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:1. 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.

2. 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.

3. 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.

4. 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:CategoryTools/ExpertiseTrading PlatformsBloomberg, Reuters Eikon, LMEselectRisk SystemsMSCI RiskMetrics, Algorithmics, CalypsoProgrammingExcel VBA, SQL, Python (Pandas, NumPy)ERP/AccountingSAP FICO, Oracle Financials, GenevaVisualizationPower BI, Tableau, ThinkCellPerformance 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.