Market Risk Manager – Commodities

Barclay Simpson; Greater London; On-site; GBP 100,000 - 150,000; Full time

Job summary

Barclay Simpson is seeking a VP-level Market Risk Manager to lead risk oversight for commodities in its London-based risk management function. The role offers broad interaction with front office trading teams and senior stakeholders while delivering risk governance across oil, energy and agri products and related derivatives.

The successful candidate will bring 7–12+ years in market risk, strong quantitative capabilities, and a collaborative approach to challenge risk metrics and governance

Qualifications

• 7–12+ years of experience in Market Risk Management.
• Strong knowledge of commodities markets and derivatives.
• Experience with VaR, stress testing and scenario analysis.
• Excellent analytical and communication skills.
• Ability to engage with senior stakeholders and front office teams.

Responsibilities

• Provide independent market risk oversight across trading desks.
• Monitor and analyse exposures for derivative and structured products.
• Review risk metrics including VaR, stress testing, scenario analysis, sensitivities and Greeks.
• Collaborate with trading, structuring, finance and model/risk methodology teams to ensure robust risk governance.
• Support oversight of cleared products, margin methodologies, and capital/liquidity impacts.
• Contribute to risk appetite frameworks, limit monitoring, and escalation processes.
• Participate in new product approval processes and assess risks of complex transactions.
• Deliver clear reporting to senior management and risk committees.

Skills

Market risk management

VaR

Stress testing

Scenario analysis

Stakeholder management

Python/SQL

Analytical skills

Tools

Python

SQL

VBA

Job description

VP - Market Risk Manager - Commodities

A leading global financial services organisation is seeking an experienced Market Risk Manager (VP level) to join its London-based Risk Management function. The focus will be on Commodities, paper and physical across a range of products including Oil, Energy and Agri in addition to complimentary derivatives.

This is a high-profile opportunity to join a growing global team responsible for overseeing market and clearing risk across a broad range of capital markets activities, with a strong focus on commodities products.

The role offers significant interaction with front office trading teams, senior risk leadership, and key stakeholders across the business, providing both strategic exposure and hands-on involvement in complex risk management initiatives.

Key Responsibilities

• Provide independent market risk oversight across capital markets and commodities trading desks.
• Monitor and analyse bilateral and cleared trading exposures across a range of derivative and structured products.
• Review and challenge key risk metrics including VaR, stress testing, scenario analysis, sensitivities, and Greeks.
• Partner with trading, structuring, finance, and model/risk methodology teams to ensure robust risk governance.
• Support oversight of cleared products, margin methodologies, and capital/liquidity impacts.
• Contribute to risk appetite frameworks, limit monitoring, and escalation processes.
• Participate in new product approval processes and assess risks associated with structured transactions and complex trading activity.
• Deliver clear and concise reporting to senior management and global risk committees.

Candidate Requirements

• 7-12+ years of experience within Market Risk Management.
• Strong knowledge of commodities markets and associated derivative products.
• Experience with market risk methodologies including VaR, stress testing, and scenario analysis.
• Excellent analytical, quantitative, and communication skills.
• Ability to engage effectively with senior stakeholders and front office teams.
• Experience working within investment banks, broker-dealers, commodity trading firms, or similar financial institutions preferred.
• Exposure to Python, SQL, or VBA would be advantageous.

The Opportunity

This role offers the chance to join a highly visible and commercially engaged risk team within a dynamic global organisation. The successful candidate will gain broad product exposure, strong senior stakeholder interaction, and the opportunity to influence risk oversight within a fast-paced trading environment.