Key Responsibilities
- Analyze exposure and M2M profit and loss and VaR on physical/derivative portfolios
- Produce daily commentaryfor management / traders to explain the change in the trading profit and loss due to market changes/ change in estimated vs actual economics for each deal
- Ensure all market price risk is captured and hedge actions executed
- Construction of forward curve for physical and hedge M2M purposes with ability to explain and justify methodology used
- Assess implication of changes to future physical deliveries and report and discuss impact of hedging strategies.
- Post deal P&L review andvariance analysis, analyze and investigate all trading P&L estimates
- Producing variances reports and supporting commentary
- Reconciling front and mid office systems
- Creation and maintenance of ad-hoc reports to assist in any area of position reporting / structure / hedging ( data integrity / trade entry / irregular business structures )
Knowledge, Skills and Abilities
- Degree holder with 2 years of working in a commodities risk reporting role
- Knowledge of physical / derivative oil markets and underlying structures and instruments
- Knowledge of physical oil logistics
- Meticulous and innovative
- Strong analytical skills
- Proficient in Microsoft Excel
- Familiar with using multiple systems
- Strong organizational skills
- Excellent communication (written & oral) skills
- Ability to work in a fast-paced high pressured environment
