Director Risk

At Suncor, we produce and provide energy.

When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you'll make a meaningful impact in the communities where we live and work.

In this dynamic role, you will represent Suncor as a Director Risk, you will lead the trading mid-office work, located in Houston, Texas. You will be responsible for managing risk control for oil trading (i.e. people management, adherence to Suncor trading policy and procedures). You will also be responsible for driving consistent risk control processes across crude and products trading.

What we offer:

We recognize your contribution and offer a range of rewards and development opportunities designed to support your success. Benefits/perks listed below may vary depending on the nature of your employment with Suncor and the region where you work.

• Compensation: Annual incentive bonus program with a 20% target, 401(k) plan with up to a 6% vested match, pre-tax, Roth, and post-tax options, an automatic 1.5% profit sharing contribution, and Suncor-funded cash balance defined benefit pension plan (vests in 3 years). An additional equity component is provided in the form of Restricted Share Units (RSUs).
• Benefits: Competitive and flexible employee benefits package that can be adjusted to suit the changing needs of your life, including: 3 medical options (including HSA and FSA options), 2 dental options, vision coverage, and an Employee Assistance Plan
• Generous time-off: Vacation program (based on credited prior experience) as well as 12 additional personal paid time off days annually
• Talent development programs: Internal mobility, succession planning, and employee training and development programs are just a few ways we’re dedicated to your development

Minimum Requirements:

• 15–20 years of overall experience in energy trading, risk control, product control, or middle-office roles, including at least 10 years of hands-on crude and refined products risk control experience and demonstrated people leadership
• Expert understanding of the trade lifecycle, including deal capture, valuation, exposure reporting, P&L, limits, controls, settlements handoffs, and related governance
• Deep knowledge of physical and financial crude and refined products markets, including North American and international pricing, fundamentals, tariffs, pipeline systems, terminals, marine logistics, and transportation economics
• Strong working knowledge of trading risk management systems, valuation platforms, market data, reporting tools, and control automation opportunities
• Proven ability to lead cross-functional initiatives, manage change, and deliver process/control improvements across Front Office, Middle Office, Back Office, Finance, Compliance, and Audit stakeholders
• Ability to apply commercial and economic analysis to support operational improvements, risk decisions, governance enhancements, and strategic opportunities
• Strong leadership, communication, and stakeholder-management skills, with the ability to influence at all levels of the organization and build trust with commercial teams

Responsibilities:

• Lead the continuous improvement of trading risk control practices for crude, refined products and marine trading, with oversight of middle-office staff in Houston, Texas and London, England
• Provide leadership for the end-to-end middle-office risk control framework, including valuation, exposure, P&L, limit monitoring, governance, and escalation processes
• Partner with Front Office, Back Office, Finance, Compliance, Audit, and other stakeholders to identify risk blind spots and ensure controls evolve with the growth and complexity of trading activity
• Set clear middle office expectations and build a strong culture of compliance, accountability, and continuous improvement across middle-office teams and geographies
• Develop, coach, and support middle-office staff through day-to-day leadership, training, performance expectations, and succession development
• Ensure risk control processes appropriately address the implications of trading activity across Front Office, Middle Office, and Back Office, including changes driven by new activities, market expansion, systems, or internal audit recommendations
• Advise the Director, Market & Trade Risk Management on governance, risk management initiatives, audit findings, control enhancements, and adoption of new or revised trading risk processes

Location and other Key Details:

• You will work out of the Houston office, located at 2 Allen Centre, 1200 Smith St
• Hours of work are a regular 40-hour work week, Monday to Friday, with the potential for extended work hours based on business needs
• Our business professional roles follow internal compensation guidelines and the pay band will generally be based years of experience and scope of work

Think we are a fit? Apply now!

Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.