At a Glance
- Tasks: Support daily risk oversight for trading desks and ensure accurate reporting.
- Company: Join BB Energy, a global leader in energy trading with a strong heritage.
- Benefits: Enjoy a competitive salary, benefits package, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Be part of a fast-growing team in a dynamic market with real impact.
- Qualifications: 3-4 years in energy markets, strong analytical skills, and relevant degree.
The predicted salary is between 50000 - 60000 £ per year.
About the Company
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.
Why Join Us?
- 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.
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 MTG 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) employer: BB 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 a team of industry experts dedicated to delivering secure and sustainable energy solutions while fostering a culture of entrepreneurial spirit and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst (Middle Office)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BB Energy. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Analyst (Middle Office)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BB Energy.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BB Energy's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BB Energy
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BB Energy.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BB Energy will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BB Energy employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
