Market Risk Analyst

DEPARTMENT/TEAM: Risk

LOCATION: Gibraltar

SUMMARY

This role focuses on the preparation and production daily P&L reporting to enable the business to understand and manager commercial & trading performance across a specific region e.g. Europe, Americas. This includes daily volume exposure reporting, stock control, P&L reporting, analysis, limit monitoring and monthly Management Information to Management Accounts reconciliations.

MAIN RESPONSIBILITIES

Working closely with Traders internally to ensure data is accurate and timely; and,
with the physical operations teams for reviewing all stock movements, either in tank, barges, waterborne, in pipe, etc (delivered or to be delivered);
Help to implement process and system improvements to streamline activities Reviewing and checking daily physical and paper transactions have been posted correctly, and also to ensure the hedging is carried out correctly each day; Providing commercial analysis; specifically, monthly commercial performance measures, fixed cost reporting and analysis, analysis of pricing and basis risk around physical operations;
Analyse the operative performance of Peninsula barges (loadings, deliveries, transfers, loss control) and terminals and look for cost reduction opportunities Ensuring integrity of data through the implementation and use of suitable controls; Work closely with the Finance team at month end to ensure accurate reporting.

KNOWLEDGE, SKILLS AND EXPERIENCE

Essential

Business level of English language essential
3-5 years relevant experience within oil trading; additionally, the candidate may have held other relevant positions within an energy trading
Strong understanding of risks and P&L
Excellent communication and relationship management skills, internationally across the group and
Track record of improving existing
Experience in physical oil
Experience of managing or supporting business
Working under pressure and to tight
Fast learner, active thinker who can gain an in-depth knowledge of the business and detailed familiarization of the daily reports. To identify easily when something doesn’t look or feel
Ambitious, self-motivated and demonstrating a willingness to continually develop own knowledge and skills
High level of computer literacy including proficiency of MS Office package