Middle Office Analyst (Risk)

6 days left

Recruiter
RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Location
London
Salary
50000.0000
Posted
05 Feb 2017
Closes
05 Mar 2017
Sector
Engineering
Contract Type
Permanent
Hours
Full Time

Our Client is a successful, established global Commodity Trading company based in London

An Oil Risk Analyst is required to perform daily risk reporting tasks, and to develop and maintain a thorough understanding of the risks associated with the physical trading books. Additionally, they will provide general assistance to the risk manager.


PRINCIPAL DUTIES/RESPONSIBILITIES

Daily tasks:

  • Preparation and distribution of P&L and exposure reporting to traders and senior management.
  • Explain the daily P&L swings
  • Preparation and distribution of Value at Risk reports, advising management of any limit breach and the potential action to be taken.
  • Daily validation of forward curves
  • Maintenance of system referential data
  • Development and improvement of risk reporting tools, metrics and measures.


REQUIRED QUALIFICATIONS, SKILLS, KNOWLEDGE, EXPERIENCE

Qualifications:

  • Educated to degree level or degree level qualification, ideally in a highly numerate subject such as mathematics (statistics).

Skills:

  • Excellent working knowledge of Microsoft office
  • Advanced Excel skills with good VBA & SQL programming skill. Other programming languages would be an added bonus.
  • The ability to communicate clearly and build a good working relationship with traders and senior management is a must.
  • Candidates should be numerate with a good understanding of oil markets

Knowledge/Experience:

  • Around 3 years’ experience in a commodities trading environment, with exposure to both physical and financial sides of the business.
  • Candidates should be able to demonstrate a solid understanding of physical pricing risk, identify exposures and advise on the hedging.