* Market Risk Manager position being hired for a commodities firm, London
* Role requires 5 years Market Risk-metals/ commodities experience
About Our Client
My client is a global commodities firm based in London. The team consists of 5 people focusing on market and credit risk. The role is for a Market Risk Manager - Metals.
Job Description
Responsible for the market risk and operational risk function of the firm.
Support the liquidity risk reporting process.
Support other risk functions such as committee work, NPA process, ICARA process, and interaction with external stakeholders.
Responsible for the daily management (identification, measurement, monitoring, and control) of market, operational, and liquidity risks, and carry out risk prevention duties effectively.
Ensure an effective and independent risk function for market and operational risk.
Develop and enhance relevant risk management policies, mechanisms, instructions, and procedures; engage the board and seek board approval where appropriate.
Provide timely and effective risk management information to RMC, the board, and other stakeholders such as LME clear and RMD of the holding company.
Set various risk management indicators and monitoring measures; perform daily monitoring over various risk aspects.
Execute internal control procedures and provide advice and recommendations to management on those procedures.
Ensure that risk data and reporting are fit for purpose in terms of quality, quantity, and breadth.
Provide oversight and challenge of the firm's systems and controls in respect of risk management, such as annual ORCA review.
Maintain and develop margin models for current and new products/markets; maintain and backtest liquidity risk models (including stress testing).
The Successful Applicant
Experience of at least 5 years in Market Risk.
Experience in Commodities and Base Metals.
Familiarity with the LME.
Considerable knowledge and experience of best practice risk management and governance frameworks, methodologies, and practices.
Leadership skills, including the ability to exercise oversight of risk governance.
Proven ability to oversee multiple risk types, including market, liquidity, and operational risk.
Knowledge of the regulatory environment and key regulatory regimes.
Experience in the commodities and energy market.
Strong financial analytic and IT skills.
Chinese language skills are useful.
Candidates need significant UK regulatory experience.
What's on Offer
Competitive salary for the Market Risk Manager - Metals.
Benefits and bonus offering.
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