Commodities Business Control Manager Senior Associate – New York

The Markets BCM (Business Control Management) team is responsible for building, developing and running the controls framework for the Markets businesses globally. They are key partners working with the functional teams to evolve and improve the control environment, to challenge existing practices, to identify and assess risk to the business, and to drive best in class practices.   

The BCM team interacts with multiple line and corporate functions and need to be able to work effectively with senior executives of the firm.  The individual will need to establish very strong relationships with their business and develop a deep understanding of the business, its control challenges, the architecture and products. 

Job Responsibilities

Assisting in the assessment of the end to end control environment and in the resolution of any control issues that surface, including providing a framework for developing “best practice” standards  Seek to mitigate operating risk across functions by proactively identifying and resolving operational risk exposures  Facilitate the execution of control programs such as Risk & Control Self Assessments, Risk Event Reporting, Executive Governance meetings and control forums, etc working with the Business Control Officer and the associated line members. Participate in projects sponsored by Business Control Officer. Includes operating as the project manager on key control initiatives within the BCM space as well as acting as a consultant on control initiatives managed within central control functions.  Preparation and presentation of the monthly Control Dashboard and Business Control Committee , highlighting key areas of the global commodities control environment for senior management. Partner with your Global colleagues to ensure consistency across Global Commodities control landscape Engage on relevant control matters and initiatives pertaining to the Energy Business and Physical Commodities  In this role the individual will interact directly with NA Commodities Traders and multiple line functions, including: Legal and Compliance, Market Risk, Valuation Control, Product and Financial Control, Trade Support, Technology and Operations.    The candidate should be interested in working in a fast-paced and dynamic environment, participating in key initiatives, and becoming involved in a diverse set of issues that will have a direct impact on the future success of the group. In partnership with your Global colleagues, work on all items control related, including: Commodity Governance Forums Oversight of Commodity Scorecards and metrics Liaise with Internal/External Auditors and Regulators Promote Control training, ensuring prioritization and completion Help facilitate Risk Control Self Assessments and Risk and Control programs Participate in preparation and response to key regulatory inquiries and initiatives.  In conjunction with your Global colleagues provide oversight to Commodity projects, including: Investigation of issues within the project Liaising between groups involved, notably between The Trading Desk, Technology, Finance, Risk, and Operations. Contribute to Commodity projects related to merger/reorganizations, system migrations, new products, etc. Work with senior members of the involved teams, using influencing skills to achieve the objectives in an efficient manner

 

Required Qualifications, Skills and Capabilities:

Investigative mindset, able to see issues at both a high-level and in detail. Thorough understanding of end to end product life cycle and controls Strong analytical, problem solving & process re-engineering skills Exceptional organizational and follow-up skills  Excellent Excel, Word, PowerPoint skills    Excellent verbal and written communication skills High level of motivation and diligence   Ability to adapt to changing priorities; Ability to multi-task  Partnering and influencing skills

Preferred Qualifications, Skills and Capabilities:

Commodities experience preferred