Market Risk Manager, Commodities – Director Level recruitment
A Global Leader within the Commodities industry are looking for a Senior Candidate to head up their Market Risk Division in London.
The successful candidate will have excellent knowledge of the Commodities products, and in particular the various oil products across the barrel. You will also need to have an excellent understanding of the underlying Risk Metrics, and possess a strong Quantitative element to your skill set.
Some of the duties within this position will include:
-Manage, develop and motivate the Market Risk Analysts within the team
-Work in conjunction with your global peer group to ensure that consistent controls and processes are in place across the various teams.
-Ensuring that all PL and VAR movements are fully understood, reconciling how market movements and trading strategies have interacted to create the changes observed.
-Manage the daily relationship with key stakeholders
-Have in-depth knowledge of the Trading activities to understand and explain commercial activities and strategies, providing insights into commercial performance.
-Perform historical/fundamental analysis that can help in the evaluation of trades and trading portfolios.
-Develop and improve the analytical tools and models that automate the processes
-Oversee the origination activity from a Risk point of view, by working with the Quants in the creation of models for the evaluation of structured transactions, providing assistance to the originators and traders in improving suggested structures and complex deals, reviewing and approving such transactions
-Respond to ad-hoc queries from the trading desk and other areas and provide real time support
-Assist in rollout of new commodities and products through project work by testing the system's ability to capture new products and downstream feeds and implementing/managing system change when necessary