At a Glance
- Tasks: Shape market risk management and control frameworks in a dynamic trading environment.
- Company: Join a leading energy company focused on innovation and strategic growth.
- Benefits: Enjoy a collaborative culture with potential temp-to-perm opportunities and visibility across departments.
- Why this job: Make a real impact in risk management while working with diverse teams in a fast-paced setting.
- Qualifications: Experience in market risk or product control, with strong analytical and communication skills required.
- Other info: Advanced Excel and SQL knowledge are a plus; self-starters thrive here.
The predicted salary is between 43200 - 72000 £ per year.
A leading energy company is seeking an experienced professional to join its growing Finance function, with a specific focus on Market Risk and Middle Office oversight. This newly created role sits at the intersection of trading oversight, risk analytics, and control framework development, supporting a dynamic and globally active trading operation.
The Opportunity
This is a broad and high-impact role, responsible for shaping and embedding the group's approach to market risk management and lifecycle controls. Working with the Market Risk Lead, you will be responsible for helping to form the structure of the function.
Key Responsibilities
- Act as an independent control function, ensuring trading activity remains within defined risk appetite and aligned with internal policies.
- Deliver accurate and timely reporting of P&L, mark-to-market valuations, and relevant valuation adjustments.
- Help design, implement, and enhance risk frameworks and lifecycle control processes across the business.
- Develop and monitor risk mitigation strategies including VaR limits, stop-losses, and capital-at-risk thresholds.
- Collaborate with Finance, Trading, and Risk stakeholders to identify process improvements and drive innovation in reporting and analytics.
Your Background
- Significant experience in a market risk, middle office, or product control role within the energy or commodities sector.
- Solid understanding of derivatives, market dynamics, and risk management tools (VaR, stress testing, Monte Carlo, etc.).
- Advanced Excel skills; SQL/database knowledge a strong plus.
- Strong analytical capability paired with clear communication skills – able to convey complex ideas to non-technical audiences.
- Self-starter mindset with a keen eye for process improvement and control design.
Why Apply?
This is a unique opportunity to join a commercially astute, forward-looking business at a time of strategic growth. You’ll be empowered to shape best-in-class risk practices in a collaborative, fast-paced environment, with strong visibility across both Finance and the front office. It’s likely this role can be temp to perm.
Interim Market Risk Manager employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Market Risk Manager
✨Tip Number 1
Network with professionals in the energy and commodities sector. Attend industry events or webinars to connect with individuals who may have insights into the role of Interim Market Risk Manager. Building these relationships can provide you with valuable information and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in market risk management, particularly within the energy sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 3
Prepare to discuss specific examples of how you've implemented risk frameworks or improved processes in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates and show that you can add immediate value.
✨Tip Number 4
Research the company’s current market position and any recent news related to their trading operations. Understanding their business model and challenges will allow you to tailor your discussions and demonstrate how your skills align with their needs.
We think you need these skills to ace Interim Market Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in market risk, middle office, or product control roles, particularly within the energy or commodities sector. Use specific examples to demonstrate your understanding of derivatives and risk management tools.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities outlined in the job description, such as your experience with risk frameworks and reporting.
Highlight Analytical Skills: Emphasise your analytical capabilities in both your CV and cover letter. Provide examples of how you've successfully conveyed complex ideas to non-technical audiences, showcasing your communication skills.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism, which is crucial for a role focused on risk management.
How to prepare for a job interview at JR United Kingdom
✨Understand Market Risk Fundamentals
Make sure you have a solid grasp of market risk concepts, especially in the energy or commodities sector. Be prepared to discuss derivatives, VaR, and stress testing, as these are crucial for the role.
✨Showcase Your Analytical Skills
During the interview, highlight your analytical capabilities. Use examples from your past experience where you've successfully conveyed complex ideas to non-technical audiences, demonstrating your ability to communicate effectively.
✨Prepare for Technical Questions
Expect technical questions related to risk management tools and frameworks. Brush up on your advanced Excel skills and any SQL/database knowledge you have, as these will likely come up in discussions.
✨Demonstrate a Self-Starter Attitude
Emphasise your self-starter mindset and your keen eye for process improvement. Share specific instances where you've identified and implemented enhancements in previous roles, showcasing your proactive approach.