Senior Process Risk Analyst

  • Location

    London

  • Sector:

    Finance & Risk, Gas, Power and LNG

  • Salary:

    Competitive

  • Contact phone:

    +44 (0) 7974 194 008

  • Job ref:

    B - J7207

  • Expiry date:

    08/05/2021

  • Consultant:

    Sarah Stott

​We have an excellent opportunity with a leading Energy trading house in central London for a Process Risk Analyst

Position overview 

Reporting directly to the Process Risk Manager, the successful candidate will be responsible for assisting with the business-critical system simplification under Project OASIS. This will cover end-to-end review, mapping, documentation and subsequent redevelopment of trading processes in London. This includes all processes covering the trade lifecycle, namely; internal and third-party LNG purchases and sales, any associated shipping and voyage operations, hedging and optimization activity, reporting and settlement of all LNG cargoes and associated costs.

The Senior Analyst, Process Risk will also be expected to work with other London functions to design, develop, prepare and review reports to track key risk indicators (KRIs) for the monitoring of the identified and documented processes and review, document and propose changes to documented controls.

You will need to know:

The Senior Analyst, Process Risk will need to hold prior working experience of an energy or trading organisation, however experience in LNG is not a pre-requisite, but is strongly preferred. An energetic, outgoing and intensely inquisitive nature however is a requirement.

A demonstrable awareness and understanding of the financial trading lifecycle, including segregation of Front, Middle and Back offices, is a prerequisite. The ability to work accurately, under tight deadlines is a necessity. An expansive thought process and ability to question the existing status-quo also strongly preferred. A demonstrable ability to work with multiple personality types is a requirement.

A strong data driven mindset is also critical as the role will be responsible for reporting existing KRIs and developing insightful new measures across the trade lifecycle, including sourcing data which may be automated, manually sourced or a combination.

 

Responsiblities include: 

  • Actively contribute to the identification, mapping, drafting and proposing of enhancements to process and controls documentation for commodity transactions specific to Front, Middle, and Back Office activities in London

  • Help identify flaws in the existing processes that could put the company at risk; propose feasible solutions to reduce residual risk

  • Communicate with various business departments to identify solutions or recommendations to make identified processes and controls more efficient and accurate

  • Deputise for the Manager, Process Risk in the event of unavailability

 

Qualifications and experience needed:

  • Degree in Business, Finance, Engineering (chemical) or process orientated study

  • Prior experience in the energy industry or related experience (essential)

  • Understanding of trading organization set-up e.g. Front, Middle, Back office and associated standard controls (essential)

  • Understanding of LNG/natural gas marketing activities, including purchase/sales, transportation, storage and financial transactions (preferred)

  • Understanding of Lean / Six Sigma process analysis (preferred)

  • Understanding of IT development lifecycle - Agile development (preferred)

  • Excellent communicator with strong written and verbal communications skills as well as interpersonal and presentational skills, including the ability to effectively work with co-workers of vastly different professional backgrounds as well as external counterparties and suppliers e.g. Banks and software vendors

  • Demonstrable ability to work effectively in a remote (home based) workspace and be comfortable with phone and video conference meetings

  • Must be flexible and able to thrive in a fast-paced environment with continually changing priorities.

  • Excellent team player

  • Must be proficient in using systems and software such as MS Office Suite, specifically, Excel (including large data analytics and reporting functionality) and ideally Visio and SharePoint

  • Experience in operating and developing Excel VBA macros is preferred. Macros in this context are used to assist in data collation and facilitate efficient KRI reporting

  • Knowledge and experience of OpenLink (Endur) as an Energy Trading Risk Management system (strongly preferred)

  • Ability to own and execute tasks in an organised and structured manner

  • Ability to work independently with minimal supervision

For more details please get in touch with Sarah Stott on +44 (0) 7974 194 008 or sarah@elevenrecruitment.com