Market Risk Analyst; Gas (Brussels)

Insight Professional Solutions Ltd
United Kingdom
?55,000 - ?65,000 + bens + bonus
04 Oct 2017
05 Nov 2017
Contract Type
Full Time
Company background One of the leading integrated energy companies with activities in exploration, production, transport, and marketing of oil and natural gas. Location Brussels, Belgium Salary ?55,000 - ?65,000 + bens + bonus The key responsibilities are: - Report timely and accurate daily market exposure and profit and loss for gas trading books; analysis of the P&L by trading strategy and greeks to help explain the drivers of the P&L - Calculation of risk metrics like VaR and stress - Perform ad-hoc analysis to support other functions - Analysis and understanding of the positions being run on the desk and ensuring these fit within the risk framework of the organization - Spot and remedy any problems with relevant data (transaction, market or reference data) - Monitor traders' adherence against their delegated authority. - Maintain a good knowledge of market conditions - Support ongoing projects (IT and other) to improve Market Risk activities; improvement of risk metrics reporting, automation P&L explain etc. - Contribute to new business initiatives, systems or process improvement projects. - Manage mid-scale projects with different stakeholders and deliver them in a timely manner - Identify and enable process improvements - Perform monthly and quarterly account closing and reconciliation activities; interface with BO & Accounting teams - Prepare presentations for senior management (e.g. Quarterly Performance Reviews) - Perform Market Risk Analysis for New Product Approvals - Act as deputy to Market Gas Lead; - Represent Market Risk Gas team in meetings with senior management/other functions - Supervise daily/weekly reporting, ensuring accuracy and timeliness - Interview potential team members - Maintain good relations with all internal and external stakeholders especially with FO, Back Office, Accounting, Planning & Control & IT Skills - Highly organized, good attention to detail and ability to work with tight deadlines; - Strong analytical and numerical skills; - Very good Excel knowledge, preferably working knowledge in VBA and programming of macros; - Dedicated and stress-resilient; - Proactive and result oriented, driving and supporting efficiency in Market Risk processes - Team worker and experience in working in an international and multi-location organization; - Strong communication and interpersonal skills and positive attitude; - Ability to support and motivate junior team members - Ability to build and nurture effective relationships internally and externally; - Flexibility and adaptability to work in a rapidly changing environment; - Curious and demonstrating willingness to learn; Requirements - University degree (preferably in Economy, Engineering, Mathematics, Statistics) - 3-5 years of working experience (preferably in energy trading environment) - Relevant experience within a Market Risk environment in a trading company; - Strong knowledge and understanding of energy markets and the financial instruments commonly used for risk management for gas - Knowledge of risk metrics such as VaR, stress tests, scenario analysis, - Knowledge of one or more of Risk Management systems (e.g. Endur) would be an advantage Language knowledge - English (Fluent), knowledge of one of the local languages (French or Dutch) is beneficial
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