GM Risk Controller (Market Risk & Credit Risk)

About the role

Olam Agri's RMS business offers structured price risk management solutions for agricultural commodities, using OTC and exchange-traded strategies. As Risk Controller - Market & Credit Risk, you will act as the second-line head of risk for RMS, overseeing the market and credit risk framework behind its global trading, structured products, margin lending and OTC derivatives business. You will independently oversee trading and counterparty exposures so that risks stay within approved appetite while commercial growth continues.

Key responsibilities

• Market risk oversight: monitor exposures across OTC and exchange-traded derivatives, structured products and commodity-linked portfolios, review positions and hedging effectiveness, and enforce VaR, stress loss, position and stop-loss limits
• Risk analytics: develop and run VaR, Greeks, basis/spread/correlation risk, concentration and liquidity risk, and P&L attribution; evaluate hedge effectiveness
• Stress testing: assess extreme market events, supply disruptions, geopolitical developments, volatility spikes and correlation breakdowns
• Structured product review: check pricing assumptions, hedge strategies, risk limits and capital use before approval
• Credit risk: credit reviews of customers and counterparties, credit ratings and limits, monitoring of current and potential future exposure (PFE)
• Margin lending and collateral: set margining policies, review collateral eligibility and haircuts, and manage margin calls
• Risk governance: design the risk framework, lead policy reviews, ensure adherence to risk appetite and delegated authorities, support risk committee and board reporting, and ensure regulatory compliance
• Stakeholder management: partner with trading, structuring, sales, finance, operations, legal, treasury and senior management, and engage clients on risk, collateral and margining
• Risk infrastructure: build the risk function, improve systems, analytics, reporting, model validation and automation

Required profile

• 10-12+ years in market risk, credit risk, commodity trading risk management or financial risk management
• Proven second-line risk control role, with experience in agricultural commodities, commodity trading houses, OTC derivatives, structured products, commodity finance and lending
• Experience presenting to risk committees, senior management, auditors and regulators
• Master's degree in Finance, Economics, Risk Management, Mathematics or related field, or Chartered Accountant qualification; FRM, CFA or PRM strongly preferred

Required skills

• Commodity markets, exchange-traded and OTC derivatives, option structures and structured hedging
• ISDA/CSA documentation, netting, margining and collateral management
• VaR, Expected Shortfall and stress testing; counterparty credit risk and exposure modelling
• Credit scoring, rating methodologies and financial statement analysis
• Quantitative and analytical capability, strong communication and leadership skills