Market Risk Manager

Job Title: Senior Market Risk Manager – Energy Trading (Gas & Power) Location: [London] Company: [Commodity Trading Firm] (via Barclay Simpson Recruitment) About the Firm: Barclay Simpson is proud to be partnering with a leading commodity trading firm that specialises in energy products, including gas and power. The firm has a strong reputation for hiring the best risk professionals in the market, with a history of attracting talent from top-tier investment banks and renowned trading companies. Known for its cutting-edge trading strategies and robust risk management culture, this firm is at the forefront of the energy markets and offers a dynamic and collaborative work environment. About the Role: We are currently seeking a Senior Market Risk Manager to lead the market risk oversight for one of the firm’s key energy trading desks. This high-impact role will involve managing a small team while working closely with senior stakeholders, including the Group Head of Market Risk Management . The Senior Market Risk Manager will be responsible for ensuring that risk exposures across the trading desk are actively monitored, effectively managed, and aligned with the firm’s risk appetite. This role offers a unique opportunity to work in a fast-paced, market-driven environment, providing strategic risk insights and shaping the risk management framework for the firm’s energy trading activities, specifically in gas and power markets. Key Responsibilities: Market Risk Oversight: Lead the risk management process for a key energy trading desk, providing oversight on market risk exposures related to gas, power, and related derivatives. Team Management: Manage and mentor a small team of risk professionals, ensuring high standards of risk management and continuous development. Risk Reporting & Analysis: Produce comprehensive reports on market risk positions, exposures, and trends, presenting findings to senior management, the Group Head of Market Risk, and other relevant stakeholders. Risk Framework & Strategy: Contribute to the ongoing development and refinement of the firm’s market risk framework, ensuring it is robust, responsive, and aligned with the firm’s broader strategic goals. Collaboration with Trading Desks: Work closely with traders and other internal teams to provide actionable insights on risk factors affecting energy markets, including gas and power. Stress Testing & Scenario Analysis: Develop and implement stress testing models and scenario analyses to assess potential risks and market movements. Market Insight & Advisory: Provide senior management and traders with strategic insights on market risks, supporting decision-making processes with risk-based recommendations. Regulatory & Compliance: Ensure that risk management processes comply with internal policies and relevant regulatory frameworks. Influence & Leadership: Drive a strong risk culture within the team and across the trading desk, promoting proactive risk management and continuous improvement. Key Requirements: Proven experience in Market Risk Management , with a focus on energy products (gas, power, derivatives, etc.). Strong background in commodity trading environments , with a deep understanding of market dynamics and risk management techniques in energy markets. Demonstrated expertise in quantitative risk modeling , stress testing , and scenario analysis . Previous experience in leading a small team of risk professionals, with a focus on coaching, development, and performance management. Excellent communication skills, with the ability to present complex risk information clearly to senior management and traders. Experience working with risk management systems and analytics tools. Strong understanding of regulatory requirements in energy trading markets and risk management best practices. A background in finance , mathematics , engineering , or a related field is highly preferred. Previous experience from top-tier investment banks or commodity trading firms is highly desirable. What We Offer: Competitive salary and performance-based bonuses. An opportunity to lead market risk management for one of the firm’s key energy trading desks. A dynamic and collaborative environment where you can influence trading strategies and decision-making. A high-profile role with visibility to senior leadership, including the Group Head of Market Risk Management. Career development opportunities in a firm known for attracting and retaining top-tier talent. How to Apply: For more information or to apply for the Senior Market Risk Manager – Energy Trading role, please contact Barclay Simpson at [jl@barclaysimpson.com]. This is a fantastic opportunity for an experienced market risk professional to shape and lead risk management for a major energy trading desk at a market-leading firm. We look forward to hearing from you.