Risk Analyst (Market and Credit)

We are looking for a Risk Analyst, ideally with experience in credit, to join a commodity trading and energy supply group in Central London.

The commodity business provides risk management advice and trades both financial and physical commodities with an extensive global client base.

Skills and Experience

  • Strong analytical capabilities

  • Strong Excel and system knowledge

  • A team player but can work independently and takes initiatives

  • Good understanding of derivatives and operations ideally within commodities

  • 1-5 years of relevant experience or a graduate with relevant advanced financial degree

  • Experience of risk management and ideally credit analysis

Key Responsibilities

  • Review of intra-day positions taken by traders

  • Monitoring and reporting of Profit and Loss by both traders’ books and products

  • VAR analysis by product and currency

  • Basis correlation for offsetting positions

  • Facilitate more non-standard products to be booked in our internal booking and trading system (e.g. accumulators, knock-outs etc) and flow through all reports consistently

  • Simulations of potential price changes / credit events effecting the overall portfolio and range of transactions

  • Monitor FX hedging across the group

  • Counterparty risk (CSA vs VAR vs Credit rating)

  • Assist credit team with credit analysis of counterparties

For more information about this role or to find out about other risk and finance roles in the energy sector please contact Orit Brown on +44 (0)1565 626767 or orit@elevenrecruitment.com