Market Risk Manager Commodities London, England
Morgan Stanley
Full Time
London, England
65762 - 115000 GBP ANNUAL Today
Job description
Market Risk Manager — Commodities
Job Number:
3226515
POSTING DATE: Jan 5, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Bachelor's Degree
JOB: Market Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
DESCRIPTION
Division: Risk Management
Role: Market Risk Manager — Commodities
Level: Vice President
Location: London
Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within FRM's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.
The successful candidate will be located on the trading floor and cover the commodities business which includes North America Power and Gas, EU Power and Gas, Emissions, Oil and Oil Products, Metals and Agricultural Products. The role will cover all commodity products but with a primary focus on EU Power and Gas and Metals.
Primary Responsibilities
> Assessment of market risks, concentrations and top risks
> As a desk-facing manager, ability to independently challenge traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers
> Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs
> Development of risk methodologies, stress scenarios and tools. Involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm
> Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
Role: Market Risk Manager — Commodities
Level: Vice President
Location: London
Firm Risk Management
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.
Background on the Position
The role will reside within FRM's Market Risk Department. The Market Risk Management Division (MRD) is responsible for the independent identification, analysis, reporting and escalation of all market risk exposures arising from EMEA business activities, acting independently of business management and providing an effective challenge process.
The successful candidate will be located on the trading floor and cover the commodities business which includes North America Power and Gas, EU Power and Gas, Emissions, Oil and Oil Products, Metals and Agricultural Products. The role will cover all commodity products but with a primary focus on EU Power and Gas and Metals.
Primary Responsibilities
> Assessment of market risks, concentrations and top risks
> As a desk-facing manager, ability to independently challenge traders, trading management and strategists with appropriate escalation of risks identified to senior risk managers
> Real-time involvement in approval of complex & large transactions. Performing deal analysis, including independently assessing overlooked risks, agreeing hedging strategies with the Front Office, determining approval standards and writing concise decision support briefs
> Development of risk methodologies, stress scenarios and tools. Involvement in system improvement working closely with traders, quantitative analysts, IT and other groups within the Firm
> Contribute to the assessment of the suitability and performance of pricing, risk and capital models and work with relevant groups to address material deficiencies
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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QUALIFICATIONS
Experience
> Degree, or equivalent, in a quantitative subject, mathematics, statistics or engineering
> Minimum 4 years of experience in commodities market, particularly in energy (Oil, Power/NatGas) or metals.
> Strong familiarity with VaR calculations, stress testing and scenario analysis for commodity products(preferred)
> Strong analytical and problem-solving skills
> Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
> Ability to work independently in a self-directed way in a collaborative, team-oriented environment
> The ability to effectively communicate with a wide range of stakeholders and deliver clear risk presentations to senior management
> Strong attention to detail and organizational skills, with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables
> Degree, or equivalent, in a quantitative subject, mathematics, statistics or engineering
> Minimum 4 years of experience in commodities market, particularly in energy (Oil, Power/NatGas) or metals.
> Strong familiarity with VaR calculations, stress testing and scenario analysis for commodity products(preferred)
> Strong analytical and problem-solving skills
> Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
> Ability to work independently in a self-directed way in a collaborative, team-oriented environment
> The ability to effectively communicate with a wide range of stakeholders and deliver clear risk presentations to senior management
> Strong attention to detail and organizational skills, with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables
#LI-SC1
