At a Glance
- Tasks: Analyse and manage commercial risks in Gas, Power, LNG, and Emissions trading.
- Company: Dynamic energy trading firm based in Central London.
- Benefits: Competitive salary, growth opportunities, and exposure to diverse commodities.
- Why this job: Join a growing team and make an impact in the energy sector.
- Qualifications: Degree in Business/Finance/Engineering and experience in commodity risk.
- Other info: Collaborative environment with opportunities for leadership and professional development.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a trader of Commodity and Energy products including Gas, Power, LNG and Oil, based in Central London. They offer a unique chance to work within a growing and diversifying business, with a strong commercial appetite. We are looking for an experienced analyst to join our clients Commercial Risk team, with a focus on supporting the Gas, LNG, Power & Emissions trading teams. This Trading Floor based role offers exposure to all parts of the business, from partnering the front office to various parts of the middle and back office e.g. Risk, Finance, Credit, IT and more. The team provides a key function to the business, supporting the management and monitoring of the company’s Risk exposures and valuations.
The role requires a broad knowledge base, from understanding market movements and trading strategies across various commodities to helping to maintain and improve ETRM applications. It requires deep insight into commodities trading and risk management; physical/paper exposure management, FX exposure, VaR, P&L valuation. The role can expand with time to bring exposure to other commodities, such as Crude, Oil Products, Biofuels, Refining and develop further leadership accountabilities.
As the Commercial Risk Analyst, you will be:
- Responsible for the Gas, Power, LNG, Emissions, FX teams’ daily position and P&L reporting, providing commentary on key value generators and changes.
- Supporting more Junior analysts in their daily activity.
- Reviewing daily the team’s exposure and value generated.
- Reviewing trading books to ensure they are within Trading Delegations of Authority, and ensuring the hedging is carried out correctly each day, including hedging of trading FX exposure.
- Performing or supporting team daily hedge processes as required.
- Providing and supporting Risk input to pre-deal analysis for new business initiatives.
- Providing management information and analysis as required and proactively seeking to provide business beneficial commercial analysis.
- Providing regular commentary on book performance and strategy, showing clear understanding, control, and risk measures to a variety of audiences.
- Responsible for weekly/monthly/quarterly controls and input into financial close processes as required for designated business area.
- Responsible for setup and maintenance of controls and reporting prior to commencement of LNG, Gas & Power, Derivatives and FX operations, and ongoing development thereafter.
- Regular and active contributor to the wider Risk Team weekly and ongoing Risk meetings and discussions.
EDUCATION, SKILLS & EXPERIENCE REQUIRED:
- Degree level education, preferably in Business/Finance/Banking/Mathematics/Statistics/Engineering or with appropriate working experience.
- Proven experience in a specific commodity; Gas, Power, LNG, Emissions in a risk or front office role.
- Deep understanding of P&L attribution and valuation.
- Commercially aware with proven ability to provide input to new business initiatives and models.
- Good communication skills, ability to interact with a variety of people.
- Analytical and detailed oriented mindset.
- Experience of managing or supporting significant business growth.
- Able to take, and maintain, an independent approach and challenge where appropriate.
Commercial Risk Analyst - Gas, Power & LNG Trading in City of London employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Risk Analyst - Gas, Power & LNG Trading in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and don’t be shy to reach out for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by researching the company and its trading strategies. Understand their market position and be ready to discuss how your skills can help them manage risk better. Show them you’re not just another candidate; you’re the one they need!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. Focus on articulating your experience in commodities trading and risk management clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it shows you’re genuinely interested in joining our team. Let’s make it happen!
We think you need these skills to ace Commercial Risk Analyst - Gas, Power & LNG Trading in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Risk Analyst role. Highlight your experience in Gas, Power, LNG, and Emissions trading, and don’t forget to showcase your analytical skills and understanding of P&L attribution.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the team. Mention specific experiences that relate to the job description and show your enthusiasm for the role and the company.
Showcase Relevant Skills: In your application, make sure to highlight your skills in risk management and exposure analysis. We want to see how you can contribute to our team’s success, so be clear about your relevant expertise and achievements.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining us at StudySmarter!
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Know Your Commodities
Make sure you brush up on your knowledge of Gas, Power, LNG, and Emissions trading. Understand the market movements and trading strategies relevant to these commodities. Being able to discuss recent trends or news in the sector will show your genuine interest and expertise.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical mindset during the interview. Be ready to discuss how you've previously managed P&L attribution and valuation. Use specific examples from your past experience to illustrate your ability to provide insightful commentary on trading performance.
✨Communicate Effectively
Since this role involves interacting with various teams, practice articulating complex ideas clearly and concisely. Think about how you can explain technical concepts to non-technical stakeholders. Good communication skills are key, so consider doing mock interviews with friends or colleagues.
✨Be Proactive and Engaged
Show that you're not just reactive but proactive in seeking out business opportunities. Prepare to discuss how you've contributed to new business initiatives in the past. This will highlight your commercial awareness and ability to drive growth within a team.