Director of Market Risk Management

Requisition Number: 26579 

UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products and services through our subsidiaries and the company’s common stock is a balanced growth and income investment. UGI Corporation has paid common dividends for more than 135 consecutive years.

 

In addition to a challenging career and competitive compensation, our employees enjoy:

 

Generous and Family-friendly Health & Welfare Benefits Including:

•    Medical, Vision, and Dental Plans 
•    Optional Health Savings Account
•    Optional Dependent Care Savings Account
•    Paid Maternity/Paternity Leave
•    Work from home policy
•    Employee Assistance Program

 

Additional Benefits Include:

•    401K with a generous company match
•    Tuition Reimbursement
•    Assistance with Professional Credentialing
•    Referral Bonuses
•    Employee Discount Programs

Job Summary

We are seeking an experienced Director to create and lead our Market Risk Management operations. This senior leadership role is primarily focused on market risk management and middle office excellence while incorporating sophisticated quantitative analysis responsibilities to support UGI Corporation and each of its 4 business units. The ideal candidate will be hands-on leader with deep energy markets expertise who can drive risk controls, net exposure quantification, and analytical risk frameworks.

Key Responsibilities

Risk Management and Middle Office Operations

Lead comprehensive centralized market risk management and middle office operations working collaboratively with all four UGI business units (UGI Utilities, UGI Energy Services, AmeriGas and UGI International), coordinating independent risk oversight responsibilities with each business unit front and back-office teams for optimum effectiveness.

• Establish and maintain risk management frameworks, daily risk controls, including portfolio validation, monitoring position limits and credit exposure, counterparty risk assessment, and risk analysis.
• Oversee trade capture, position management, settlement processes, and operational workflow optimization
• Update, implement and maintain commodity risk policy, procedures, and governance structures in alignment with regulatory requirements and industry best practices

Portfolio Validation, Reporting & Analysis

• Lead regular portfolio validation processes to ensure accuracy of positions, valuations, and risk metrics across global operations including mark-to-market valuations, P&L attribution, and performance analytics with global market perspectives

• Prepare weekly, monthly, quarterly, and event driven executive risk reporting and dashboards for VP Global Risk and Compliance, senior leadership and Board of Directors, incorporating global analytics insights, key risk indicators (KRIs), and integrated net exposure perspectives

Scenario Analysis & Stress Testing

• Design and execute comprehensive scenario analysis and stress testing with global market considerations, advanced risk metrics, , correlation analysis, and tail risk measures as appropriate

• Model and forecast potential impacts of extreme weather events, commodity price volatility, geopolitical risks, and operational disruptions across international markets, delivering a simple dashboard showing margin and cash needs under extreme scenarios
• Develop and maintain models for net exposure calculation across all business units, considering cross-commodity correlations and portfolio effects

Team Leadership & Development

• First and foremost, collaborate with Business Units’ Operations, IT, Treasury, Finance, Compliance and ERM leaders and teams to enhance risk culture, systems, analytical capabilities, and data infrastructure
• Mentor junior staff across UGI as necessary and provide technical training on advanced energy risk management concepts, quantitative methods, and global market analysis
• Overtime as needed lead and develop a team of experts, including possibly risk and credit analysts, middle office professionals, and quantitative specialists
• Foster a culture of analytical excellence, risk awareness, and continuous improvement across the organization

Required Qualifications

Education & Experience

• Bachelor's de