At a Glance
- Tasks: Join our Risk team to analyse market risks and enhance trading operations.
- Company: Mercuria, a leading independent energy and commodity group.
- Benefits: Gain real-world experience, mentorship, and a solid foundation in risk management.
- Other info: Proactive individuals will thrive in our dynamic and fast-paced environment.
- Why this job: Make a real impact on energy trading while advancing your career.
- Qualifications: Familiarity with Python, SQL, and strong problem-solving skills are a plus.
The predicted salary is between 500 - 1500 £ per month.
About Mercuria
Mercuria is one of the world’s leading independent energy and commodity groups. Our purpose is to connect markets and to advance the energy transition. We bring markets together to support the world’s energy needs of today by trading, structuring finance, and investing into strategic assets, whilst generating over $170 billion in turnover. We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow.
As a 12-month placement student in our Risk team, you’ll be immersed in the core of our trading operations, gaining practical experience in a fast-paced commodity trading environment. You’ll receive training in market risk analysis, position management, and P&L reporting, with exposure to both physical commodities and options trading strategies. This placement will challenge you to develop analytical models, contribute to ad-hoc projects and process improvements, and play a key role in enhancing the efficiency and accuracy of our Middle Office activities.
Key Responsibilities:
- Collaborate with experienced Risk, Middle Office, and technical teams to enhance our reporting capabilities.
- Develop and refine risk models, including VaR and Stress Tests.
- Receive comprehensive training in market analysis and risk reporting.
- Apply your strong development skills to contribute to the advancement of our risk models.
- Play a pivotal role in improving our Risk models and developing our current Risk Framework.
What You'll Gain:
- Real-world experience in mitigating and monitoring the complexities of Gas and Power risk.
- Exposure to risk reporting and the opportunity to significantly impact our Risk models.
- Mentorship from seasoned professionals in the trading industry.
- A solid foundation in market analysis and risk management.
Our expectations:
- Tech Skills: Familiarity with Python, SQL, or data visualization tools is a plus – we value your technical proficiency.
- Problem solving: Your problem-solving abilities and a commercial mindset are assets we highly appreciate.
- Motivation: If you’re driven, motivated, and eager to learn, you’ll thrive in our environment.
- Proactive: We value proactive and autonomous individuals who are ready to take the initiative.
Take the first step towards a rewarding career. Apply now to become an integral part of our Risk Team and help shape the future of energy trading.
How to Apply
Email CV and Cover Letter to RecruitmentLDN@mercuria.com. Email Subject: Risk Analyst Internship – Mercuria London
Risk - Intern in City of London employer: Mercuria
Contact Detail:
Mercuria Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk - Intern in City of London
✨Tip Number 1
Network like a pro! Reach out to current or former interns at Mercuria on LinkedIn. Ask them about their experiences and any tips they might have for landing the role. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since they value familiarity with Python and SQL, consider doing a quick project or two to showcase your abilities. We want to see that you can apply your knowledge in real-world scenarios!
✨Tip Number 3
Show your enthusiasm for the energy sector! Research Mercuria’s recent projects and initiatives related to the energy transition. Bring this knowledge into your conversations to demonstrate your genuine interest in their mission.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team and ready to take that first step towards an exciting career in risk management.
We think you need these skills to ace Risk - Intern in City of London
Some tips for your application 🫡
Craft a Tailored CV: Make sure your CV is tailored to the Risk Intern role. Highlight any relevant experience, especially in market analysis or risk management, and don’t forget to showcase your tech skills like Python or SQL!
Write a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your motivation and enthusiasm for the role. Mention how your problem-solving skills and proactive attitude make you a great fit for our team.
Showcase Your Analytical Skills: Since this role involves developing risk models and conducting market analysis, be sure to include examples of your analytical skills in both your CV and cover letter. We want to see how you think and approach problems!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands and shows your commitment to joining us at Mercuria!
How to prepare for a job interview at Mercuria
✨Know Your Stuff
Make sure you brush up on your knowledge of market risk analysis and the basics of commodity trading. Familiarise yourself with terms like VaR and Stress Tests, as well as the specific commodities Mercuria deals with. This will show that you're genuinely interested in the role and understand the industry.
✨Show Off Your Tech Skills
Since they value technical proficiency, be ready to discuss your experience with Python, SQL, or any data visualisation tools. If you've worked on projects using these skills, prepare to share specific examples. This will demonstrate your capability to contribute to their risk models effectively.
✨Be Proactive
Mercuria is looking for individuals who take initiative. Think of examples from your past experiences where you identified a problem and took steps to solve it. This could be in academic projects or internships. Highlighting your proactive nature will resonate well with their expectations.
✨Ask Insightful Questions
Prepare some thoughtful questions about the Risk team and their current projects. This not only shows your interest but also gives you a chance to engage with the interviewers. Ask about their approach to enhancing reporting capabilities or how they foresee the energy transition impacting their risk strategies.