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.