Market Risk Manager - Commodities Business

As a Market Risk Manager responsible for coverage of the Commodities business, you will work with a team whose mission is to provide effective market risk oversight while supporting the expansion of the trading business.

Your key responsibilities

• Engage and challenge Front Office (FO) desk heads and senior traders with respect to exposures, valuations, new business, market activity, risk culture, controls, and risk appetite; escalate risk exposures and issues as required to senior management within the CRO function, as highlighted by daily monitoring of exposures against limits, driving both the articulation and adherence to risk appetite.
• Ensure risk completeness and accuracy, limit frameworks and appetite are commensurate with infrastructure, and that the “risks-not-in” framework is fully elaborated.
• Partner with other Market Risk teams, and other Risk management functions, to ensure that the full suite of valuation processes, risk metrics, stress testing and reporting infrastructure, and controls, are developed and implemented to support the commercial build-out of the Metals and Energy businesses.
• Highlight and review key risks and new important trades/products, approving where necessary, and escalating emerging risks, concentrated positions, and any risk position that is particularly vulnerable to plausible stress scenarios or current market conditions.
• Front Office: challenge the desk on the key risks as above, and work cooperatively to allow the growth of the business within the firm’s risk appetite.