Risk Analyst

Mercuria is one of the world’s leading independent energy and commodity groups. Our purpose is to connect markets and to advance the energy transition. We bring markets together to support the world’s energy needs of today by trading, structuring finance, and investing into strategic assets, whilst generating over $170 billion in turnover. We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow. We are well ahead of the pledge we made in 2021 that over half of our investment capital will go into sectors that are advancing the energy transition by 2025, to contribute to global efforts to combat climate change.

As a Junior Risk Analyst, you will work closely with Back Office, Trade Support, Accounting, and Credit teams to support the business activities of the Front Office through production of risk breakdown and explanation of key positions. The ideal candidate for this position will have a passion for risk awareness and processes, a strong background in Quantitative Analysis, and a desire to learn more about global commodities markets.

Responsibilities:
Responsible for correct position and pricing reporting as part of Regional VaR publication;
Production of a daily VaR attribution, ability to produce a breakdown and explain key drivers – linear and non-linear portfolios;
Production of risk position breakdown and risk decomposition, all substantiated with commentary explaining key position, price and volatility movements;
Manage and monitor the risk profile of the trading business in line with the agreed risk limits;
Interaction with traders in a challenging and growing environment;
Implement new controls: liaise with IT team to improve and enhance processes;
Supporting Front Office in new business activities by evaluating risks embedded in new business or complex transactions;
Liaise with back office/trade support/accounting/credit teams.

Job Profile:
Strong Quantitative background required;
Knowledge of commodities or financial markets is a must;
A University Degree in a relevant discipline – Mathematics, Statistics, Finance, Engineering;
Passionate about risk and processes, capable of working with the business lines to embed risk awareness and culture into everyday processes;
Interest in translating complex mathematical problems into deliverable solutions;
Experience with VaR analysis, calculations, and modelling;
Advanced Excel skills, VBA, SQL, Python. Knowledge of a Data Visualization tool is a plus;
Experience: 3-5 years.