Lead Risk Advisor

Company Overview

At Motiva, our employees’ energy, passion, and dedication to excellence are what make us who we are and what allows us to generate energy that makes a house a home, gets us from point A to point B, and enables our health and wellbeing. We invest in every aspect of our employees’ lives because, at Motiva, our people matter. Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the Americas.

The company’s Port Arthur Manufacturing Complex in Port Arthur, TX, is comprised of North America’s largest refinery with a total throughput of 720,000 barrels per day, the largest base oil plant in the western hemisphere, and an integrated chemical plant. Under exclusive long‑term brand licenses with Shell and Phillips 66 (for the 76® brand), Motiva’s commercial operations supply more than 12 billion gallons of fuel to customers annually.

Motiva is wholly owned by Aramco, one of the world’s largest integrated energy and chemicals companies.

Motiva seeks an experienced, principled Lead Risk Advisor to serve as a senior individual contributor within the independent second‑line Middle Office risk control function. This role owns end‑to‑end risk analysis and controls for assigned portfolios while providing technical leadership across the analyst team. It partners with Commercial, Supply Optimization, Finance, and IT to improve data quality, strengthen controls, and enable new activities within the Motiva Risk Policy framework.

The position is an on‑site role at Motiva’s downtown Houston corporate headquarters and operates on a 9/80 work schedule, providing alternating Fridays off to support work‑life balance.

• Own risk analysis for assigned portfolios, including exposure and P&L analysis.
• Maintain exposure decomposition standards and ensure consistent application across positions and hedges.
• Independently validate exposures (inventory, pricing, flat price, spreads) and ensure valuation integrity.
• Lead daily P&L validation, perform attribution analysis, and publish driver commentary.
• Investigate and resolve exposure/P&L discrepancies.
• Ensure adherence to risk policies, limits, and SoD standards; identify and escalate exceptions.
• Track KPIs and incidents; recommend control enhancements based on trends.
• Deliver scenario‑based, forward‑looking risk insights to support commercial decisions.
• Communicate complex risk topics clearly to stakeholders.
• Lead risk assessment and control design for new activities, including methodology and readiness.
• Provide delegated sign‑off on methodology changes, reporting, and readiness.
• Own and enhance risk reporting and dashboards (e.g., Power BI).
• Act as product owner for ETRM/risk enhancements (requirements, UAT, controls validation).
• Drive automation and process improvements to strengthen control effectiveness.
• Provide technical leadership, coaching, and review of analyst work; serve as escalation point.
• Establish standards, templates, and best practices across the function.

Required

Education and Experience:

• Bachelor’s in Finance, Economics, Accounting, Engineering, or other mathematical/quantitative discipline.
• 7+ years in market risk, middle office, commodity analysis, or risk control.
• Strong expertise in exposure measurement, decomposition, and daily P&L validation.
• Deep understanding of inventory and price risk across physical and derivative positions.
• Experience across commodities (e.g., Crude and Refined Products) and transaction life cycles.
• Proficiency in ETRM systems (Right Angle preferred) and Excel.
• Proven ability to resolve discrepancies cross‑functionally and deliver clear risk insights.
• Working knowledge of logistics (pipeline, marine, rail, truck) and valuation impacts.
• High integrity and independence consistent with a second‑line role.

Preferred

Education and Experience:

• Master’s degree and/or CFA, FRM.
• Proficiency in Power
  
  BI, python, R, or other reporting tools and programming languages.
• Experience with ETRM implementations, reporting builds, or risk analysis platform enhancements.
• Knowledge of VaR, scenario analysis, and stress testing.
• Experience with crack spreads…