Tier 1 Investment bank seeks VP Level commodity risk manager with experience with oil, gas and power options portfolios
Tier 1 Investment bank seeks VP Level commodity risk manager with experience with oil, gas and power options portfolios
New York, USA
Salary – Base: $140,000 – $180,000 / 50% Bonus
A top tier European investment bank is looking for a VP level market risk manager who has experience managing risk across commodities options portfolios including oil, gas and power. The commodity options desk has been one of the most successful across the business over the last year and the group is now looking to expand the group and they are looking for this to become one of their core businesses. The ideal candidate will have a strong quantitative background and has experience with commodity options. Due to the nature of the work it would also be helpful if the candidate has had experience within a top tier investment bank but this is not a pre-requisite. This role will work directly with traders and front office quants and the group are looking for someone who is able to come in and hit the ground running.
This role will give the successful candidate the opportunity to:
- Cover industry leading commodity options portfolios
- Work directly with the front office
- Responsibility for setting Market Risk Limits Framework
- Track current market environment against core risks to ensure PL surprises are avoided
- Utilize their quantitative skills
The successful candidate is likely to have the following skills:
- Good understanding of commodity options including oil, gas and power
- Strong analytical and quantitative skills with appropriate Mathematical background
- Clear oral and written communication skills
- Quantitative background including quantitative degree at least at Masters level.
- Good programming skills
This is an ideal opportunity for someone to make the move from a top tier investment bank, leading fund or asset management firm and take the next step in their career. The firm has stated that this hire is instrumental for their plans for growth over the next year and they are interested in seeing a range of candidates from different backgrounds within risk management.
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