Description

A leading global multi strategy hedge fund is seeking an experienced commodities risk manager to oversee FTR trading. This hire is crucial toward the success of a new FTR trading business at the established fund and will operate as a partner to their already well-established commodity trading business.

The commodities desk is the fastest growing revenue generating portion of this fund, and responsibilities will include:

• Establishment of an advanced risk framework for FTRs
• Strong understanding of FTR risk exposures and P&L
• Work with existing FTR PM on risk management and help to onboard new PM hires in FTRs
• Scale risk capabilities and develop new risk systems and develop code base/tools to be used in the risk library
• Work with non-commodities risk managers to elaborate on FTR specific risk exposures and implement risk strategies used in other asset classes

Necessary Experience:

• Minimum of 8 years in FTR and US Power trading
• Primary experience focused on FTRs specifically
• Physical power market knowledge (grid topology, congestion calculation methodologies)
• Python, SQL, Excel
• VaR and Stress Testing experience

Secondary Experience:

• Risk framework development for physical trading
• Other commodities market knowledge (oil + gas, softs/ags, etc.)
• Power systems