The Risk Controlling team of this well known Commodity trading house is responsible for appropriate valuation of positions and provision of daily Risk and Performance Information to the Trading desks and Senior Management including analysis and commentary on positions, risk measures and performance movements.
Responsibilities:-
• Value added risk analysis to challenge and support trading strategies. • Daily check and documentation of forward curves used for position valuation against available market data from Information Services, Journals and Brokers. • Preparation of position and P&L reports for the Oil and the Gas Trading desk’s trading books on a daily and monthly basis. • Play a key part in a number of varied projects across the business. • Provision of detailed analysis of risk measures, positions, P&L and trading strategies for traders, finance and Senior Management. • Risk measurement and limit checking, including stress testing and validation of input parameters used for pricing models. • Monitoring and improving risk system interfaces.
Requirements:-
• An experienced market risk analyst with commodity knowledge • Knowledge of the oil market would be an advantage • Detailed knowledge of Risk Management techniques and their application in commodity markets. • Disciplined and organised approach to work with the ability to work within tight deadlines • Ability to take accountability for work given and ensure tasks are delivered in a timely and complete fashion • Enthusiastic approach to work with a willingness to create and evolve with changing processes. • Ability to communicate well with other departments. • Degree-level candidate-preferably with a Maths or Economics based qualification. • Excellent Excel/VBA skills and SQL/Business Objects if possible
