Market Risk Team Lead – Crude

  • Location

    London

  • Sector:

    Finance & Risk

  • Salary:

    Competitive

  • Job ref:

    J7013

  • Expiry date:

    01/10/2020

  • Start date:

    ASAP

  • Consultant:

    Sarah Stott

We have an exciting role for a Market Risk Team Lead. The successful candidate will lead a team that provides real-time front-line control and management information for management, and traders. This includes daily PNL & risk reporting, ad hoc risk analysis. The role also involves participating projects in improving the ETRM system. Because of the unique position of the team in the middle of the business commercial activities, the team will also support broader commercial activities.

Key areas of responsibility:

  • Prepare and review of daily PNL and risk reports and follow up any issues with relevant teams

  • Ensure that all risk limits are adhered to and assist in implementing new limits when necessary

  • Assist in identifying the significant risk within the business, ensuring that they are transparent to senior management

  • Maintain a good knowledge of the current physical crude market as well as the refinery system

  • Contribute to the month and quarter-end activities with Back Office/Accounting for crudes and derivatives portfolios

  • Develop and maintain strong business relationship with different functions, e.g FO, BO, IT, Planning & Control

  • Frequent cooperation with the Refined Products market risk team and promote knowledge sharing between teams

  • Guarantee compliance for trading procedures with relevant controls and support when necessary internal and external audit requests;

Candidate specification:

  • University degree in economics, finance and / or engineering discipline

  • Very good knowledge of derivatives trading and the EMEA oil market

  • Extensive experience in Market Risk or other quantitative departments within a bank and trading environment

  • Strong and solid knowledge of MS Office suite including excellent Excel and VBA skills, Matlab & SQL knowledge a plus

  • Full command of English language (spoken and written).