisé dans le trading de commodités, un Head of Risk H/F dans le cadre d’une création de poste. Ce poste en CDI est basé à Paris. Role Scope: Accountable to the Board and fully independent of the business units. Operationally day to day reporting line will be to the MD. The Head of Risk (HoR) is responsible for overseeing 2nd Lines of Defence (LOD) for Market Risk, Credit Risk, Liquidity Risk, and Operational Risk management. Although independent from the Group risk function, group risk framework is adapted where applicable and group support is provided where required. Key Responsibilities & Accountabilities: When requested support the Board with development, implementation and monitoring strategies and decisions for Market Risk, Credit Risk, Liquidity Risk and Operational Risk. • Adapt the Group Risk Framework covering risk management, governance and controls applicable and covering all material risks. • Review and challenge the Risk Appetite and Risk Policies and make recommendations to the Board. • Monitor for compliance with Board approved risk mandates by overseeing adherence with risk governance, management and control framework. • Advise to the business, appropriate risk limits that are consistent with the firm's Risk Appetite. • Ensure the Risk function (2LOD) is performed such as publishing risk monitoring reports against risk limits, escalating limit breaches; and able to independently challenge the businesses 1LOD. • Provide objective advice to the MD and/or the Board regarding any risk matters. • Develop and enhance the risk culture across the Company. • Champion operational risk management and mitigation and its application to the firm. • Ensure the adequacy of risk information, risk analysis and risk training is provided to members of the Board. • Validate risk methodologies used in the business. • Ensure the integrity of risk management techniques and Management Information Systems that are used to monitor the firm's risk profile are relative to its risk appetite. • Provide risk-focused advice and information into the setting of the firm's Remuneration Policy and the individual application of the Policy. Permanent Control ensures continuous monitoring and compliance within an organization’s operational framework. It identifies risks, enforces internal controls, and supports regulatory adherence. This role is vital for maintaining integrity, efficiency, and accountability across business processes. • Design and Oversight of Controls: Adapt and maintain the Group control framework, ensuring effective controls are implemented. • Independent Monitoring: Conduct Level 2 controls, which are independent of day-to-day operations. These are typically periodic or risk-based reviews to assess the effectiveness of Level 1 controls. • Risk Identification and Assessment: Support RCSA’s and control identification across business lines to ensure comprehensive coverage. • Challenge and Supervision: Actively challenge the risk and control assessments made by the first line, ensuring objectivity and rigor. • Reporting and Escalation: Provide regular reporting to senior management and risk committees on control effectiveness, incidents, and remediation plans. • Policy and Framework Development: Adapt Group and develop internal control policies, procedures, and methodologies. • Training and Awareness: Promote a strong risk culture by training first-line staff on control expectations and risk awareness • Other duties as assigned. Skills and Experience: • Education: Bachelor’s degree required; Master’s degree preferred. • Professional Background: Over 10 years of experience, including senior-level roles in Risk Management within regulated sectors such as banking or commodity trading. • Leadership: Proven ability to lead, mentor, and develop high-performing teams. • Technical Expertise: Strong quantitative background with advanced IT proficiency. • Analytical Thinking: Excellent critical thinking and problem-solving skills, with a structured and strategic approach. • Organizational Skills: Highly organized, with a track record of managing multiple priorities and consistently meeting tight deadlines. • Communication: Exceptional written and verbal communication skills, with the ability to draft clear policies, reports, and provide sound, strategic advice. • Stakeholder Engagement: Strong interpersonal and leadership skills, with the ability to influence and collaborate effectively across all organizational levels. • Confidentiality: Trusted to handle sensitive and confidential information with discretion and professionalism. • Governance: Experience working with boards of directors is desirable. • Regulatory Engagement: Familiarity with regulatory bodies and experience in regulatory interactions is a plus. • Compliance Knowledge: Understanding of regulatory reporting requirements for investment firms, including ICARA, Internal Control Reports, and Recovery Plans is beneficial. • Industry Insight: Experience in the commodities’ trading