At a Glance
- Tasks: Analyse market risks in commodities and support trading teams with insights.
- Company: Join a leading Global Commodity Trading company in London.
- Benefits: Rapid learning opportunities, potential for international roles, and dynamic work environment.
- Other info: Strong growth potential and collaborative culture with a focus on innovation.
- Why this job: Make an impact in a fast-paced industry while developing your analytical skills.
- Qualifications: Degree in a numerate discipline and experience in market risk.
The predicted salary is between 60000 - 80000 £ per year.
Exciting opportunity to join a leading Global Commodity Trading company. The role will be based in their London office. A dynamic company that offers rapid learning opportunities with potential for movement across teams and international roles.
Main responsibilities:
- Preparing and reviewing daily P&L and risk reports, monitoring limits, and proactively resolving any issues in coordination with the relevant teams.
- Support front office in obtaining approval for new and non-standard products.
- Assisting in identifying significant risks within the business and ensuring they are transparent to senior management.
- Provide information and commentary for the bi-weekly Risk Committee meetings.
- Review and approve any relevant changes to the main ETRM system (Endur).
- Guarantee compliance for trading procedures with relevant controls and support when necessary internal and external audit requests.
- Participate in the enhancement of reporting and the development of reporting systems.
Skills and experience required:
- University degree in a numerate discipline (e.g. economics, mathematics, pure science, finance, engineering or similar).
- Relevant experience in a market risk role within commodity trading companies or banks.
- Strong knowledge of risk metrics such as VaR, stress-testing, scenario analysis.
- Good knowledge of derivatives and options.
- Strong knowledge of MS Office suite including Excel and VBA. SQL and Python would be a strong advantage.
- Knowledge of the Endur ETRM system would be an advantage.
- Analytical mindset and strong numerical skills.
- Strong organization skills with good attention to detail and the ability to work to tight deadlines.
- Strong communication skills, able to communicate concisely with senior management in the market risk function and with all stakeholders.
- Fluent level of English.
Senior Market Risk Analyst - Commodities in City of London employer: Eleven
Contact Detail:
Eleven Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Market Risk Analyst - Commodities in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to market risk and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk metrics and your analytical skills. Use examples from your past experience to demonstrate your expertise and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Market Risk Analyst - Commodities in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Market Risk Analyst role. Highlight your relevant experience in market risk, especially within commodity trading. We want to see how your skills align with the responsibilities listed in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. We love seeing enthusiasm and a clear understanding of the company and its values.
Showcase Your Skills: Don’t forget to highlight your technical skills, especially in risk metrics like VaR and stress-testing. If you’ve got experience with SQL or Python, make sure that stands out. We’re looking for candidates who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Eleven
✨Know Your Numbers
Brush up on your knowledge of risk metrics like VaR, stress-testing, and scenario analysis. Be ready to discuss how you've applied these in previous roles, as this will show your analytical mindset and strong numerical skills.
✨Master the Tools
Familiarise yourself with the MS Office suite, especially Excel and VBA. If you have experience with SQL or Python, be prepared to share specific examples of how you've used these tools to enhance reporting or analyse data.
✨Understand the Business
Research the company’s approach to commodity trading and their risk management strategies. This will help you articulate how you can contribute to their goals and demonstrate your understanding of the industry.
✨Communicate Clearly
Practice explaining complex concepts in a concise manner. You’ll need to communicate effectively with senior management and various stakeholders, so being able to simplify your insights will be key.