Commercial Risk Analyst (Low Carbon Solutions)

Petroineos Trading Limited; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading energy firm is seeking a skilled Commercial Risk Analyst to focus on Gas, LNG, and Power trading. The role involves daily P&L reporting, monitoring trader exposures, and providing analysis. Ideal candidates should possess a relevant degree and demonstrate experience in energy commodities, risk management, and proficiency in tools like VBA and Python. This position offers a competitive salary, discretionary bonuses, and comprehensive benefits including private medical insurance and a generous pension scheme.

Benefits

Private medical insurance

Travel insurance

Dental insurance

Gym reimbursement scheme

10% contributory pension scheme

25 days yearly holiday allowance

Qualifications

• Degree level education, preferably in Business/Finance/Banking/Mathematics/Statistics/Engineering, or with appropriate work experience.
• Proven experience in an energy commodity, Gas, Power, LNG, Emissions in a risk or front office role.
• Commercially aware with proven ability to provide input to new business initiatives and models.

Responsibilities

• Responsible for daily position and P&L reporting for Gas, Power, LNG, Emissions and FX.
• Review trading books and ensure correct hedging is carried out.
• Monitor traders' exposures and adherence to risk limits.
• Provide regular commentary on book performance and strategy.

Skills

Experience in energy commodity trading

P&L attribution and valuation

Risk measurement tools knowledge

Analytical mindset

Proficiency in VBA

Proficiency in Python

Proficiency in SQL

Good communication skills

Education

Degree in Business/Finance/Banking/Mathematics/Statistics/Engineering

Tools

Endur/EOS

Job description

Commercial Risk Analyst (Low Carbon Solutions)

Application Deadline: 30 January 2026

Department: Risk Control

Employment Type: Permanent - Full Time

Location: London, UK

We are hiring for an experienced analyst within our key Commercial Risk team, with a focus on supporting the Gas, LNG, Power & Emissions trading teams. This role offers exposure to all parts of the business, from partnering with the front office, to various parts of the middle and back office e.g. Risk, Finance, Credit, IT and more.

The team provides a key function to the business, supporting the management and monitoring of the company's risk exposures and valuations. This requires a broad experienced knowledge base, from understanding market movements and trading strategies across various commodities, to helping to maintain and improve ETRM applications. The role requires deep insight into commodities trading and risk management; physical/paper exposure management, FX exposure, VaR, P&L valuation.

The role can expand with time to bring exposure to other commodities, such as Crude, Biofuels, Refining, Oil Products and develop further leadership accountabilities.

Key Responsibilities

• Responsible for the daily position and P&L reporting for Gas, Power, LNG, Emissions and FX teams providing commentary on key value generators and changes. Attributing and communicating in a meaningful way.
• Review trading books are within Trading Delegations of Authority, and to ensure the hedging is carried out correctly each day, including hedging of trading FX exposure.
• 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.
• Provide management information and analysis as required and to 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 to support overall team flexibility.

Skills, Knowledge and Expertise

• Degree level education, preferably in Business/Finance/Banking/Mathematics/Statistics/Engineering, or with appropriate work experience.
• Proven experience in an energy commodity, Gas, Power, LNG, Emissions in a risk or front office role.
• Deep understanding of P&L attribution and valuation
• Understand standard Risk measurement tools e.g. VAR, Stress Testing and Options
• Commercially aware with proven ability to provide input to new business initiatives and models.
• Good communication skills, ability to interact with a variety of people. Analytical and detail-oriented mindset
• Able to take, and maintain, an independent approach and challenge where appropriate.
• Proficiency in VBA/Python/SQL is desirable
• Knowledge of Endur/EOS will be beneficial

Benefits

The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance.