Commodity focused Market & Liquidity Risk Manager
My client is looking for a candidate who has worked on a Commodity trading desk either in a trading house or investment bank. The successful individual will be responsible for understanding, quantifying, reporting and explaining the market risk within the commodities business. This is a key role requiring close communication with the trading desks and interaction with senior management.
Responsibilities include:
* 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 the 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.
Skills required:
* Specific Commodity based risk experience.
* A similar level of experience of futures and listed/OTC options in the energy and financial markets.
* Capable of working alone or in a small team to build on and improve existing processes, extending our understanding of risk.
* Strong communication skills and confidence to challenge the trading team, senior business and support management
* Detailed knowledge of at least one CCP, its margining and default fund(s) arrangements
* High degree of numeracy and sound spreadsheet knowledge
* Excel VBA skills
Global Boutique Investment Bank
Apply below or to find out more about the Commodity focused Market Liquidity Risk Manager job contact Anna Purves on anna.purves@robertwalters.com or call +44(0) 207509 8745 quoting the reference 1862810.
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