At a Glance
- Tasks: Support daily risk oversight and collaborate with traders on market exposures.
- Company: Join BB Energy, a leading player in the dynamic energy market.
- Benefits: Enjoy a competitive salary, benefits package, and a flat management structure.
- Other info: Opportunity for career growth in a global company with diverse operations.
- Why this job: Be part of a fast-growing team with a strong entrepreneurial spirit.
- Qualifications: 3-4 years in energy markets, strong analytical skills, and knowledge of trading processes.
The predicted salary is between 50000 - 60000 € per year.
BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy's business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.
We are a fast growing business in one of the most dynamic markets. Our team includes some of the leading experts in this field. We have a strong entrepreneurial spirit. We are a well established business with a strong heritage and track record of success globally. We have a flat management structure and open management style - all voices heard and all voices count. Competitive salary and benefits package offered.
For our office in London we are seeking a Risk Analyst (Middle Office) to support BB Energy Trading’s Regional Risk Manager in the daily risk oversight of all physical and paper trading books across oil, oil products and freight.
Key Responsibilities
- Ownership and reporting of daily Position and PnL for BBE Trading’s physical and paper trading desks and liaising with traders on a regular basis to ensure the Positions and market exposures are accurately captured.
- Quantify and explain daily changes in exposure, PNL and VAR.
- Identify and resolve breaks and anomalies as necessary to ensure timeliness is maintained on reporting schedules including for Quarter and Year end.
- Validate deal entry and market data within BB’ ETRM systems to ensure accuracy and completeness.
- Work closely with trade finance, operations and other teams to ensure the relevant information is captured for risk reporting.
- Collaborate with other team members on ad hoc projects, process improvements.
- Monitor local level compliance with internal risk policies and procedures.
Required Experience & Background
- Minimum of 3 – 4 years of experience working in physical oil/Energy commodity markets.
- Understanding of trading, operations, risk and mid/back office business processes, policies and controls.
- Working knowledge financial derivatives (swaps, futures and options), VAR and MTM exposure.
- Strong analytical skills – ability to understand impact of market changes on PnL as well as an economic event in the lifecycle of a deal.
- Experience with energy trading and risk management systems (ETRM), preferably Symphony.
- Strong MS office (Excel) skills are essential, programming skills (SQL, Python) are a plus.
- Bachelor’s degree in Finance, Economics or Business with CFA, MBA, CA, or other related education will be an asset.
Personal Attributes
- Analytically minded.
- Quick to pick up new processes and complex concepts.
- Strong interpersonal skills and ability to build relationships between departments.
Risk Analyst (Middle Office) in London employer: B.B. Energy
BB Energy is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and collaboration thrive. With a flat management structure that values every voice, employees benefit from competitive salaries, comprehensive benefits, and ample opportunities for professional growth within a globally recognised energy trading firm. Join us to be part of a team that not only leads in the energy sector but also fosters a culture of entrepreneurial spirit and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst (Middle Office) in London
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those working at BB Energy. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of risk management and trading processes. Be ready to discuss how your experience aligns with the role of a Risk Analyst and show off those analytical skills!
✨Tip Number 3
Don’t forget to showcase your tech skills! If you’ve got experience with ETRM systems or programming languages like SQL or Python, make sure to highlight that during your conversations. It’s a big plus for the role!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at BB Energy. Let’s get you on board!
We think you need these skills to ace Risk Analyst (Middle Office) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Risk Analyst role. Highlight your experience in physical oil and energy commodity markets, and don’t forget to showcase your analytical skills and familiarity with trading processes.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the energy sector and how your background aligns with BB Energy’s mission. Keep it concise but impactful!
Showcase Relevant Skills:Don’t just list your skills; demonstrate them! If you’ve got experience with ETRM systems or programming languages like SQL or Python, make sure to mention specific projects where you used these skills.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at B.B. Energy
✨Know Your Numbers
As a Risk Analyst, you'll be dealing with PnL and VAR daily. Brush up on your financial metrics and be ready to discuss how market changes impact these figures. Show them you can quantify risks and explain your thought process clearly.
✨Familiarise Yourself with ETRM Systems
BB Energy uses ETRM systems like Symphony. If you have experience with these or similar platforms, make sure to highlight it. If not, do some research beforehand so you can speak confidently about how you would approach learning new systems.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical mindset. Bring examples of how you've tackled complex problems in the past, especially in energy trading or risk management. They want to see that you can think critically and adapt quickly to new challenges.
✨Build Rapport with Interviewers
BB Energy values strong interpersonal skills. During the interview, engage with your interviewers, ask questions, and show genuine interest in their work. Building a connection can set you apart from other candidates and demonstrate your team-oriented attitude.
