Market Risk Specialist

4 days ago


London, UK, United Kingdom Aramco Trading Limited Full time

Aramco Trading Limited

Established in 2010, Aramco Trading (ATC) is now the lead premier trading company in the Middle East. ATC initially started operations focusing on the trade of refined products, blending components, bulk petrochemicals, and polyolefins. ATC focuses on refined products and blending components emerging as a global player based on an efficient and exceptional strategy. Our high performance and effective implementation of our strategy is viable based on the power of our employees, our advanced technology, and our avant-garde intelligence. With offices in Dhahran (Saudi Arabia), Singapore, Fujairah (United Arab Emirates) and London, ATC’s team of about 500 employees are committed to helping its customers and partners all around the world.


Aramco Trading Limited (ATL) was incorporated in London in 2019. ATL carry out energy trading activities, in particular the trading, by way of procurement and sale of refined products, crude oil, specialty petroleum products and chemicals. In addition to physical trading, ATL also engage in a wide variety of activities including shipping, chartering, storage and trading of financial derivatives. The company has a widely diverse employee base with expertise in all aspects of the oil trading market. The rapidly expanding London team compliments our global network and provides constant coverage across all time zones. ATL is an active participant in hydrocarbon trading in Europe, Africa and the Americas, with wide variety of crude grades and different petroleum products. The Company has also been expanding its activities to include GAS business where trading Liquefied Petroleum Products (LPG) and Lignified Natural Gas (LNG) form part of the growing portfolio.


We are now seeking a Market Risk Specialist to join our newly established team.


Key accountabilities:


· Defines and maintains product control processes and methodologies.

· Oversees production and issuing of product control metrics and reports.

· Oversees daily P/L and position reports.

· Manages forward curve methodology for Mark-to-Market pricing and back testing on forward curves, and recommends changes in existing methodologies.

· Reviews trader’s compliance with volumetric and tenor limits

· Stays abreast of product control best practices, identifies improvement opportunities, and works to improve performance.

· Performing other miscellaneous duties as directed.


Professional experience required:

· Degree qualified

· Extensive relevant work experience in trading risk management

· Excellent financial and valuation analysis experience

· Expert knowledge and application of decision analysis, techniques and statistical modelling relating to both market and credit risk control models

· Sound understanding of commodity trading business



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