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 working environment.
- Other info: Proficiency in Microsoft Office and knowledge of energy risk metrics is essential.
- Why this job: Deepen your expertise in market risk while influencing strategic initiatives in a dynamic team.
- Qualifications: Degree in a quantitative discipline with 4-7 years in commodities trading, preferably Gas and LNG.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
We are seeking a Senior Market Risk Analyst to join a global energy trading organisation in London.
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The role focuses on daily analysis of Structured Products trading activity, including reporting on positions and P&L, while providing support across other desks such as Gas, Crude Oil Derivatives, LNG, and Power & Emissions. You will also contribute to Market Risk projects, including covering reporting responsibilities as needed.
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The team is highly focused on automation and continuous improvement, with a strong emphasis on developing tools to enhance efficiency and analytics. This includes building solutions to support front office trading using techniques such as machine learning and artificial intelligence, with opportunities to contribute directly to these initiatives.
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Operating within global energy markets, the organisation is active across crude oil, refined products, and biofuels, with an international presence spanning multiple regions. It plays a key role in trading, logistics, and sourcing across both traditional and lower-carbon energy sectors, with an increasing focus on sustainability and the evolving energy landscape.
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Main Responsibilities
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- Preparing and reviewing daily P&L and risk reports, monitoring limits, and proactively resolving issues in coordination with relevant teams.
- Supporting front office in obtaining approval for new and non-standard products.
- Assisting in identifying significant risks within the business and ensuring transparency to senior management.
- Providing information and commentary for bi-weekly Risk Committee meetings.
- Reviewing and approving relevant changes to the main ETRM system (Endur).
- Ensuring compliance with trading procedures and controls and supporting internal and external audit requests when required.
- Participating in the enhancement of reporting and development of reporting systems.
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Skills and Experience Required
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- University degree in a numerate discipline (e.g. economics, mathematics, science, finance, engineering or similar).
- Relevant experience in a market risk role within commodity trading companies or financial institutions.
- Strong knowledge of risk metrics such as VaR, stress testing, and scenario analysis.
- Good understanding of derivatives and options.
- Strong knowledge of MS Office (especially Excel and VBA); SQL and Python are advantageous.
- Knowledge of the Endur ETRM system is an advantage.
- Analytical mindset with strong numerical skills.
- Strong organisational skills with attention to detail and ability to meet tight deadlines.
- Strong communication skills, with the ability to engage effectively with senior management and stakeholders.
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Senior Market Risk Analyst in City of London 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 growth and innovation within the Commodity and Energy trading sector. Employees benefit from a collaborative culture that encourages professional development, with opportunities to engage across various teams and expand their expertise in commodities trading and risk management. The role of Commercial Risk Analyst not only provides exposure to critical business functions but also paves the way for career advancement into leadership positions, making it a rewarding choice for ambitious professionals.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Market Risk Analyst in City of London
✨Tip Number 1
Network with professionals in the energy trading sector, especially those who work in market risk. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific risk metrics and models mentioned in the job description, such as VaR and stress testing. Consider taking online courses or certifications that focus on these areas to enhance your expertise and demonstrate your commitment to the role.
✨Tip Number 3
Showcase your technical skills by working on personal projects that involve data analysis or automation using tools like Excel, VBA, or Python. This will not only improve your proficiency but also provide concrete examples to discuss during interviews.
✨Tip Number 4
Prepare to discuss your experience in collaborating with cross-functional teams, particularly in a global context. Highlight any instances where you successfully navigated cultural differences or time zone challenges to achieve project goals.
We think you need these skills to ace Senior Market Risk Analyst in City of London
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 key responsibilities, such as preparing market risk reports and supporting risk model development.
Highlight Technical Skills:Clearly outline your proficiency with Microsoft Office products, especially Excel and SQL. Mention any experience with automation tools like Alteryx or Python, as these are valuable for the role.
Showcase Collaborative Experience:Provide examples of your ability to work in global teams and across different cultures. Highlight any past experiences where you successfully communicated complex concepts to non-technical stakeholders.
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 the context of market risk and commodities trading.
✨Familiarise Yourself with Key Metrics
Make sure you have a solid understanding of energy risk metrics and models, such as VaR and stress testing. During the interview, be ready to explain these concepts clearly, especially to non-technical stakeholders, as this will showcase your communication skills.
✨Highlight Your Collaborative Experience
Given the global nature of the role, it's important to highlight your experience working in diverse teams across different time zones. Share examples of how you've successfully collaborated with colleagues in both in-person and virtual environments.
✨Demonstrate Proactivity and Continuous Improvement
The company values a culture of continuous improvement. Be prepared to discuss instances where you've identified inefficiencies and proposed solutions, particularly in relation to automating processes or enhancing risk tools.
