AVP Market Risk Analyst, Commodities
Our client, a major global investment bank with a major UK and international presence is a leader in many global markets and asset classes.
The role is that of Market Risk Manager. You will be joining a team of 12 commodity market risk managers. The area of focus is envisaged to be coverage of the Index and hybrids desk
You will need to ensure monitoring, and exercise control and compliance with the relevant firm policies and procedures. You will also need to demonstrate risk awareness in a broad, forward-looking sense, applying appropriate judgment and making timely decisions to measure and mitigate risk. You need to me committed to the accuracy, integrity and escalation of significant issues to senior management. Furthermore, you have to be able to apply the appropriate level of challenge to the business where this should prove necessary.
- Manage all aspects of Market Risk for the Physical Index and hybrids desks, i.e.,
- Be familiar with products and locations traded and report clearly and concisely on all major positions and risks run by the desk
- Monitor and understand liquidity and performance
- Be aware of global Commodities events and developments and relate them to your understanding of what is in the portfolio and why
- Engage in representations regarding market risk in external and internal meetings
- Review of complex and/or large transactions
- New Products Approvals
- Manage VaR and non-VaR limits and thresholds.
- Explain and escalate all excesses and document corrective actions and/or limit extensions granted
- Make sure that reports are timely, accurate, readable, and insightful
- Participate in ongoing risk system enhancements, model migration projects, and new risk feeds
- Meet all regulatory and audit requirements that pertain to our business
- Help develop and implement new quantitative models for accurate risk assessment, e.g., develop and implement stress testing models based on historical and hypothetical scenarios.
Qualifications /Education:
Bachelor with some quantitative subjects and Masters or additional professional qualification preferred
Experience required:
- Experience in a top tier institution exposed to
- Commodities Market Risk
- Competence with Word / Excel
- Excel VBA skills
- Excellent problem solving ability
- Attention to detail
- Quantitative analysis and research skills
- Innovative and creative thinking
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