Market Risk Manager

2 months ago


London, UK, United Kingdom Barclay Simpson Full time

Market Risk Manager – Energy Trading

We are a prominent global player in energy trading, focusing on power, gas, LNG, and energy attributes. Our expertise lies in connecting producers, suppliers, and off-takers within wholesale energy markets. We provide top-tier route-to-market services, utilizing both physical and financial settlement options.

At our London office, which is home to over 250 skilled energy professionals, we collaborate with a global team of 800+ colleagues representing over 50 nationalities across 8 locations. This role is based in our central London office, with a hybrid working model of 3 days in the office and occasional international travel to our other locations.

Key Responsibilities:

As a Market Risk Manager, you will have a vital role in monitoring and managing risk, ensuring continuous improvement as we expand into a multi-location trading model. Reporting to the Head of Market Risk, you’ll work closely with front office teams and other business units. Your responsibilities will include:

  • Overseeing market risk for one of the energy trading desks, focusing on gas, power, and renewables.
  • Managing and mentoring one or two junior team members, building a strong risk management culture within the team and on the trading floor.
  • Maintaining thorough knowledge of trading portfolios while staying informed on market trends and their potential risks.
  • Conducting quantitative analyses of new deals, identifying risks through simulation-based modeling techniques.
  • Working with various business units to create new business frameworks and integrating these into current policies and systems.
  • Enhancing risk management processes, including Value at Risk (VaR), stress testing, and risk-adjusted return evaluations.
  • Assisting with the digitization and modernization of the Market Risk processes.

What We’re Looking For:

  • A deep understanding of physical and financial energy markets, particularly in gas and power trading.
  • Expertise in risk management practices such as VaR, stress testing, and option pricing.
  • Previous experience managing and guiding junior team members.
  • Strong business acumen with the ability to provide informed strategic advice to senior leadership and trading desks.
  • Familiarity with trading platforms like Endur and EOS, along with proficiency in Power BI, Python, and SQL.
  • Excellent communication skills, a keen eye for detail, and exceptional problem-solving capabilities.

Why You Should Apply:

We are dedicated to creating a supportive and adaptable work environment with plenty of opportunities for career growth, competitive benefits, and a commitment to sustainability. If you are driven by a desire to help shape a greener, more sustainable future, we invite you to apply.


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