Deals Desk Risk Analyst

Key Responsibilities      

• Analyze exposure and M2M profit and loss and VaR on physical/derivative portfolios
• Produce daily commentary for management / traders to explain the change in the trading profit and loss due to market changes/ change in estimated vs actual economics for each deal
• Ensure all market price risk is captured and hedge actions executed
• Construction of forward curve for physical and hedge M2M purposes with ability to explain and justify methodology used
• Assess implication of changes to future physical deliveries and report and discuss impact of hedging strategies. 
• Post deal P&L review and variance analysis, analyze and investigate all trading P&L estimates
• Producing variances reports and supporting commentary
• Reconciling front and mid office systems
• Creation and maintenance of ad-hoc reports to assist in any area of position reporting / structure / hedging ( data integrity / trade entry / irregular business structures )

Knowledge, Skills and Abilities

• Degree holder with 2 years of working in a commodities risk reporting role
• Knowledge of physical / derivative oil markets and underlying structures and instruments
• Knowledge of physical oil logistics
• Meticulous and innovative
• Strong analytical skills
• Proficient in Microsoft Excel
• Familiar with using multiple systems
• Strong organizational skills
• Excellent communication (written & oral) skills
• Ability to work in a fast-paced high pressured environment