Manager, Risk Control
We are seeking a strategic and hands-on Manager, Risk Control to build and lead our energy commodity risk management function. Reporting to the Senior Director of Finance, this role will play a critical part in developing risk frameworks, systems, and reporting capabilities to support our physical production trading, procurement, and operations teams. The role will also work in close partnership with our Corporate Enterprise Risk Management (ERM) function to align commodity exposures with broader enterprise risk strategies.
Help build and scale the commodity risk function, potentially including recruitment and mentorship of credit risk analysts.
Build and implement comprehensive risk frameworks including VaR, PaR, PFE, stress testing, and scenario analysis.
Develop and enforce risk policies, limits, controls, and governance processes in coordination with finance and ERM.
Create actionable dashboards and reporting packages : MtM, VaR, stress testing, limit breaches, and P&L attribution.
Deliver regular risk insights and reports to the Senior Director of Finance, Risk Committee, and cross-functional leadership.
Serve as the finance liaison and partner to front office teams while proactively surfacing insights and mitigation strategies and to develop effective hedging strategies.
Track and report on open positions, exposures, and counterparty risk; escalate breaches and propose corrective actions.
Monitor daily market, credit, and operational risks across commodity portfolios.
Manage and enhance ETRM platforms (experience with Endur, Allegro, Molecule a plus) and risk data infrastructure.
Review and validate forward curves and pricing inputs for MTM, ensuring consistency with market data.
A Bachelor's Degree (accredited) or in lieu of degree a High School Diploma GED (accredited) and 4 years of relevant work experience. Plus 7 years of previous experience (in addition to education requirement). MBA preferred.
Experience in both physical and financial commodity trading or corporate procurement environments. Experience with building and enhancing ETRM platforms (experience with Endur, Allegro, Molecule a plus) and risk data infrastructure. Proven ability to build or scale a risk function within a trading or asset-intensive environment. Strong interpersonal and communication skills to influence cross-functional stakeholders.
Must be authorized to work in the US. Must be local to the Houston area; no relocations for this role.
Repetitive Motions - Frequently
Eye / Hand / Foot Coordination - Frequently
Sitting - Constantly
Talking - Constantly
Hearing - Constantly
Office : This job primarily operates in a professional office environment and routinely requires the use of standard office equipment such as computers, phones, copy machines, etc.
At WM, each eligible employee receives a competitive total compensation package including Medical, Dental, Vision, Life Insurance and Short Term Disability. As well as a Stock Purchase Plan, Company match on 401K, and more! Our employees also receive Paid Vacation, Holidays, and Personal Days. Please note that benefits may vary by site.
Equal Opportunity Employer : Minority / Female / Disability / Veteran
Risk Control Manager • Houston, TX, US