Banking VP- Commodity Risk

I am working with a leading global financial institution, seeking a Vice President to join its market risk management function, focused on commodities trading activity. This position offers the opportunity to work within a high-calibre risk team covering energy, metals, and derivatives portfolios, providing independent oversight and analytical support to trading and senior management.

I am working with a leading global financial institution, seeking a Vice President to join its market risk management function, focused on commodities trading activity. This position offers the opportunity to work within a high-calibre risk team covering energy, metals, and derivatives portfolios, providing independent oversight and analytical support to trading and senior management.

Key Responsibilities:

• Independently oversee commodities market risk exposure across physical and derivative portfolios.

• Monitor, analyse, and report daily risk measures, including P&L attribution, VaR, scenario analysis, and limits.

• Provide technical risk insights and clear commentary to trading, risk committees, and senior management.

• Develop and enhance risk frameworks, stress testing, and analytical tools (using Python, SQL, VBA, or similar).

• Review and challenge front-office pricing, trading strategy, and risk breaches as a second line of defence.

• Participate in policy, regulatory change initiatives, and continuous process improvement.

• Collaborate with cross-functional teams, including product control, valuation, model validation, and IT.

Candidate Profile:

• Minimum 5 years’ experience in commodities market risk, ideally with global trading or investment bank exposure.

• Strong product knowledge of commodity markets and associated derivatives pricing concepts.

• Proven analytical capability, including experience with risk metrics, valuation adjustments, and regulatory standards (FRTB/Basel III).

• Technical proficiency with risk systems, data automation, and programming (Python, SQL, VBA).

• Degree in a quantitative field; professional risk qualifications (FRM, PRM) advantageous.

• Demonstrated ability to communicate complex concepts and provide risk partnership to both technical and commercial stakeholders.

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