Market Risk Analyst

Gateworth Group; Dubai; On-site; AED 223,000 - 279,000; Full time

Job summary

Gateworth Group is seeking a Risk Analyst focused on Market Risk & Control to join its Middle Office Risk Management team in Dubai. You will monitor, analyse and control risk arising from physical and derivative trading, support P&L reporting, hedge performance and CTRM system integrity.

Responsibilities include daily P&L and exposure reporting, mark-to-market analysis, scenario testing, data quality and cross-team coordination with trading, finance and management.

Qualifications

• Proven market risk or trading risk experience in physical and derivative trading, with crude oil exposure.
• Strong P&L attribution, MTM valuation, hedge performance understanding.
• Hands-on CTRM system and pricing curve maintenance experience.
• Excellent Excel reporting skills and ability to translate data into insights.
• Strong communication across trading, finance and management.
• Mandarin language skills would be advantageous.

Responsibilities

• Produce and validate daily trading P&L and exposure reports for physical and paper trades, including daily P&L attribution and variance analysis across price, volume, basis, timing and FX impacts.
• Monitor positions and mark-to-market valuations across time horizons and commodity curves, analysing and explaining key market risk drivers, trends and sensitivities to management.
• Support scenario and stress testing and hedge performance reviews.
• Ensure accurate and timely trade capture, valuation and CTRM system reconciliation across front, middle and back office, verifying hedges between physical exposures and derivative instruments and investigating discrepancies.
• Enforce trading and risk limits (e.g. exposure, stop-loss) and escape breaches, maintaining data quality standards and the integrity of the CTRM system and pricing curves.
• Support internal and external audits and assist in improving risk processes and controls.
• Conduct market and competitor analysis on crude oil, refined products or gas markets to support trading and risk decisions, tracking macroeconomic and fundamental drivers such as inventory, supply-demand balance, freight and FX.
• Prepare ad hoc management reports, dashboards and presentations with actionable insights.

Skills

Market risk

P&L attribution

Data analysis

Communication

Mandarin

Tools

CTRM system

Excel

Job description

Compensation: AED 20,000 to 25,000 plus statutory benefits

Location: Dubai, UAE

Overview

Gateworth are currently supporting a client within the commodities trading sector who are looking to recruit a Risk Analyst of Market Risk & Control to join their Middle Office Risk Management function. Reporting to the Senior Risk Manager (based internationally), this role is responsible for monitoring, analysing and controlling market risk exposure arising from the company's physical and derivative trading activities, acting as a key link between the trading, finance and management teams to ensure accurate P&L reporting, effective risk oversight and insightful analysis of market drivers.

Main Responsibilities

• Produce and validate daily trading P&L and exposure reports for physical and paper trades, including daily P&L attribution and variance analysis across price, volume, basis, timing and FX impacts.
• Monitor positions and mark-to-market valuations across time horizons and commodity curves, analysing and explaining key market risk drivers, trends and sensitivities to management.
• Support scenario and stress testing and hedge performance reviews.
• Ensure accurate and timely trade capture, valuation and Commodity Trading and Risk Management (CTRM) system reconciliation across front, middle and back office, verifying hedges between physical exposures and derivative instruments and investigating discrepancies.
• Enforce trading and risk limits (e.g. exposure, stop-loss) and escape breaches, maintaining data quality standards and the integrity of the CTRM system and pricing curves.
• Support internal and external audits and assist in improving risk processes and controls.
• Conduct market and competitor analysis on crude oil, refined products or gas markets to support trading and risk decisions, tracking macroeconomic and fundamental drivers such as inventory, supply-demand balance, freight and FX.
• Prepare ad hoc management reports, dashboards and presentations with actionable insights.

Qualifications & Prerequisites

• Proven experience in a market risk or trading risk analyst role within a physical and derivative commodities trading environment, with crude oil trading exposure essential.
• Strong understanding of P&L attribution, mark-to-market valuation, hedge performance and commodity risk management principles.
• Hands-on experience with the CTRM system and pricing curve maintenance, with strong attention to data quality and control.
• Excellent analytical and Excel-based reporting skills, with the ability to translate complex market data into clear, actionable insights for management.
• Strong communication skills, with the ability to liaise effectively across trading, finance and management teams.
• Mandarin language skills would be a distinct advantage given the client's market focus.