At a Glance
- Tasks: Analyse and manage commercial risks in Gas, Power, LNG, and Emissions trading.
- Company: Dynamic energy trader based in Central London with a strong commercial focus.
- Benefits: Competitive salary, career development opportunities, and exposure to diverse commodities.
- Other info: Collaborative environment with opportunities for leadership and cross-departmental exposure.
- Why this job: Join a growing team and make an impact on energy trading strategies.
- Qualifications: Degree in Business/Finance/Maths/Engineering and experience in commodity risk management.
The predicted salary is between 60000 - 80000 € 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 well as an exceptional opportunity to work on LNG, and work towards strong career development including opportunities in the Front Office!
As the Senior 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.
- Review trading books to ensure they are within Trading Delegations of Authority, and to ensure the hedging is carried out correctly each day, including hedging of trading FX exposure.
- Monitor traders' exposures and adherence to Delegation of authorities and risk limits.
- Perform daily hedge process as required.
- Daily interaction with relevant trading desks and other front/middle office departments to support business risk management requirements.
- Provide regular commentary on book performance and strategy, showing clear understanding and control to a variety of audiences.
- Provide management information and analysis as required and proactively seek to provide business beneficial commercial analysis.
- Responsible for weekly/monthly/quarterly controls and input into financial close processes as required for designated business area.
- Support the wider team by utilising cross cover capabilities for other team members and to support overall team flexibility.
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 London employer: Richard James Recruitment Specialists Ltd
Our client is an exceptional employer, offering a dynamic work environment in the heart of Central London, where employees are encouraged to grow and diversify their skills within the thriving Commodity and Energy sector. With a strong focus on employee development, this role not only provides exposure to various trading teams but also opens doors to leadership opportunities and cross-functional collaboration, ensuring that every team member can contribute meaningfully to the company's success while enjoying a supportive and innovative work culture.
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 London
✨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 to professionals in the Gas, Power, and LNG sectors. You never know who might have the inside scoop on job openings or can refer you directly.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with P&L attribution and risk management. Share specific examples of how you've contributed to trading strategies or managed exposures in previous roles. This will show them you’re not just another candidate!
✨Be Ready for the Interview
Prepare for interviews by brushing up on your knowledge of market movements and trading strategies. Be ready to discuss how you would approach daily position reporting and risk monitoring. Practising common interview questions can also help you feel more confident when it’s your turn to shine.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us can give you an edge, as we often have exclusive listings and can keep you updated on new opportunities in the Commercial Risk space.
We think you need these skills to ace Commercial Risk Analyst - Gas, Power & LNG Trading in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Commercial Risk Analyst. Highlight your experience in Gas, Power, LNG, and Emissions, and showcase any relevant skills in risk management and P&L attribution. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about commodities trading and how your analytical skills can contribute to our team. Be sure to mention specific experiences that demonstrate your understanding of market movements and trading strategies.
Showcase Your Analytical Skills:In your application, don’t forget to highlight your analytical mindset. Provide examples of how you've used data to make informed decisions or improve processes in previous roles. We love candidates who can think critically and provide valuable insights!
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 directly and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
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 associated with these commodities. Being able to discuss recent trends or news in these areas 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 book performance and strategy.
✨Communicate Effectively
Since this role involves daily interaction with various teams, practice articulating complex ideas clearly and concisely. Think about how you can explain technical concepts to non-technical audiences. Good communication skills are key, so consider doing mock interviews with friends or colleagues.
✨Understand Risk Management
Familiarise yourself with risk management principles, especially in relation to FX exposure and hedging processes. Be prepared to discuss how you would monitor traders' exposures and ensure adherence to risk limits. Showing a solid grasp of these concepts will set you apart as a candidate.
