Senior Market Risk Analyst
Salary: 115000 - 180000
Location: Houston, TX
Posted: December 22 2024
Minimum Degree:
Relocation Assistance: Not Available
Senior Market Risk Analyst needed for a growing energy company in Houston.
In this role you’ll work as part of the Middle Office Team to preserve the integrity of the trading portfolio through a comprehensive grasp of transactions and their inherent risks. This will involve daily collaboration with fellow Risk Analysts, Senior Risk Analysts, Physical and Financial Marketers/Traders, Schedulers, IT, and Accounting/Finance Staff.
Responsibilities:
- Perform daily valuation of risk and supply books and generate P&L and position reports for crude and intermediates supply, and derivatives.
- Generate, analyze, and review daily risk control reports for distribution to management and supply desks.
- Identify, comprehend, and analyze the risks associated with deals and structured transactions in the portfolio, ensuring compliance with established transactional and portfolio limits.
- Monitor and analyze the organization’s market risk exposure for short-term and long-term strategies/transactions.
- Address process breakdowns/errors with daily system processes.
- Collaborate with internal customers including supply managers, traders, risk analysts, accounting, confirmations, compliance, credit, and contracts teams.
- Assist in determining appropriate methodologies such as mark-to-market, VaR, and accounting reconciliation.
- Manage the requirements and demands of multiple key stakeholders.
- Interface with various internal and external audit groups.
- Support compliance and internal controls activities and assessments.
- Assist in the ETRM implementation project.
Requirements:
- Bachelor’s degree in a quantitative field; such as Statistics, Mathematics, Engineering, Economics, or Finance.
- 5+ years of experience in crude and products commodity markets and financial derivatives, with 3+ years Risk Analysis.
- Experience with trading and risk management systems like RightAngle, FIS/Aligne, Endur, etc.
- Strong verbal and written communication skills, enabling effective interaction with employees at all organizational levels.
- Team-oriented with a comfort level in collaborating with diverse teams.
- Exceptional multitasking abilities, capable of efficiently managing multiple contacts, databases, spreadsheets, projects, and tasks.
This company offers a competitive compensation package with bonus incentive and a generous employee benefits package.