Sr Risk Analyst - London, UK

Suncor; Greater London; On-site; GBP 85,000 - 120,000; Full time

Job summary

Suncor in London is seeking a seasoned risk professional to oversee daily risk and P&L reporting for North America and international crude, products and LPG trading. You will translate complex data into clear operational insights, challenge trading strategies, and ensure governance and regulatory compliance across global teams.

This role offers scope to influence risk controls and collaborate with Calgary, London and Houston desks within a high-performance energy trading environment.

Qualifications

• University degree in Business, Economics, Finance, Accounting, Mathematics or CS.
• 5+ years in commodity trading (front, middle or back office).
• Strong understanding of commodity risk management and P&L reporting.
• Experience with P&L validation, IPV, and valuation oversight.
• Knowledge of regulatory environments and compliance.
• Excellent cross-functional communication across global teams.
• Ability to translate complex data into clear insights.
• Independent and objective in relation to Front Office expectations.

Responsibilities

• Analyze and publish daily risk management exposure and P&L reports for North America and international trading.
• Deliver high-quality, automated management information.
• Bring transparency to deal structures and explain financial impacts operationally.
• Provide independent understanding of trading strategies to identify and mitigate risk.
• Administer risk governance policies and ensure trading activity complies with policies.
• Support product lines as main risk function contact with global teams in London, Calgary and Houston.
• Support regional and global process standardization and continuous improvement initiatives.
• Collaborate with commercial and other functions to support growth of new business initiatives.
• Balance independent reporting and business partnering with a commercial approach.
• Engage in cross-functional projects, audit support, working capital analysis, and IFRS reconciliation.
• Demonstrate and develop understanding of physical and financial energy markets.

Skills

Risk management

P&L reporting

Data analysis

Stakeholder communication

Independent challenge

IFRS/Regulatory awareness

Education

University degree in Business, Economics, Finance, Accounting, Mathematics or CS

Job description

At Suncor, we produce and provide energy. When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you'll make a meaningful impact in the communities where we live and work. Join a high-impact team at the heart of global crude, products, and LPG trading, where you’ll turn complex risk exposure and P&L data into insightful, automated reporting that drives smarter business decisions across North America and international markets. In this role, you’ll bring transparency to deal structures, translate financial outcomes into clear operational insights, and provide independent challenge to trading strategies to help identify and mitigate financial, operational, and reputational risk.

Minimum Requirements

• University Degree, preferably Business, Economics, Finance, Accounting, Mathematics or Computer Science
• Five plus years of relevant experience, preferably in Commodity trading (Front, Middle, or Back Office capacity)
• Good understanding of commodity risk management and associated P&L generation, attribution, and reporting across trading activities
• Experience with Middle Office controls including P&L validation, valuation oversight, and independent price verification (IPV)
• Solid understanding of industry leading practices in middle office control process and procedures
• Excellent communication skills, with demonstrated ability to operate across stakeholders, within a global team, and independently
• Understanding of derivative regulatory and compliance environments
• Ability to support higher level risk management initiatives
• Able to quickly read, interpret, and synthesize complex data and translate into effective communication medium to all levels of the organization, collaborating effectively within and across functions
• Ability to remain independent and objective with respect to Front Office expectations

Responsibilities

• Analyze and publish the daily risk management exposure reports, profit and loss (P&L) reports, and other related reporting requirements for our North America and International crude, products and LPG trading activity
• Deliver high quality, insightful, value added, and automated management information
• Bring transparency to deal structures and explain financial impacts in operational terms
• Provide independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities
• Administer risk governance policies and standards as part of the control program supporting the supply and trading business, while ensuring all trading activity complies with internal and external policies and limits
• Support specific product lines as the main day-to-day risk function contact with strong global connectivity to our Calgary, London and Houston teams.
• Support regional and global process standardization and continuous improvement initiatives
• Collaborate with commercial and other functions to support the significant growth of new business initiatives
• Balance independent reporting and control duties with a business partnering and commercial enabling approach
• Perform other duties include extensive cross-functional project work, audit support, working capital analysis, and reconciliation with IFRS Accounting & Reporting results
• Demonstrate and develop understanding of physical and financial energy markets in respective commodity area

Location and other key details

• This is an office based role, you will work out of our London Trading Office, located at 10 Brook Street W1
• Hours of work are a regular 40-hour work week, Monday to Friday, with the potential for extended work hours based on business needs

Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.