Commodities Derivatives Market risk Manager - Team Head

City of London
23 Sep 2019

Global investment bank seeks a Team Head for the Commodity Derivatives Market risk team.

This role is primary responsible for managing the Commodity Derivatives team in London and is reporting to the Head of FX & Commodities in London.

Main Duties and Responsibilities of Role: The responsibilities for the role are:

 Responsible for measuring, monitoring and analysing the organisation's market risk exposure on a day-to-day and long term basis for various financial products within the Commodity desk.  Responsible for adequate valuation of the organisation's trading risk exposures on a day-to-day and long term basis.

 Responsible for the monthly execution of the global valuation adjustment framework for the Commodity asset class.  Responsible for monitoring trading limits and reviewing transactions over the established limits.  Responsible for P&L production and analysis. 

Support the business by providing risk, P&L production and analysis to aid business management.  Ensuring a timely and accurate Risk and P&L report is produced.  Ensuring that a monthly reporting deliverables are produced to a high standard.  Ensuring that Front Office are appropriately challenged on limit breaches, pricing and strategy.

 The individual is expected to engage with the traders on a regular basis to keep up to date with their trading strategy.  Involved in the FRTB and TRIM deliveries for Commodities.

.  Training junior team members to enhance their knowledge of products, risk and projects Candidate Profile

Qualification/Education Essential: University Degree (2:1 or above) or Equivalent in a relevant qualification. Experience/Knowledge Essential: Several years of market risk experience

Strong product knowledge of commodity derivatives Quantitative background Strong leadership and organisational skills. Desirable: Project Management qualification. Personal Competencies Essential:

Strong Market Risk Management and Product Control knowledge. Good communicator with attention to detail, pro-active, autonomous as well as ability to summarise. Strong team player with ability to work successfully with cross-functional, geographically dispersed teams. Ability to work with Front Office and understand the business perspective of key projects. Flexible approach to role and responsibilities. Ability to manage multiple tasks at the same time.

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.

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