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For Companies At a Glance
- Tasks: Lead a team managing risk for Gas, Power, LNG & Emissions trading.
- Company: Join a dynamic Integrated Energy trading company in London.
- Benefits: Gain exposure to all business areas and enhance your leadership skills.
- Why this job: Be at the forefront of energy trading and risk management with a supportive team culture.
- Qualifications: Degree in Business/Finance/Maths/Engineering; experience in commodities risk management required.
- Other info: Opportunity to mentor junior analysts and contribute to innovative business initiatives.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Our client is an Integrated Energy trading company based in London.
We are looking for an experienced, Commercial Risk Manager 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. The team provides a key function to the business, supporting the management and monitoring of the company’s Risk exposures and valuations.
This requires a broad experienced knowledge base, from understanding market movements and trading strategies across various commodities, to helping to maintain and improve ETRM applications. The role requires deep insight into commodities trading and risk management; physical/paper exposure management, FX exposure, VaR, P&L valuation.
The role is a key leadership role within the London Risk team and requires an individual that is happy to lead a team of analysts to achieve the business and risk team needs.
As the Commercial Risk Team Lead, you will be:
- Management of a medium sized team of analysts.
- Responsible for the Gas, Power, LNG, Emissions, FX teams’ daily position and P&L reporting, providing management and trading commentary on key value generators and changes. Supporting more Junior analysts in their daily activity.
- Review daily the team’s exposure and value generated.
- Validate the valuation methodologies used.
- Review trading books are within Trading Delegations of Authority, and to ensure the hedging is carried out correctly each day, including hedging of trading FX exposure.
- Perform or support team daily hedge processes as required.
- Responsible for Risk input to pre deal analysis for new business initiatives and new business set up for Low Carbon Solutions
- Provide management information and analysis as required and to proactively seek to provide business beneficial commercial analysis.
- Responsible for team 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
- Provide mentorship and technical support to other analysts
EDUCATION, SKILLS &EXPERIENCE REQUIRED:
- Degree level education, preferably in Business/Finance/Banking/Mathematics/Statistics/Engineering or with appropriate working experience.
- Proven experience in Gas, Power, LNG, Emissions in a risk or front office role.
- Working experience of Endur or EOS systems.
- 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.
- Experience of leading or developing Junior Analysts
- Proven leadership capabilities
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Commercial Risk Manager - Gas, Power, LNG & Emissions employer: ZipRecruiter
Contact Detail:
ZipRecruiter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Risk Manager - Gas, Power, LNG & Emissions
✨Tip Number 1
Familiarize yourself with the specific commodities mentioned in the job description, such as Gas, Power, LNG, and Emissions. Understanding the market dynamics and trading strategies related to these commodities will give you a significant edge during interviews.
✨Tip Number 2
Highlight your experience with ETRM applications, particularly Endur or EOS systems. Be prepared to discuss how you've utilized these tools in previous roles to manage risk and support trading teams effectively.
✨Tip Number 3
Demonstrate your leadership skills by sharing examples of how you've successfully managed or mentored junior analysts. This role requires strong leadership capabilities, so showcasing your experience in this area will be crucial.
✨Tip Number 4
Stay updated on current trends and regulations in the energy trading sector. Being able to discuss recent developments and their potential impact on risk management will show your commercial awareness and proactive approach.
We think you need these skills to ace Commercial Risk Manager - Gas, Power, LNG & Emissions
Some tips for your application 🫡
Understand the Role: Make sure you thoroughly understand the responsibilities and requirements of the Commercial Risk Manager position. Highlight your relevant experience in Gas, Power, LNG, and Emissions risk management in your application.
Tailor Your CV: Customize your CV to reflect your experience in managing teams and your knowledge of ETRM applications. Include specific examples of how you've contributed to P&L valuation and risk management in previous roles.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your leadership skills and your ability to mentor junior analysts. Discuss your analytical mindset and how it has helped you succeed in previous positions.
Highlight Relevant Skills: Emphasize your experience with Endur or EOS systems, as well as your understanding of P&L attribution. Make sure to mention your communication skills and ability to interact with various stakeholders effectively.
How to prepare for a job interview at ZipRecruiter
✨Show Your Expertise in Commodities Trading
Make sure to highlight your deep understanding of commodities trading, especially in Gas, Power, LNG, and Emissions. Be prepared to discuss specific market movements and trading strategies you've successfully navigated in the past.
✨Demonstrate Leadership Skills
As this role involves leading a team of analysts, share examples of your leadership experience. Discuss how you've mentored junior analysts and contributed to their professional growth, as well as how you manage team dynamics.
✨Discuss Risk Management Techniques
Be ready to talk about your experience with risk management, particularly in relation to P&L valuation, FX exposure, and VaR. Provide concrete examples of how you've managed risk exposures and improved valuation methodologies in previous roles.
✨Prepare for Technical Questions
Since the role requires familiarity with ETRM applications like Endur or EOS, brush up on these systems. Expect technical questions that assess your knowledge and experience with these tools, and be ready to explain how you've utilized them in your work.
