Market Risk Manager

JR United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is searching for a Market Risk Manager to oversee risk management for trading portfolios in the bustling City of London. This pivotal role involves proactive management of risk parameters, daily reporting, and communication with traders and senior management. The ideal candidate will possess a strong background in risk management, particularly in commodities and exchanges, and will excel in quantitative analysis. Join a dynamic brokerage where your expertise will contribute to safeguarding capital and enhancing risk strategies in a fast-paced environment. If you are passionate about financial markets and risk management, this opportunity is perfect for you.

Qualifications

• Strong risk management background with experience in commodities and exchanges.
• Proven quantitative skills with a focus on options pricing and hedging.

Responsibilities

• Manage firm accounts and trading mandates to mitigate risk.
• Develop and maintain Market Risk management systems and reporting.

Skills

Risk Management

Quantitative Analysis

Communication Skills

Relationship Management

Education

Degree in Finance or related field

Professional experience in risk management

Tools

Microsoft Office

VBA in Excel

Job description

Market Risk Manager, London (City of London)

Client:

Location:

London (City of London), United Kingdom

Job Category:

Other

EU Work Permit Required:

Yes

Job Views:

10

Posted:

18.04.2025

Expiry Date:

02.06.2025

Job Description:

Rev & Regs are seeking a Market Risk Manager to work for a dynamic and well-established Brokerage in the City of London.

The candidate will be responsible for the risk management on an intraday and overnight basis, of the firm’s trading portfolios to mitigate risk and protect the Company's capital.

Responsibilities:

1. Proactive management of firm accounts via trading mandates, establishing and management of pre-trade risk parameters, and real-time monitoring of trading activity and losses ensuring exposures remain within parameters. Actions include prompt communication with the firm’s traders on risk parameters breached, and escalation to senior management within the business.
2. Developing and maintaining an effective Market Risk management system. Production of daily reporting on firm positions including initial margin, VaR, Sensitivity Analysis & Stress Testing. Escalating key risk issues to senior business management where required.
3. Daily stressed liquidity analysis of firm portfolios and of individual underlying positions against the firm’s liquid assets.
4. Preparation and presentation of monthly risk reports as required by Senior Management and the Board.
5. Supporting and engagement on allocated projects and system development items as well as proactively working on risk or control improvement ideas within the firm.
6. Responsibility for maintaining and ensuring adherence to relevant risk policies and procedures.
7. To effectively communicate risk management principles to internal and external stakeholders.

Experience:

1. A strong risk management background with experience in LME and commodities and a proven interest in markets (exchanges). Experience of risk managing Exchange Traded Futures & Options.
2. Understanding of pre-trade and post-trade risk controls and their applications.
3. A strong quantitative background gained in education and/or in a professional setting with some focus on commodities options pricing & hedging as well as exposure to risk management concepts, particularly VaR, Sensitivities & Stress Testing.
4. A good understanding of financial markets including processes, controls and responsibilities, gained in a Brokerage or Banking institution.
5. Ability to build and maintain effective working relationships across all areas of the firm and communicate effectively across all levels.
6. Strong Microsoft Office skills, high level VBA skills within Excel.

Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.