Risk Manager - Commodities

Job title: Risk Manager - Commodities

About the Role Marex is seeking a risk professional to provide risk oversight across the group with a focus on commodity markets. The role involves daily monitoring of firm house positions, developing and enforcing risk measures and controls, and collaborating with Sales, Traders, Model Validation, Finance and Risk Management to ensure accurate pricing and risk representation.

What You'll Do

• Risk oversight: Daily monitoring and reporting on firm house positions including VaR, sensitivity analysis, and stress testing. Identify and escalate key risks to both Risk and Business Senior Management.
• Risk and control framework: Define, review, and enhance risk measures and methodologies, and enforce risk limits. Challenge risk-taking activities relative to approved risk appetite. Develop and enhance current risk controls, processes, and systems.
• Risk analysis: Provide timely detailed analysis on key risks, drivers of profit-and-loss (P&L), trend analysis, and market volatility and liquidity.
• Product coverage: Develop a strong understanding of the fundamental and technical aspects of all markets traded, with a focus on Commodity markets.
• Stakeholder engagement: Partner with sales, traders, model validation, finance, and the Risk management team to ensure accurate pricing, valuation, and risk representation.
• Governance and regulatory compliance: Ensure adherence to internal policies and external regulatory requirements.

What We're Looking For

• Demonstrable and recent experience risk managing exchange traded futures & options. Commodities financial and physical risk management experience would be preferable but not essential.
• A strong quantitative background gained in education and/or in a professional setting with exposure to risk management concepts, including VaR, sensitivities & stress testing.
• Good understanding of processes, controls and responsibilities associated with a financial markets business.
• Understanding of pre-trade and post-trade risk controls and their applications.
• Strong Microsoft Office skills and strong programming skillset preferred (C+, SQL, Python, Matlab).
• Degree in Mathematics, quantitative finance or risk management related is preferred.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
• Experience managing is preferable but not essential.

Nice to Have

• Commodities risk management experience preferred.
• Programming skills (C++, SQL, Python, Matlab) preferred.
• Degree in Mathematics, Quantitative Finance or Risk Management preferred.
• Experience working in regulated environments or familiarity with risk and compliance requirements.