17 Oct
Barclay Simpson
London
Job description
Market Risk Manager
Specialisms : Market Risk
- London
- £80,000 - £120,000 Base + Bonus
- Job type : Permanent
- Job reference : JL41792
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Job Advertisement : Market Risk Analyst Commodities Trading (Metals)
Location : London
About Us : Join one of the largest global banks and a leading player in commodities trading. We are committed to excellence and innovation in financial markets, providing robust solutions worldwide.
Contribute to our reputation for quality and integrity.
Position : Market Risk Analyst Commodities Trading (Metals)
Key Responsibilities :
- Daily Analysis : Analyse traded positions, inventory, risk, VaR / SVaR, and stress scenarios.
Ensure actions align with Market Risk and physical commodities risk policies.
- Integrity Attestation : Validate VaR / SVaR integrity by investigating changes to positions and risks, performing key back-testing controls.
Align risk drivers with market risk appetite (ECaP, EaR).
- Risk Identification : Identify and escalate Risks not in VaR (RNiV) to Risk Methodologies & Analytics.
- Risk Factor Maintenance : Maintain metals risk factor time series for VaR and stress formats. Perform historical simulation analysis.
- Parameter Validation : Validate and propose metals risk factor parameters for pillar and point of weakness stresses.
- Risk Controls : Implement, monitor, and review market risk controls and reporting for metals portfolios.
- Risk Simulation : Highlight key risk factors, assessing their P&L; impact using risk simulation tools. Validate hypothetical and actual P&L; for back-testing.
- Compliance : Ensure compliance with market and physical commodity risk regulations, firm’s risk appetite, and frameworks.
- Regulatory Deliveries : Complete regulatory risk deliveries accurately and timely.
- Stakeholder Relations : Build strong relations with Risk Peer departments, Treasury, Finance, and Audit functions.
- New Product Assessment : Prepare and challenge risk assessments for new products to ensure compliance with policies and limits.
- Market Monitoring : Monitor markets to identify developments impacting metals market risk profile.
- Performance Objectives : Meet objectives set by the Head of Market and Liquidity Risk manager.
Qualifications :
- Strong analytical skills with a deep understanding of market risk principles.
- Experience in commodities trading, particularly metals, is preferred.
- Proficient in risk management tools and systems.
- Excellent communication and interpersonal skills.
- Ability to manage multiple tasks and work collaboratively.
- Knowledge of regulatory and exchange standards for market and commodity risk.
Why Join Us :
- Working for an outstanding manager with a brilliant reputation for supporting and developing their team.
- Work with a globally recognised financial institution.
- Dynamic environment with growth opportunities.
- Collaborative and talented team.
- Competitive compensation and benefits.
How to Apply : Submit your CV to jl
▶️ Market Risk Manager
🖊️ Barclay Simpson
📍 London