Commodity Risk Expert for Growth
4 days ago
Our client is a leading commodities trader with a strong commercial appetite. They are looking for an experienced Senior Commercial Risk Analyst to join their Central London team.
This Trading Floor based role offers exposure to all parts of the business, from partnering with the front office to supporting various middle and back office teams. As a key function to the business, the Commercial Risk team provides crucial support in managing and monitoring risk exposures and valuations.
The ideal candidate will have a broad knowledge base, including understanding market movements and trading strategies across various commodities. They should also be familiar with ETRM applications and have deep insight into commodities trading and risk management.
The successful candidate will be responsible for:
- Providing daily position and P&L reporting for the Gas, Power, LNG, Emissions, FX teams, with commentary on key value generators and changes.
- SUPPORTING junior analysts in their daily activity.
- Reviewing daily team exposure and value generated.
- Ensuring trading books are within Trading Delegations of Authority and hedging is carried out correctly each day, including hedging of trading FX exposure.
- Performing or supporting daily hedge processes as required.
- Providing risk input to pre-deal analysis for new business initiatives.
- Providing management information and analysis as required, and proactively seeking to provide business beneficial commercial analysis.
- Providing regular commentary on book performance and strategy, showing clear understanding, control, and risk measures to a variety of audiences.
- Responsible for weekly/monthly/quarterly controls and input into financial close processes as required for designated business area.
- Responsible for setup and maintenance of controls and reporting prior to commencement of LNG, Gas & Power, Derivatives and FX operations, and ongoing development thereafter.
- Regular contributor to the wider Risk Team weekly and ongoing Risk meetings and discussions
Salary Range: £70,000 - £90,000 per annum, dependent on experience and qualifications. Benefits include opportunities for career growth and professional development in a dynamic and growing company.
About Our Client: Richard James Recruitment Specialists Ltd is a specialist recruitment agency with expertise in placing professionals in top companies. We work closely with our clients to understand their needs and match them with suitable candidates.
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