At a Glance
- Tasks: Prepare market risk reports and conduct quantitative analysis across commodities.
- Company: Join a leading international Energy Trading company with global market access.
- Benefits: Enjoy opportunities for career progression and a collaborative hybrid work environment.
- Why this job: Deepen your expertise in market risk while influencing strategic initiatives in a dynamic team.
- Qualifications: Degree in a quantitative field with 4-7 years in commodities trading, preferably Gas and LNG.
- Other info: Proficiency in Microsoft Office and knowledge of energy markets is essential.
The predicted salary is between 43200 - 72000 £ per year.
Our client is a very successful international Energy Trading company with access to all key markets worldwide. This is a high-impact role within a globally distributed Market Risk team, offering significant exposure to senior stakeholders and complex, cross-commodity risk issues. The successful candidate will play a key role in driving analytical depth, supporting risk model development, and improving risk reporting processes. The role is particularly well suited to a candidate looking to deepen their expertise in market risk while progressively expanding their leadership influence in a successful commodity trading business. Over time, there will be opportunities to take on broader responsibilities and contribute to team development and strategic initiatives, positioning the role as a strong platform for future career progression. KEY ROLE RESPONSIBILITIES Responsible for preparing daily, weekly and monthly market risk reports, including VaR, options and stress testing Key role in the quantitative analysis of the risk profile of the company’s portfolio across commodities and products Deliver ad-hoc analysis to support Market Risk and Middle Office activities (such as onboarding new business and products), as directed by the Risk Manager Support ongoing digitalization and automation efforts to improve information flow and reduce manual processes across the business Collaborate on IT systems development and testing to enhance risk tools and infrastructure, as well as onboarding new products Promote a culture of continuous improvement by having the courage to challenge established processes. This includes identifying inefficiencies in operations and opportunities to streamline and automate shared processes and interfaces Assist in the development, enhancement, and validation of market risk models Ensure accurate and timely validation of option bookings Provide analytical support for the Senior Risk Manager Ability to work effectively as part of a global, hybrid working team KEY QUALIFICATIONS AND EXPERIENCE Possess a degree in a relative quantitative discipline 4 to 7 years’ experience in the commodities trading field, preferably Gas and LNG related products A background in energy risk management at an energy trading company Good knowledge of derivatives products, including options Strong knowledge in energy risk metrics/models is essential, such as VaR and stress testing Knowledge of energy markets (preferably Gas and LNG) TECHNICAL REQUIREMENT Strong proficiency with Microsoft Office products, including Excel, VBA, Power BI, PowerPoint and SQL, other skills Alteryx and Python will be useful, with experience in automating reporting and risk processes. Knowledge of Allegro / FEA /Topez is desirable. PERSON SPECIFICATION Excellent quantitative analytical skills Comfortable working across time zones and cultures; experience in a global or multi-location team is preferred Collaborative working style, able to operate effectively in both in-person and virtual environments Strong communications skills, with the ability to explain technical concepts to non-technical stakeholders Proactive, with the ability to thrive in a team environment under often disparate and conflicting pressures Integrity, attention to detail, and high standards of accuracy Able to own tasks independently whilst coordinating with colleagues to ensure consistency and knowledge sharing41bf1e1f-b16b-4260-a40a-17c77a06fd15
Senior Market Risk Analyst 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 Senior Market Risk Analyst
✨Tip Number 1
Familiarise yourself with the latest trends and developments in energy markets, particularly Gas and LNG. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the sector.
✨Tip Number 2
Network with professionals in the commodities trading field, especially those who work in market risk. Attend industry events or webinars to connect with potential colleagues and learn more about the challenges they face.
✨Tip Number 3
Brush up on your technical skills, particularly in Excel, VBA, and SQL. Being able to showcase your proficiency in these tools during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved processes or contributed to team development in previous roles. Highlighting your proactive approach and ability to drive change will resonate well with the hiring team.
We think you need these skills to ace Senior Market Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in market risk analysis, particularly in commodities trading. Emphasise your quantitative skills and any specific knowledge of energy markets, especially Gas and LNG.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined, such as preparing market risk reports and supporting risk model development.
Showcase Technical Skills: Clearly list your technical proficiencies, especially in Microsoft Office, SQL, and any experience with automation tools like Alteryx or Python. Mention specific projects where you have used these skills to improve processes.
Highlight Collaborative Experience: Since the role involves working in a global team, provide examples of your experience in collaborative environments. Discuss how you've effectively communicated complex concepts to non-technical stakeholders in previous roles.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Showcase Your Analytical Skills
As a Senior Market Risk Analyst, you'll need to demonstrate your strong quantitative analytical skills. Be prepared to discuss specific examples of how you've applied these skills in previous roles, particularly in relation to market risk metrics like VaR and stress testing.
✨Understand the Energy Market
Familiarise yourself with the current trends and challenges in the energy market, especially regarding Gas and LNG products. Showing that you have a solid grasp of the market dynamics will impress your interviewers and highlight your suitability for the role.
✨Prepare for Technical Questions
Expect technical questions related to derivatives products and risk models. Brush up on your knowledge of energy risk management and be ready to explain complex concepts in simple terms, as you'll need to communicate effectively with non-technical stakeholders.
✨Demonstrate Collaboration Skills
Since this role involves working within a global, hybrid team, emphasise your collaborative working style. Share examples of how you've successfully worked across different time zones and cultures, and how you can contribute to a positive team environment.