Commercial Risk Analyst - Gas, Power & LNG Trading in London

Energy Jobline is the largest and fastest growing global Energy Job Board and Energy Hub. We have an audience reach of over 7 million energy professionals, 400,000+ monthly advertised global energy and engineering jobs, and work with the leading energy companies worldwide.

We focus on the Oil & Gas, Renewables, Engineering, Power, and Nuclear markets as well as emerging technologies in EV, Battery, and Fusion. We are committed to ensuring that we offer the most exciting career opportunities from around the world for our jobseekers.

Job Description

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. The role 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. Attributing and communicating in a meaningful way.
• 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.
• 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 to 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.

If you are interested in applying for this job please press the Apply Button and follow the application process. Energy Jobline wishes you the very best of luck in your next career move.