Front Office Risk Analyst

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a key member for their Front Office Risk team. This role involves rigorous risk analysis and strong collaboration with trading desks, requiring a deep understanding of global energy markets. You will be responsible for analyzing price volatility, producing insightful reports for executive meetings, and building risk analytics tools. Ideal candidates will have a strong mathematical background, excellent communication skills, and experience in risk management within investment banks or energy trading firms. Join a dynamic team where your contributions will drive impactful decisions.

Qualifications

• Experience in risk management or trading roles within investment banks or energy firms.
• Understanding of risk calculation methodologies including VaR and stress testing.

Responsibilities

• Interact with trading desks to facilitate independent analysis and challenge strategies.
• Produce weekly deep dives and well-written commentary for executive meetings.

Skills

Risk Analysis

Mathematical Skills

Analytical Skills

Communication Skills

Interpersonal Skills

Education

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Bachelor’s degree in Mathematics

MSc Finance

CQF

PRM

FRM

ERP

Tools

Excel

VBA

Job description

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To become a key member of the Front Office Risk team by contributing rigorous risk analysis for presentation to the executive team, facilitated by forging strong relationships with trading desks underpinned by an in-depth understanding of global energy markets.

Main responsibilities

Key responsibilities include:

• Interact daily with Trading desks and Fundamental analysis teams to facilitate independent analysis and challenge trading strategies
• Understanding in detail the day to day drivers of price volatility and how this relates to the portfolios under your responsibility
• Understand in detail on a daily basis the positional makeup of the portfolios under your responsibility
• Understand in detail on a daily basis the key P&L drivers of the portfolios under your responsibility
• When required produce weekly deep dives for management on specific trading positions to identify and analyse risk/reward
• Produce well-written commentary for presentation at weekly meetings with the executive team
• Liaise with other support functions to escalate and resolve market, operational and other risk issues as appropriate

Experience required

• Experience of working in a risk management, valuations or trading role within an investment bank or energy trading firm
• A strong understanding of risk calculation methodologies for linear and non-linear instruments including: VaR, back-testing, portfolio stress testing, and sensitivity analysis
• Experience interacting directly with traders
• Detailed knowledge of some of the following energy commodities: Power, Gas, Oil, LNG, LPG & Coal

Technical requirements

• Strong Excel, VBA or other programming skills preferable, particularly ability to analyse complex data
• Experience in building risk analytics tools in excel or other systems

Person specification

• Excellent mathematical and analytical skills including a good knowledge of statistics
• Minimum Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or Science
• Preference for MSc Finance, CQF, PRM, FRM or ERP holders
• Knowledge of common commodity trading instruments including physical forwards, swaps, options, and other derivatives
• In-depth understanding of option valuation methodologies, preferably including exotics
• Excellent written and verbal communication skills to prepare and present material to senior executives as required
• Strong interpersonal skills to build relationships with key stakeholders
• Attention to detail and strong focus on accuracy of information
• Team-work: ability to function in a dynamic small team and provide cover for other team members.