Market Risk Adviser
BH-312296-1
Posted: 28/08/2025
- Competitive
- England South East London
- Contract
-
Oil & Gas
Job Title: Market Risk Adviser
Location: London
Our client, a major oil and gas operator, are currently hiring a Market Risk Adviser on a contract basis in London.
Purpose of Role:
• Market Risk Adviser supports the company’s market risk management efforts by providing advanced analysis, insights, and recommendations on market exposures across energy and commodity markets. This role involves deep engagement with stakeholders, complex risk modelling, and a proactive role in shaping risk mitigation strategies.
Areas of Responsibility Competence Level:
1. Market Risk Analysis
• Identify and assess market risks including commodity price, FX, interest rate, and basis risks.
• Conduct advanced quantitative analysis, scenario modelling, and stress testing to evaluate potential exposures.
• Build develop and evaluate risk models and tools to enhance risk measurement capabilities.
• Lead the design and implementation of market risk mitigation strategies, ensuring they are aligned with the client’s evolving risk profile and market conditions.
2. Risk Monitoring & Reporting
• Monitor market risk exposures and key risk indicators, identifying emerging risks and trends.
• Maintain a comprehensive understanding of market risk profile, including the composition, drivers, and historical evolution of exposures
• Identify and escalate growing or concentrated exposures, illiquid positions, and material changes to the client’s optimisation market risk profile
• Build, prepare and present detailed risk reports and dashboards for management and internal stakeholders.
• Refine risk reporting processes, controls and templates.
• Monitor hedge performance
4. Governance & Compliance
• Ensure compliance and advice on internal risk policies and external regulatory requirements.
• Lead internal audits and regulatory reviews related to market risk.
• Contribute to the ongoing development of the market risk governance framework.
5. Stakeholder Engagement
• Work closely with trading desks, commercial teams, and finance to provide risk insights, problem solving and support decision-making.
• Communicate complex risk concepts clearly to both technical and non-technical audiences, up to and including senior leaders.
• Participate in cross-functional projects and working groups related to risk and finance.
6. Market Intelligence
• Stay informed on market developments, macroeconomic trends, and regulatory changes affecting energy and commodity markets, recommending courses of action to senior leaders.
• Conduct research and analysis to assess the potential impact of external events on the company’s risk profile, presenting and implementing insights and actions based on that analysis.
Ability to mentor and support less experienced team members, both within the function and across Finance
Critical Skills Qualifications Experience, etc.:
• Bachelor’s degree in finance, Economics, Mathematics, Engineering, or a related field. Professional certifications (e.g., FRM, CFA) are advantageous.
• 4–6 years of experience in market risk, trading, or quantitative analysis, preferably in the energy or commodities sector.
• Advanced Excel, knowledge of SQL/Database queries an advantage.
• Solid understanding of financial markets, derivative instruments, and risk management principles.
• Proficiency in risk modelling tools and techniques (e.g., VaR, stress testing, Monte Carlo simulation).
• Strong analytical, communication, and stakeholder engagement skills with an ability to advice and persuade stakeholders.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
Reporting Links: VP – Market Risk and Business Change
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.
Location: London
Our client, a major oil and gas operator, are currently hiring a Market Risk Adviser on a contract basis in London.
Purpose of Role:
• Market Risk Adviser supports the company’s market risk management efforts by providing advanced analysis, insights, and recommendations on market exposures across energy and commodity markets. This role involves deep engagement with stakeholders, complex risk modelling, and a proactive role in shaping risk mitigation strategies.
Areas of Responsibility Competence Level:
1. Market Risk Analysis
• Identify and assess market risks including commodity price, FX, interest rate, and basis risks.
• Conduct advanced quantitative analysis, scenario modelling, and stress testing to evaluate potential exposures.
• Build develop and evaluate risk models and tools to enhance risk measurement capabilities.
• Lead the design and implementation of market risk mitigation strategies, ensuring they are aligned with the client’s evolving risk profile and market conditions.
2. Risk Monitoring & Reporting
• Monitor market risk exposures and key risk indicators, identifying emerging risks and trends.
• Maintain a comprehensive understanding of market risk profile, including the composition, drivers, and historical evolution of exposures
• Identify and escalate growing or concentrated exposures, illiquid positions, and material changes to the client’s optimisation market risk profile
• Build, prepare and present detailed risk reports and dashboards for management and internal stakeholders.
• Refine risk reporting processes, controls and templates.
• Monitor hedge performance
4. Governance & Compliance
• Ensure compliance and advice on internal risk policies and external regulatory requirements.
• Lead internal audits and regulatory reviews related to market risk.
• Contribute to the ongoing development of the market risk governance framework.
5. Stakeholder Engagement
• Work closely with trading desks, commercial teams, and finance to provide risk insights, problem solving and support decision-making.
• Communicate complex risk concepts clearly to both technical and non-technical audiences, up to and including senior leaders.
• Participate in cross-functional projects and working groups related to risk and finance.
6. Market Intelligence
• Stay informed on market developments, macroeconomic trends, and regulatory changes affecting energy and commodity markets, recommending courses of action to senior leaders.
• Conduct research and analysis to assess the potential impact of external events on the company’s risk profile, presenting and implementing insights and actions based on that analysis.
Ability to mentor and support less experienced team members, both within the function and across Finance
Critical Skills Qualifications Experience, etc.:
• Bachelor’s degree in finance, Economics, Mathematics, Engineering, or a related field. Professional certifications (e.g., FRM, CFA) are advantageous.
• 4–6 years of experience in market risk, trading, or quantitative analysis, preferably in the energy or commodities sector.
• Advanced Excel, knowledge of SQL/Database queries an advantage.
• Solid understanding of financial markets, derivative instruments, and risk management principles.
• Proficiency in risk modelling tools and techniques (e.g., VaR, stress testing, Monte Carlo simulation).
• Strong analytical, communication, and stakeholder engagement skills with an ability to advice and persuade stakeholders.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
Reporting Links: VP – Market Risk and Business Change
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.