Company Overview
Targray - Building sustainable solutions for a world in transition
Established in 1987 in Montreal, Canada, Targray is a global leader in the sourcing, transportation, storage, trading and distribution of commodities and advanced materials for a broad range of industry sectors. Our supply solutions help reduce the world's carbon footprint while enabling our customers to create safer, more reliable products for consumers.
Targray has operations in 11 countries and over $1B USD in annual sales. In 2019, the company made its debut appearance on the FP500, Financial Post's ranking of the top 500 corporations in Canada by revenue.
- Great Place to Work® | Best Workplaces in Quebec (2020, 2021)
- Deloitte | Best Managed Companies (2019 - 2022)
- EY Canada | Quebec Entrepreneur of the Year (2016)
- HSBC | International Business Award (2012)
- Profit 100 Fastest-Growing Companies in Canada (2006, 2009)
Job Summary
Targray is seeking a Market Risk Manager to join our Risk Team based in our Gurgaon, Haryana office. The Market Risk Manager will play a key role in supporting and advancing the growth of the Market Risk department. The successful candidate will play a key role in implementing best-in-class market practices, leading a team of risk professionals, and developing new models and systems as Targray expands its business. This role will report to the Director of Risk Management.
Key Responsibilities
Ensure robust market risk management processes and controls are established across all business divisions, and implement improvements based on evolving market conditions and company needsEnsure the timely and accurate reporting of risk data, including exposure, mark-to-market, and Value at Risk (VaR)Oversee the market risk function, leading a team of both junior and senior risk analysts in different locations and time zonesCollaborate with stakeholders to design and implement controls, dashboards, and tools within the company's risk management frameworkSupport decision-making by providing risk insights and recommendations to traders and managementServe as a subject matter expert in the implementation of Targray's in-house Commodity Trading and Risk Management (CTRM) systemPrepare ad-hoc risk analysis reports for decision-making, strategic initiatives, and regulatory complianceQualifications And Skills
Master's degree in Finance, Economics, Engineering, or a related field. Advanced certifications (e.g., FRM, CFA) are a plusMinimum of 5 years of experience in market risk, preferably within a commodity trading environment (experience in oil and / or renewable fuels is highly desirable)In-depth understanding of pricing mechanisms for financial derivatives (futures, swaps, options) and physical commoditiesStrong quantitative skills, with the ability to assess and model complex market risk scenarios and derive actionable insightsProficiency in programming languages such as Python, R, or similar, as well as experience with data analysis tools such as PowerBIExperience with commodity trading and risk management systemsComfortable working in a fast-paced, dynamic environmentAbility to manage multiple priorities and meet competing deadlinesResults-driven, efficient, and detail-orientedExcellent communication skills, with the ability to collaborate in teams while also being resourceful and independentExperience managing multi-cultural teams across diverse geographical locationsBenefits
A competitive remuneration plan and an excellent working environment in a growing multinational organizationBeautiful, spacious and modern workplace environmentFlexible work arrangement policyOff-site Team Building and experiential developmentLife Insurance and Accidental Insurance for SelfFree Medical Insurance for Self and FamilyA spacious office cafeteria providing nutritious complementary meals 5 days a weekGym BenefitsCorporate Team Fun ActivitiesDiversity & Inclusion
Diversity and inclusiveness are at the heart of who we are and how we work. We are committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We welcome and embrace the diverse experiences, abilities, backgrounds, and perspectives that make our people unique and help guide us. When people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.
For more information about our company, please visit https : / / www.targray.com / .
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Skills Required
Market Risk Management, Powerbi, Python