Trading Risk Analyst

at  Engen

WHO YOU ARE:

• You are passionate about supporting the business with risk mitigation strategies.
• You have a reputation for integrity.
• You are comfortable working with numbers (Volumes, Exchange rates, Project costings).
• You have a good understanding of the Supply Chain Trading environment.
• You are passionate about adding value to Engen at an integrated level.
• You have excellent Business Information Warehouse skills. (Ability to extract volumes and costs from Allegro and SAP ERPM System.
• You have excellent interpersonal, communication, problem-solving and analytical skills.
• You are noted as someone that has a concern for accuracy and has a keen eye for detail.
• You can work with people of various levels, both in the organization and in the broader business environment.
• You work well in a stressful environment and with little or no supervision.

PURPOSE OF THE JOB

Support and look after the Allegro application within Engen which is critical for business continuity in Supply Chain. This involves the management and reporting on the Allegro trading platform where deals are captured and maintained to minimise the risk exposure to Engen.

WHAT YOU’LL HAVE DONE BEFORE:

Baseline:

• NQF Level 6 Diploma in Commerce/ Finance or equivalent.
• Relevant IT Systems knowledge/training.
• Minimum 3 years’ experience in Finance and Accounting.
• Knowledge of Trading platforms and SAP.
• Knowledge of Microsoft SQL and SQL report writing.
• Ability to work successfully in a Team environment.

Advantageous:

• Post Graduate Degree in Finance and Accounting.
• Experience in ETRM Logistics/Distribution system design and implementation.
• Knowledge of database management.

EXCITING CHALLENGES YOU MIGHT FACE IN THE ROLE:

• Operate in an ever-changing environment and navigate ambiguity.
• Collaborate with various business divisions.
• Lead and assist with various projects as part of the functions of your role.
• Deliver excellence, amidst tight deadlines and high expectations.

WHAT YOU’LL BE DOING:

• Support and look after the Allegro application within Engen which are critical for business continuity in Supply Chain:
• Managing trading platform where deals are captured and maintained.
• Daily, monthly and annual reporting on various deals re profitability, exposure and risk profile.
• Support Allegro system upgrades and maintenance.
• Managing Trade life cycle ensuring accurate record keeping of trades and enabling the Trading Team to actively manage forex and commodity price exposure.
• Business support, i.e. providing assistance to system users and resolving system errors.
• Daily validating of risk reports to monitor commodity price risk exposure.
• Daily margin impact analysis (wrt East/West spread, crack spread, price movement and exchange rate analysis).
• Risk system updated daily based on contracts with counterparties, both realized and unrealized positions recorded.
• SAP system updated with month end positions for realized and unrealized deals.
• Ensure positions are accounted for correctly in terms of Foreign Currency accounting.
• Managing user access to Allegro.
• Work with the Data Base Administrator to ensure database is backed up and restored.
• Conduct user acceptance testing for proposed Allegro patches and upgrades.
• Undertake user training.