Market Risk Manager, Switzerland, Zug

Market Risk Manager – Oil & Products

Overview

A leading global trading house is seeking a high-calibre Commodity Market Risk Analyst/Manager. This is a front-facing risk role with exposure across both physical and financial commodities, supporting a fast-paced and highly regarded Oil Trading team

Key Responsibilities

• Provide independent market risk oversight for crude oil and refined products trading activities, ensuring exposures remain within the firm’s risk appetite and governance framework.
• Perform detailed analysis of risk positions across physical and financial oil portfolios, identifying key drivers of P&L volatility and market exposure.
• Monitor and challenge trading strategies through regular assessment of directional, spread, basis, and optionality risk.
• Design, enhance, and maintain risk analytics, reporting capabilities, and control frameworks to support effective decision-making.
• Lead stress testing and scenario analysis exercises, evaluating the impact of geopolitical events, supply disruptions, inventory changes, and market dislocations.
• Oversee risk limit utilisation, investigate breaches, and provide clear recommendations to senior stakeholders.
• Collaborate closely with front-office traders, quantitative teams, operations, and senior management to ensure a comprehensive understanding of portfolio risk.
• Contribute to the development of market risk methodologies, valuation controls, and risk governance processes across global energy markets.

Candidate Profile

• 5+ years of experience in market risk, trading risk, quantitative risk, or a related front-office support function.
• Strong understanding of oil markets, including crude, distillates, gasoline, fuel oil, and other refined products.
• Experience analysing derivative instruments such as futures, swaps, options, and structured commodity products.
• Candidates from commodities, energy trading, fixed income, or cross-asset market risk backgrounds are encouraged to apply.

Technical Skills

• Strong quantitative, analytical, and problem-solving capabilities.
• Hands-on experience with market risk metrics including VaR, stress testing, sensitivity analysis, and exposure monitoring.
• Proficiency with risk systems, data analytics tools, and large datasets.
• Advanced Excel skills and familiarity with Python, SQL, or other analytical programming languages.
• Ability to convert complex risk information into clear, actionable insights for both technical and non-technical stakeholders.