Market Risk Manager - Soft Commodities

Selby Jennings CommoditiesBensenville, IL4M ago

Leading agricultural commodities trading shop is seeking a Market Risk Manager to oversee a lean team of risk analysts to spearhead market risk management for the soft commodities portfolio. The role will have direct visibility with the CRO who is also based in the Chicago office. Risk Management is responsible for overseeing trading, implementing metrics that quantify performance and risk measures.

Leading agricultural commodities trading shop is seeking a Market Risk Manager to oversee a lean team of risk analysts to spearhead market risk management for the soft commodities portfolio. The role will have direct visibility with the CRO who is also based in the Chicago office. Risk Management is responsible for overseeing trading, implementing metrics that quantify performance and risk measures, and reporting on relevant analytics to Trading, Control groups and Management. It is also responsible for analyzing, evaluating and approving structured transactions from Business Development and Origination teams.

Responsibilities

  • Develop market risk analytics and implement related methodologies
  • Conduct VaR and PnL analysis, backtest, and reconcile
  • Perform model validation and stress scenarios
  • Develop market risk reports highlighting key metrics to the company's portfolio and trading activity
  • Perform historical/fundamental analysis that can help in the evaluation of trades and trading portfolios

Experience

  • 3-8 years experience market risk/quant risk management role
  • Experience in soft commodity markets, agricultural preferred
  • Understanding of price risk implied in physical commodities book and related risk profile
  • VBA & SQL programming ability
  • Knowledge of Financial Markets: derivatives, expiry of contracts, strategies and the underlying associated risks