Market Risk Manager – Commodities recruitment
THE COMPANY:
- Our client is an established and highly regarded commodities trading house. They are seeking an experienced candidate to develop and oversee market risk management across multiple business units.
RESPONSIBILITES:
- Assessment and updating of existing risk systems, reporting and processes.
- Maintenance of new and consistent market risk management procedures (particularly VaR calculations).
- Monitoring, maintaining and managing an appropriate Market Risk Exposure (reporting of daily Risk, Positions and PL, back testing the PL against the risk, etc.,)
- Stress testing, scenario analysis, sensitivity analysis.
- Strategy/convention control and analysis.
- Price validation/discovery processes.
- Introduction of concentration limits.
- Introduction of liquidity reserves, contract specific reserves, model reserves etc.
- Additional ad hoc investigations/projects to ensure adequate management and calculation of Market Risk within the BU.
- Identify and respond to key operational and transactional risk issues
- Identify and investigate issues of non-compliance with limits
- Report issues of non-compliance.
- Preparation and submission of the Risk reports required by the Risk Committee, Senior Management and the Board.
EXPERIENCE REQUIRED:
- Strong Market Risk experience centred on commodity trading
- Relevant professional qualifications are desirable
May 6, 2012
• Tags: Commodities careers in the UK, Commodities recruitment, Market Risk Manager • Posted in: Financial