Cross Commodity Market Risk Analyst
- Act as Market Risk focal point for front-office and senior stakeholders. Develop strong relationships with Commercial stakeholders and possess deep end-to-end understanding of Global Trading strategies, associated exposures and future growth aspirations for the trade desk supported
- Understand supply and demand fundamentals, including regional/locational price differences, fundamental drivers of changes in these spreads, historical market direction and trends/underlying fundamental causes
- Show a strong commitment to market risk management principles, including being proactive, transparent, and open to debate with Global Trading as necessary
- Independently assess and advise on risk profiles from the trade to portfolio level (e.g., risk reward trade-off, optimization of constrained risk, liquidity, market fundamentals, and market sentiment sensitivities)
- Ensure adherence to mandated exposure and risk limits and provide guidance on actions to be taken to reduce risk if necessary
- Execute daily market risk processes and generate risk reports, collaborating closely with Global Trading teams to manage market risk
- Provide daily, insightful commentary of key portfolio activity including their implications for market intelligence, exposure changes, and new deal activity
- Collaborate with Global Trading support functions (e.g. Finance, Accounting) for deal support and general portfolio queries
- Ensure Global Trading data integrity by validating positions and reconciling any inconsistencies with responsible traders
- Review plan for hedging and provide support to develop Global Trading limits. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record
- Further develop and build out Risk reporting and ad-hoc analysis tools using advanced computer skills (e.g. cExcel, VBA, SQL, Python, R, Tableau, Power BI)
- Participate in month, quarter, and year-end closing processes
- Work losely (daily) with refinery coordinators and optimizers, product schedulers and crude traders. to validate production data and trades impacting inventory positions and generate hedging signals
- 2-4 years of experience in financial, energy or chemical risk management
- Strong knowledge of crude oil, refined products, natural gas, and/or freight markets, as well as other energy and traded markets
- Strong understanding of physical trading, derivatives, and financial products
- Excellent quantitative and analytical skills
- Excellent proficiency in Excel, SQL, and quantitative programming languages such as Python
- Experience with Energy Trading Risk Management Systems
- Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
- Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
- Experience with Python/SQL
- High level of Excel proficiency
- Familiarity with trade capture and nomination / scheduling systems
- Pension Plan: Enrollment is automatic and at no cost to you. The basic benefit is a monthly annuity to be paid to you in retirement for the rest of your life.
- Savings Plan: You can contribute between 6% and 20% of your pay and are encouraged to enroll right away. If you contribute at least 6% to your savings plan, the Company will contribute a 7% match.
- Workplace Flexibility: We have several programs such as “Flex your Day”, providing ad-hoc flexibility around when and where you work, as well as longer-term programs such as leaves of absence and part-time work.
- Comprehensive medical, dental, and vision plans.
- Culture of Health: Programs and resources to support your wellbeing.
- Employee Health Advisory Program: Provides confidential professional counseling for you and your family, including tools and resources promoting mental health and resiliency at no additional cost to you.
- Disability Plan: Income replacement for when you cannot work due to illness or injury occurring on or off the job. Enrollment is automatic and at no cost to you.
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