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OIL MARKET RISK MANAGER - LONDON, London

Morgan McKinley
  • UK - London
  • £50000 - £70000 per annum
  • Full-Time Permanent
  • Financial Services - Commodities
  • Morgan McKinley
  • 30-06-09

Job Description

This leading Commodities Energy Company is looking for an experienced Oil Market Risk Analyst to join its London-based Risk Control Department.

This is a managerial position within the Risk Controlling team of this successful company. The Risk Controlling team is responsible for appropriate valuation of positions and provision of daily Risk and Performance Information to the Trading desks and Senior Management.

As Oil Market Risk Manager your responsibilities will include:

Value added risk analysis to challenge and support trading strategies.
Daily check and documentation of forward curves used for position valuation against available market data from Information Services, Journals, and Brokers.
Preparation of position and P&L reports for the Oil and the Gas Trading desk's trading books on a daily and monthly basis ensuring that contractual risks in complex gas contacts are frequently monitored and reported accurately.
Play a key part in a number of varied projects across the business.
Provision of detailed analysis of risk measures, positions, P&L and trading strategies for traders, finance and Senior Management.
Risk measurement and limit checking, including stress testing and validation of input parameters of used of pricing models.
Monitoring and improving risk system interfaces.

Skills/Experience:

Demonstrated Physical Oil Market Risk experience.
Detailed knowledge of Risk Management techniques and their application in Commodity Markets.
Demonstrated managerial experience is preferred.
Previous Reporting experience, and/or an understanding of Trading, will be advantageous.

Education/Qualifications:

You will need to be educated to a Degree level (or equivalent) in a Mathematics or Economics based qualification.
Excellent Excel/VBA skills and SQL/Business Objects is preferable.

You must be eligible to work in the UK.
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