Senior Middle Office Analyst-Market Risk

Robert Half International (China); Elizabeth (NJ); On-site; USD 80,000 - 140,000; Full time

Job summary

An established industry player is seeking a dedicated Market Risk Analyst to manage and report on market risks associated with commodity trading, particularly in coal and iron ore. This role is crucial for optimizing trading operations and supporting strategic decision-making. The ideal candidate will leverage their analytical skills to quantify risk exposures, generate critical trading reports, and collaborate with various departments. If you have a strong background in risk management and are fluent in both English and Chinese, this is an exciting opportunity to make a significant impact in a dynamic trading environment.

Qualifications

• 5+ years of experience in market risk management in commodity trading.
• Strong understanding of derivatives instruments and risk management methodologies.

Responsibilities

• Analyze and report market risk for commodity trading activities.
• Generate daily trading PnL and exposure reports with commentary.

Skills

Market Risk Analysis

Critical Thinking

Quantitative Analysis

Communication Skills

Risk Management

Fluency in English

Fluency in Chinese

Education

University degree in Computing

University degree in Mathematics

University degree in Engineering

University degree in Economics

University degree in Finance

CFA Certification

Tools

Microsoft Excel

VBA

Python

SQL

Job description

This role is pivotal in ensuring the effective management and reporting of market risks associated with commodity trading (mainly coal and iron ore) activities in the Chinese market. By analysing and quantifying risk exposures, generating critical trading reports, and collaborating with various departments, the position contributes significantly to maintaining financial integrity, optimizing trading operations, and supporting strategic decision-making within the organization.

Responsibilities:

• Provide critical thinking around market risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for trading activities. Work closely with Front Office to quantify and explain the sources of risk in their portfolios.
• Analyze, model, and report market risk. Assess and monitor physical and financial trades, foreign exchange deals. Communicate suggested modeling and valuation enhancements to achieve better valuation and risk quantification.
• Generate daily trading PnL and exposure reports including MtM valuations of physical and derivatives trades with commentaries on daily changes. Check trade limits, determine risk mitigation measures in case the limit is breached.
• Daily derivatives trades confirmations with counterparties, margining, settlement calculations, invoicing, and payments requests.
• Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation.

Requirements:

• University degree, preferably in Computing, Mathematics, Engineering, Economics or Finance (CFA is a plus).
• Minimum of 5 years of experience within a similar role (Middle Office).
• Experience in the coal industry, both physical and derivatives books is mandatory.
• Good knowledge of derivatives instruments and ISDA agreements.
• Comprehensive understanding of risk management methodologies and valuation models.
• Fluent in English and Chinese, both written and spoken, any other European language or Russian is a plus.
• Proficiency in Microsoft Excel, VBA and other data analysis tools (Python and SQL is a plus).