Major physical metals trading firm requires experienced professional to lead risk platform
The Role
Reporting directly to the Group Director – Treasury & Risk, you will be responsible for helping to define and then implement group strategies, policies, systems and controls in order to manage, monitor and control risks across a variety of the firm's functions including Trading Treasury, and Structured Finance. This role will involve raising the profile of risk management within the organization and enhance the process of embedding a risk management culture. It is a key hire for the firm and the role will be both visible to senior management and involve extensive interactions across the trading departments.
The main responsibilities for this role are:
Monitor risk Limits
-Assist in the identification, management and resolution of all trading risk issues arising from the day to day functioning of the business
-Compare actual exposure to agreed limits
-Follow up on limit breaches
-Work closely with the business to complete risk control assessments
-Standardize and streamline the current weekly and monthly risk reports
-Establish effective project management tools and tracking information to ensure good communication is maintained with all key stakeholders.
-Provide sensitivity analysis of exposures and continually assess the relevance of the data, highlighting trends and flagging material risks that the Group faces suitable for Board level review.
Improve risk measurement structure for existing Limits.
-Define, plan and project manage the execution of the Risk Management initiatives/solutions.
-Develop the required reporting
-Perform risk reviews of key business processes where required, working closely with the internal audit function.
Identify Risks that may not be captured by the current systems
-Recommend solutions
-Develop the required reporting
-Work closely with internal IT project team to develop real time exception reporting in the Group's new ERP solution.
The successful candidate is likely to have the following background and skill set:
-Proactive and strongly self-motivated with the ability to initiate change.
-Strong academic background
-In depth understanding of commodities preferably physical metals trading
-Comprehensive background in a front office or trading environment
-Proven ability to develop effective relationships with senior stakeholders.
-Strong experience of the financial sector gained over a number of years, preferably in a risk role. Previous commodities experience would be advantageous.
-Good general commodities trading knowledge.
-Good knowledge of market and credit risk concepts - products, markets, risk measurement techniques.
Package
-Competitive salary commensurate with skills
-Non-contributory pension of 7.5% salary
-Discretionary bonus
-Study Support
-Private healthcare / Life and long term disability cover
-Subsidised gym membership / Cycle to work scheme / Child-care vouchers / Season ticket loan.
If you fit with the above profile please send all applications by email
Apply by email.
Please do not modify the subject of the mail or your application will not be considered.
