Risk Management, Market Risk Manager - Commodities, Associate / Vice President

Morgan Stanley; City Of London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading financial services firm in London is seeking a Market Risk Manager to assess and manage market risks in the commodities sector, including oil and gas. The ideal candidate will have a quantitative degree and a minimum of 3 years of experience in the commodities market, particularly in energy or metals. Strong analytical, problem-solving, and communication skills are essential for success in this role. The position offers opportunities for career growth and a commitment to diversity and inclusion.

Benefits

Comprehensive employee benefits

Flexible working opportunities

Qualifications

• Minimum 3 years of experience in commodities market, particularly in energy or metals.
• Strong familiarity with VaR calculations, stress testing and scenario analysis for commodity products.
• Confidence to take ideas forward and challenge others appropriately.

Responsibilities

• Assessment of market risks and top risks.
• Independently challenge traders and escalate risks identified to senior managers.
• Development of risk methodologies and system improvements.

Skills

Market risk assessment

Analytical skills

Problem-solving skills

Communication skills

Education

Degree in quantitative subject

Tools

VaR calculations

Job description

Overview

Risk Management, Market Risk Manager - Commodities, Associate / Vice President
London
JR018460

The role will reside within FRM's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.

The successful candidate will be located on the trading floor and cover the commodities business which includes North America Power and Gas, EU Power and Gas, Emissions, Oil and Oil Products, Metals and Agricultural Products. The role will cover all commodity products but with a primary focus on Oil/products, EU Power and Gas and Metals.

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

• Assessment of market risks, concentrations and top risks
• As a desk-facing manager, ability to independently challenge traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers
• Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs
• Development of risk methodologies, stress scenarios and tools. Involvement in system improvements working closely with traders, quantitative analysts, IT and other groups within the Firm
• Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies

What we're looking for:

• Degree, or equivalent, in a quantitative subject, mathematics, statistics or engineering
• Minimum 3 years of experience in commodities market, particularly in energy (Oil, Power/NatGas) or metals
• Strong familiarity with VaR calculations, stress testing and scenario analysis for commodity products (preferred)
• Strong analytical and problem-solving skills
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
• The ability to effectively communicate with a wide range of stakeholders and deliver clear risk presentations to senior management

Skills that will help you in the role:

• Ability to work independently in a self-directed way in a collaborative, team-oriented environment
• Strong organizational skills with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables

Where will you be working?

This role is based in 20 Bank Street, London.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.