Director Risk

Suncor Energy•Houston, TX

5d•Onsite

About The Position

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.

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

Benefits

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
Automatic 1.5% profit sharing contribution
Suncor-funded cash balance defined benefit pension plan (vests in 3 years)
Restricted Share Units (RSUs)
Competitive and flexible employee benefits package
3 medical options (including HSA and FSA options)
2 dental options
Vision coverage
Employee Assistance Plan
Generous time-off: Vacation program (based on credited prior experience)
12 additional personal paid time off days annually
Talent development programs: Internal mobility, succession planning, and employee training and development programs