Market Risk Manager

4 weeks ago


London, Greater London, United Kingdom Eni Full time
Job Title: Market Risk Manager - Crude Oil Expert

About the Role:
We are seeking a highly skilled Market Risk Manager to join our team at Eni. As a Market Risk Manager, you will be responsible for overseeing and managing the market risk associated with physical crude oil and derivatives business of the company.

Key Responsibilities:

* Manage a team of analysts and ensure all risk and P&L reports are delivered to front office and management in timely manner
* Monitor market conditions and supply-demand dynamics to identify potential tail risks and assess the impact of market events and potential scenarios on the physical crude oil portfolio
* Conduct in-depth analysis of market data, including historical prices, volatilities, and other relevant indicators
* Conduct comprehensive pricing analysis, using various quantitative techniques, to assess the tail risk and economic valuation of different complex physical and derivatives transactions
* Collaborate with internal stakeholders to identify, measure, and manage risk exposures across various business functions
* Provide regular updates to senior management, highlighting market trends, risk exposures, and recommended actions

Requirements:

* Bachelor's degree or higher in Finance, Economics, or a related field
* Extensive market risk or product control experience in commodity trading, with a specific focus on physical crude oil and derivatives market
* Strong understanding of global commodity markets, including pricing mechanisms, trading dynamics, and risk management practices
* Excellent analytical skills, with the ability to interpret complex data, identify patterns, and make data-driven recommendations
* In-depth understanding of risk measurement techniques, including value at risk (VaR), stress testing, scenario analysis, and other advanced statistical methodologies
* Familiarity with relevant risk management software and ETRM systems
* Strong proficiency in programming languages such as Python, MATLAB, SQL with experience in implementing risk and pricing models
* Excellent communication and presentation skills, with the ability to convey complex concepts to both technical and non-technical stakeholders
* Strong leadership skills and willingness to mentor juniors and grow the team

Location: Eni House, 10 Ebury Bridge Road, SW1, London

Contract type: Permanent

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