Senior Market risk manager required for top tier global commodities hedge fund – Office in Amsterdam recruitment

Package offered.
•Base salary-90,000euro-100,000euro
•Bonus-On target-70%-uncapped bonus dependant on team overall performance
•Benefits- The funds executive level benefits package and relocation (if required) is offered for this seniority of hire-including stock options, car and housing allowance.
•The fund has taken a direct strategy to invest significantly more into the commodities physical and paper space due to the recent saturation in the banking industry the fund is investing a large proportion of their 2012 budget into this new project.
 

Ideally they are looking for an individual with 8+ years direct commodities market risk experience and for a candidate that has ambition to progress his/her career into the fund space. The fund has recently hired 2 senior traders from oil major trading firms and is looking to build on their already well established risk platform in this space. As this is a new hire to develop their commodities strategy thee are looking for an entrepreneurial individuall who has a very strong grasp across the whole of the commodities market and who is able to build and run a risk team at the pace and manor required by a top tier fund.

Vacancy Overview.

• Assist the running of the market risk team globally and help build and develop the commodities risk area.

• Challenge and support the trading desk in relation to proposed new deals and strategies (in particular for complex physical strategies).

• Take ownership of the Risk system set-up and drive improvements via projects

• Value added risk analysis of trading strategies.

• Ensure an appropriate daily check and documentation of forward curves used for position valuation against available market data from Information Services, Journals, and Brokers.

• Supervision of the preparation of position and PL reports for the Oil Trading desk’s books on a daily and monthly basis.

• Provide direction to a team of commodities risk analysts.

• Monitoring and improving risk system interfaces.

Skill levels and individual requirements

• Significant experience of commodities in a senior risk management role

• A proven self-starter who thrives under pressure

• Previous risk reporting experience and/or an understanding of Trading an advantage

• Experience of team management or demonstrable experience of managing project teams is required.

• Excellent Excel/VBA skills and SQL/Business Objects if possible

The fund has made it clear that this hire is of great significance to their global business and is open to candidates from different commodity backgrounds, for them it is more about having the right individual who is looking for a new challenge in his/her career.

If you would like to apply for this position please send an up to date resume to risk@selbyjennings.com

Alternatively feel free to call one of our consultants to discuss the role on +44 (0) 2070194136