Market Risk, Systems & Data Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Richard James Recruitment Specialists Ltd is seeking a trading systems and risk minded professional in Central London to join the commercial risk team. You will gain broad exposure to company systems and risk processes while developing quantitative risk skills for future career progression.

The role requires a numerate degree, experience in commodities/derivatives trading, and strong Excel/VBA/Power BI with SQL knowledge.

Qualifications

• Degree in a numerate subject required.
• Experience in commodities/derivatives trading environment.
• Proficient in VBA, Advanced Excel and Power BI; SQL/database know-how.

Responsibilities

• Ensure data in Risk systems is accurate and accessible.
• Improve risk reporting and system processes.
• Support modelling and daily risk calculations (VAR, stress tests).
• Collaborate with IT to integrate risk processes with IT infra.
• Provide data extracts and analyses for stakeholders.

Skills

Quantitative thinking

Strong analytical skills

Problem solving

Self-starter

Team player

Logical thinking

Ability to meet deadlines

Education

Degree in a numerate subject

Tools

SQL

Advanced Excel

VBA

Power BI

Job description

Our client is a trader of Commodity and Energy products including, Gas, Power, LNG, Metals and Oil, based in Central London. They offer a unique chance to work within a growing and diversifying business, with a strong commercial appetite.

Working as part of the wider Commercial risk team, we are seeking a Trading systems and risk minded professional with experience in the wider commodity sector.

The role will offer broad exposure to the company systems and business flows, while starting to develop quantitative risk skills that will be used in future career progression, whether within Risk, IT or Front office.

ROLE RESPONSIBILTIES:

• Ensure data in Risk systems are accurate, complete and accessible. Act as SME and team operational contact for internal Risk system.
• Improve processes, systems and reporting from internal systems for Risk needs.
• Support mountain system enhancements and integration.
• Develop and support operationalisation of latest market technology for Risk department.
• Actively work with IT to integrate processes to wider company IT infrastructure, with a global outlook
• Price Analysis - time series analysis of prices/volatilities/correlations, support annual Audit review of company price and valuation data.
• Data handling - Provide data extracts and data manipulation for Risk Team and stakeholders
• Develop collaborative relationship with key stakeholders across functions
• Actively support the daily running of company VAR process.
• Develop support and enhancement of daily/weekly/monthly reporting of risk that the business carries, e.g. VAR suite, Stress testing, consolidated exposure/risk reports, liquidity and counterparty risk
• Support Commercial Risk on the running of quantitative models for the evaluation and input of complex structured deals.

EDUCATION, SKILLS & EXPERIENCE REQUIRED:

• Degree level education in a numerate subject.
• Work based Commodities/Derivatives experience in trading organization, commodity exchange, commodity pricing firm, or similar.
• VBA/Advanced Excel/Power BI.
• Database (SQL) / coding / system knowledge and experience.
• Proven quantitative and programmatic skills.
• Database (SQL) / coding / system knowledge.
• Strong analytical skills.
• Ability to think logically and problem solve is key.
• Interest in commodities / traded markets / energy transition important.
• Be a self-starter as well as a team player.
• Willingness and ability to work and deliver on timelines.
• Be diligent and dedicated to managing ad-hoc analysis and projects in a timely manner.