Financial Risk Manager - Commodities

  • Full-time
  • Contract Type: Fixed term
  • Directorate: IAG Services

Company Description

Why IAG GBS?

IAG GBS (Global Business Services) is part of International Airlines Group, one of the world’s leading airline groups, with 546 aircraft flying to over 270 destinations, carrying more than 100 million passengers each year.

IAG GBS provides a plug and play platform of scalable, best in class procurement, finance and IT business services to IAG’s operating companies which include Aer Lingus, IAG Loyalty, British Airways, IAG, IAG Cargo, Iberia, Iberia Express, LEVEL and Vueling.

The company is headquartered in Krakow, and has operations in London, Madrid, Barcelona and Dublin.

Job Description


Purpose of the role

The Financial Risk Manager is a finance position within the Group’s Financial Risk Management team responsible for providing strategic leadership for the financial risk management activities of the Group.
In particular responsible for the proposal and implementation of jet fuel and emissions strategies and management of the trading portfolios within the Groups policy framework.

You will make an impact in this role by.

  • Lead the definition of the Group’s fuel and emissions hedging strategy adhering to the Groups policy framework to limit financial risk
  • Build the Groups hedging portfolio through successful execution of day-to-day trading activity in a timely and effective manner
  • Produce and deliver the company's internal and external reporting requirements and provide insight into the Groups risk exposures, hedge positions and derivative portfolio
  • Support the Group and its operating companies in the identification and measurement of financial risk exposures
  • Develop strong relationships with third parties involved in financial risk management transactions
  • Stay up-to-date with developments in global commodity and financial markets and how they impact the Group and its operating companies
  • Promote and implement processes development and improve desk efficiencies
  • Lead, in conjunction with legal counsel, the negotiation of agreements with existing and future trading counterparties
  • Mentor and develop analysts within the Financial Risk Management team

Please note this is a 12 month FTC position.

Qualifications

To succeed in this role, you are likely to have:

Experience

  • Proven experience of managing trading operations, risk identification, analysis and financial market systems
  • Detailed knowledge of the global energy markets, end-to-end commodity lifecycle, market trends and issues relating to financial risks and trading activities
  • Track record of successfully managing relationships with internal and external stakeholder
  • Previous experience in statistics and dataset analytics (using Excel, Python, Excel VBA) desirable

Skills

  • Ability to identify financial risks, gather and analyze data, and present information in a concise and meaningful format for decision making
  • Assertiveness and conviction in taking market positions in the context of trading
  • Able to clearly articulate meaningful insights into market developments and complex financial information
  • Capable of managing multiple, often conflicting, deliverables within tight timeframes
  • Proactive and open minded approach with an ability to innovate and adapt to new ideas, skills and technologies
  • Excellent written and verbal communication skills
  • Excellent team player who enjoys working in an international and multi-cultural environment

Qualifications

  • Bachelors degree or above in Finance, Economics, Mathematics, Statistics, Computer Science or equivalent
  • Professional qualification relevant to Financial Risk Management desirable but not essential

Additional Information

What we offer…

    ·         The chance to enjoy a challenging career in an exciting, fast-moving environment in a dynamic industry.

    ·         The opportunity to work in a multi-cultural environment with great offices in many locations. We aim to provide all our people with a work/life balance, as well as the many benefits offered by a global organisation, including health insurance, pension and performance bonuses. 

    ·         We are an equal opportunities employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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