Junior Market Risk Analyst

  • Location

    London, England

  • Sector:

    Finance & Risk

  • Salary:


  • Contact:

    Sarah Stott

  • Contact email:


  • Job ref:


  • Published:

    over 1 year ago

  • Expiry date:


  • Start date:


  • Consultant:


This leading global energy and commodity trading company require a Junior Market Risk Analyst based in London.

The key responsibilities are:
Report timely and accurately daily market exposure and Profit and Loss for gas trading books; Analysis of the P&L by trading strategy and greeks to help explain the drivers of the P&L;
Calculation of risk metrics like VaR and stress;
Deal with all issues related to hitting Stop Loss and Var limits
Perform ad-hoc analysis to support other ETS functions;
Support ongoing projects (IT and other) to support the Market Risk Function; improvement of risk metrics reporting, automisation P&L reporting/P&L explain etc.
Analysis and understanding of the positions being run on the desk and ensuring these fit within the risk framework of the organization;
Spot and remedy any problems with relevant data (transaction, market or reference data);
Monitor traders' adherence against their delegated authority;
Contribute to new business initiatives, systems or process improvement projects;
Maintain a good knowledge of market conditions through the use of provided tools;
Drive the continuous improvement of daily reporting processes
Maintain good relations with all internal and external stakeholders especially with FO, Back Office, Accounting, Planning & Control & IT;
Perform monthly and quarterly account closing and reconciliation activities; interface with BO & Accounting teams;

Highly organized, good attention to detail and ability to work with tight deadlines;
Strong analytical and numerical skills;
Very good Excel knowledge, preferably working knowledge in VBA and programming of macros;
Dedicated and stress-resilient;
Proactive and result oriented approach to work;
Team worker and experience in working in an international and multi-location organization;
Strong communication and interpersonal skills and positive attitude;
Ability to build and nurture effective relationships internally and externally;
Flexibility and adaptability to work in a rapidly changing environment;
Curious and demonstrating willingness to learn;

University degree (preferably in Economy, Engineering, Mathematics, Statistics)
3-4 years of working experience (preferably in energy trading environment)
Relevant experience within a Market Risk environment in a trading company would be an advantage;
Strong knowledge and understanding of energy markets and the financial instruments commonly used for risk management of a trading activity would be an advantage
Knowledge of risk metrics such as VaR, stress tests, scenario analysis,
Knowledge of one or more ETRM systems (e.g. Endur) or BI tools (e.g. QlikSense) would be an advantage
Language knowledge : English (Fluent)
Flexibility in working hours is required

Reporting Relationships
This position reports to the Market Risk Gas Manager.
The main relationships will be:
Internal - Front Office, Back Office, Accounting, Planning&Control, IT and other Middle Office units;
External - relevant industry contacts.

ETS offices in Brussels