Market Risk Manager / Portfolio Risk Manager (Head of Risk)

ZipRecruiter; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Join a leading financial services firm as a Market Risk Manager, where you'll leverage your quantitative expertise and risk management background to oversee and mitigate risks in commodity portfolios. This dynamic role involves mentoring a high-performing team and providing critical risk insights to senior management.

Qualifications

• Strong knowledge of commodities options pricing and hedging.
• Experience in commodities markets, ideally in brokerage or banking.
• Ability to manage and mentor high-performing teams.

Responsibilities

• Oversee daily risk reporting and escalate key risk issues.
• Perform liquidity analysis and prepare risk reports.
• Lead risk improvement projects and manage team members.

Skills

Quantitative expertise

Risk management background

Market knowledge

Leadership skills

Technical skills

Education

Relevant professional designation

Tools

C++

SQL

Python

Matlab

Microsoft Excel/VBA

Job description

Market Risk Manager / Portfolio Risk Manager (Head of Risk)

Job Description

Market Risk Manager – | Financial Services | London |

Are you a market risk professional with a strong quantitative background and expertise in commodities together with other asset classes? This is your chance to join a global leader in the financial services industry, recognized for its cutting-edge technology and innovative approach.

About the Role:

This role is focused on the risk management of firm commodity portfolios, ensuring the effective mitigation of risks and protection of company capital on both an intraday and overnight basis. As a Market Risk Manager, you’ll take on significant responsibilities, from overseeing daily risk reporting to mentoring team members and delivering key risk insights to senior management.

Key Responsibilities:

• Proactively manage firm accounts exceeding predefined risk parameters, working closely with traders and escalating issues as necessary.
• Oversee daily reporting, including VaR, sensitivity analysis, and stress testing, while escalating key risk issues to senior management.
• Perform liquidity analysis of portfolios and individual positions in relation to market depth.
• Prepare risk reports and PowerPoint presentations for senior management and the Board.
• Lead risk improvement projects and support system development initiatives.
• Manage, mentor, and train team members, ensuring adequate coverage across global trading hours.
• Communicate risk management principles effectively to internal and external stakeholders.
• Ensure adherence to risk policies and procedures, escalating issues where necessary.

What We’re Looking For:

• Quantitative Expertise: Strong knowledge of commodities options pricing, hedging, VaR, sensitivities, and stress testing.
• Risk Management Background: Experience in commodities markets, ideally gained within a brokerage or banking environment.
• Market Knowledge: Understanding of financial markets and exchange-traded futures and options.
• Leadership Skills: Ability to manage, mentor, and inspire a high-performing team.
• Technical Skills: Proficiency in programming (C++, SQL, Python, Matlab) and advanced Microsoft Excel/VBA skills.
• Professional Qualifications: A relevant designation is highly desirable.

Why Join?

This organization offers a dynamic environment where innovation and collaboration thrive. They are committed to , equity, and , ensuring that every candidate has the opportunity to succeed.

If you’re ready to take the next step in your career and contribute to a market-leading team, we’d love to hear from you!

Market Risk Manager / Portfolio Risk Manager (Head of Risk)