Description
A Global Investment Manager is currently looking to onboard a seasoned Risk Manager with specialist experience covering both physical Oil & Power or Gas Trading across the European and the US markets. You will lead research efforts to identify opportunities for improved risk management, work alongside the portfolio managers, strategy formulation and portfolio construction. Responsibilities: Actively managing the firm's risk exposures through regular meetings, analysis and insights. Improve risk analytics for the whole function through scenario analysis and stress-testing models. Lead the specification and implementation of the risk framework for the Commodities business, working closely with the CRO, Head of Business and portfolio managers Day-to-day risk management and monitoring of Commodities trading books Assist traders with analysis of positions, ensuring that risk-taking is appropriate Conduct back testing of risk metrics - including VaR and sensitivity/scenario analysis Provide input into the definition of risk policies and procedures working as a commercial partner to support and challenge the business in day-to-day trading as well as long term strategic deals for business. Perform complex quantitative and qualitative analysis for Traders Developing and advancing stress testing and VaR frameworks. Developing and maintaining a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level. Ability to use trading concepts and knowledge of Oil, Gas, Power markets to identify the main drivers of change in prices, price relationships and their associated Risks. To aid in the development and implementation of the automated and infrastructure projects for the use risk managing and strategy formulation. Lead research efforts to develop innovative risk management approaches, tools and analytics by leveraging the collective knowledge of the platform to improve returns Qualifications: A degree in Quantitative Finance, Mathematics, Physics, or other science disciplines. 7 years' experience as a Risk Manager, Trader or commodities focused role o either the buy-side or sell-side desks. Experience focused on oil and power derivatives markets In-depth knowledge of US/European oil, power and gas markets Strong technical ability using Python for coding, modelling and implementation purposes. Ability to understand and apply risk management concepts, including stress-testing, value-at-risk, liquidity adjusted VaR and scenario analysis. Previous experience working in a Trading house, Hedge Fund or Investment Bank on a commodities desk. Strong understanding of options, mathematics and how they are priced
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