Davenport House, 16 Pepper Street, London E14 9RP
London Davenport House, 16 Pepper Street, London E14 9RP

  Apply Now

  Upload Your CV
Insight Recruitment Oil Risk Analyst 2020-08-17 17:05:16 2020-11-17
or call Matt Knowles on:
+44 (0)207 510 9600
Ref #: MK/OilRisk
Location: London
Salary: £50,000 - £60,000 p.a. + Performance Bonus GBP
Type: Permanent

This is an excellent opportunity to join the Oil Risk Management team of a leading fuel supplier with over 18bln litres of volume supplied and risk managed on an annual basis.

Purpose:Reporting to the Head of Risk Management your main responsibilities will include: -

  • Direct relationship with trading, ensuring position reporting is timely and accurate.
  • Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary.
  • Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.
  • Become the first point of contract for Junior Risk Analysts on the desk, helping to guide and support them when needed.
  • Producing daily position reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities.
  • Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports.
  • Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts.
  • Collaborate with Business Analysts to drive the development of the TriplePoint ETRM system.
  • Ad hoc tasks as required to support the Risk team and the wider business.

Experience and qualifications:

  • Required Minimum of 2 years physical oil/products experience
  • Experience implementing an ETRM system
  • Strong knowledge of MS Excel to an advanced level

Beneficial:

  • ETRM: TriplePoint (CXL) experience
  • Accounting qualification

Personal skills:

  • Strong communication skills, reliable and co-operative team member;
  • Commitment to getting the job done, willing to 'get hands dirty’ to deliver objectives.
  • Enthusiastic approach to develop the role and drive change
  • Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported.
Back to Jobs
Ref #: MK/OilRisk
Location: London
Salary: £50,000 - £60,000 p.a. + Performance Bonus
Type: Permanent

This is an excellent opportunity to join the Oil Risk Management team of a leading fuel supplier with over 18bln litres of volume supplied and risk managed on an annual basis.

Purpose:Reporting to the Head of Risk Management your main responsibilities will include: -

  • Direct relationship with trading, ensuring position reporting is timely and accurate.
  • Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary.
  • Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.
  • Become the first point of contract for Junior Risk Analysts on the desk, helping to guide and support them when needed.
  • Producing daily position reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities.
  • Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports.
  • Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts.
  • Collaborate with Business Analysts to drive the development of the TriplePoint ETRM system.
  • Ad hoc tasks as required to support the Risk team and the wider business.

Experience and qualifications:

  • Required Minimum of 2 years physical oil/products experience
  • Experience implementing an ETRM system
  • Strong knowledge of MS Excel to an advanced level

Beneficial:

  • ETRM: TriplePoint (CXL) experience
  • Accounting qualification

Personal skills:

  • Strong communication skills, reliable and co-operative team member;
  • Commitment to getting the job done, willing to 'get hands dirty’ to deliver objectives.
  • Enthusiastic approach to develop the role and drive change
  • Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported.
Back to Jobs

  Apply Now

Upload Your CV:
or call Matt Knowles on:
+44 (0)207 510 9600