Senior Risk Officer

1 month ago

London, Greater London, United Kingdom oilandgas Full time
Job Title:
Senior Risk Officer, Gas & Power

Contract Type:
Permanent

Time Type:
Full time

Job Description:

Scope and summary of the role

The Natgas and Power Senior Risk Officer is a member of the Risk team, reporting to the Head of Risk Officers Power & gas.

He/She will be responsible to measure, analyse, monitor the positions and P&L, challenge assumptions taken by front-office and will be in charge for delivering reports and high-quality digital tools to improve decision-making and risk management.

Main Responsibilities
  • Analyse, model, and report market risk for all trading activities. Assess and monitor physical and financial trades.
  • Analyse mark-to-market valuations, risk positions, basis changes, 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. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
  • 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.
Profile/Key Skills

The individual should have the following experience:
  • University degree, preferably in Computing, Mathematics, Engineering, Economics or Finance in a top ranked University
  • Mastery of analytics tools and technologies.
  • Minimum 5 years in the commodity trading business, preferably within a major trading house or utility company.
  • Experience in valuation of Natgas & Power positions and assets (storages, pipelines, flexible products, power plant), experience in booking and operating assets is a plus.
  • Strong analytical and problem-solving skills
  • Entrepreneurial spirit, naturally curious and proactive,
  • Eager to learn and ability to work with limited supervision.
  • Excellent attention to detail; rigorous and meticulous,
  • High degree of accuracy and efficiency under set deadlines
  • Ability to work independently and as part of a team.
  • Strong communication and interpersonal skills
  • Comprehensive understanding of risk management methodologies and valuation models
  • Proficiency in Microsoft Excel, VBA, and other data analysis tools (Python and SQL is a plus)
  • Good knowledge of Access and SQL Server
  • Fluent in English, both written and spoken, French and/or any other European language is a plus.
  • Position based in London

  • Senior Credit Risk Manager

    4 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Credit Quality Assurance Manager – AVPParitas Recruitment - Risk is seeking an experienced Credit Quality Assurance Manager – AVP to join their team based in the City. This role requires in-depth credit analysis experience gained in a corporate banking environment.The team assesses credit quality across the bank's entire EMEA portfolio, covering...

  • Senior Credit Risk Manager

    4 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Credit Quality Assurance Manager – AVPParitas Recruitment - Risk is seeking an experienced Credit Management professional to join their team based in the City. This role requires in-depth credit analysis experience gained in a corporate banking environment.The team assesses credit quality across the bank's entire EMEA portfolio, covering corporate...

  • Senior Risk Officer

    1 month ago

    London, Greater London, United Kingdom oilandgas Full time

    Job Title:Senior Risk Officer, Gas & PowerContract Type:PermanentTime Type:Full timeJob Description:Scope and Summary of the RoleThe Senior Risk Officer is a member of the Risk team, reporting to the Head of Risk Officers Power & gas. This role is responsible for measuring, analyzing, and monitoring positions and P&L, challenging assumptions taken by...

  • Senior Risk Officer

    4 weeks ago

    London, Greater London, United Kingdom Gunvor Full time

    Job Title:Senior Risk Officer, Gas & PowerContract Type:PermanentTime Type:Full timeJob Description:Scope and Summary of the RoleThe Senior Risk Officer is a member of the Risk team, reporting to the Head of Risk Officers Power & gas. This role is responsible for measuring, analyzing, and monitoring the positions and P&L, challenging assumptions taken by...

  • Senior Risk Officer

    6 days ago

    London, Greater London, United Kingdom Aman Full time

    Aman is seeking a highly experienced Senior Risk Officer to provide strategic guidance on risk management and insurance matters. The ideal candidate will have a strong background in risk assessment and mitigation strategies.The estimated salary for this position is $160,000 - $220,000 per year, depending on experience and qualifications.Key...

  • Credit Risk Specialist

    4 weeks ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Credit Quality Assurance Manager – AVPParitas Recruitment - Risk is seeking an experienced Credit Management professional to join their team. This role requires in-depth credit analysis experience gained in a corporate banking environment.The team assesses credit quality across the bank's entire EMEA portfolio, covering corporate counterparties, project...

  • Senior Risk and Research Officer

    4 weeks ago

    London, Greater London, United Kingdom Unicef Full time

    **Role Overview**The Senior Risk and Research Officer will provide a first-class research and due diligence service to support the Unicef UK risk screening process for selected individuals and organisations. This includes maintaining and helping manage the risk screening process, researching individuals or organisations as part of the screening process, and...

  • Senior Compliance Risk Officer

    2 weeks ago

    London, Greater London, United Kingdom American Century Investments Full time

    Job OverviewWe are seeking a highly skilled Senior Compliance Risk Officer to join our team at American Century Investments. As a key member of our compliance department, you will be responsible for ensuring that our investment activities are in line with regulatory requirements and industry best practices.

  • Risk Control Analyst

    2 weeks ago

    London, Greater London, United Kingdom Validus Risk Management Full time

    **About Validus Risk Management**We are a specialist provider of financial market risk services, working with institutional investors, fund managers, and portfolio companies to design and implement strategies to measure, manage and monitor financial market risk.**Job Summary**This is an exciting opportunity for a full-time Risk Control Analyst to join our...

  • Senior Investment Risk Officer

    5 days ago

    London, Greater London, United Kingdom Turner & Townsend Full time

    We have an exciting opportunity for a Senior Investment Risk Officer to join our expanding rail team at Turner & Townsend in London and the south east of England. As a key member of our team, you will play a crucial role in delivering Sustainable Net Zero outcomes for our clients.The estimated salary for this position is £65,000 - £85,000 per annum,...

  • Senior Risk Officer, Gas

    1 month ago

    London, Greater London, United Kingdom Gunvor Group Full time

    Senior Risk Officer, Gas & PowerJob Title: Senior Risk Officer, Gas & PowerContract Type: PermanentTime Type: Full timeJob Description:Scope and summary of the roleThe Senior Risk Officer, Gas & Power is a key member of the Risk team, responsible for measuring, analyzing, and monitoring market risk for all trading activities. This includes assessing and...

  • Senior Operational Risk and Compliance Officer

    4 weeks ago

    London, Greater London, United Kingdom Lutine Bell Full time

    Lutine Bell is supporting a global financial services firm to appoint a Senior Operational Risk Manager to their Risk Team.Key Responsibilities:Ensure the annual Risk Management Plan is delivered effectively and provide risk advice to the business.Promote a strong risk culture within the organization.Work closely with senior stakeholders, including...

  • Chief Ethics and Compliance Officer

    5 days ago

    London, Greater London, United Kingdom Hays Senior Finance Full time

    Your New CompanyOverviewHays Senior Finance, a global leader in household products with operations in over 120 countries and a team of over 50,000 employees, is seeking an exceptional Chief Ethics and Compliance Officer to shape its Ethics and Compliance function.This senior role involves staying up-to-date on regulatory changes, ensuring the business adapts...

  • Senior Compliance Risk Officer

    5 days ago

    London, Greater London, United Kingdom Citi Full time

    About CitiCiti is a global bank with a long history of serving its customers. Our commitment to innovation and customer satisfaction has made us one of the largest financial institutions in the world.Job Title: Senior Compliance Risk OfficerSalary: $120,000 - $180,000 per yearJob DescriptionAs a Senior Compliance Risk Officer at Citi, you will be responsible...

  • Wholesale Risk Management Specialist

    5 days ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    **About Paritas Recruitment - Risk**: We are a leading recruitment agency specializing in risk management positions. Our expertise lies in placing talented professionals in top companies.We are currently seeking an experienced Wholesale Risk Management Specialist to join our team. As a senior professional, you will be responsible for developing and...

  • Senior Internal Auditor

    1 month ago

    London, Greater London, United Kingdom Audit, Integrity and Risk Branch Full time

    Job Title: Senior Internal AuditorJob Summary: We are seeking a highly skilled and experienced Senior Internal Auditor to join our Audit, Integrity and Risk Branch. The successful candidate will be responsible for conducting independent and objective internal audits to evaluate and improve the effectiveness of risk management, control, and governance...

  • Operational Resilience Risk Management Specialist

    1 month ago

    London, Greater London, United Kingdom Paritas Recruitment - Risk Full time

    Operational Resilience Risk Management SpecialistWe are seeking an experienced Operational Resilience Risk Management Specialist to join our team at Paritas Recruitment - Risk. The ideal candidate will have in-depth knowledge of Cyber and Technology exposure and be able to provide oversight, guidance, and challenge to the first line, ensuring business...

  • Risk Management Officer

    3 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Job DescriptionThe role of the EMEA Operations Risk & Control Officer is to ensure that within EMEA Operations:All risks are identified, assessed and managed in line with risk appetite.The control environment is robust, comprehensive, and effective.Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with SMBC's...

  • Group Risk Officer

    5 days ago

    London, Greater London, United Kingdom CFC Full time

    Career OpportunitiesWe are looking for a talented Group Risk Officer to join our team in London. This is a unique opportunity to work with a dynamic company like CFC and contribute to its continued success.About the Role:You will be responsible for supporting the senior risk manager in designing and delivering a comprehensive risk management programme,...

  • Expert Risk Governance Professional

    1 week ago

    London, Greater London, United Kingdom Audit & Risk Recruitment Full time

    Job OverviewAudit & Risk Recruitment is seeking a seasoned Risk Governance Expert to join their esteemed client, a leading media and broadcasting household name. This 12 month fixed term contract will provide an exceptional opportunity for the selected candidate to make a significant impact in shaping the company's risk management approach.The successful...