RWE Supply & Trading GmbH, London, Market Risk Management
To start as soon as possible, full time, permanent
Market Risk plays a key role in controlling and supporting the trading activities of RWE Supply & Trading. This includes providing the Board with unbiased, comprehensive, accurate and timely market risk and performance information. The team also uses its knowledge and expertise to provide advice to senior management, traders, Finance and other stakeholders, through the translation of market data into value adding information. This ensures our business remains compliant and successful.
As a Risk Analyst you will be involved in a wide variety of challenging projects, supporting business growth and improving risk processes. You will be exposed to a range of product types including forwards, swaps, options, and other complex derivatives, whilst developing your understanding of various trading strategies and keeping abreast of global market news with a special focus on European Gas, LNG and Oil trading. Click on this short video to see more.
Your responsibilities
1. Prepare accurate P&L, position and other risk reports for the desks’ trading books on a daily and monthly basis
2. Provide detailed analysis of risk measures, positions, P&L and trading strategies for senior management, finance and traders on a regular basis
3. Work with the traders to identify, quantify and communicate the market risks they carry, but also confirm that they operate within the agreed framework
4. Keep up to date with market developments and provide frequent briefings to the team and a number of stakeholders
5. Engage in analysis, valuation and risk assessment of new markets/products/strategies
6. Work on various projects and initiatives, collaborating with other Risk teams across locations, to deliver improvements across the business
7. Support the continuous improvement of proprietary risk controls, reporting and analysis in line with business requirements
Your profile
8. Strong numerical and analytical skills
9. 2-5 years’ work experience in Market Risk management of LNG, Gas or Oil
10. Understanding of commodity trading, trading lifecycle, physical asset trading instruments and/or financial asset trading instruments
11. An understanding of valuation modelling, Greeks, stress testing, VaR concepts
12. Able to communicate complex concepts clearly and concisely, both verbally and in writing
13. Capable of prioritising and delivering against targets in a high pressure environment
14. A strong and independent mindset, not afraid to challenge and be challenged, with a mentality of continuous improvement of existing processes
15. Able to use structured analytical approaches when tackling complex issues, with good attention to detail
16. An aptitude for thinking on your feet and finding solutions to complex problems
17. Able to build and maintain good relationships across the business, while also looking after the interests of the team
Advantageous, but not a must
18. Specialist commodity expertise and knowledge of the LNG market
19. Risk Management certification, e.g. FRM, PRM
20. Strong knowledge of Microsoft applications, especially Excel and Access including VBA
21. Knowledge of specialist IT systems and software, especially OpenLink Endur
22. Python user experience
What we value most is passion, willingness to learn and a determined and resilient work ethic. So, if you can’t display all of the skills above but would be interested to learn and develop them we would still like to hear from you.
Benefits you can rely on
23. Friendly team with strong focus on support and development of each other
24. Opportunity to develop yourself to your full potential in an exciting, fast-paced environment
25. Exposure to a number of commodities, including but not limited to LNG, Oil and Natural Gas
26. Day to day interactions with a variety of stakeholders including traders and senior management
27. A flat management structure which offers visibility across the business
28. Plenty of opportunities to influence the success of the trading desks from the start
29. Competitive salary and annual bonus pay alongside with a wide range of flexible benefits