Senior Middle Office Market Risk Analyst

Aramco Services Company; Houston (TX); On-site; USD 110,000 - 190,000; Full time

Job summary

Aramco Services Company is seeking a Middle Office Market Risk Analyst to support trading by monitoring daily activity, producing risk reports, and strengthening risk models. You will analyze VaR, P&L, and exposure, while collaborating with senior analysts to refine models and provide market insights.

The role involves coordinating with traders, operators, and IT to ensure data integrity, regulatory alignment, and effective risk mitigation across global trading activities.

Qualifications

• Bachelor's degree in finance, economics, mathematics, engineering or a related field.
• Proficiency in Microsoft Excel and other analytical tools.
• Strong numerical and analytical skills.
• Excellent written and verbal communication skills.
• Excellent problem-solving under pressure.

Responsibilities

• Execute daily risk control process and risk reports; work with traders, operators and IT to manage market risk.
• Validate positions and reconcile data with traders to ensure data integrity.
• Monitor and report daily price exposure, mark-to-market and P&L to management for designated book.
• Coordinate with the risk management team to align with regulatory mandates and internal protocols.
• Develop and uphold risk management models and tools tailored for market risk evaluation.
• Collaborate on ad-hoc projects with senior analysts to improve risk management practices.
• Monitor market trends and analyze data to detect potential risks in trading settings.
• Engage in discussions to provide insights into risk factors and their effects on trading operations.
• Support implementation of risk mitigation strategies to curtail potential losses.
• Develop and enhance VaR models, stress testing frameworks, and scenario analysis tools.
• Collaborate with quantitative analysts to refine model assumptions and validate outputs.

Skills

Analytical skills

Communication skills

Problem solving

Statistical analysis

Machine learning

Education

Bachelor's degree in finance, economics, mathematics, engineering or related field

Tools

Python

R

MATLAB

Excel

Job description

Aramco Services Company is seeking a Middle Office Market Risk Analyst to support trading by monitoring daily activity, producing risk reports, and strengthening risk models. You will analyze VaR, P&L, and exposure, while collaborating with senior analysts to refine models and provide market insights.

The role involves coordinating with traders, operators, and IT to ensure data integrity, regulatory alignment, and effective risk mitigation across global trading activities.