Frontline Energy Risk Analyst: LNG, Power & Emissions

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

London Energy Trading Organisation is seeking a Risk Analyst to join its front-line risk team in London. You will work on real-time P&L, risk reporting and risk analysis for management and traders, supporting front office in approvals for new products.

The role involves analyzing PnL by strategy, monitoring limits, and contributing to ETRM improvements and month-end closures with Back Office. Strong knowledge of LNG, Power and Emissions markets is valued.

Qualifications

• University degree in a numerate discipline.
• 2–3 years’ experience in risk role within a commodity trading environment.
• Strong knowledge of LNG, Power and Emissions markets.
• Strong knowledge of risk metrics such as VaR, stress-testing, scenario analysis.
• MS Office suite including Excel and VBA; Python/Matlab/SQL would be a plus.
• Knowledge of the Endur ETRM system would be an advantage.
• Strong organization skills with attention to detail and ability to meet tight deadlines.
• Strong communication skills with senior management in market risk and stakeholders.

Responsibilities

• Prepare and review daily P&L and risk reports, monitoring limits and resolving issues with relevant teams.
• Analyze PnL by trading strategy and by PnL drivers (commodity moves/FX/IR/Greeks).
• Ensure risk limits are adhered to and implement mitigations for breaches; assist in reallocation of limits when necessary.
• Identify significant risk drivers and provide transparency to senior management.
• Support front office in obtaining approval for new and non-standard products.
• Define forward curves methodologies for accurate mark-to-market and fair value reporting.
• Assist with month/quarter/year-end closing and reconciliation with Back Office/Accounting.
• Provide information and commentary for bi-weekly Risk Committee meetings.
• Review and approve changes to the Endur ETRM system where applicable.
• Ensure compliance of trading procedures with controls and respond to audits.
• Maintain knowledge of Power, Emissions and LNG market signposts and trends.

Skills

Risk management

PnL analysis

Communication with senior management

Attention to detail

Education

Bachelor's degree in a numerate discipline

Tools

Excel

VBA

Python

SQL

Endur ETRM

Job description

London Energy Trading Organisation is seeking a Risk Analyst to join its front-line risk team in London. You will work on real-time P&L, risk reporting and risk analysis for management and traders, supporting front office in approvals for new products.

The role involves analyzing PnL by strategy, monitoring limits, and contributing to ETRM improvements and month-end closures with Back Office. Strong knowledge of LNG, Power and Emissions markets is valued.