Risk Analyst (LNG, Power & Emissions)

Richard James Recruitment Specialists Ltd; Greater London; Vor Ort; GBP 65.000 - 90.000; Vollzeit

Zusammenfassung

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.

Qualifikationen

• 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.

Aufgaben

• 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.

Kenntnisse

Risk management

PnL analysis

Communication with senior management

Attention to detail

Ausbildung

Bachelor's degree in a numerate discipline

Tools

Excel

VBA

Python

SQL

Endur ETRM

Jobbeschreibung

An opportunity has arisen for a Risk Analyst to join a leading global energy trading organisation based in London.

You will work on real-time front-line control and business information for the management and traders, including daily PNL, risk reporting and risk analysis, participating also in projects to improve the ETRM and to support broader commercial activities.

Main Responsibilities:

• Prepare and review daily P&L and risk reports, monitoring limits, and proactively resolving any issues in coordination with the relevant teams.
• Analyse PnL by trading strategy and by PnL drivers (commodity market moves/FX/IR/option Greeks).
• Ensure that all risk limits are adhered to and deal with any mitigating actions following the breach of such limits (e.g. monitoring the unwinding of the related positions) and assist in implementing new limits/reallocating existing ones when necessary;
• Assist with identifying significant risk drivers within the business, ensuring transparency with senior management;
• Support front office in obtaining approval for new and non-standard products.
• Assist with defining forward curves methodologies for accurate mark to market and fair value reporting.
• Contribute to the month/quarter/year-end closing and reconciliation activities with Back Office/Accounting teams.
• Provide information and commentary for the bi-weekly Risk Committee meetings.
• Review and approve any relevant changes to the main ETRM system (Endur).
• Guarantee compliance of trading procedures with relevant controls and support when necessary internal and external audit requests.
• Maintain a strong knowledge of current Power, Emissions and LNG market signposts and trends.

Skills and Experience Required:

• University degree in a numerate discipline (e.g. economics, mathematics, pure science, finance, engineering or similar).
• Ideally 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.
• Strong knowledge of MS Office suite including Excel and VBA. Knowledge of Python, Matlab and SQL would be a plus.
• Knowledge of the Endur ETRM system would be an advantage.
• Strong organization skills with good attention to detail and the ability to work to tight deadlines.
• Strong communication skills, able to communicate concisely with senior management in the market risk function and with all stakeholders.
• Results-oriented and proactive approach.