Market Risk Manager

Description

• Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business
• Quality and fair PRP performance reviews and ensure the write-ups on time
• Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported
• Ownership of consolidated Group position and MTM reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities
• Collaboration with Trading and Commercial teams
• Ad hoc tasks as required to support the Risk team and the wider business
• Supporting the Market Risk team to deliver accurate and timely daily risk reports, dashboards and commentary
• Serving as a member of the Risk Committee; challenging the Group’s trading limits and leading quarterly meetings as Chair
• Working closely with Finance managers to facilitate and support the reconciliation of middle office P&L figures with the monthly financial accounts
• Challenge marking methodologies across the Group to ensure commercially meaningful reports
• Collaborate with Business Analysts to drive the development and implementation of the TriplePoint ETRM system

Requirements

• Proven management experience in a similar role
• Strong commercial acumen and ability to interpret market developments quickly.
• Effective communication with everyone in the team - listening, inspiring and flexing approach as appropriate
• Experience of working with an Energy Trading and Risk Management (ETRM) system (preferably Triple Point CXL)
• Strong communication and interpersonal skills, with the ability to influence traders and senior stakeholders
• Proficiency in using MS Excel to an advanced level
• Previous physical oil/products market risk experience
• Can demonstrate a deep understanding of commodity markets
• Experience working with front-office and back-office teams in a dynamic trading environment
• Highly analytical and meticulous with strong quantitative skills
• Accounting qualification
• Coaching and quality feedback to all team members

Benefits

• Competitive compensation: Enjoy a competitive salary, enhanced by a discretionary bonus scheme that rewards both business and individual performance.
• Cycle to work scheme: Embrace a sustainable lifestyle with our cycle to work scheme.
• Global travel insurance: Travel with peace of mind, courtesy of worldwide multi-trip travel insurance coverage for you and your family.
• Enhanced parental leave: Generous maternity and paternity pay to support you and your family when you need it most.
• Enhanced holiday allowance: Enjoy 25 days of annual leave, in addition to bank holidays.
• Employee discount platform: Access exclusive discounts through our employee discount platform.
• Enhanced company pension: Secure your future with enhanced company pension contributions that support your long-term financial goals.
• Volunteering and charity: We encourage you to give back to the community through volunteering days and charitable initiatives.
• Season ticket loan: Spread the cost of your commute and take advantage of annual discounts with an interest free season ticket loan.
• Private medical insurance: Prioritise your health with comprehensive private medical insurance, including access to online GP services from AXA for you and your family.

Training + Development

Interview process

Visa Sponsorship

Security clearance