Junior Risk Analyst

ED&F Man Commodities; Greater London; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a Junior Risk Analyst to join their Group Risk Desk. This role offers a unique opportunity for a recent graduate or an individual with 1-2 years of experience to immerse themselves in the world of commodities risk. The position involves supporting senior management, engaging in risk control activities, and contributing to the preparation of critical reports. With a commitment to sustainability and corporate responsibility, this dynamic firm fosters a collaborative environment where your insights will directly impact the trading strategies and risk management practices. If you're eager to learn and grow in a fast-paced setting, this is the perfect opportunity for you.

Benefits

Competitive salary

Career development opportunities

Global working environment

Diversity and inclusion initiatives

Qualifications

• Up to 2 years' experience in finance or risk management.
• Understanding of markets, commodities, and derivatives is advantageous.

Responsibilities

• Monitor and report risk metrics for the Commodities Trading desk.
• Assist in risk and financial modelling for trading desk forecasting.

Skills

Financial awareness

Knowledge of commodity markets

Risk metrics knowledge (VaR, stress testing)

IT skills (Excel)

Interpersonal skills

Attention to detail

Education

Degree in Finance or related field

Tools

Excel

Job description

Business Overview

Established in 1783, ED&F Man is an employee-owned agricultural commodities merchant with 2,800 people in 43 countries and annual revenue in excess of $8bn. We trade sugar, coffee, molasses, animal feed and fish oils. Corporate responsibility is ingrained in our culture. We are passionate about sustainable production, take care to limit the environmental impact of our operations and actively support the communities in which we work.

Role Overview

We are looking for a Junior Risk Analyst to join our Group Risk Desk.

This role will ideally suit a high calibre individual with 1 to 2 years’ work experience looking to further their career and develop experience in commodities risk. We will also consider fresh graduates who can demonstrate an interest in risk, markets, commodities and a strong desire to learn.

The role will provide the opportunity to be involved in a variety of risk control activities supporting the Market Risk Managers and overall Risk team. The role will involve extensive exposure to senior management and therefore provides an excellent opportunity for an individual to develop a career in risk management with further specialisation. There is no opportunity to move from this role to a trading position.

Responsibilities

The main focus of the role will be on market risk but responsibilities will cover a broad spectrum of risk management including:

• Supporting risk managers in monitoring, analysing, and reporting risk metrics.
• Preparation of position and P&L reports for the Commodities Trading desk’s books on a daily, weekly and monthly basis.
• Risk measurement and limit checking, including validation of input data and parameters used in the risk models.
• Develop a detailed understanding of the Group’s in-house software systems and monitoring and improving risk system interfaces.
• Exposure reporting across all Business Units, with an investigation into any outliers or limit breaches.
• Assist in value-added risk and financial modelling to support risk and PnL scenario analysis to support trading desk forecasting and budget .
• Daily check and documentation of forward curves used for position valuation against available market data from Information Services, Journals, and Brokers.
• Proactively monitoring the assigned portfolio by tracking the industry / economic/ regulatory developments, counterparty-related news, and other early warning indicators.
• Ongoing liaison with colleagues globally across all commodities, as well as external stakeholders where necessary.
• Supporting the Risk Managers/Senior Managers in the preparation of Risk Committee papers and presentations.
• Involvement in ad hoc projects.

Person Specification

The ideal applicant will have up to 2 years’ experience. There is no requirement for this to be within a risk department, however knowledge or understanding of markets, commodities, and derivatives will be an advantage. We are looking for:

• Financial awareness, highly numerate with excellent academic record.
• Knowledge and experience of the commodity markets for both exchange listed products and OTC derivatives (Swaps, Options).
• Knowledge of various risk metrics such as VaR, volatility, positions management, credit scoring, stress testing, liquidity management, etc.
• Good general IT skills, particularly the use of Excel and the ability to understand system workflow logic and methodology.
• Ability to perform under pressure, efficiently organise workload and meet deadlines.
• Highly developed inter-personal skills, sensitivity to local cultural differences and the ability to communicate in a clear and concise manner are important to the role.
• Ability to work in a team environment and coordinate with various stakeholders, such as front office traders, finance, logistics, and clients spread across different time zones.
• Attention to detail is essential.

We recognise that talent comes in many forms, and we value potential just as much as experience. If this role excites you but you don’t meet every requirement, we still encourage you to apply.

Our Offer

We provide a fast-paced, stimulating and truly global environment, which will stretch your abilities and channel your talents. We also offer competitive salary and benefits combined with outstanding career development opportunities in one of the global leaders in soft commodity trading.

Our Values

Respect, Integrity, Meritocracy, Client Focus, Entrepreneurship

Our values define who we are. They are the fundamental beliefs that determine our actions and guide our behaviour. They influence the way we communicate and collaborate, and define the way we engage with our clients, partners, and communities. Our values are underpinned by a set of essential behaviours, which form part of our performance management approach. Delivering on our objectives is very much about ‘what’ we do, but these essential behaviours also provide a guide and measure for ‘how’ we do things. Our performance essentials are Take Initiative, Self‐Management, Deliver Results and Collaboration.

Our Commitment

We are committed to creating and sustaining an inclusive and diverse work environment where all employees are treated with dignity and respect. We are committed to promoting equal opportunities in employment and are focussed on actively building and developing diverse teams. All qualified applicants will receive equal treatment without regard to race, colour, sex, gender, age, religion or belief, ethnic or national origin, marital or civil partner status, physical or mental disability, military or veteran status, sexual orientation, gender reassignment (identity, gender expression), genetic information or any characteristic protected by local law.

We are willing to make any reasonable adjustments throughout our recruitment process.

To apply you must have the right to work for the provided location.