Senior Market Risk Manager

1 week ago


London, UK, United Kingdom Barclay Simpson Full time

About the Role:

My client is seeking a Market Risk Manager to oversee risk control for the Traded Energy business within Global Markets.


Key Responsibilities:

  • Daily analysis of traded positions, inventory risk, VaR/SVaR, and stress scenarios.
  • Ensure integrity of daily VaR/SVaR, investigate changes, and perform back testing controls.
  • Identify and escalate Risks not in VaR (RNiV).
  • Maintain risk factor time series for energy assets.
  • Propose design input to energy risk factor parameters on pillar stresses.
  • Develop and monitor market risk controls and reporting for energy portfolios.
  • Highlight key risk factors and concentrations using risk simulation tools.
  • Ensure compliance with market and physical commodity risk regulatory standards.
  • Complete regulatory risk deliveries accurately and timely.
  • Build strong relations with Risk, Treasury, Capital Management, Finance, and Audit teams.
  • Prepare and challenge new product and process risk assessments.
  • Monitor markets to identify developments impacting the energy business risk profile.


Qualifications and Experience:

  • Minimum 5 years in Energy trading across global jurisdictions.
  • 2+ years in market risk or product control in Energy at a Senior Manager level.
  • Strong technical knowledge of derivative and physical energy products.
  • Proficient in UK, US, and Asia energy exchange futures, OTC products, and financing/intermediation of physical energy products.
  • Strong communicator with the ability to challenge senior stakeholders.
  • In-depth knowledge of market and physical commodities risk management regulatory aspects.
  • Degree in a Quantitative/Science or Accounting field.


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