Deals Desk Risk Analyst

Main Purpose:
The role includes the timely and accurate reporting of daily P&L's, maintaining Mark to Market reports of physical positions and associated derivatives as well as analysing data and highlighting commercial risks to Traders and Senior Management. It also encompasses communication with third party customers in relation to the price fixations on physical deals and ensuring the resultant risk is properly mitigated.


The successful candidate will be an excellent communicator fluent in English with a strong personality comfortable liaising with Traders and external counterparties and others offices (Montevideo, Mumbai and Shanghai) to complete the daily tasks consistently, accurately and in a timely manner.



Knowledge Skills and Abilities, Key Responsibilities:



Knowledge, Skills and Abilities
- Bachelor in Mathematics, Science or similar
- Knowledge on precious metals hedging on the LBMA
- In depth knowledge of incoterms, specifically when pricing can be conducted based on the risk transfer of a specific cargo
- Strong communicator comfortable liaising in English with own team, Derivatives Traders and external counterparties.
- Motivated to succeed in a high pressure environment.
- Strives to improve processes and procedures to maximise efficiency.
- Excellent attention to detail, seeks to understand and question the results of what they have produced
prior to distributing it.



Key Responsibilities
- Monitor data entry of new business in the Mark to Market System.
- Track day to day changes in the Mark to Market and provide transparent explanation of movements to Traders and Senior Management.
- Consolidate monthly Mark to Market report, ensure sign off by Traders.
- Consolidate monthly P&L's from Operators, ensure timely reporting and check accuracy and completeness.
- Review and analyse derivative risk associated with trading physical materials.
- Support trading activities and provide full reporting service to Traders and Senior Management.
- Updating and maintaining risk exposures and position management.
- Stress testing exposure models and forward position assumptions.



Key Relationships and Department Overview:



Key Relationships
- Physical Traders
- Head of Trading Books
- Head of Deals Desk
- Derivatives Traders
- Accounts



Department
- Reporting directly to Global Head of Metals and Minerals Deals Desk