Lead Market Risk Analyst - Crude & Refined Commodities

SOCAR Trading; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

SOCAR Trading is looking for a Senior Market Risk Analyst in London to drive risk management across trading desks focusing on crude and refined products. The role includes leadership in risk oversight, development of risk methodologies, and independent challenge to trading strategies.

The ideal candidate will have 6–10 years experience in market risk within commodity trading and strong technical skills in Python, SQL, and ETRM systems. Join us in enhancing our market risk capabilities.

Qualifications

• 6–10 years in market risk within commodity trading.
• Strong exposure to crude and refined products or gas and LNG.
• Deep understanding of P&L drivers and risk decomposition.

Responsibilities

• Lead market risk coverage for trading desks.
• Enhance risk methodologies and frameworks including VaR and stress testing.
• Oversee daily risk reporting and ensure accuracy for stakeholders.
• Drive development of analytical tools for risk transparency.

Skills

Market risk metrics (VaR, stress testing, sensitivities, Greeks)

Stakeholder management

Communication and presentation skills

Python

SQL

PowerBI

Education

MSc or higher in a quantitative discipline

Tools

ETRM systems

Job description

SOCAR Trading is looking for a Senior Market Risk Analyst in London to drive risk management across trading desks focusing on crude and refined products. The role includes leadership in risk oversight, development of risk methodologies, and independent challenge to trading strategies.

The ideal candidate will have 6–10 years experience in market risk within commodity trading and strong technical skills in Python, SQL, and ETRM systems. Join us in enhancing our market risk capabilities.