This global commodities producer is looking to appoint a new Commodities Risk Manager to take responsibility for the its risk profiles for the firms trading activities.
The company is heavily involved in the sourcing, production and refining of a wide range of commodities, including but not exclusive to metals, minerals, energy and agricultural products.
It operates trading teams on a global scale and at all times seeks to maintain a robust and effective risk management apparatus to govern the activities of these business units.
The Commodities Risk Manager
undertakes all day to day and weekly market risk reporting for the firms trading activities.
This can and does include scenario analysis, stress testing & reporting and VaR analysis. Should your application be successful you can expect to play a full role in enhancing and developing the market risk framework and its analysis.
You will have a particular focus upon capturing all risk factors, the system integration and reconciliation of PnL.
To be effective you should be able to clearly escalate and communicate issues to senior management.
Finally you must perform independent analysis and verification of all the market prices and ensure they are in accordance with the risk factors present.
For serious consideration for the Commodities Risk Manager vacancy you must have:
- At least five years experience in a risk position that focuses upon the commodities markets.
- In combination with that you will hold a degree in a quantitative discipline like economics, maths or statistics.
- You should also have experience in risk measurement including VaR analysis and stress testing of risk frameworks
- Finally you should be an Excel power user and have used the Riskmetrics platform.
Needless to say the Commodities Risk Manager is critical appointment for this firm as it seeks to secure its risk framework in volatile and at times unpredictable markets.
The right individual can expect to well rewarded and assured of a lucrative and rewarding career.