Job Title: Market Risk Manager – Energy Trading

Barclay Simpson; London; On-site; GBP 150,000 - 200,000; Full time

Job summary

A leading energy trading firm is searching for an experienced Market Risk Manager to oversee risk across gas, power, and renewables. The role involves developing risk measurement methodologies and interacting with trading teams. This vital position promises competitive compensation and growth opportunities in a dynamic industry.

Benefits

Impactful role in energy trading

Opportunities for career development

Support for work-life balance

Qualifications

• Strong understanding of energy markets, especially gas and power.
• Proven experience with VaR, Stress Testing, and Option Pricing.
• Experience in managing junior team members.

Responsibilities

• Lead market risk management strategy across trading desks.
• Manage and develop junior resources, promoting best practices.
• Enhance market risk models and methodologies.

Skills

Market Knowledge

Risk Management Expertise

Leadership

Technical Proficiency

Commercial Acumen

Problem Solving

Communication

Tools

Power BI

Python

SQL

Endur

EOS

Job description

Sorry, applications for this particular Job have now closed.

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We’re working with a leading asset manager seeking a talented Investment Risk Analyst to join their team.

Location and Reporting

Location: London
Reports To: Head of Market Risk

About the Role

We are seeking a talented and experienced Market Risk Manager to play a key role in the risk management function of a leading energy trading firm. This exciting opportunity will allow you to manage market risk across gas, power, and renewables, while contributing to the ongoing development of risk measurement methodologies, processes, and systems. As part of the team, you will have close daily interaction with the front office and various business units, helping to ensure that risk management practices support the trading strategies and goals of the business.

Key Responsibilities

• Market Risk Oversight: Lead the market risk management strategy across one of the trading desks, with responsibility for gas, power, and renewable energy portfolios.
• Team Leadership: Manage one or two junior resources, fostering a culture of risk awareness and best practice on the trading floor.
• Portfolio Analysis: Maintain an in-depth understanding of trading portfolios and stay updated on developments in energy markets, assessing their potential impact on risk.
• Risk Modelling: Quantitatively analyse new deals using simulation-based modelling and other risk assessment techniques to identify embedded risks.
• Policy & Process Development: Collaborate with relevant teams to design and implement new business frameworks, ensuring changes are integrated into current risk policies and systems.
• Improvements to Risk Processes: Lead efforts to enhance market risk models and methodologies, including Value at Risk (VaR), stress testing, and risk-adjusted return assessments.
• Digital Transformation: Support the digitisation of the Market Risk function, leveraging technology to improve efficiency and accuracy in risk management processes.

Required Skills and Experience

• Market Knowledge: Strong understanding of physical and financial energy markets, with specific expertise in gas and power trading instruments.
• Risk Management Expertise: Proven experience with key risk management techniques, including Value at Risk (VaR), Stress Testing, and Option Pricing.
• Leadership: Experience in managing and developing junior team members, promoting best practices, and fostering a culture of risk awareness.
• Technical Proficiency: Familiarity with risk management systems like Endur or EOS, and practical experience with Power BI, Python, and SQL for data analysis.
• Commercial Acumen: Strong commercial awareness, with the ability to interpret complex deals and provide strategic advice to senior management and the front office.
• Problem Solving: Exceptional attention to detail and strong analytical skills with a proactive approach to continuous improvement.
• Communication: Excellent communication skills with the ability to engage at all levels and collaborate effectively across functions.

Why Join Us?

• Impact: Play a vital role in an organization that is focused on maximizing profit from trading energy products and contributing to a sustainable future.
• Growth: Take part in a high-impact role with opportunities for career development and the chance to shape the future of market risk in a dynamic, evolving industry.
• Flexibility & Wellbeing: We are committed to supporting a healthy work-life balance, with flexibility and an inclusive culture.

Compensation: Competitive base salary with an attractive bonus structure and a comprehensive benefits package.

How to Apply: If you are an experienced market risk professional with a passion for energy trading and risk management, please send your CV and cover letter to [e-mail].

Application Deadline: Early application is encouraged as we will review applications on a rolling basis.

We seek individuals from a diverse talent pool and encourage applicants from underrepresented groups to apply to our vacancies. Our commitment to fair recruitment processes means that we welcome applicants from all backgrounds, regardless of their lived experience or personal characteristics. We also invite applicants who meet most of the listed requirements, even if not all, to apply. If you require any adjustments to the application process, please let us know.

Barclay Simpson acts as an Employment Agency for permanent positions and an Employment Business for temporary/contract engagements.