Front Office Risk Manager - Energy Trading - Bonhill Partners - #2082361

We are seeking an experienced Senior Front Office Risk Manager to join a high-performing risk function and act as a key partner to trading, origination, analytics, and executive leadership teams. This is a highly visible role offering significant influence over portfolio risk oversight, strategic decision-making, and governance processes.

The successful candidate will combine deep market knowledge, strong quantitative capabilities, and commercial judgement to challenge, support, and guide trading activity across a complex portfolio.

Reporting to the Head of Risk, you will play a leadership role within the Front Office Risk team, helping to shape risk strategy, develop junior team members, and provide independent oversight of trading activities.

You will be responsible for assessing portfolio exposures, evaluating new commercial initiatives, and ensuring senior stakeholders have a clear understanding of material risks and opportunities across the business.

1. Provide independent assessment of risk exposures across trading portfolios.
2. Deliver insightful analysis on market, portfolio, and structural risks to senior management and trading leadership.
3. Monitor changing market conditions and evaluate their impact on portfolio performance.
4. Challenge assumptions and provide balanced views on risk-adjusted returns.
5. Develop a forward-looking perspective on emerging market risks and opportunities.

1. Work closely with traders, originators, analysts, and quantitative teams to understand trading strategies and portfolio positioning.
2. Support discussions around portfolio optimisation and risk allocation.
3. Review and challenge trading strategies from a risk and capital perspective.
4. Provide independent recommendations on risk management actions where appropriate.

1. Lead the review and approval process for new trading activities, products, and commercial initiatives.
2. Assess proposed business opportunities to identify material market, operational, liquidity, credit, and model risks.
3. Coordinate stakeholder reviews across Risk, Operations, Finance, Compliance, Legal, and Technology teams.
4. Facilitate governance forums and ensure robust documentation of decisions and risk considerations.
5. Drive continuous improvement of governance standards and approval frameworks.

1. Produce high-quality analysis and reporting for senior executives and risk committees.
2. Present complex risk concepts clearly and concisely to both technical and non-technical audiences.
3. Oversee the development of analytical tools, risk dashboards, and portfolio monitoring capabilities.
4. Contribute to enhancements of risk methodologies and measurement frameworks.

1. Provide day-to-day guidance, coaching, and oversight to members of the Front Office Risk team.
2. Support talent development and succession planning within the function.
3. Foster a collaborative, high-performance team culture focused on continuous improvement.

1. Significant experience within commodity trading, energy markets, investment banking, hedge funds, or other trading-intensive environments.
2. Proven track record in market risk, commercial risk management, or front-office trading roles.
3. Experience engaging directly with traders, commercial teams, and senior decision-makers.
4. Strong understanding of derivatives, structured products, and portfolio risk management techniques.
5. Demonstrated experience evaluating and approving new business initiatives or trading activities.
6. Excellent analytical skills with the ability to translate complex data into practical commercial insights.

1. Knowledge of Power, Gas, LNG, environmental products, or related commodity markets.
2. Experience with quantitative risk models, scenario analysis, and portfolio optimisation techniques.
3. Exposure to algorithmic, systematic, or quantitative trading strategies.
4. Experience developing analytical tools, reporting frameworks, or risk systems.

1. Advanced understanding of market risk methodologies, including VaR, stress testing, scenario analysis, and exposure measurement.
2. Strong quantitative and statistical analysis capabilities.
3. Advanced Excel skills and experience working with large datasets.
4. Familiarity with Python programming, data analytics, or risk technology platforms would be advantageous.

1. Credible and influential stakeholder manager.
2. Strong leadership and people management capabilities.
3. Commercially minded with sound judgement and the confidence to challenge constructively.
4. Excellent written and verbal communication skills.
5. Comfortable operating in a fast-paced and evolving trading environment.
6. Able to balance strategic thinking with hands-on execution.

1. Bachelor's degree in a quantitative discipline such as Finance, Economics, Mathematics, Engineering, Physics, Statistics, or a related field.
2. Postgraduate qualifications and professional certifications such as FRM, PRM, CQF, ERP, MSc, or equivalent are advantageous.