Commodity Risk Manager

Vor 3 Tagen


Zurich, Schweiz Barry Callebaut Vollzeit

Commodity Risk Manager

**Location**:Zurich, CH, 8005At Barry Callebaut, we are on a journey to transform the cocoa and chocolate industry. As the world’s leading manufacturer of high-quality chocolate and cocoa products, our actions truly shape the future of our industry. We are a business-to-business company, serving the entire food sector, from the cocoa bean to the finest chocolate product. We are a company with a purpose, we believe in doing well by doing good and reinvesting in the communities we operate. We have a long-standing commitment to sustainability and our goal is to shape a sustainable cocoa and chocolate future. We are headquartered in Zurich, and have more than 12,000 passionate Employees working in more than 40 countries worldwide. We are very proud of who we are and what we do. And of course, we are always looking for talented people to help us have a positive impact on our industry and beyond

**About the role**
- We are looking for a Commodity Risk Manager to model BC’s commodity P&L risk from physical and derivative positions using Value-at-Risk, Stress Tests, scenario analysis, and other metrics. It is a critical role in helping the risk team and sourcing teams assess the commodity P&L risk and adjust the hedging strategy if needed. The role is based in Zurich and reports to the Head of Group Market Risk**Key responsibilities include**- Analyze the drivers of the Group’s Commodity Value-at-Risk movements using a historical VaR. Run VaR backtests.
- Central monitoring of the risk and P&L of derivative books in the risk systems:Monitor option risk with scenario analysis, payoff charts, greeks and other
-Maintain daily P&L repor.ts and analyze the P&L drivers
-Set up the valuation and modelling of new derivative types in the risk systems if required
-Build new custom risk reports in alignment with risk
- and trading teams
Run and maintain the Group’s commodity stress tests
- Trade Surveillance for commodity derivatives: Monitor the trading activity, follow up on signals from the trade surveillance system, and escalate them if needed
- Continuously develop the Group’s risk models and risk infrastructure (together with the IT department)**About you**- University Master’s degree in quantitative finance/ statistics/ economics/ mathematics or similar education
- Minimum 5 years of work experience in market risk management in a financial institution, commodity trading/sourcing department, or in risk consulting
- Strong statistical knowledge, knowledge of risk metrics, and option pricing
- Advanced Excel skills and experience with advanced calculation tools (Python, R, Matlab or similar)
- A qualification in risk management is a plus (FRM certificate or similar)
- Fluent in English
- Experience in projects as a business partner or project manager is a plus
- Knowledge of commodity futures markets and FX is a strong plus
- Experience in SAP BW, SAP Analytics Cloud or Power BI is a plus
- Ability to drive smaller projects independently and be closely involved in the technical implementation (specification and testing)
- Strong analytical skills
- Curiosity to understand positions and potential risks
- Drive for constant improvements in risk infrastructure and methods
- Hands-on, being able to work with prototyping and manual checks
- High integrity
- Team player and a proactive nature with good communication skills
- Continuous improvement mentality and adaptable to constant change and fast paced environment
- Able to work in cross-functional and multi-country environmentsAt Barry Callebaut, we are committed to Diversity & Inclusion. United by our strong values, we thrive on the diversity of who we are, where we come from, what we’ve experienced and how we think. We are committed to nurturing an inclusive environment where people can truly be themselves, grow to their full potential and feel they belong. **#oneBC - Diverse People, Sustainable Growth.**

If you want to learn more about Barry Callebaut, please find further information here.

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