Market Risk Manager - Commodities

VP - Market Risk Manager - Commodities

A leading global financial services organisation is seeking an experienced Market Risk Manager (VP level) to join its London-based Risk Management function. The focus will be on Commodities, paper and physical across a range of products including Oil, Energy and Agri in addition to complimentary derivatives.

This is a high-profile opportunity to join a growing global team responsible for overseeing market and clearing risk across a broad range of capital markets activities, with a strong focus on commodities products.

The role offers significant interaction with front office trading teams, senior risk leadership, and key stakeholders across the business, providing both strategic exposure and hands-on involvement in complex risk management initiatives.

Key Responsibilities

• Provide independent market risk oversight across capital markets and commodities trading desks.
• Monitor and analyse bilateral and cleared trading exposures across a range of derivative and structured products.
• Review and challenge key risk metrics including VaR, stress testing, scenario analysis, sensitivities, and Greeks.
• Partner with trading, structuring, finance, and model/risk methodology teams to ensure robust risk governance.
• Support oversight of cleared products, margin methodologies, and capital/liquidity impacts.
• Contribute to risk appetite frameworks, limit monitoring, and escalation processes.
• Participate in new product approval processes and assess risks associated with structured transactions and complex trading activity.
• Deliver clear and concise reporting to senior management and global risk committees.

Candidate Requirements

• 7-12+ years of experience within Market Risk Management.
• Strong knowledge of commodities markets and associated derivative products.
• Experience with market risk methodologies including VaR, stress testing, and scenario analysis.
• Excellent analytical, quantitative, and communication skills.
• Ability to engage effectively with senior stakeholders and front office teams.
• Experience working within investment banks, broker-dealers, commodity trading firms, or similar financial institutions preferred.
• Exposure to Python, SQL, or VBA would be advantageous.

The Opportunity

This role offers the chance to join a highly visible and commercially engaged risk team within a dynamic global organisation. The successful candidate will gain broad product exposure, strong senior stakeholder interaction, and the opportunity to influence risk oversight within a fast-paced trading environment.