Senior Risk & Trading Operations Manager (10+ Years Experience) Location: [ Hybrid]

Department: Risk Management & Trading Operations

Reports To: Chief Risk Officer (CRO) / Head of Trading / CFO

Job Purpose The Senior Risk & Trading Operations Manager serves as the critical bridge between front-office trading and back-office accounting , ensuring risk mitigation, operational efficiency, and regulatory compliance across metals trading and financial instruments. This role requires deep expertise in financial risk modeling, trade lifecycle management, and process automation , with a focus on metals markets (precious/industrial) .

Core Responsibilities

• Risk Management & Exposure Control
• Credit Risk:

• Establish credit limits for counterparties, monitor exposures, and enforce collateral agreements.
• Conduct credit risk assessments using PD/LGD models, rating agency data, and internal scoring.

• Market Risk:

• Develop and maintain VaR (Value-at-Risk), stress testing, and scenario analysis models for metals portfolios.
• Monitor liquidity risk, basis risk, and gap risk in commodity derivatives (forwards, futures, options).

• Operational Risk:

• Identify and mitigate risks in trade execution, settlement fails, and margining errors.
• Implement SOX controls, reconciliation breaks resolution, and fails management.

• Trading & Middle Office Optimization
• Trade Lifecycle Management:

• Oversee trade capture, confirmation, settlement, and reconciliation for OTC and exchange-traded metals products.
• Ensure STP (Straight-Through Processing) and reduce manual interventions in trade flows.

• P&L Attribution & Reporting:

• Analyze daily P&L drivers, including MTM adjustments, funding costs, and hedging impacts.
• Investigate breaks between front-office risk systems and back-office accounting (e.g., SAP, Oracle GL).

• Hedging & Collateral Management:

• Optimize margin calls, collateral eligibility, and CSA (Credit Support Annex) compliance.
• Work with treasury on FX hedging, metal lease rates, and liquidity management.

• Regulatory Compliance & Audit
• Key Regulations:

• Ensure adherence to Basel III, EMIR, Dodd-Frank, MiFID II, and IFRS 9/13.
• Prepare regulatory reports (e.g., CFTC Large Trader Reporting, SEC filings).

• Internal Controls & Audit:

• Lead internal audits, SOX testing, and external regulator reviews.
• Document risk policies, trade surveillance controls, and compliance frameworks.

• Technology & Financial Modeling
• Systems & Tools:

• Bloomberg Terminal (CMDT, FA, PORT): Real-time pricing, risk analytics, and metals market data.
• Advanced Excel (VBA, Power Query, Power Pivot): Build P&L models, risk dashboards, and automated reports.
• SQL/Python (Preferred): Extract, transform, and analyze large trade datasets.

• Process Automation:

• Develop automated reconciliation tools between trading systems (e.g., Murex, Calypso) and accounting ledgers.
• Enhance real-time risk monitoring using Power BI/Tableau.

Required Qualifications & Skills Education & Certifications:

• Mandatory: Bachelor’s degree in Finance, Economics, Accounting, Math, or Engineering.
• Highly Preferred:

• CFA, FRM, CPA, or MBA (Finance/Risk Management).
• Certified Commodity Trader (CCT) or PMP (if process optimization-focused).

Experience (10+ Years):

• Front-to-Back Trading Operations:

• Experience in metals trading (LME, COMEX, OTC), including forwards, swaps, options.
• Knowledge of trade confirmation (MarkitWire, ICE Link), settlement (DTCC, CLS), and margining (ISDA SIMM).

• Risk Management:

• Proven track record in market/credit risk modeling (Monte Carlo, Greeks, CVA/DVA adjustments).
• Familiarity with risk systems (MSCI RiskMetrics, Bloomberg PORT, Reuters Kondor+).

• Accounting & Controls:

• Understanding of IFRS 9 hedge accounting, FAS 133, and trade booking flows (front to GL).

Technical Skills Category Tools/Expertise Trading Platforms Bloomberg, Reuters Eikon, LMEselect Risk Systems MSCI RiskMetrics, Algorithmics, Calypso Programming Excel VBA, SQL, Python (Pandas, NumPy) ERP/Accounting SAP FICO, Oracle Financials, Geneva Visualization Power BI, Tableau, ThinkCell

Performance Metrics (KPIs)

• Risk Reduction:

• Decrease VaR breaches by X% through enhanced hedging strategies.
• Reduce settlement fails by automating trade matching.

• Process Efficiency:

• Cut manual reconciliation time by implementing AI/ML-based matching tools.
• Improve STP rate from X% to Y% via API integrations.

• Regulatory Compliance:

• Zero material audit findings in annual regulatory reviews.

Why Join?

• High Visibility Role: Direct impact on trading strategy, risk appetite, and P&L.
• Cutting-Edge Tech: Opportunity to work with AI-driven risk models and automation tools.
• Global Exposure: Engage with LME, COMEX, Shanghai Futures Exchange (SHFE) markets.

Skills: python,trading,market risk analysis,advanced excel,operations,credit risk management,risk modeling,financial risk modeling,sql,trade capture,operational risk mitigation,hedging & collateral management,power bi,risk management,data analysis,internal controls,metals,risk,financial modeling,process automation,hedging strategies,trade lifecycle management,accounting,operational risk management,market risk management,regulatory compliance,p&l attribution,bloomberg terminal,financial analysis,credit risk assessment,risk systems,compliance,tableau,management