Company: ALTUM CONSULTING
Job Type: Permanent, FullTime
Salary: £110,000 - £130,000 per annum
Senior Risk & Audit Quantitative Analyst Location: London, Houston or Geneva Industry: CommoditiesSalary: Dependent on location, £110,000 - £130,000 + bonus in LondonFunction: Internal Audit
The Opportunity A global commodities firm is seeking a quantitatively strong professional to join a small but influential team operating at the intersection of Internal Audit and Risk Management. This newly defined position will play a key role in challenging and validating models, assumptions, and methodologies used across market and credit risk functions.
This is a rare opportunity to move into a broad and high-impact role that supports audit's independent view while actively engaging with risk modelling teams across the business.
Key Responsibilities -
Act as the primary liaison between Internal Audit and Risk teams (Middle Office)
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Challenge the integrity of risk models, estimates, stress testing, and pricing assumptions
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Support audit reviews with a deep understanding of market, credit, and operational risk
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Help evolve audit methodology to better reflect quantitative risks and control frameworks
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Deliver insight and assurance on model governance, risk architecture, and controls
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Collaborate across global teams including trading, risk, and compliance
Candidate Profile -
Strong academic background in a quantitative discipline (mathematics, physics, engineering, data science)
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Experience working in the risk department of a trading house or commodities-focused business
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Familiarity with energy or metals markets (physical or derivatives exposure preferred)
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Able to critically evaluate risk models and assumptions used in pricing, valuation, or limit setting
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Background in internal audit, model validation, or quantitative risk is highly advantageous
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While candidates from banking may be considered, the preference is for those with a commodities or trading background
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Open to those with direct experience in a similar role or those seeking a move out of a high-intensity environment such as the front office or risk management teams
Why Apply -
Rare cross-functional role with exposure to both internal audit and risk modelling
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Opportunity to shape a growing function at a global leader in trading
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International scope and location flexibility
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High visibility, high impact work