Market Risk Analyst - Commodity Trading

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

• Prepare accurate P&L, position and other risk reports for the desks’ trading books on a daily and monthly basis
• Provide detailed analysis of risk measures, positions, P&L and trading strategies for senior management, finance and traders on a regular basis
• Work with the traders to identify, quantify and communicate the market risks they carry, but also confirm that they operate within the agreed framework
• Keep up to date with market developments and provide frequent briefings to the team and a number of stakeholders
• Engage in analysis, valuation  and risk assessment of new markets/products/strategies
• Work on various projects and initiatives, collaborating with other Risk teams across locations, to deliver improvements across the business
• Support the continuous improvement of proprietary risk controls, reporting and analysis in line with business requirements

Your profile

• Strong numerical and analytical skills
• 2-5 years’ work experience in Market Risk management of LNG, Gas or Oil
• Understanding of commodity trading, trading lifecycle, physical asset trading instruments and/or financial asset trading instruments
• An understanding of valuation modelling, Greeks, stress testing, VaR concepts
• Able to communicate complex concepts clearly and concisely, both verbally and in writing
• Capable of prioritising and delivering against targets in a high pressure environment
• A strong and independent mindset, not afraid to challenge and be challenged, with a mentality of continuous improvement of existing processes
• Able to use structured analytical approaches when tackling complex issues, with good attention to detail
• An aptitude for thinking on your feet and finding solutions to complex problems
• Able to build and maintain good relationships across the business, while also looking after the interests of the team

Advantageous, but not a must

• Specialist commodity expertise and knowledge of the LNG market
• Risk Management certification, e.g. FRM, PRM
• Strong knowledge of Microsoft applications, especially Excel and Access including VBA
• Knowledge of specialist IT systems and software, especially OpenLink Endur 
• 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

• Friendly team with strong focus on support and development of each other
• Opportunity to develop yourself to your full potential in an exciting, fast-paced environment
• Exposure to a number of commodities, including but not limited to LNG, Oil and Natural Gas
• Day to day interactions with a variety of stakeholders including traders and senior management
• A flat management structure which offers visibility across the business
• Plenty of opportunities to influence the success of the trading desks from the start
• Competitive salary and annual bonus pay alongside with a wide range of flexible benefits

rwe.com/career

Apply now with just a few clicks: ad code 86237.

Any questions? Vince Manning (Recruiting), E: Vincent.Manning@rwe.com

We look forward to meeting you!

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.

Of course, you can find us on LinkedIn, Facebook, Twitter and Xing, too.

RWE represents change, innovation and sustainability. As one of the world’s leading generators of electricity from renewable energy sources, we aim to be carbon-neutral by 2040 and to enable a sustainable life for people around the world. To achieve this, we are looking for dynamic and motivated people to join us in creating a sustainable and secure energy future.