Risk Manager, Futures

CLSA; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A financial services firm in London is seeking an experienced Risk Manager to oversee risk management activities in the futures industry. Responsibilities include monitoring client trades, conducting risk assessments, and preparing detailed reports for senior management. The ideal candidate has 10+ years of relevant experience and strong analytical skills, along with familiarity with various risk management systems. This position supports the firm’s risk mitigation efforts.

Qualifications

• Minimum of 10 years’ relevant experience in the futures industry, with solid knowledge of exchange-traded derivatives products.
• Strong understanding of key risk management concepts.
• Proficient in both written and spoken English.

Responsibilities

• Monitor client trades to ensure compliance with relevant regulatory requirements.
• Conduct comprehensive risk assessments to identify and evaluate potential risks in client portfolios.
• Prepare regular risk reports and communicate risk-related insights to management.

Skills

Analytical skills

Risk management principles

Communication skills

Team collaboration

Education

Bachelor’s degree in finance, accounting, or related field

Tools

WEB ICE

LME-MERCURY

LME PRISIM

ION XTP Risk JANUS

Job description

Position Description

We are seeking an experienced Risk Manager to join our team, responsible for overseeing the firm’s risk management activities within the futures industry. The successful candidate will monitor client trades, positions, and P&L to ensure compliance with regulatory standards and internal policies, while setting and managing risk limits across various systems. They will conduct thorough risk assessments, respond to risk incidents such as margin calls and liquidations, and prepare detailed risk reports for senior management. The ideal applicant will have extensive experience with exchange-traded derivatives, a strong understanding of risk management principles, and the ability to work independently as well as collaboratively to support the firm’s risk mitigation efforts.

Key Areas of Responsibilities

• Monitor client trades to ensure compliance with relevant regulatory requirements, internal policies, guidelines, and procedures
• Set risk limit parameters in front-end and back-end systems (where applicable), following approvals from the Risk Management team
• Continuously oversee client positions, P&L, and account balances to ensure adherence to risk limits and guidelines established by the Risk Management team
• Conduct comprehensive risk assessments to identify and evaluate potential risks in client portfolios, including market risk, credit risk, concentration risk, and funding liquidity risk, in accordance with CLSA Risk Management Policies and Procedures
• Issue margin calls, track their status, and execute force liquidations when necessary
• Prepare regular risk reports and communicate risk-related insights to management, highlighting exposures, trends, and potential impacts
• Participate in incident management processes by promptly identifying, assessing, and responding to risk incidents or breaches
• Collaborate with relevant stakeholders to investigate incidents and implement corrective actions to prevent recurrence

Requirements

• Bachelor’s degree or higher in finance, accounting, or a related field
• Minimum of 10 years’ relevant experience in the futures industry, with solid knowledge of exchange-traded derivatives products
• Strong understanding of key risk management concepts, complemented by excellent analytical skills
• Familiarity with WEB ICE, LME-MERCURY, LME PRISIM, and ION XTP Risk JANUS systems (preferred)
• Proven ability to monitor trades, client positions, P&L, and manage margin calls effectively
• Familiarity with ICE EU and LME business flows and product types
• Enthusiastic, motivated and capable of working independently or as part of a team
• Proficient in both written and spoken English

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