Derivative Operations Manager - Dubai, United Arab Emirates - charterhouse
Description
Job description /Role
Employment:Full Time
Charterhouse is working with a large,global Commodity Trading company who is looking to recruit aDerivative Operations Manager for their growing Dubai office.
Ourclient delivers bulk commodities to more than 40 countries and hasoffices in 20 countries worldwide, which is evidence of theirimpressive global footprint.
The DerivativeOperations Manager will be involved in a combination of operationaland statistical responsibilities, and will be focused on ensuringthat all executed derivative transactions are captured in ERP andallocated correctly.
This role will beresponsible for developing a cash Value at Risk model, providing averified deal list to middle office and risk teams, as well asproviding cash flow forecasts to treasuryteam.
The Manager shall act as an additionalcontrol on behalf of middle office, risk and treasury teams toensure that cash limits and VAR limits are maintained.
Requirements
To beconsidered for this role, the successful candidate should have anexcellent understanding of statistics, particularly VARcalculations and volatility models.
Our client will aim to hiresomeone who has experience in derivatives markets as operationsanalyst or trader positions in a commodity or a financialcompany.
The ideal candidate will be able todemonstrate a very detailed method to the work, and a commitment tooperational excellence in derivative activities.