Senior Director Risk Management

JOB SUMMARY The Senior Director Risk Management (Enterprise Risk) will establish and lead BKV’s comprehensive risk management framework, ensuring alignment with business objectives and regulatory expectations. Reporting to the Chief Financial Officer, this leader will oversee a small, high-performing team and collaborate across Finance, Operations, Legal, and Strategy. In the first 12–18 months, success will be measured by the design and implementation of an integrated enterprise risk program, including risk identification, prioritization, and mitigation strategies. This role will also provide critical insights to the executive team and board, enabling proactive decision-making in a dynamic energy landscape. The ideal candidate is a strategic thinker and pragmatic problem-solver who thrives in a dynamic, growth-oriented environment. They balance rigor with agility, fostering trust across the organization by listening, engaging, and communicating with clarity. RESPONSIBILITIES Enterprise Risk Framework Development Develop and execute a comprehensive enterprise risk management framework that strengthens resilience and supports growth Establish counterparty credit risk appetite and tolerance levels across all business units Design and implement risk assessment methodologies, including Value at Risk (VaR), Mark to Market (MtM), and stress testing scenarios Drive adoption of tools and analytics that improve risk visibility, scenario modeling, and reporting Strategic Leadership & Advisory Provide strategic insights to senior leadership and the board, highlighting key risks and recommended mitigation strategies Present comprehensive risk management deliverables to executive management, the Risk Committee, and Audit Committee of the Board of Directors Act as a trusted advisor to the CFO and executive team on capital allocation, investment decisions, and corporate strategy from a risk-return perspective Support front office stakeholders in risk-based transactions and business development initiatives Cross-Functional Collaboration Partner cross-functionally with Finance, Operations, Legal, and Strategy to embed risk awareness into decision-making and day-to-day processes Provide analytical support to oil, natural gas, and NGL sales and marketing teams by assessing credit and market risks Collaborate with procurement, marketing, and maritime teams on counterparty risk assessments Championing a proactive risk culture, ensuring leaders at all levels understand and act on critical exposures Risk Categories & Specialized Expertise Evaluate and monitor financial, operational, and strategic risks, ensuring mitigation plans are in place and effective Manage commodity price risk hedging programs and derivative positions Oversee credit risk management, including counterparty assessments, contract negotiations, and collateral management Administer trade finance processes and treasury functions related to trading operations Manage supply chain portfolio risks using financial and market-based metrics, including probability of default analysis Advise on emerging risks, including ESG, cybersecurity, geopolitical, and market volatility, and recommend forward-looking strategies Team Leadership & Development Lead and mentor a risk management team, fostering a culture of accountability, collaboration, and continuous improvement Direct global risk professionals responsible for identifying and mitigating third-party risks Supervise middle office operations, including trade capture, reporting, and position analysis Enhance compliance with regulatory requirements while maintaining a pragmatic, business-enabling approach Technology & Process Enhancement Oversee implementation of ETRM (Energy Trading & Risk Management) systems and databases Lead implementation of collateral management platforms and credit facilities with financial institutions Maintain adherence to Cash Flow and Fair Value Hedge Accounting guidelines Ensure end-to-end transaction accuracy from initial entry through settlement via stringent operational controls EDUCATION & EXPERIENCE Required Education Bachelor’s degree required in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field MBA or Master's in Finance preferred Professional certifications such as CFA, FRM, CPA, or CIA are considered valuable IECA (International Energy Credit Association) membership preferred Experience Requirements 12+ years of experience in the energy sector risk management, with demonstrated progression from analyst to senior leadership roles At least 5 years in a senior leadership capacity, managing risk teams and programs Proven track record in credit risk, market risk, operational risk, and compliance risk management Experience with capital markets transactions and risk management within the energy or natural gas industry Background in both upstream and midstream energy operations preferred PHYSICAL DEMANDS / WORKING CONDITIONS This position is in Denver, CO at BKV Headquarters. Travel up to 20% may be required An indoor working environment that requires the ability to perform repetitive motions and operate standard office equipment SALARY RANGE $146,000 to $270,000 BKV Corporation is a dynamic, values‐driven company with expertise in upstream and midstream unconventional oil and gas investments and production. We believe our focus on visionary strategy, efficient execution, and high-performing teams is key to creating long-term sustainable value and growth. BKV Corporation is an equal opportunity employer. We value diversity and base all employment decisions on qualifications, merit, and business need. #J-18808-Ljbffr

Created: 2025-09-27