• Establishes, regularly reviews and improves the market risk framework for the identification, assessment, mitigation, monitoring and reporting of commodities, foreign exchange and other relevant market risks within Gas & Power OMV Petrom Division, in line with OMV Group risk management principles.
• Coordinates and integrates market risk control activities across Gas & Power OMV Petrom Division, ensuring consistent application of risk processes, governance standards and internal directives across all relevant markets and business activities.
• Monitors, controls and enforces compliance with applicable market risk limits, internal regulations, directives and governance requirements across Gas & Power OMV Petrom Division.
• Performs independent market risk assessments for current business activities and potential new activities, products, markets and instruments.
• Reviews market conformity of prices, exposures, correlations, volatility and other relevant risk drivers, ensuring that market risk indicators are accurate, consistent and fit for management decision-making.
• Is responsible for the market risk content of the Annual Hedging Plans, including the definition of hedging guidelines, risk measures, monitoring requirements and reporting approach.
• Defines, implements and monitors financial instruments used for hedging purposes, including FX hedging instruments, swaps and other relevant commodities or financial derivatives.
• Evaluates and reports hedge positions, including hedged volumes, hedge status, stock hedge quantities and other relevant operational hedge indicators.
• Computes, reviews and reports mark-to-market valuation of hedges and related market risk positions.
• Monitors and reports the PnL result of hedging activities and support the explanation of relevant movements, deviations and performance drivers.

• Education: Master's degree in Economics or any comparable education
• Relevant professional experience: >5 years
• Excellent understanding of finance and business areas
• Strong knowledge of commodity, foreign exchange and financial market risk management principles, methodologies and governance frameworks.
• Solid understanding of hedging strategies, financial instruments, mark-to-market valuation, PnL analysis, VaR, exposures, correlations and volatility indicators.
• Ability to assess market risks independently and translate complex risk topics into clear, practical recommendations for management and business stakeholders.
• Strong analytical skills, with the ability to interpret market data, identify risk drivers, monitor deviations and propose appropriate mitigation measures.
• Good understanding of energy markets, trading activities, commercial contracts and risk-relevant contractual provisions, including EFET-related topics.
• Experience in designing, implementing and improving risk reporting processes, controls, methodologies and system-based monitoring tools.
• Ability to work with CTRM, ETRM, market risk and reporting systems, and to support system implementation, enhancement and integration initiatives.
• Strong stakeholder management and communication skills, with the ability to cooperate effectively with Trading & Origination, Finance, Operations, Back Office, management and Group risk control functions.

Bucharest (PC)

• Long weekend plans are always welcome - on Friday, our office hours end at 14.00.
• You can rely on a health insurance that covers medical treatment in a variety of private medical clinics.
• You can work from home, if the work activity allows.
• The number of your days off increase according to your work experience so that you'll enjoy more free time.
• We aim to make your vacation days happier, by paying each vacation day double.
• Are you a top performer? Your work can be rewarded each three months based on performance results.
• Additional days off and various financial support for different events like marriage, child birth, etc.
• Access to LinkedIn Learning and a variety of development programs.
• Do you prefer cars or bikes? We have free private covered parking.