Front Office Risk Manager - Energy Trading

Bonhill Partners; Greater London; On-site; GBP 120,000 - 170,000; Full time

Job summary

Bonhill Partners seeks an experienced Senior Front Office Risk Manager to join a high-performing risk function in London. You will partner with trading, origination, analytics and leadership to oversee portfolio risk and governance.

Reporting to the Head of Risk, you will shape risk strategy, mentor junior staff, and provide independent oversight of trading activities, exposures, and strategic initiatives across a complex portfolio.

Qualifications

• Experience in commodity trading or trading-intensive environments.
• Proven track record in market risk or front-office trading roles.
• Experience engaging directly with traders and senior decision-makers.
• Strong understanding of derivatives and portfolio risk management techniques.

Responsibilities

• Provide independent risk assessments across trading portfolios for senior management.
• Collaborate with traders, originators, analysts, and quantitative teams.
• Lead review and approval for new trading activities and initiatives.
• Produce high-quality analysis and reporting for risk committees.
• Coach and oversee Front Office Risk team members.

Skills

Market risk

Quantitative analysis

Portfolio risk management

Python

Tools

Excel

Risk systems

Job description

We are seeking an experienced Senior Front Office Risk Manager to join a high-performing risk function and act as a key partner to trading, origination, analytics, and executive leadership teams. This is a highly visible role offering significant influence over portfolio risk oversight, strategic decision-making, and governance processes.

The successful candidate will combine deep market knowledge, strong quantitative capabilities, and commercial judgement to challenge, support, and guide trading activity across a complex portfolio.

Reporting to the Head of Risk, you will play a leadership role within the Front Office Risk team, helping to shape risk strategy, develop junior team members, and provide independent oversight of trading activities.

You will be responsible for assessing portfolio exposures, evaluating new commercial initiatives, and ensuring senior stakeholders have a clear understanding of material risks and opportunities across the business.

Key Responsibilities

• Provide independent assessment of risk exposures across trading portfolios delivering insightful analysis on market, portfolio, and structural risks to senior management and trading leadership.
• Work closely with traders, originators, analysts, and quantitative teams to understand trading strategies and portfolio positioning.
• Lead the review and approval process for new trading activities, products, and commercial initiatives.
• Produce high-quality analysis and reporting for senior executives and risk committees.
• Provide day-to-day guidance, coaching, and oversight to members of the Front Office Risk team.

Experience & Qualifications

• Significant experience within commodity trading, energy markets, investment banking, hedge funds, or other trading-intensive environments.
• Proven track record in market risk, commercial risk management, or front-office trading roles.
• Experience engaging directly with traders, commercial teams, and senior decision-makers.
• Strong understanding of derivatives, structured products, and portfolio risk management techniques.

Preferred

• Knowledge of Power, Gas, LNG, environmental products, or related commodity markets.
• Experience with quantitative risk models, scenario analysis, and portfolio optimisation techniques.
• Experience developing analytical tools, reporting frameworks, or risk systems.

Technical Skills

• Advanced understanding of market risk methodologies, including VaR, stress testing, scenario analysis, and exposure measurement.
• Strong quantitative and statistical analysis capabilities.
• Advanced Excel skills and experience working with large datasets.
• Familiarity with Python programming, data analytics, or risk technology platforms would be advantageous.