Commodities market risk manager required for tier 1 global investment bank-*Sign on offered* – London, UK recruitment

The market risk manager will have the following responsibilities:

• Develop key relationships on behalf of the risk department with trading and other key business groups in the front office.

• Risk management of key clients energy portfolios. 

• Development of risk methodology [Var, stress testing, scenario analysis].

• Market analysis of commodity markets – keeping aware of any adverse market changes.

• First point of contact for junior risk analysts and other areas of the business

• Explaining key exposures and limits to trading unit.

• Integration of global risk strategy with US, Europe and APAC region.

• Teaching front office on any risk issues.

• Development of trading strategies – especially physical oil.

• Development of hedging strategies – especially physical oil.

• Working with traders on a daily basis on improving sharpe ratios as well as on VaR reducing trading strategies.

The successful candidate will have the following background and skills:

• Experience of risk management, trading or trade support experience in the commodities market, with a thorough understanding of physical and derivative oil trading and pricing.

• An understanding of VaR would be desirable, but a limited knowledge would be acceptable if offset by sufficient commodities market experience.

• Very strong analytical skills;

• Very strong Excel and VBA skills

• Good communication skills – must be able to understand others’ perspectives and relate complex ideas to different groups, including senior management.

• The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships

• Must be able to work effectively in a team, flexibly handling a wide range of potential issues through all areas of the business for risk.

• Must be capable of working with significant autonomy and ensuring analysis is focused on delivering practical business benefits, often in tight timescales.

Please could you send all resumes to risk@selbyjennings.com if you would like to be considered for this position.