Interim Market Risk Manager
Posted 1 week ago by Communicate Recruitment Solutions
£150 Per hour
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Interim Market Risk Manager role at a leading energy company focuses on overseeing market risk and middle office functions within the Finance department. This position involves shaping the group's market risk management approach and enhancing control frameworks while collaborating with various stakeholders. The role is pivotal in ensuring trading activities align with risk appetites and internal policies. It offers a unique opportunity to influence risk practices in a dynamic trading environment.
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.
Key Skills:
- 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.
Salary (Rate): £150.00/hr
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Energy
Interim Market Risk Manager 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 Marker 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.