Commercial Risk Analyst (Permanent)

at  Petroineos Trading Limited

KEY RESPONSIBILITIES

• Responsible for the daily position and P&L reporting for selected commodity trading teams, providing commentary on key value generators and changes and attributing and communicating P&L in a meaningful way.
• Monitor traders exposures and adherence to Delegation of Authorities and risk limits.
• Perform daily hedge process as required.
• Daily interaction with relevant trading desks and other front/middle office departments to support business risk management requirements.
• Provide regular commentary on book performance and strategy, showing clear understanding and control to a variety of audiences.
• Review trading books to ensure they are within trading Delegations of Authority and that hedging is carried out correctly each day, including hedging of trading FX exposure.
• Provide management information and analysis as required and proactively seek to provide business beneficial commercial analysis.
• Responsible for weekly/monthly/quarterly controls and input into financial close processes as required for designated business area.
• Support the wider team by utilising cross cover capabilities for other team members and support overall team flexibility.

WHAT WE’RE LOOKING FOR / SKILLS THAT WILL HELP YOU IN THE ROLE

• Proven experience in oil products in a risk or front office role.
• Understanding of P&L attribution and valuation.
• Understand standard risk measurement tools e.g. VAR.
• Commercially aware with proven ability to provide input to new business initiatives and models.
• Good communication skills and ability to interact with people at varying levels.
• Analytical and detailed oriented mindset.
• Able to take, and maintain an independent approach and challenge where appropriate.
• Team player.
  Please note: This is a full-time, permanent contract position with the job based in Charring Cross, London. The role is available to be worked in a hybrid capacity of 4 days in the office / 1 day from home.