Goldman Lloyds · 9 hours ago
Risk Manager Commodities
NYC Metro Area
Full-time
Onsite
Senior Level
$200K/yr - $250K/yr
5+ years expGoldman Lloyds is a leading hedge fund with significant global commodities trading activity, seeking an experienced Commodities Trading Risk Manager to join its New York office. This role involves independent oversight of market risk across commodity portfolios, focusing on derivatives and complex trading strategies while acting as a strategic risk partner to portfolio managers and traders.
ConsultingFinancial ServicesProfessional Services
Responsibilities
Monitor and analyze market risk across commodities portfolios including energy, metals, and agricultural products
Oversee risk exposures arising from futures, options, swaps, and structured derivatives
Evaluate risk drivers such as volatility, curve, basis, correlation, and liquidity risk
Develop and maintain market risk metrics including VaR, stress testing, scenario analysis, and Greeks
Produce daily and ad-hoc risk reports for portfolio managers, CIO, and senior leadership
Identify emerging risk concentrations and communicate actionable insights in real time
Work closely with traders and portfolio managers to understand strategies, positioning, and risk intent
Provide independent challenge on risk-taking decisions while supporting commercial objectives
Review and approve new strategies, instruments, and complex trade structures
Enhance risk models, stress scenarios, and valuation methodologies relevant to commodities and derivatives
Partner with quantitative and technology teams to improve risk systems, data integrity, and analytics
Conduct back-testing and performance reviews of risk models
Maintain risk limits, escalation protocols, and breach management processes
Support internal governance forums and contribute to risk policy development
Ensure strong risk discipline consistent with hedge fund best practices
Qualification
Required
5+ years of experience in commodities market risk within a hedge fund, proprietary trading firm, investment bank, or energy trading house
Deep understanding of commodities derivatives (options, swaps, futures) and associated risk dynamics
Strong expertise in market risk methodologies including VaR, stress testing, and sensitivity analysis
Solid knowledge of commodity market microstructure, pricing, and volatility behavior
Advanced analytical skills with the ability to interpret complex portfolios and explain risk clearly
High proficiency in Excel and at least one analytical/programming language (Python, R, SQL, or similar)
Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field
Preferred
Experience supporting systematic or discretionary commodities strategies
Exposure to both physical and financial commodities
Background in quantitative risk, model validation, or trading analytics
FRM, CFA, or similar professional certification is a plus
Company
Goldman Lloyds
An executive search firm powering financial markets globally, our client portfolio includes some of the world's most famous and reputable investment management firms and clients in the Web3 eco-system.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase