Suncor Energy

Director Risk

Suncor Energy • $130K — $180K *
Houston, TX 77084In-Person
Energy & Utilities
11 - 15 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 15-20 years of energy trading, risk control, or middle-office experience
  • 10 years of hands-on risk control experience in crude and refined products
  • Expert understanding of trade lifecycle and related governance processes
  • Deep knowledge of crude and refined products markets in North America and internationally
  • Strong familiarity with trading risk management systems and reporting tools
  • Proven ability to lead cross-functional initiatives and manage change
  • Strong leadership and stakeholder-management skills

Responsibilities

  • Lead continuous improvement of trading risk control practices across various trading segments
  • Provide oversight for end-to-end middle-office risk control framework
  • Collaborate with stakeholders to identify risk areas and adapt controls to evolving trading complexities
  • Set expectations and foster a culture of compliance within middle-office teams
  • Develop and mentor middle-office staff through leadership and training initiatives
  • Ensure risk controls address impacts from trading activity and operational changes
  • Advise on governance and control enhancements related to trade risk management

Benefits

  • Annual incentive bonus program with a 20% target
  • 401(k) plan with up to a 6% vested match and profit-sharing contributions
  • Flexible employee benefits package including medical, dental, and vision options
  • Generous vacation and additional personal paid time off days
  • Robust talent development programs focused on employee growth and internal mobility
Full Job Description
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!

About Suncor Energy

Suncor pioneered commercial development of Canada's Athabasca oil sands — one of the world's largest petroleum resource basins. Since then, Suncor has grown to become a globally-competitive, Canadian-based integrated energy company with a balanced portfolio of high quality assets, a strong balance sheet and significant growth prospects.

Suncor Energy Careers

Join the dynamic team at Suncor Energy, a leader in energy innovation and sustainability. As a company committed to responsible development, Suncor offers unparalleled job opportunities in the energy sector, fostering a culture of leadership, diversity, and continuous growth.

Work You’ll Do

At Suncor Energy, you will engage in meaningful work that pushes the boundaries of traditional energy sources towards cleaner, sustainable alternatives. Our team at Suncor is dedicated to excellence and innovation, working together to master the challenges of energy transformation.

Innovate and Lead

Step into a role that harnesses your skills for impactful changes. Suncor Energy is not just a company; it's a community of professionals driving forward with leadership and innovative solutions. Here, your career will be future-proofed through diverse opportunities in a variety of disciplines from engineering to environmental management.

Professional Growth and Development

Suncor Energy is deeply invested in the professional growth of its employees. With comprehensive training programs and robust diversity initiatives, we ensure that every team member has the resources and opportunities to flourish professionally. Our leadership is committed to nurturing talents through hands-on projects, leadership roles, and continuous learning environments.

Join Our Inclusive Team

Diversity and inclusion are at the core of our employment philosophy. At Suncor, every employee, from interns to senior professionals, brings unique perspectives that are vital for our innovative endeavors. We believe in building a workplace where everyone can thrive, supported by a culture that fosters acceptance and teamwork.

Explore Career Opportunities

Whether you’re starting your career or looking to take it to the next level, Suncor Energy offers a range of positions across multiple fields. Explore job opportunities and internships that align with your career aspirations and skills. Our hiring process is transparent and thorough to ensure that all candidates are given a fair chance to succeed.

Benefits of Joining Suncor Energy

Choosing a career at Suncor means more than just employment. It’s about having access to a variety of benefits that support your professional and personal life. From health and wellness programs to competitive retirement plans, we prioritize the well-being of our team members.

Stay Connected Through Networking

Networking at Suncor Energy opens doors to collaborative projects and professional development. Engage with industry leaders and peers through our internal networking platforms, and stay updated with the latest industry trends and opportunities.

Apply Now

Ready to advance your career at Suncor Energy? Check out our current job openings, tailor your resume, and prepare for an interview that could set you on a path of rewarding challenges and growth. Join us in shaping the future of energy, today.

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Learn more about Suncor Energy
Size
16,922 employees
Market Cap
$41.4 billion
Industry
Energy & Utilities
5 Year Trend
+7.9%
NASDAQ
SU
* Ladders Estimates

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