Senior Market Risk Analyst

Posted 5 days ago by Insight Recruitment Solutions

Senior Market Risk Analyst
to £60,000 p.a. + bonus £10-12,000 p.a. + Benefits

A leading Oil supply company are looking for an experienced Market Risk Analyst to join an established Team in a senior position, following the recent expansion of the business, to support the Market Risk Manager and wider business with commercial analysis & reports.

Ideally, you will have at least 3 years’ experience within an Oil Trading or Supply company, producing Forward Curve exposures, Price Positions, Market Risk and Daily P&L reports.

Reporting to the Head of Risk Management your main responsibilities will include: -

·Direct relationship with trading, ensuring position reporting is timely and accurate.

·Producing Daily Profit & Loss (Product Control) reports (mark to market) including justified and commercially driven commentary.

·Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.

· Become the first point of contract for Junior Risk Analysts on the desk, helping to guide and support them when needed.

· Producing daily position reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities.

· Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports.

·Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts.

·Collaborate with Business Analysts to drive the development of the TriplePoint ETRM system.

Required skills

  • Market Risk
  • Pricing
  • INCO terms
  • Oil Trading
  • Product Control

Application questions

Do you have current experience with Oil Market Risk and Daily P&L reporting ?
Do you have current experience with Forward Curve exposures ?
Do you have current experience with Price Positions ?
Have you ever worked with Incoterms and Physical Contracts ?

Reference: 40420262

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