Commodity Risk Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Richard James Recruitment Specialists Ltd is seeking a Risk Management Analyst to join a global Metals trading company based in Central London. The role involves assessing and reporting on risks related to commercial activities and managing trading positions and P&L.

Key responsibilities include reviewing trading data, preparing P&L reports, and ensuring compliance with financial standards. Candidates should have strong risk management experience, advanced Excel skills, and excellent communication abilities.

Qualifications

• Experience in risk management and knowledge of risk management terms.
• Advanced skills in Excel and ability to learn new systems.
• Good mathematical understanding for figures and formulae.

Responsibilities

• Review data entry in the trading system.
• Assess and report market risk control items regularly.
• Prepare and analyze periodic P&L reports.

Skills

Risk management experience

Advanced Excel skills

Mathematical modelling skills

Excellent communication skills

Verbal and written English proficiency

Ability to work under pressure

Attention to detail

Time management skills

Interpersonal skills

Flexible attitude

Tools

SAP

Job description

Our client is a global Metals trading company; part of an international group based in Central London.

The role of Risk Management Analyst is to assess and report independently all elements of the risk and exposures related to commercial activities, including the reporting of trading positions and management of P&L, trade review and reconciliation, in order to meet key accounting and regulatory standards.

Responsibilities

• Review data entry in the trading system.
• Assess and report market risk control items daily/ weekly/ monthly, based on the Operating Policy.
• Prepare and analyse weekly and monthly P&L reports, in accordance with set deadline.
• Complete accounting memos & requirements in need for compilation of quarterly financials required by Accounting Department within set deadline.
• Handle questions related to market risk control items and P&L reports from both internal control and external audit.
• Ensure market price risk is captured and hedge actions executed.
• Prepare ad-hoc reports to management to assist in any area of position reporting/ structure/ strategy.
• Facilitate the ad-hoc new system development project of the Metals trading Group.
• Provide cover for team members during periods of absence as may be required.
• To comply with internal department controls and company polices/procedures.

Required skills and qualifications

ESSENTIAL:

• Experience of risk management work and knowledge of risk management terms.
• Advanced Excel skills and the ability to learn new systems.
• Good understanding for mathematic figures, formula and modelling (mainly using Microsoft Excel).
• Excellent communication skills, comfortable liaising within the team, Front Office and internal departments.
• Proficient verbal and written English.
• Works well under pressure whilst remaining calm and methodical.
• Uses initiative to prioritise own work, with general guidance of the line/department manager.
• Very high standard of accuracy and attention to detail.
• Excellent time management skills and good interpersonal skills.
• Flexible attitude and willingness to adapt to new requirements.

DESIRABLE:

• Knowledge of physical commodity business, especially metals and minerals trading
• Previous experience of working with SAP
• Experience of working in a multicultural environment