- Perform price risk reporting and analysis of trades, including VaR, stress loss, transactional reviews, and liquidity risk . Execute portfolio reviews including P&L explanation, risk factor and ad hoc analysis
- Perform analysis and reconciliations of OTC traded deals, intercompany trades
- Perform futures reconciliations to ensure positions are accurate and brokerage fees are updated within systems and enhancing the reconciliation processes
- Create, monitor, and improve daily and ad-hoc reports for suspicious, non-compliant, and/or at- risk trading activity
- Liaise with Operations, Finance, and other teams to identify operational risk issues
- Monitor daily P/L movements and provide detailed analysis on the causes for the PL move including main indices & spreads causing the PL move.
- Ensuring all deals are marked correctly in order to report an accurate PL. Including capturing spreads based on hedges locked for the relevant physical deals.
- Ensure daily volatility and correlation data are uploaded into CTRM and VaR report is generated. Analyze daily VaR change to find out the root clause to make sure changes reflect actual business situation
- Prepare monthly portfolio P/L reports highlighting main drivers for the P/L
- Co-ordinate with the traders to ascertain appropriate prices to mark tanks with the appropriate price index from Platt's.
- Ensure internally executed trades flow properly from the Trading System to the Accounting system.
- Confirm trades with counter parties.
- Process swap payments reports, communicating and confirming payment details with counter parties prior to settlement.
- Liquidity Risk Monitoring
- Responsible for monitoring the cash balance sheet with Financial Institutions
- Monitoring the Margin Requirements for Financial Instituitions
Minimum Requirements
. Bachelor's degree in engineering or another analytical discipline: Math/Physics/Economics/
. 2 years experience in energy risk assessment & analysis
. Previous use of CTRM
. Excellent use of Excel/Word/PowerPoint
. Understanding of various commodity types and their settlement procedures
. Energy Risk Monitoring & Reporting
. Excellent understanding of energy Risk Drivers & Metrics such as VaR
. Working knowledge of volatility/correlation estimations,
. Ability to act as a team member
. Excellent communication skills, both verbal and written
