Global Oil Market Risk Analyst – London

Eleven; Greater London; On-site; GBP 90,000 - 140,000; Full time

Job summary

Eleven is seeking a proactive Market Risk professional for its London office to support risk reporting in a dynamic oil trading environment. You will review daily P&L, monitor risk limits, and interact with front office and senior management.

The role requires a degree in a numerate field and experience in market risk within physical oil trading or banking, with strong skills in VaR, stress testing, and Excel/VBA. SQL and Python are advantageous.

Qualifications

• Degree in a numerate discipline (e.g. economics, mathematics, pure science, finance, engineering).
• Experience in market risk within Physical Oil trading companies or banks.
• Strong knowledge of risk metrics such as VaR, stress-testing, scenario analysis.
• Good knowledge of derivatives and options.
• MS Office suite including Excel and VBA; SQL and Python advantageous.
• Knowledge of Endur ETRM system advantageous.
• Analytical mindset with strong numerical skills.
• Strong organization and attention to detail; ability to work to tight deadlines.
• Strong communication skills with senior management and stakeholders.

Responsibilities

• Preparing and reviewing daily P&L and risk reports, monitoring limits, and coordinating with relevant teams.
• Support front office in obtaining approval for new and non-standard products.
• Identify significant risks and ensure transparency to senior management.
• Provide information and commentary for bi-weekly Risk Committee meetings.
• Review and approve changes to the Endur ETRM system.
• Ensure compliance with trading procedures and assist audits.
• Participate in reporting enhancements and development of reporting systems.

Skills

VaR

Stress-testing

Scenario analysis

Derivatives

Options

Excel

VBA

SQL

Python

Endur ETRM

Analytical mindset

Detail-oriented

Communication

Education

Numerate degree

Tools

Endur ETRM

Job description

Eleven is seeking a proactive Market Risk professional for its London office to support risk reporting in a dynamic oil trading environment. You will review daily P&L, monitor risk limits, and interact with front office and senior management.

The role requires a degree in a numerate field and experience in market risk within physical oil trading or banking, with strong skills in VaR, stress testing, and Excel/VBA. SQL and Python are advantageous.