Our client is one of the leading integrated energy companies who require an Operational Risk Analyst for the Middle Office Risk team which monitor the evolution of financial regulation and operational risk.
As an integrated member of the Finance & Risk functions, the primary responsibility of the job holder will be assisting in supporting the organisation in its growth aspirations through effective risk management processes in new products and markets where the business may see opportunities to develop plus reviewing operational risks that may require intervention, informing the business of risks that may impact their activity and foster relationships within the deal lifecycle.
DUTIES AND RESPONSIBILITIES
The main duties and responsibilities of the job holder are:
Facilitate and manage the risk assessments of new business activities, including but not exclusive to New Product Approvals (NPA), Non Standard Deal Approvals (NSDA) and New Commercial Activity Integration (NCAI) across Oil, Gas, Power, Emissions LNG and Derivatives trading.
Support the business in identifying risks through incident operational risk tools (i.e. incident reporting) and liaising with the business to seek solutions and risk mitigation opportunities.
Deep dive where required operational incidents that may have a regular occurrence or significant exposure to the business and provide to the governance structures with support of relevant functions risk mitigation proposals to prevent/minimise reoccurrence.
Report on a periodic basis (weekly, monthly, quarterly, annual) information that informs the business on its Operational Risk profile including but not exclusive to risk dashboard, trend reports, status updates and input into bench performance reports.
SKILLS AND COMPETENCIES
Result oriented approach and proven ability to work under pressure and to tight deadlines;
Excellent analytical skills with the ability to identify risk trends. Outstanding problem solving skills with the ability to work with key stakeholders to develop and implement solutions to reduce risks.
Excellent interpersonal, presentation and communication skills to be utilised across multiple levels the organisation
Ability to operate with minimum supervision on multiple projects. Must be able to prioritise workload in reactions the business and functional needs.
Strong and solid knowledge of Microsoft Office suite including excellent Excel and VBA skills, knowledge of Matlab would be a plus;
Full command of English language (spoken and written), knowledge of Italian language would be an advantage but not essential.
Minimum 3 years of experience working within a trading or origination role. Operational Risk experience desirable but will consider candidates with knowledge of the trade lifecycle (i.e. Middle Office, Risk, Back Office). Knowledge of Enterprise Risk Management frameworks would be an advantage but not essential.
Strong bias towards a particular product set rather than a generalist (i.e. LNG, Derivatives, Crude, Products, Power, Gas or Emissions)
£35k-£45k Per Annum
£35000 - £45000 per annum
8 months ago