Senior Risk Market Analyst
Senior Market Risk Analyst position available at a growing energy company located in Houston, TX.
As a member of the Middle Office Team, you will play a crucial role in ensuring the security of the trading portfolio by thoroughly understanding transactions and their associated risks. Daily collaboration will be required with fellow Risk Analysts, Senior Risk Analysts, Physical and Financial Marketers/Traders, Schedulers, IT, and Accounting/Finance Staff.
Responsibilities:
- Perform daily evaluation of risk and supply books and generate reports on P&L and positions for crude and intermediates supply, as well as derivatives.
- Generate, evaluate, and review daily reports on risk control for distribution to management and supply desks.
- Identify, understand, and analyze the risks associated with deals and structured transactions within the portfolio, ensuring compliance with established transactional and portfolio limits.
- Monitor and analyze the organization's exposure to market risk for both short-term and long-term strategies and transactions.
- Address any breakdowns or errors in daily system processes.
- Collaborate with internal stakeholders including supply managers, traders, risk analysts, accounting, confirmations, compliance, credit, and contracts teams.
- Assist in determining appropriate methodologies such as mark-to-market, VaR, and accounting reconciliation.
- Manage the requirements and demands of multiple key stakeholders.
- Interface with various internal and external audit groups.
- Support compliance and internal controls activities and assessments.
- Assist in the implementation project of the ETRM system.
Requirements:
- Bachelor’s degree in a quantitative field such as Statistics, Mathematics, Engineering, Economics, or Finance.
- 5+ years of experience in crude and products commodity markets and financial derivatives, with 3+ years of experience in Risk Analysis.
- Experience with trading and risk management systems such as RightAngle, FIS/Aligne, Endur, etc.
- Strong verbal and written communication skills, enabling effective interaction with employees at all levels within the organization.
- Team-oriented with the ability to collaborate effectively with diverse teams.
- Exceptional multitasking abilities, capable of efficiently managing multiple contacts, databases, spreadsheets, projects, and tasks.
This company offers a competitive compensation package with bonus incentives and a comprehensive employee benefits package.