Market Risk Manager – Energy Trading House
Our client is a global energy major with an exciting business within the European Gas and Power trading markets head quartered in London, they trade successfully across LNG, Gas and Power. Due to growth they are looking to add to their market leading Risk function with a Market Risk Manager who will report into the Head of Market and Credit Risk.
With three direct reports the Manager of Market Risk is responsible for making recommendations to the Head of Energy Market Credit Risk and the Risk Control Committee to improve reporting and operational risks associated with the trading lifecycle and new investments, hedging strategies and products.
The role
• Create, develop and lead a motivated team committed to continual improvement and personal development
• Develop, maintain and monitor market risk reporting, data validation and analysis to achieve high standards that provides the business with reliable, accurate and insightful market risk information.
• Influencing, guiding and challenging senior managers and stakeholders to improve the quality of commercial decision-making by appropriately considering market risk, for example, through formal risk reviews of new investments, hedging strategies and products.
• Oversee the defined trading risk policies to make sure that they are adhered to and, when required, thoroughly investigate and report all breaches.
The Manager of Market Risk will require significant experience and a deep understanding of energy market risks and their management, the trading life cycle, and the practical implementation of risk indicator methodologies.
Qualifications and experience
• An education to degree standard, preferably above, in a subject with a significant numerical content
• An advanced theoretical and practical understanding of the energy trading risk management, energy markets and energy asset portfolios is required
• Demonstrable record of delivering efficient operational processes and value-adding/risk mitigating analysis
• An up to date and in depth knowledge of energy markets and associated trading risk management systems, processes, policies and methodologies
• Highly analytical and numerical; comfortable and credible discussing technical subject matter
• Exceptional stakeholder management up to and including Exec level, including influencing, negotiation and consulting
All applications are treated with the up most confidentiality. If you would like to find out more about this opportunity please send your CV to Jason Clarke j.clarke@bramwithconsulting.co.uk