Description
JOB SUMMARY
The Senior Director Risk Management (Enterprise Risk) will establish and lead BKV's comprehensive risk management framework, ensuring alignment with business objectives and regulatory expectations. Reporting to the Chief Financial Officer, this leader will oversee a small, high-performing team and collaborate across Finance, Operations, Legal, and Strategy.
In the first 12-18 months, success will be measured by the design and implementation of an integrated enterprise risk program, including risk identification, prioritization, and mitigation strategies. This role will also provide critical insights to the executive team and board, enabling proactive decision-making in a dynamic energy landscape.
The ideal candidate is a strategic thinker and pragmatic problem-solver who thrives in a dynamic, growth-oriented environment. They balance rigor with agility, fostering trust across the organization by listening, engaging, and communicating with clarity.
RESPONSIBILITIES
Enterprise Risk Framework Development
- Develop and execute a comprehensive enterprise risk management framework that strengthens resilience and supports growth
- Establish counterparty credit risk appetite and tolerance levels across all business units
- Design and implement risk assessment methodologies, including Value at Risk (VaR), Mark to Market (MtM), and stress testing scenarios
- Drive adoption of tools and analytics that improve risk visibility, scenario modeling, and reporting
Strategic Leadership & Advisory
Provide strategic insights to senior leadership and the board, highlighting key risks and recommended mitigation strategiesPresent comprehensive risk management deliverables to executive management, the Risk Committee, and Audit Committee of the Board of DirectorsAct as a trusted advisor to the CFO and executive team on capital allocation, investment decisions, and corporate strategy from a risk-return perspectiveSupport front office stakeholders in risk-based transactions and business development initiativesCross-Functional Collaboration
Partner cross-functionally with Finance, Operations, Legal, and Strategy to embed risk awareness into decision-making and day-to-day processesProvide analytical support to oil, natural gas, and NGL sales and marketing teams by assessing credit and market risksCollaborate with procurement, marketing, and maritime teams on counterparty risk assessmentsChampioning a proactive risk culture, ensuring leaders at all levels understand and act on critical exposuresRisk Categories & Specialized Expertise
Evaluate and monitor financial, operational, and strategic risks, ensuring mitigation plans are in place and effectiveManage commodity price risk hedging programs and derivative positionsOversee credit risk management, including counterparty assessments, contract negotiations, and collateral managementAdminister trade finance processes and treasury functions related to trading operationsManage supply chain portfolio risks using financial and market-based metrics, including probability of default analysisAdvise on emerging risks, including ESG, cybersecurity, geopolitical, and market volatility, and recommend forward-looking strategiesTeam Leadership & Development
Lead and mentor a risk management team, fostering a culture of accountability, collaboration, and continuous improvementDirect global risk professionals responsible for identifying and mitigating third-party risksSupervise middle office operations, including trade capture, reporting, and position analysisEnhance compliance with regulatory requirements while maintaining a pragmatic, business-enabling approachTechnology & Process Enhancement
Oversee implementation of ETRM (Energy Trading & Risk Management) systems and databasesLead implementation of collateral management platforms and credit facilities with financial institutionsMaintain adherence to Cash Flow and Fair Value Hedge Accounting guidelinesEnsure end-to-end transaction accuracy from initial entry through settlement via stringent operational controlsREQUIRED SKILLS
Industry & Technical Expertise
Extensive experience in energy sector risk management, including oil, natural gas, NGL, and LNG marketsDeep knowledge of OTC derivatives, margining, and credit agreement negotiationsProven expertise in commodity trading, risk management, and natural gas marketingProven success in designing and leading enterprise risk management programsTrack record of leveraging data analytics in risk decision-makingExperience with regulatory frameworks, including Dodd-Frank and SOX complianceLeadership & Management
Advanced leadership and management skills include achieving results through influence, guiding performance and development, and fostering a motivating and inclusive workplaceDemonstrated success managing global teams of 25+ risk professionalsExperience of serving on corporate boards and presenting to board-level committees.Ability to thrive in a dynamic, fast-paced environmentAnalytical & Technical Skills
Advanced proficiency in stress testing, scenario analysis, and valuation methodsExperience with portfolio management and quantitative / qualitative risk assessmentsAdvanced proficiency in Microsoft Office and job-related applicationsKnowledge of credit default swaps and other credit risk mitigation instrumentsCommunication & Collaboration
Expert interpersonal, collaboration and communication skillsProven ability to support business development and maintain extensive industry connectionsAdvanced attention to detail, organization and prioritizationExpert cognitive, decision-making and problem-solving skillsGrowth mindset with an expert ability to innovate, embrace change and have gritEDUCATION & EXPERIENCE
Required Education
Bachelor's degree required in Finance, Accounting, Economics, Business Administration, Risk Management, or a related fieldMBA or Master's in Finance preferredProfessional certifications such as CFA, FRM, CPA, or CIA are considered valuableIECA (International Energy Credit Association) membership preferredExperience Requirements
12+ years of experience in the energy sector risk management, with demonstrated progression from analyst to senior leadership rolesAt least 5 years in a senior leadership capacity, managing risk teams and programsProven track record in credit risk, market risk, operational risk, and compliance risk managementExperience with capital markets transactions and risk management within the energy or natural gas industryBackground in both upstream and midstream energy operations preferredPHYSICAL DEMANDS / WORKING CONDITIONS
This position is in Denver, CO at BKV Headquarters.Travel up to 20% may be requiredAn indoor working environment that requires the ability to perform repetitive motions and operate standard office equipmentSALARY RANGE
$146,000 to $270,000BKV Corporation is a dynamic, values-driven company with expertise in upstream and midstream unconventional oil and gas investments and production. We believe our focus on visionary strategy, efficient execution, and high-performing teams is key to creating long-term sustainable value and growth.
BKV Corporation is an equal opportunity employer. We value diversity and base all employment decisions on qualifications, merit, and business need.
Required Skills
Pay Range
$146,000.00 Annually to $270,000.00 Annually