We are currently seeking a Market Risk Analyst to join the Risk Oversight & Compliance Division in our Treasury organization.
The Market Risk Analyst is responsible for analysis of market risks taken within the Organization monitoring financial risk exposures and commodity risk positions, understanding Profit & Loss attribution and drivers, and performing quantitative and qualitative analysis on positions and risks of the respective portfolios. You will assess market risk exposures and report the findings to risk management and to key areas of the Company. You will primarily interface with Compliance, Finance, Operations, and the trading desk.
The successful candidate will have a bachelor's degree in finance, economics, mathematics, engineering, or a related field and an experience of 10-12 years in energy or financial risk management. An MBA or other advanced business degree is preferred, and there is a strong preference for a professional certification such as CFA, FRM, or PRM. You will have experience with the development, implementation, application, and oversight of risk metrics and models. You will have experience in related markets with knowledge of trading concepts, derivative instruments, and operations. You should have the ability to coach junior analysts in developing their analytical skills and reporting capabilities. Advanced proficiency with Excel and Programming proficiency (e.g., C++, VBA.) is required.
Duties and Responsibilities
You will be required to perform the following:
Report market dynamics of the specific portfolio, key drivers impacting prices, volatility and values, and their prospective impact on the risks and earnings of the portfolio.
Ensure that volatilities, market prices, forward curves, correlations, and other key valuation components are accurately and consistently defined and updated.
Assist in the setup, configuration and implementation of risk analytic systems.
Ensure that new business transactions and related risks are appropriately defined and captured by the Company’s risk systems and risk methodologies.
Analyze risks/return related to new business and markets and liaising with the business functions to assure constituent risks are understood, are appropriate to risk appetite and correctly reported.
Monitor positions against market risk metrics and limits and liaising with the business functions and risk control regarding potential limit exceedance.
Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure.
Review policies and procedures and align risk policies across the Organization.