Market Risk Manager for Commodity Trading
7 days ago
Estimated salary: £120,000 - £180,000 per annum.
Company OverviewCaia - Jobboard is a leading platform for job seekers and employers in the energy and commodity trading sector. Our mission is to provide innovative solutions for recruitment and talent acquisition.
Job DescriptionWe are seeking an experienced Market Risk Manager to join our team in London. The successful candidate will be responsible for leading the risk management function and ensuring that all market risk activities are properly managed and controlled.
- Key Responsibilities:
- Develop and maintain engines for calculating Value-at-Risk (VaR), Conditional Value-at-Risk (CVaR), and Potential Future Exposure (PFE).
- Conduct in-depth quantitative analysis across the risk and credit functions to ensure that models and portfolios are performing as intended.
- Oversee all market risk activities, including the preparation of daily, weekly, and monthly market risk reports.
- Provide support within the Market Risk team for the validation and development of risk models, including system testing and optimisation.
- Liaise with Commercial / Front Office (Trading and Origination), Middle Office Functions, and Shareholder departments.
- Design and implement a holistic risk control framework with a focus on market risk.
- Qualifications:
- A degree in Quantitative Finance, Mathematics, Physics, or other science disciplines.
- 12 years' experience min. sitting in a similar position within a commodity trading house.
- Detailed knowledge of Value-at-Risk, scenario analysis, back testing / stress testing, expected shortfall, and other market risk techniques.
- Knowledge of the market risk associated with physical commodities, traded and real option portfolios.
As a Market Risk Manager at Caia - Jobboard, you will enjoy a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.
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