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For Companies At a Glance
- Tasks: Lead a team to monitor trading activities and ensure compliance with risk management policies.
- Company: Join a leading energy company with a focus on innovation and teamwork.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make a real impact in market risk management while working with a dynamic global team.
- Qualifications: 5+ years in risk management with strong analytical skills and team leadership experience.
The predicted salary is between 70000 - 90000 ÂŁ per year.
Position Summary
The Market Risk Supervisor position is responsible for leading a team of analysts that monitor trading activities for compliance with Market Risk Management policies and develop and maintain tools for Global Trading activities. You will be responsible for independently identifying, measuring, and reporting trading gross margin, exposures, and the market risk of the portfolio of transactions that are executed and owned by the Commercial organization. You will work with a dynamic, global team in a high‑visibility role that provides advice to the Commercial organization on risk appetite, risk limit utilization, and market risk mitigation strategies, and risk assessments and insights to senior management.
Position Responsibilities
- Lead, coach, and develop a team of Market Risk analysts, setting clear priorities, reviewing deliverables, providing performance feedback, and ensuring high‑quality execution of all risk management processes.
- Serve as the primary Market Risk focal point for front‑office and senior commercial stakeholders.
- Build strong, trust‑based relationships with Global Trading leadership and demonstrate deep, end‑to‑end understanding of trading strategies, key exposures, and future business growth plans for the supported trade desk.
- Oversee the assessment of supply and demand fundamentals, ensuring the team develops insight into regional/locational price differences, drivers of market spreads, historical patterns, and forward‑looking market trends.
- Champion and enforce strong market risk management principles, promoting a culture of proactive risk identification, transparency, and constructive challenge with Global Trading and related functions.
- Supervise the independent evaluation of risk profiles from trade to portfolio level, guiding the team in analyzing risk‑reward trade‑offs, constrained risk optimization, liquidity considerations, market fundamentals, and sentiment sensitivities.
- Ensure compliance with mandated exposure and risk limits, reviewing exceptions and directing necessary mitigation actions.
- Communicate risk concerns and decision recommendations to leadership.
- Oversee and ensure the accuracy and completeness of daily market risk processes, risk reporting, and commentary.
- Provide senior‑level insights on portfolio changes, market intelligence, exposure drivers, and deal activity.
- Guide collaboration with Global Trading support functions (Finance, Accounting, Operations) to resolve deal‑related questions and support portfolio management.
- Ensure the integrity of Global Trading data by supervising validation work, reviewing reconciliations, and escalating systemic issues to the appropriate stakeholders.
- Review and challenge hedging strategies and limit proposals, confirming that transactions and associated hedges can be properly valued, monitored, and reported within the risk management systems.
- Drive continuous improvement of risk reporting tools and analytical capabilities, overseeing the team’s use of advanced technologies (Excel, VBA, SQL, Python, R, Tableau, Power BI) and encouraging innovative problem‑solving.
- Direct and support the team’s involvement in month‑end, quarter‑end, and year‑end closing processes, ensuring accuracy, timeliness, and appropriate documentation.
- Maintain close working relationships with refinery coordinators and optimizers, product schedulers, and crude traders, ensuring the team accurately validates production data, trade flows, and inventory positions while identifying and communicating hedging signals.
Academic Qualifications
Bachelor’s degree or above (Master’s, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics, or Statistics.
Required Qualifications
- 5+ years of experience in financial, energy, or chemical risk management; prior supervisory or management experience required.
- Strong knowledge of crude oil and freight markets, as well as other energy and traded markets.
- Strong understanding of physical trading, derivatives, and financial products.
- Excellent quantitative and analytical skills.
- Excellent proficiency in Excel (experience with SQL or quantitative programming languages such as Python preferred).
- Experience with Energy Trading Risk Management Systems.
- Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach.
Preferred Qualifications
- Experience with Python/SQL.
- High level of Excel proficiency.
- Familiarity with trade capture and nomination/scheduling systems.
Functional Skills
- Market Pricing Mechanisms.
- Financial Markets Execution.
- Energy Commodity & Derivative Trading.
- Energy Risk Analysis & Mitigation.
Market Risk Supervisor- EAME Crude & Freight in London employer: Esso
Contact Detail:
Esso Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Supervisor- EAME Crude & Freight in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. Building relationships can open doors that job applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its market position. Understand their trading strategies and risk management practices so you can speak their language and show you're the right fit.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management and market analysis. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 4
Don't forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Market Risk Supervisor- EAME Crude & Freight in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Risk Supervisor role. Highlight your experience in financial risk management and any supervisory roles you've held. We want to see how your skills align with our needs!
Showcase Your Analytical Skills: Since this role requires strong quantitative and analytical skills, don’t shy away from showcasing specific examples where you’ve used these skills effectively. We love seeing how you’ve tackled complex problems in the past!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about market risk management and how your background makes you a great fit for our team. We appreciate a personal touch!
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 out on any important updates from us!
How to prepare for a job interview at Esso
✨Know Your Market Inside Out
Make sure you brush up on your knowledge of crude oil and freight markets. Be prepared to discuss recent trends, key drivers, and how they impact risk management. This will show that you're not just familiar with the theory but also understand the practical implications.
✨Showcase Your Leadership Skills
Since this role involves leading a team, be ready to share examples of how you've successfully managed and developed teams in the past. Highlight your coaching style and how you set priorities and ensure high-quality execution in risk management processes.
✨Demonstrate Analytical Prowess
Prepare to discuss your experience with quantitative analysis and tools like Excel, SQL, or Python. Bring specific examples of how you've used these skills to evaluate risk profiles or improve reporting tools. This will help illustrate your technical capabilities.
✨Build Relationships, Not Just Reports
Emphasise your ability to build strong, trust-based relationships with stakeholders. Be ready to talk about how you've collaborated with different functions, like Finance or Operations, to resolve issues and support portfolio management. This shows you value teamwork and communication.