Job Description

:Position DescriptionWithin JERAGM, the Middle Office Department is responsible for supporting the full range of commercial activities, including physical and financial trading across all commodities, with an emphasis on the Risk and Control Functions within JERAGM.The Middle Office Department covers the full range of product control, trade control, market risk and credit risk activities, and has interconnections into the quantitative modelling area and data area. Peripheral to the Middle Office Department, but central to the business activities, is the Control / Risk Management Framework and Internal Control activities.JERAGM was set up as a global trading business with a mandate for sea-borne physical LNG and Coal trading, as well as the associated paper activities. Expansion into new markets and products is currently underway, and combined with our ambition for the future, this has created the need for a senior, strategic role.For major transformation projects, the Senior Manager, Middle Office Transformation will represent the Middle Office Department, and collaborate closely with the other Supporting Functions (Treasury & Finance, Internal Control, Models & Valuations). He/she will assist the VP, MO Transformation in the development, design and implementation of the JERAGM platform, including the associated systems, data and processes.The position will be located in JERAGM\'s Singapore office / headquarters. The Senior Manager, Middle Office Transformation role will report directly to the VP, MO Transformation who is based in Singapore.JERAGM intends to build a best-in-class asset backed trading platform, and the non-Commercial "Supporting Functions" will be a key component to enabling the vision of being agile to capture market opportunities, enabled by quick analytics and decision-making capabilities. The Supporting Functions platform should be flexible to add new activities, new markets and new commodities.Key Role ResponsibilitiesAs part of the Middle Office Department, the Senior Manager, MO Transformation will be responsible for:

• Vision Setting: Working with the VP, MO Transformation and non-commercial functions to engage, challenge and co-develop a vision for the future Supporting Function platform and for the JERAGM of tomorrow. This visioning considers the current limitations, our ambition to develop and manage a world class Middle Office platform, and our broader strategic objectives.
• Alignment with Control Framework: Ensuring alignment with our mandate, our risk policies and control framework, as well as providing input and co-developing changes in our control framework as our platform evolves.
• Strategic Projects: Playing a leading role in our strategic projects (i.e. entry into new markets, our Technology Landscape Evolution project and subsequent strategic projects) as a key interface point with the relevant Supporting Functions.
• Senior-level Engagement: Engaging with and managing Senior Stakeholders across both the Commercial and relevant Supporting Functions, to ensure that the expectations are aligned, issues are addressed and proactive action is taken to capture new opportunities and mitigate risks on the horizon.
• Operational Risk: Work with the Head of Departments to prevent and mitigate the Operational Risk associated with the change from the Strategic Projects, including working closely with Commercial Function representatives to remain responsive, and the relevant Supportive Functions to oversee the resolution and future mitigation.
• Project Management: Overseeing the implementation and delivery -of strategic projects, including representing the relevant Supporting Functions to ensure a fit-for-purpose output, which complies with JERAGM\'s Control Framework, and intent for continuous improvement.
• Workflow and Process Design: Through engagement of, gathering of inputs from and closed-loop feedback communications with the relevant Supporting Functions, shape the associated workflow and processes.
• Project Assurance: Leveraging a strong understanding of the commodity trade lifecycle, ensure that all key elements are captured upfront in the requirements, and follow this throughout the project timeline to the planning and roll-out of testing, and in the overseeing of the hyper-care periods for the project implementations.

Qualifications:Key Qualifications and ExperienceExperience

• Minimum 15 years or more of experience in a risk management or product control position gained within a commodities trading environment;
• Experienced in managing resources, working with challenging stakeholders with tight timelines and overseeing complex projects;
• An understanding of IT architecture, data structures and IT project lifecycles would be key to being successful in this role;
• Professional experience in at least one of our energy products, specifically Coal, Dry-bulk freight, LNG and/or LNG freight, is a requirement, and more than one will be a strong advantage;
• Professional experience in engaging internal stakeholders and other non-commercial teams to ensure ongoing flows and minimizing potential disruptions to operations;

Technical

• Educated to degree level or equivalent professional qualification;
• Excellent understanding of risks in trading businesses and a strong risk mindset;
• Strong understanding of the physical commodity trade life-cycle and derivative products;
• Ability to engage and empathise with stakeholders across the Supporting Functions;
• Good negotiation skills and understanding of contractual frameworks;
• Knowledge of Coal, LNG, Dry-Freight, Emissions, and Power products;
• Strong communication skills in the English language (verbal and written) are required;
• Experience in project management for IT and business change projects for commodity trading companies, including end-to-end planning, engaging in high-level and detailed design, overseeing implementation, test planning and roll-out, and overseeing go-live / hyper-care;
• Structured and methodical approach to problem solving and systems testing;

Person Specification

• Ability to bring tactful leadership to the role, managing various internal and external constraints, while remaining calm, self-aware, and authentic;
• Ability to absorb pressure, transmit clarity and communicate the path forward;
• Structured, organised and accountable;
• Capable to work autonomously is important but also to function as part of a cross-functional team;
• An active listener with the ability to engage stakeholders, solicit and understand requirements (both through direct and indirect communication), canvassing alternatives / options with an objective lens, and demonstrating intellectual flexibility and agility in problem solving ultimately to adopt a "best-of-breed" approach;
• Ability to work within strict and tight deadlines and within policies;
• Ability to influence and persuade - to communicate effectively as well as positively interact with a variety of JERAGM functions, ultimately contributing to the success of the transformation projects;
• Attention to detail and the ability to work logically, consistently, and accurately;
• Computer literate, numerate, and comfortable handling varied and complex data sets;

Role OpportunityThis role offers an excellent opportunity to play a leading role in the transformation of the MO and Risk organisation to achieve its ambitions. It would allow an experienced risk professional to feed into the Vision for the future and achieve it by applying one\'s core functional and leadership skills and develop skills of influencing without direct authority and setting up a system of both individual and shared accountability of different teams within a growing and successful commodity trading business. This is ultimately an individual contributor role, with significant opportunity to influence indirectly, and manage large cross-functional teams and complex workstreams, to realise the Supporting Function platform vision for the JERAGM of tomorrow.About Us:About the CompanyJERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM\'s shareholders are among the world\'s major utilities.JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its in-depth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.Headquartered in Singapore, JERAGM has a global talent pool of close to 300 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Houston).JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

JERA Global Markets