Market Risk Manager – Commodities

  • Location
    City of London, London
  • Contract Type
  • Posted
  • Start Date
  • Industry
    Banking (In-house)
  • Salary
    £110000 - £125000 per annum + Plus Bonus + Benefits
  • Expiry Date

Market Risk Manager – Commodities | London | £110,000 – £125,000 per annum Plus bonus and Benefits

My client is a successful commodities trader who specialise in energy, and they are looking for a Market Risk Manager to join the global team!

The role will manage the interface on market risk matters with shareholder risk functions, internal and external audits and a key interface with the commercial teams on risk matters.

The role will involve close liaison with Credit Risk, Internal Audit and Product Control teams and require interaction across the business to maintain a firm control culture.

Key responsibilities of the role:

  • Support the Senior Manager Market Risk to manage and lead the Market Risk team across both Singapore and London offices, providing direction and standards of operational delivery for the function, ensuring a global and cohesive approach
  • Provide visibility of market and operational risks to the Executive team and senior trading management through metrics, exception reports and timely escalation of issues
  • Develop market and operational risk methodologies and solution strategies to ensure the implementation of globally consistent standards, policies, and operating practices
  • Provide technical leadership to ensure accurate and appropriate risk identification, measurement and controls process design
  • Prepare and coordinate Global Risk Committees with the Senior Market Manager and appraise them on key market risks
  • Evaluate and assess new products, trading strategies and new business activities for impact on the Company’s market risk profile and operations
  • Coordinate, where appropriate, the NBC process and structured due diligence around new/material business. Provide practical challenge to new business activity, a full and fair representation of the activity and includes comprehensive due diligence

Essential experience and skills required:

  • Experience in energy market risk management within an investment bank or energy trading company
  • Detailed knowledge of global energy commodity markets and derivatives products
  • In-depth knowledge of risk metrics across market and liquidity risk
  • Track record of risk control leadership in design, implementation and organisational influence
  • Experience in project and people management
  • At least 8 years of professional experience

Technical Requirements

  • In-depth knowledge of risk management processes within a commodity trading environment
  • Expert knowledge of KRIs relevant to energy commodity markets
  • Strong mathematical and analytical skills, including a good understanding of statistics
  • Proficient with Microsoft Office products, VBA, SQL, Matlab, Python, and Alteryx preferred

Please do reach out to me directly to find out more:

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