Energy Risk Analyst – Trading P&L & Insight

Suncor; City Of London; On-site; GBP 85,000 - 125,000; Full time

Job summary

Suncor in London seeks an experienced risk analyst to analyze and publish daily risk management exposure reports, P&L reporting, and related management information for North America and international crude, products and LPG trading.

The role requires strong data interpretation, risk governance, and cross-functional collaboration with teams in Calgary, London and Houston. Office-based at the London Trading Office, 40-hour work week, Monday to Friday.

Qualifications

• University Degree, preferably Business, Economics, Finance, Accounting, Mathematics or Computer Science
• Five plus years of relevant experience, preferably in Commodity trading (Front, Middle, or Back Office capacity)
• Good understanding of commodity risk management and associated P&L generation, attribution, and reporting across trading activities
• Experience with Middle Office controls including P&L validation, valuation oversight, and independent price verification (IPV)
• Solid understanding of industry leading practices in middle office control process and procedures
• Excellent communication skills, with demonstrated ability to operate across stakeholders, within a global team, and independently
• Understanding of derivative regulatory and compliance environments
• Ability to support higher level risk management initiatives
• Able to quickly read, interpret, and synthesize complex data and translate into effective communication medium to all levels of the organization, collaborating effectively within and across functions
• Ability to remain independent and objective with respect to Front Office expectations

Responsibilities

• Analyze and publish the daily risk management exposure reports, profit and loss (P&L) reports, and other related reporting requirements for our North America and International crude, products and LPG trading activity
• Deliver high quality, insightful, value added, and automated management information
• Bring transparency to deal structures and explain financial impacts in operational terms
• Provide independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities
• Administer risk governance policies and standards as part of the control program supporting the supply and trading business, while ensuring all trading activity complies with internal and external policies and limits
• Support specific product lines as the main day-to-day risk function contact with strong global connectivity to our Calgary, London and Houston teams.
• Support regional and global process standardization and continuous improvement initiatives
• Collaborate with commercial and other functions to support the significant growth of new business initiatives
• Balance independent reporting and control duties with a business partnering and commercial enabling approach
• Perform other duties include extensive cross-functional project work, audit support, working capital analysis, and reconciliation with IFRS Accounting & Reporting results
• Demonstrate and develop understanding of physical and financial energy markets in respective commodity area

Skills

Risk management

P&L reporting

IPV

Data analysis

Regulatory compliance

Communication

Stakeholder management

Cross-functional collaboration

Education

Bachelor's degree in relevant field

Job description

Suncor in London seeks an experienced risk analyst to analyze and publish daily risk management exposure reports, P&L reporting, and related management information for North America and international crude, products and LPG trading.

The role requires strong data interpretation, risk governance, and cross-functional collaboration with teams in Calgary, London and Houston. Office-based at the London Trading Office, 40-hour work week, Monday to Friday.