Market Risk Analyst

Full Description

Market Risk Analyst – Oil or Liquids

· Management of risk position, understanding pricing exposure generated by contracts and ownership of position reporting, reconciliation and hedge instructions for specific products or groups of products
· Production of daily mark to market reports, valuation of open positions and day one trading margins
· Working alongside the team to manage reference data within the trading system (quotes, curves) and accuracy of deal entry.
· Support the team, cross cover to help balance workload
· Back-office reconciliation, aiding the month end close process to ensure accuracy of the accounting result by reconciling between mark to market and management accounts.
· Ad-hoc analysis and breakdowns to support the trading business, improving transparency in the values and positions generated by business activities.
· Aid the transition of our current processes from an Excel based report into a structured CTRM system.

Competencies

· Min. 4 years’ experience working as part of a substantial market desk or market risk team.
· Excellent data analysis and reporting skills
· Adept at manipulating complex and large datasets in Excel, strong knowledge of spreadsheet design, structure and formulae.
· Substantial practical experience in managing risk in a liquid products trading environment
· Responsibility for mark to market reporting and position management including calculating exposure and assessing hedging requirements.

Personal
· Have a questioning and inquisitive mind – not afraid to ask questions or challenge convention, nor to drive improvements and efficiencies as appropriate
· Be flexible and adaptable, understand the overall goals of the team and actively seek to help achieve them.
· A self-starter that can identify gaps and structure their own workload to address problems that need resolving
· A strong team ethic working as part of the group to a common goal.