At a Glance
- Tasks: Lead risk management for ETD commodities and drive automation in operations.
- Company: Dynamic investment firm focused on commodities with a strong tech-driven culture.
- Benefits: Competitive salary, career advancement opportunities, and a collaborative work environment.
- Other info: Opportunity to influence technology improvements and scalable processes.
- Why this job: Become a key player in shaping risk strategies and enhancing operational efficiency.
- Qualifications: 10+ years in commodity operations or risk management with regulatory knowledge.
The predicted salary is between 80000 - 100000 £ per year.
This role liaises from time to time with the firm’s external compliance consultants on regulatory reporting but does not own the Compliance function. Our client expects the successful candidate to be a strong advocate for technology and automation. Technical skills (Excel/VBA, SQL, Python) are not required, but a clear instinct for automating manual work, designing scalable processes, and pushing the firm’s tooling forward is essential.
Key Responsibilities
- Owning the full trade lifecycle across listed derivatives (ETD’s/ Futures) signing off the monthly NAV.
- Owning the Operational running of the Physical Copper book — warehouse receipts, LME Warrants, financing rolls, insurance, assays, freight, demurrage.
- Owning the Risk function: setting and monitoring credit and exposure limits at PBs/FCMs; daily measurement and review of VaR, exposure, market, credit and liquidity risk on the derivatives book; assessing the impact of market events and scenarios on the books and escalating to the founder/MD; warehousing, title, insurance and logistics risk on the physical book.
- Owning the operational, finance and administrative running of the firm — brokerage and invoice approvals, expense and vendor management, audit support, fund board reporting input, BCP and information-security oversight with the outsourced IT provider.
- Liaison with external compliance consultants on regulatory reporting (EMIR / UK EMIR via DTCC, AIFMD Annex IV, position reporting, periodic FCA/CFTC submissions); liaison with auditors, depositary, and fund directors.
- Driving automation and tooling improvements across the operations stack — partnering with the firm’s outsourced IT provider and pushing for scalable, low-touch processes wherever manual work can be eliminated.
Candidate Profile
Approximately 10+ years in Commodity-focused Operations, Risk, or COO functions at an Investment Manager, Hedge Fund, Commodity Trading House, or comparable institution. Deep familiarity with Listed dual UK/US regulation (FCA + CFTC/NFA); familiarity with our stack (Loqsea, TT, WebICE, Bloomberg, FIA Tech, DTCC GTR); personal proficiency with Excel/VBA, SQL or Python.
Senior Manager of Risk Management (Front Office Risk) ETD Commodities - to become Head of Risk [...] employer: Martis Search
As a leading player in the commodities sector, our company offers an exceptional work environment that fosters innovation and professional growth. With a strong emphasis on technology and automation, employees are encouraged to develop scalable processes that enhance operational efficiency. Located in a vibrant financial hub, we provide competitive benefits, a collaborative culture, and ample opportunities for career advancement, making us an ideal employer for those seeking meaningful and rewarding roles in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager of Risk Management (Front Office Risk) ETD Commodities - to become Head of Risk [...]
✨Tip Number 1
Network like a pro! Reach out to your connections in the commodities and risk management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your tech-savvy side! Even if you’re not a coding whiz, highlight your instinct for automation and process improvement in conversations. Share examples of how you've streamlined operations in the past – it’ll make you stand out as a forward-thinking candidate.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of regulatory frameworks like EMIR and FCA/CFTC. Be ready to discuss how you’ve navigated compliance challenges in previous roles. This will show you’re not just a fit for the role, but also a valuable asset to the team.
✨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. So, get that application in and let’s get the conversation started!
We think you need these skills to ace Senior Manager of Risk Management (Front Office Risk) ETD Commodities - to become Head of Risk [...]
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the job description. Highlight your experience in risk management and any relevant tech skills, even if they're not mandatory. We want to see how you can own the trade lifecycle and drive automation!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background aligns with our needs. Don’t forget to mention your advocacy for technology and automation – that’s a big plus for us!
Showcase Relevant Experience:When detailing your work history, focus on roles that involved commodity operations or risk functions. We’re looking for someone with a solid understanding of the full trade lifecycle and experience with regulatory compliance, so make that clear!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing candidates who take that extra step!
How to prepare for a job interview at Martis Search
✨Know Your Trade Lifecycle
Make sure you understand the full trade lifecycle across listed derivatives, especially ETDs and Futures. Be ready to discuss your experience with managing these processes and how you've ensured accuracy in monthly NAV sign-offs.
✨Showcase Your Automation Instinct
Since the role emphasises technology and automation, come prepared with examples of how you've automated manual tasks or designed scalable processes in your previous roles. Highlight any specific tools or methods you've used to push for improvements.
✨Familiarise Yourself with Regulations
Brush up on your knowledge of UK and US regulations, particularly FCA and CFTC/NFA. Be ready to discuss how you've navigated compliance issues in the past and your approach to liaising with external compliance consultants.
✨Demonstrate Risk Management Expertise
Prepare to talk about your experience in setting and monitoring credit and exposure limits, as well as your daily risk measurement practices. Use specific examples to illustrate how you've assessed market events and their impact on risk.
