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Senior Market Risk Manager

Posted 8 days ago

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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