What are the responsibilities and job description for the Front Office Market Risk Manager - US Power & Gas position at RAW Search?
A fantastic opportunity to join a world-leading Commodities house in a high profile, business partnering, market risk management role.
Key Responsibilities in the role are:
- Risk identification, risk assessment and risk monitoring on the US Power and US Gas business
- Design and maintain risk reports to monitor some key identified risks and adapt the monitoring as the market dynamics change
- Own the coordination, implementation, evolution and communication of the risk reports
- Work collegially with the team and communicate effectively with the desk to understand the positioning of the desk and current market conditions
- Define and implement bespoke stress tests based on market conditions deterioration, specific risk quantification for communication and ventilation to the Senior Risk Management and Commercial teams
- Define and monitor predictive scenarios for portfolio risk to give a better intuition to management and desk on the positioning as market conditions evolve
- Coding in python, handling databases and leveraging on data visualization softwares (Tableau/PowerBI) for effective presentation of metrics daily in dashboards.
- To undertake assessments of a wide range of transactions, carrying out modeling and analysis as necessary
- To communicate results effectively with traders and senior management
Education and Experience Requirements
- Bachelor’s Degree or above
- Experience in US Power and US Gas market risk
- Highly numerate, with good problem-solving and analytical skills
- High Coding skills, notably in Python, essential
- Good communication skills – must be able to understand others’ perspectives and relate complex ideas to different groups, including senior management
- The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships
- Must be able to work collegially in a team, flexibly handling a wide range of potential issues
- Must be capable of working with significant autonomy and ensuring analysis is focused on delivering practical business benefits, often in tight deadlines
Salary : $140,000 - $180,000