Senior Natgas Risk Officer - Market Risk & Analytics

Centalion; Greater London; On-site; GBP 110,000 - 150,000; Full time

Job summary

Centalion in London is seeking a Senior Risk Officer for Natgas to join the Risk team and report to the Head of Risk Officers Power & Gas.

The role focuses on analyzing, modeling, and reporting market risk for all trading activities, including mark-to-market valuations, risk positions, curves, and P/L on a daily basis. Collaboration with Front Office, Finance, IT and Compliance is essential.

Candidates should have 5+ years in commodity trading, strong analytical skills, and fluency in English.

Qualifications

• University degree in Computing, Mathematics, Engineering, Economics or Finance from a top-ranked university.
• Mastery of analytics tools and technologies.
• Minimum 5 years in the commodity trading business.
• Experience in valuation of European Natgas positions and assets.
• Weather products and bio-methane experience is a plus.
• FX positions understanding is a must.
• Strong analytical and problem-solving skills.
• Excellent attention to detail; highly accurate and efficient.
• Fluent in English; French or other European language is a plus.

Responsibilities

• Analyze, model, and report market risk for all trading activities.
• Analyze mark-to-market valuations, risk positions, curves and volatilities and P/L results daily.
• Challenge assumptions taken by traders
• Develop and maintain risk reporting/analytics to communicate position, P/L and market risk to traders and management.
• Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation.
• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for trading activities.
• Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification.
• Communicate effectively with Front Office, Operation, Trade Support, Finance and IT team on inputs and assumptions.
• Work closely with Traders to quantify and explain the sources of risk in their portfolios.
• Contribute to the reporting of Trading Result/ Position to Senior management. Responsible for monthly translation into accounting of trading results.
• Prepare various reports and analysis for publishing internally and to the Management Board as the case may be.
• Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency, and policy/limit compliance.
• Coordinate with Compliance to ensure compliance requirements are met.
• Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
• Identify and communicate operational risk, define risk mitigating measures and priorities.
• Month end and year end reconciliations with finance and external auditors as required.
• Back up / support for other desk’s Risk officers as the case may be.

Skills

Analytical skills

Problem-solving

Communication skills

Team collaboration

Attention to detail

Fluent English

Microsoft Excel

VBA

Python

SQL

Risk management

Valuation modeling

Education

Bachelor's degree in Computing/Math/Engineering/Economics or Finance

Master's degree preferred

Tools

Excel

VBA

Python

SQL

Access

SQL Server

Job description

Centalion in London is seeking a Senior Risk Officer for Natgas to join the Risk team and report to the Head of Risk Officers Power & Gas.

The role focuses on analyzing, modeling, and reporting market risk for all trading activities, including mark-to-market valuations, risk positions, curves, and P/L on a daily basis. Collaboration with Front Office, Finance, IT and Compliance is essential.

Candidates should have 5+ years in commodity trading, strong analytical skills, and fluency in English.