Senior Manager - Risk (Commodities)

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Company Description

Anglo American Platinum Limited (AAP), currently a subsidiary of Anglo American plc and listed on the Johannesburg Securities Exchange (JSE), is a leading primary producer of platinum group metals with mining, smelting and refining operations that are located in South Africa and Zimbabwe.

Our business is embarking on a significant transformation journey to embed operational excellence and set itself up as a standalone and independent entity. We will be empowered to define and pursue our own strategic vision for our activities in South Africa, Zimbabwe and global marketing capabilities. This new chapter presents a unique opportunity as we focus on enhancing our operational capabilities and accountability for delivering value to our stakeholders. We intend to remain the leading primary producer of platinum group metals, with capabilities across the full value chain from our mines to market. Integrating sustainability in what and how we do, we will play a leadership role to protect and create value, with safety as an overarching and paramount value.

We are looking for talented individuals to join our team. Take the next step in your career with us!

Job Description

Job responsibilities include (but are not limited to):

• Overall responsibility for the Marketing Risk Framework, controls and governance processes for the Marketing business, including engagement with internal and external auditors
• Represent the marketing business and presenting at a Board level including the Audit Committee
• Manage and support the personal and professional development of direct reports to achieve business targets
• Foster cross-commodity collaboration and innovation by initiating relationships beyond the immediate team
• Manage market risk exposure through defining risk strategy, identifying and measuring risks, and active risk management
• Determine and challenge internal KRAs for intercompany commodity transfer pricing and Market Risk exposure
• Provide technical input for the selection and implementation of Marketing's risk systems
• Define and model price curves within the risk systems
• Oversee the development of an in-house pricing engine for Market Risk measurements
• Own VaR methodology, Market Risk Measurement Framework, and tools for effective risk allocation
• Perform back testing of risk calculations to ensure report integrity
• Provide Market Risk input for Marketing Risk Committee (MRC) submissions and challenge cross-team feedback for alignment
• Conduct quantitative assessments on key marketing priorities and transaction structures
• Develop business cases to support or challenge Marketing team priorities and deal structures
• Lead by example to embed Marketing behaviors and act as an ambassador for the Marketing BU with senior stakeholders
• Develop relationships across marketing teams to ensure trust and information sharing regarding new business initiatives
• Implement a purpose-driven, high-performing culture that is aligned with the company values, is inclusive and promotes diversity, supports engagement and fosters continuous improvement to work processes.

Qualifications

• Excellent academic credentials in Business, Finance or Mathematics

Experience

• 7 - 10 years working experience
• Experience working in banking, trading or commodity marketing environment
• Experience in leading a risk management team and people management
• Business process design and development of procedures and policies related to trading and risk management oversight and control
• Understanding and analysing options transactions
• Commodities trading risk management experience is mandatory

Knowledge and Skills

• Proven track record in senior risk management role, ability to influence at C-suite level
• Experience and gravitas to effectively convey key messages to the Board including Audit Committee
• Demonstrate expert quantitative and analytical skills
• Apply expert spreadsheet modelling skills to produce risk reports from data stored in multiple systems
• Establish a thorough understanding of the setup of risk reporting systems, processes, and policies
• Understand production processes, technical characteristics, market dynamics, and commodity applications to deliver value
• Utilize strong interpersonal and communication skills to effectively collaborate and engage with stakeholders
• Negotiate and influence effectively to achieve optimal outcomes

Additional Information

We are committed to operational excellence, leveraging our strengths in mining, processing, and marketing a competitive portfolio of assets. Safety is at the core of our values, shaping our behaviors and ensuring the long-term sustainability of our business. This new chapter allows us to build on our solid foundation by enhancing operational capabilities, increasing accountability, and integrating sustainability into every aspect of our operations. As an independent entity, we are poised to lead in creating and protecting value for all stakeholders.

What we offer

At Anglo American Platinum, we offer a competitive compensation and benefits package to all our employees. Beyond these, you'll enter a workplace brimming with opportunities for professional development. Whether through specialised technical training or our comprehensive leadership programs, we are committed to helping you realise your full potential and find opportunities for career advancement.

Inclusion and Diversity

Anglo American Platinum is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfill their potential.

Anglo American Platinum has a zero tolerance to dignity harms, these include all acts of gender based violence, bullying, harassment and victimisation. Ensuring the safety of our employees extends beyond physical safety and includes the eradication of harmful behaviours from our workplace. This responsibility extends to everyone at Anglo American Platinum both during work hours and outside of work. We are unconditional in creating a respectful, inclusive, and safe working environment to ensure that no colleague will be violated or harassed under our watch.

#LI-AO1