Risk Analyst - Kensington, United Kingdom - Insight

Insight

Verified Company

Kensington, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

At my client we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge.

Our global trading offices are staffed by experienced traders who count Gas, Crude Oil, Light and Middle Distillates, as well as Bitumen, as their specialties.

The traders are supported by skilled shipping and financial operations personnel from officesin Athens, Dubai, London, Houston.

Main responsibilities

Management and reporting of daily PnL for London trading desks
Monitoring and reporting overall physical and paper risk exposure for London trading desks
Monitoring and reporting any structural exposure and impact on daily PnL variation
Conducting analysis as required to identify breaks or anomalies in daily PnL reports
Ensure loading the proper price data and forward price curves in the risk system
Coordinating with trading desks on capturing the associated cost for the physical trades and reflecting them in the ETRM system
Validate and check the accuracy of the physical entries and hedges in the ETRM system
Clean/reduce accrual costs once final figures floats into the risk system by all other relevant departments
Collaborate with other team members on ad hoc projectsand process improvement

Desired skills, Education & Experience

Minimum of 7 years of relevant working experience in energy commodity markets, with sound understanding of trading concepts and risk metrics are required
Understand risk management tools and exposure management
Strong understanding of trade life cycle, business processes, policies, procedures and controls
Understanding of swaps, futures and options
Strong analytical skills ability to understand impact of market changes on PnL as well as an economic event in the lifecycle of a deal
Experience with energy trading and risk management systems (ETRM), Amphora Right Angle
Working knowledge of VaR, MTM, and quantifying position exposure
Able to work effectively in Global team
Demonstrate risk, product control or trade accounting experience
Effective communication skills
Strong MS office (Excel) skills will be beneficial. Experience of ETRM system will be of advantage
Bachelor's degree in Finance, Economics or Business with CFA, MBA, CA, or other related education is an asset