Market Risk Analyst - Commodities - Middle Office

This opportunity is with one of our clients, a global commodity trading firm operating in more than 30 countries across the globe.

Job Title: Market Risk Analyst - Middle office

Reporting: Head of Risk, Dubai

Job Location: Mumbai

Shift Timing: 9 AM - 6 PM IST | Work from Office only | 5 day working week

Role Summary:

- The middle office team's primary responsibilities revolve around monitoring all elements of the risk and exposures related to commercial commodity trading activity.

- The team's market and risk analysis highlighting exposure, optionality and P&L are reported directly to the Front Office and Management on a real time basis.

- The Middle Office Analyst will be expected to work at the Mumbai office; domestic and international business travel may be required.

Key Responsibilities:

- Risk monitoring: The middle office continuously monitors trading activities to identify potential risks such as market risks, counterparty risks, operational risks, etc. They analyze financial data and market indicators to detect patterns and trends that could indicate increased risks.

- Risk assessment: The middle office assesses risks associated with new products, trading strategies, or proposed transactions. They perform quantitative and qualitative analyses to evaluate risk exposures and potential impacts on the trading portfolio.

- Model development: The middle office develops and enhances risk management models used by the trading company. This may include mathematical and statistical models for risk measurement, simulation models to assess stress scenarios, and valuation models to estimate the value of financial instruments.

- Reporting and presentations: The middle office prepares regular risk reports for the management of the trading company. They communicate the results of their analyses and provide recommendations to mitigate identified risks. They may also collaborate with other departments such as the front office (traders) and the back office (operations) to ensure effective risk management coordination.

- Regulatory compliance: The middle office ensures that trading activities comply with financial regulations and internal company standards. They monitor regulatory developments and update risk management policies accordingly.

Ideal Candidate should have :

- Minimum 2+ years of experience

- Experience in Oil Commodity is preferred

- Reasonable data analytical skills

- Proficient excel, VBA abilities, (Python is a plus)

- Bachelor's Degree in Engineering/Finance. Preferred Qualification: Master's Degree