Our Client is a global Energy Trading business who are seeking a Market Risk Analyst to further support their growing activities of their European trading portfolio providing views of key risk issues.
Interact daily with Trading desks and Fundamental analysis teams to facilitate independent analysis, advise on portfolio management and challenge trading strategies
Conduct weekly deep dives on current trading positions to identify risks and produce well-written commentary for presentation at weekly meetings with the executive team
Liaise with functions to escalate and resolve emergent risk issues as appropriate
Support Front Office personnel in developing proposals for new business activities
Analyse and evaluate risk embedded in new business or complex transactions
Produce analysis, critically evaluating proposals and contributing to the Global New Business Committee
Prepare ad-hoc reports at short notice for management
Support junior members of the team in day to day activities.
This list is not exhaustive and may include other tasks assigned by the manager.
Experience in risk management or trading within an energy trading firm.
Experience interacting directly with traders, originators and senior management.
Detailed knowledge of specific energy commodities, to include all or some of the following: European Power, European Gas, Global LNG, Global LPG, Power and Gas vanilla options, Power and Gas flexible assets.
Knowledge or experience of complex products
Knowledge of risk measurement (VaR and stress testing), back-testing and statistical analysis.
Experience in designing and building analytical tools and risk measurement models advantageous but not necessary.
Strong written and verbal communication skills. Particularly to be used in preparing and presenting material to senior executives
Strong Excel and VBA skills, particularly ability to analyse complex data.
Interpersonal skills to build relationships with key stakeholders.
Mathematical skills including a good knowledge of statistics
Ability to function in a small and dynamic team and provide cover for other team members.