Real-Time Commodities Market Risk Analyst (LNG/Power)

Morgan McKinley; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Morgan McKinley is seeking a Market Risk Analyst to support front-line risk control for LNG, Power and Emissions. The role involves real-time P&L, risk reporting, and risk analysis to support management and traders.

You will work on improving ETRM systems and contribute to broader commercial activities, with responsibilities spanning daily risk processes and data commentary for risk committees.

Qualifications

• University degree in a numerate discipline (economics, mathematics, finance, engineering).
• Experience in a market risk role within a commodity trading environment.
• Strong knowledge of LNG, Power and Emissions markets.
• Knowledge of VaR, stress-testing and scenario analysis.
• Excel with VBA; Python/SQL is a plus.
• Endur ETRM experience is advantageous.
• Excellent communication and ability to work under tight deadlines.
• Strong organization and attention to detail.

Responsibilities

• Prepare and review daily P&L and risk reports with limits.
• Analyze PnL by strategy and drivers (commodities, FX, IR, Greeks).
• Monitor risk limits and manage breaches and mitigations.
• Identify significant risk drivers and report to senior management.
• Support front office for approvals of new/non-standard products.
• Define forward curve methods for MTM and fair value reporting.
• Assist month/quarter/year-end closing with Back Office.
• Provide commentary for bi-weekly Risk Committee meetings.
• Review changes to Endur ETRM and ensure controls.
• Maintain knowledge of Power, Emissions, LNG market trends.

Skills

Market risk

LNG

Power

Emissions

VaR

Stress testing

Scenario analysis

Excel VBA

Python

SQL

Communication

Attention to detail

Education

University degree in numerate discipline

Tools

Endur ETRM

Job description

Morgan McKinley is seeking a Market Risk Analyst to support front-line risk control for LNG, Power and Emissions. The role involves real-time P&L, risk reporting, and risk analysis to support management and traders.

You will work on improving ETRM systems and contribute to broader commercial activities, with responsibilities spanning daily risk processes and data commentary for risk committees.