Background on the Position

The role will reside within the Firm Risk Management's Market Risk Department (MRD) which is a team dedicated to providing governance and oversight of all market risk arising from the Firm's business activities. This is an Associate level role in New York, located on the trading floor, as part of the market risk coverage team for the commodities division. This role encompasses extensive interaction with trading teams, various risk functions, IT and other control groups, with a particular focus on day-to-day market risk management, scenario analysis and stress testing for the commodities business which includes north America power and gas, EU power and gas, emissions, oil and oil products, metals and agricultural products.

Primary Responsibilities
> Provide in-depth market risk analyses across various commodities asset classes and escalate key risks to senior management
> Run Va R and scenario analyses for transaction approval processes
> Work closely with the trading Desk, Risk Infrastructure team and Market Risk technology, to ensure that key risks are identified, measured, managed and produced on a timely and accurate basis
> Provide support for the commodities market risk team and think proactively and strategically about risk analyses of structured transactions
> Maintain constant dialogue with commodities trading desks and front office support groups regarding trading strategies, limit usage, and risk representation of client transactions

Skills and Experience required
> Preferred strong communication and presentation skills
> Desired strong familiarity with Va R calculations, stress testing and scenario analysis for derivatives products
> Detail oriented with exceptional organizational skills, analytical thinking, and problem-solving abilities
> Preferred strong quantitative and technical skills (e.g. SQL, R, Matlab, Python, Excel)
> Strong proficiency in MS Office and related applications (Power Point, Excel, Word)
> Plus: Commodities experience. FRM or ERP certification