Risk Officer

Job Description:

The Heavy Pool Risk Officer role is a member of the risk team, delivering pnl and position analysis to Management and Front Office. The role reports to the Risk Manager.

Main Responsibilities:
Analyse, model, and report market risk for all trading activities. Assess and monitor physical and financial trades. Analyse mark-to-market valuations, risk positions, basis changes, curves and volatilities and P/L results daily.
Manage daily production and reporting of P&L , positions/exposures from trading system(s), pnl attribution
Manage daily checks and trade integrity completeness between desks and trading system
Develop and maintain risk reporting/analytics to communicate position, P/L and market risk to traders and management.
Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for trading activities.
Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification.
Communicate effectively with Front Office, Operation, Trade Support, Finance and IT team on inputs and assumptions.
Work closely with Traders to quantify and explain the sources of risk in their portfolios.
Contribute to the reporting of Trading Result/ Position to Senior management. Responsible for monthly translation into accounting of trading results.
Prepare various reports and analysis for publishing internally and to the Management Board as the case may be.
Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency, and policy/limit compliance.
Coordinate with Compliance to ensure compliance requirements are met.
Identify and communicate operational risk, define risk mitigating measures and priorities.
Month end and year end reconciliations with finance and external auditors as required.
Back up / support for other desk’s Risk officers when required.

Profile
University degree, preferably in Computing, Mathematics, Engineering, Economics or Finance
Minimum 4 year in a similar role in the commodity trading business, preferably within a major trading house, an oil major, investment bank or hedge found
Curious and proactive, rigorous and meticulous
Demonstrated Business Analysis skills
Comprehensive understanding of risk management methodologies and valuation models
High knowledge of analytics tools and technologies.
Proficiency in Microsoft Excel and Python
Eagerness to learn and ability to work with limited supervision (if already experienced)
Strong entrepreneurial spirit, naturally curious and proactive
Excellent attention to detail; rigorous and meticulous
Strong interpersonal skills
High degree of accuracy and efficiency under set deadlines
Fluent in English, both written and spoken, French is a plus
Strong communication and organizational skills
Knowledge of quantitative risk analysis is a plus.