Risk Officer - Base Metals

Gunvor SA; Genf; On-site; CHF 120,000 - 180,000; Full time

Job summary

Gunvor SA in Genève is seeking a Risk Officer for Base Metals to lead risk research, deliver daily P&L and VaR reports, and develop tools to improve risk management. You will work with traders and risk teams to ensure accurate exposure calculations and robust reporting.

The role requires a university-level degree (or equivalent), 3+ years in commodity trading risk, and strong Excel/VBA skills. Fluency in English is essential; French is a plus. 100% on-site in Genève.

Qualifications

• University degree or higher professional education (preferred in Computing, Mathematics, Engineering, Economics or Finance).
• Minimum 3 years in a similar risk/commodity trading role.
• Very good knowledge of Excel and VBA; good knowledge of Access and SQL Server.

Responsibilities

• Daily reporting of P&L, exposures, VaR and explanations thereof.
• Manage daily checks on trade capture, trade integrity and completeness between desks and trading system.
• Monitor forward curves and volatilities for accuracy and consistency; provide analytical support to traders.
• Check and assist in capturing and evaluating risk of complex products; apply risk-reserving methodology.
• Prepare reports for management and liaise with IT, Operations, Credit Risk, Finance and Front Office.

Job description

Risk Officer - Base Metals

Gunvor SA Vacant since : 08.10.2026 Number of jobs : 1 1204 Genève (GE) 100% Immediately Permanent

Job Description:The Risk Officer, Base Metals is a member of the Risk team, reporting to the EMEA Risk Team Lead. He/She is responsible for leading research and analysis, delivering reports, and high-quality digital tools to improve decision making and risk management of base metals desk.

Main ResponsibilitiesDaily reporting of P&L, exposures, VaR and explanation thereof.Manage daily checks on, trade capture, trade integrity and completeness between desks and trading system.Monitor forward curves and volatilities for accuracy and consistency.Provide analytical support to the traders on base metals.Check and assist in capturing and evaluating the risk of complex products.Apply risk-reserving methodology to trading P&L.Responsible for monthly translation into accounting of trading results.Month end and year end reconciliations with finance and external auditors as required.Improve existing and develop new daily procedures for management reporting, trade completeness, market data and other such processes as required.Liaise closely with IT, Operations, Credit Risk, Finance, and Front Office.Prepare various reports and analysis for publishing internally and to the Management Board as the case may be.

Base metals MO should have below additional specific knowledge:For physical:London Metals Exchange (LME) pricing mechanics: LME 3M, LME Cash, LME 3rd Wed (monthly settlement) and daily rings (for diff metals), and potentially corresponding knowledge of exchange CME and SHFE.MtM valuations according to time spreads and arbitrages locked (i.e. LME vs SHFE)MtM valuations of various grades of diff metals, quantify and sense check the discounts or premiums.Cost accruals reconciliation according to the delivery locations, spreads locked and freight market.Term contracts and allocation with spot dealsExchange delivery and warrant trading.Solid understanding of the “repos” physical deals (“repurchase deals”) i.e in substance a loan using base metals as collateral or genuine buy/sell trades.

For paper:Familiar with various granularity and expiry of the liquid paper contracts (LME 3M, Cash, daily and monthly; SHFE monthly; CME monthly)FX hedging if material quantity done on SHFESense check liquidity risk of long dated contracts (i.e. 1 year forward contract)

ProfileUniversity degree, preferably in Computing, Mathematics, Engineering, Economics or Finance.Mastery of analytics tools and technologies.Minimum 3 years in a similar role in the commodity trading business, preferably within a major trading house, an oil major, an investment bank or a hedge fund.Very good knowledge of Excel and VBA.Good knowledge of Access and SQL ServerFluent in English, both written and spoken, French is a plus.Curious and ProactiveEager to learn and ability to work with limited supervision.- Rigorous and meticulousStrong communication skillsHighly numerateStrong team spirit

• Work location 1204 Genève (GE)
• Workload 100%
• Employment start Immediately
• Employment duration Permanent

• Work experience More than 3 years
• Education Higher professional education and training, diploma or equivalent

• English Orally : Very good knowledge Written : Very good knowledge

• By online Online form