Specialist Financial Risk Managemen

Analyzes, assesses, and evaluates financial data to identify risks and opportunities within the

operations of Bapco Upstream. The Job holder is responsible for identifying potential financial

risks and opportunities, developing mitigation strategies, monitoring their effectiveness and

advising management on the impact on assets, earning capacity, and the overall financial

stability and profitability of the Company.

Job Accountabilities/ Responsibilities:

To implement and execute the following:

-Risk Assessment:

*Conduct comprehensive risk assessments to identify and analyze financial risks in the company,

including commodity price fluctuations, foreign exchange risks, credit risks, interest rate risks,

and liquidity risks.

*Conduct comprehensive risk assessments of investment portfolios, including analyzing market

trends, financial instruments, and economic indicators. Identify potential risks and evaluate their

potential impact on investment performance.

-Risk Mitigation Strategies:

*Develops effective risk mitigation strategies and utilizes financial instruments to minimize the

impact of identified risks.

-Risk Modeling:

*Use sophisticated financial models to quantify and evaluate the potential impact of various risk

scenarios on the company's financial performance. Utilize these models to support decision making processes and optimize risk-adjusted returns.

*Develop and implement risk models to quantify and measure various types of investment risks,

such as market risk, credit risk, liquidity risk, and operational risk. Utilize statistical tools and

financial software to perform sophisticated risk analysis.

-Scenario Analysis and Stress Testing:

*Perform scenario analysis to evaluate the potential impact of different risk factors on the

company’s financial position.

*Design and execute stress tests to assess the resilience of investment portfolios under adverse

market conditions. Evaluate the impact of extreme market events on portfolio value and

recommend risk mitigation strategies.

-Performance Monitoring:

*Continuously monitor and assess the effectiveness of risk management strategies and make

necessary adjustments as market conditions evolve. Provide regular reports and updates to

senior management on risk exposures, hedging activities, and financial performance.

*Continuously monitor investment portfolios and market developments to identify emerging

risks or changes in risk profiles. Collaborate with portfolio managers and traders to implement

risk mitigation strategies and optimize risk-adjusted returns.

-Compliance and Regulation:

*Stay up-to-date with relevant regulatory requirements and ensure compliance with industry

standards and guidelines. Assist in the development and enhancement of risk management

policies and procedures.

-Reporting and Communication:

*Prepare detailed risk reports and presentations for senior management, relevant committees

and stakeholders. Clearly communicate complex risk concepts and findings in a concise and

understandable manner.

-Market Research:

*Monitor and assess market trends, regulatory changes, and economic factors that may impact

the company’s financial position.

*Conduct market research to anticipate potential risks and develop proactive measures to

mitigate them.