Commodities Market Risk Manager
Full Job Description
This role is a front office market risk management role, the successful individual will be primarily responsible for the market risk within the commodities and will be required to liaise closely with the trading desks, as well as market risk and credit risk globally, operational risk, product control and regulatory functions firm wide.
- Extensive experience of specific Commodity based market risk experience, with specific LME related experience, listed futures and listed-OTC options in the energy, soft and financial markets; trading experience in addition to market risk management experience beneficial
- Experience of FX market risk management advantageous
- Ideal grade: SVP or experienced VP or equivalent
- Previous exposure OTC and structured commodity derivatives is also required to ensure appropriate challenge and oversight to those instruments
- Proven experience dealing with Regulators (FSA) and Corporate Governance will be essential
- Strong communication skills as this role will not only interface with the trading floor but also senior business and support management; experience in dealing with traders (able to challenge trading activities and decisions)
- Solid knowledge of industry standard risk methodology (VaR, stress and scenario analysis); knowledge of options pricing and trading and risk management, including exotics is considered mandatory
- Manage and report on a range of market risk trading and stress measures; full understanding of these required to ensure the appropriate risk measures are being applied to the respective businesses
- Solid understanding of commodities markets (particularly base metals and agriculture)
- The ability to conceptualise new business requests and present risk analysis to senior management
A leading banking institution
£120,000-£130,000
Where specific UK qualifications are required we will take into account overseas equivalents.
Please quote Michael Page reference when applying Job ref:MPGX13243749
Michael Page International is a world leading recruitment consultancy.
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