Global Energy Trading company requires Market Risk Analyst to work with expanding Risk Management department based in Zug, Switzerland.
The role:
* Daily Risk Monitoring & P&L Reporting: Review and validate the daily trading P&L reports to ensure completeness and accuracy, with a strong focus on the correct market valuation of both physical and paper positions, including associated costs of sales.
* Position Reconciliation: Conduct detailed daily reconciliation of trading positions, including paper hedges (swaps, futures), physical positions, and intercompany transactions, collaborating with traders to ensure alignment. Monthly reconciliation with accounting for accuracy.
* Storage & Physical Movements Monitoring: Track and review physical positions daily, such as lifting, discharges, and storage positions monthly, including inventory movements and month-end rollovers, ensuring proper accounting for all stock positions.
* Market Data Management: Manage the daily review and upload of market prices into the trading system, setting up new price curves for emerging market locations and products. Ensure robust data accuracy and integration with ETRM systems.
* Quantitative Risk Reporting & Analysis: Develop and generate key risk and exposure reports, including Value at Risk (VaR) analysis, and other ad hoc analyses. Conduct comprehensive quantitative analyses to evaluate market trends, price volatilities, and correlations, utilizing statistical methods and mathematical modeling techniques.
* Risk Model Development: Design and implement new quantitative risk models that accurately assess potential risks scenarios associated with trading activities.
* Prospective Modeling: Develop prospective models to forecast potential market scenarios and their impacts on trading strategies, ensuring traders are equipped with actionable insights, especially into business cases or new business developments.
* Collaboration with Traders: Work closely with traders to communicate risk assessments and provide tools that facilitate informed decision-making.
* Risk Assessment Reporting: Prepare detailed reports on risk assessments, model performance, and strategic recommendations for stakeholders.
Your Background
* Educational Background: Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Business, or a related field (preferred).
* Professional Experience: At least 5 years of experience in a risk or quantitative role within a mid-sized international trading company. A solid understanding of trading processes, including operations, logistics, shipping, storage, trade finance, and hedging, is highly desirable. Experience in biofuels or renewables is a plus.
* Technical Proficiency: Experience working with ETRM systems, SAP Business Objects, and advanced data analysis tools (e.g., Excel, Python, SQL). Knowledge of coding and data manipulation techniques is a strong advantage.
* Quantitative & Analytical Expertise: Strong mathematical, statistical, and analytical skills, with a solid grasp of risk metrics for commodity trading (e.g., Value at Risk, market risk, etc.).
* Analytical Mindset: Strong analytical skills with the ability to interpret complex data sets and translate them into practical strategies.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Staffing and Recruiting
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