At a Glance
- Tasks: Analyse and manage commercial risks in Gas, LNG, Power, and Emissions trading.
- Company: Dynamic energy trader based in Central London with a strong growth 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 a real impact on energy trading strategies.
- Qualifications: Degree in relevant fields 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 are within Trading Delegations of Authority, and 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.
Senior Commercial Risk Analyst: Gas, LNG & Power Trading employer: Richard James Recruitment Specialists Ltd
Our client is an exceptional employer located in the heart of Central London, offering a dynamic work environment that fosters collaboration and innovation within the Commodity and Energy trading sector. Employees benefit from a strong focus on professional development, with opportunities to expand their expertise across various commodities and take on leadership roles. The company's commitment to a supportive culture and its strategic position in a growing market make it an attractive place for those seeking meaningful and rewarding careers.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Risk Analyst: Gas, LNG & Power Trading
✨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 about reaching out to professionals in the Gas, LNG, and Power sectors. You never know who might have the inside scoop on job openings or can refer you directly.
✨Show Off Your Skills
When you land that interview, make sure to highlight your experience with P&L attribution and risk management. Use specific examples from your past roles to demonstrate how you've successfully navigated challenges in trading environments. This will show them you’re not just a good fit, but the perfect fit!
✨Research the Company
Before any interview, do your homework on the company’s trading strategies and recent market movements. Being able to discuss their approach to risk management and how you can contribute will set you apart from other candidates. It shows you’re genuinely interested and ready to hit the ground running!
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing that role! We’re always looking for talented individuals like you to join our team. Plus, it makes it easier for us to keep track of your application and get back to you quickly.
We think you need these skills to ace Senior Commercial Risk Analyst: Gas, LNG & Power Trading
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Commercial Risk Analyst. Highlight your experience with Gas, LNG, and Power 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 our client's Commercial Risk team. Mention specific experiences that relate to the job description and show your enthusiasm for the role.
Showcase Your Analytical Skills:Since this role requires a deep understanding of risk management and market movements, make sure to include examples of how you've successfully navigated similar challenges in your previous roles. Numbers and results speak volumes!
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 ensures you don’t miss out on any important updates from us!
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, LNG, Power, and Emissions trading. Understand the market movements and trading strategies relevant to these commodities. Being able to discuss recent trends or news in these areas will show your passion 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 daily interaction with various teams, practice articulating complex ideas clearly and concisely. Think about how you can explain technical concepts to non-technical audiences, as this will be crucial in your role supporting risk management across departments.
✨Be Proactive and Flexible
Demonstrate your proactive approach by discussing how you've contributed to business growth in previous roles. Highlight any experiences where you've had to adapt quickly or support team members, as flexibility is key in a dynamic trading environment.