Role Overview
Lead the risk management function for a sophisticated commodity trading portfolio with a focus on macro-level supply, demand, and storage factors. Reporting to the Head of Macro Trading Risk, this position plays a central role in evaluating and communicating risk exposures, supporting strategic decision-making, and acting as a trusted advisor across risk and investment teams. The role also includes backup responsibilities for the Head and expanding oversight into non-commodity asset classes.
Key Responsibilities
- Assess and clearly articulate potential losses tied to individual trades, thematic positions, and the overall commodity portfolio.
- Evaluate stress test outcomes in light of current market conditions and supplement with forward-looking analyses to form reasoned views on risk exposure and sensitivity.
- Collaborate with portfolio managers, the CRO, and the CIO to deepen understanding of risk drivers and support mitigation strategies.
- Support risk governance by advising on exceptions to investment guidelines and monitoring adherence to risk appetite.
- Enhance risk analytics frameworks by refining models, integrating new data sources, and improving methodologies for VaR, CVaR, Greeks, and scenario analysis.
- Investigate liquidity dynamics across markets, accounting for seasonality, maturity effects, and stress environments.
- Ensure timely delivery of risk reports and contribute to the evolution of market risk appetite in coordination with senior leadership.
- Expand risk oversight beyond commodities and assist in shaping firm-wide risk practices.
Qualifications
- Minimum of 7 years in commodities trading or risk management at a hedge fund or financial institution.
- Deep knowledge of commodity markets, trading strategies, and risk modeling principles.
- Strong grasp of probability, statistics, and their application to financial risk assessment.
- Proven ability to challenge assumptions, identify model limitations, and synthesize complex information into clear insights.
- Excellent communication skills with the capacity to build trust across technical and investment teams.
- Self-directed thinker who prioritizes high-impact analysis and adapts quickly in a dynamic setting.
- Comfortable working with multi-asset risk platforms such as RiskMetrics and Aladdin.
- Bachelor’s degree in mathematics, physics, economics, engineering, computer science, or related field; advanced degree preferred.
- Professional certifications such as CFA, FRM, or PRMIA are advantageous.
- Authorization to work in the U.S. without sponsorship now or in the future is required.
Work Environment
This role operates within a hybrid model, combining in-office collaboration in New York City with remote flexibility. The culture emphasizes intellectual rigor, continuous learning, ethical integrity, and inclusive teamwork. The firm values analytical depth, independent thinking, and a commitment to investor-aligned outcomes.
