Description
The Senior Specialist - Market Risk Operations will support the Gas & Power trading business by providing independent market risk measurement, exposure monitoring, P&L analysis, risk reporting, and control framework oversight.
Responsibilities:
- Analyse and explain daily P&L movements and key portfolio risk drivers.
- Perform risk analysis using Value at Risk (VaR), stress testing, sensitivity analysis, and other market risk methodologies.
- Monitor trading exposures and limits in accordance with the Trading Control Framework and Manual of Authorities (MOA).
- Provide insightful risk commentary on commodity trading portfolios, particularly Gas and Power.
- Conduct ad hoc data analysis and reporting using trading risk databases and reporting tools.
- Partner with traders, business stakeholders, and technology teams to investigate and resolve risk reporting and application issues.
- Develop and maintain reporting solutions, dashboards, and performance metrics.
- Lead business improvement initiatives and risk-related projects with tight delivery timelines.
- Ensure compliance with regulatory requirements, SOX controls, Shell Control Framework, and internal policies.
Requirements:
- Postgraduate degree in Statistics, Mathematics, Finance, Economics, Science, or a related quantitative discipline.
- Strong understanding of market risk concepts including VaR, stress testing, sensitivity analysis, basis risk, volume risk, and currency risk.
- Knowledge of commodity markets, preferably LNG, Natural Gas, and Power trading.
- Experience working with risk management platforms such as Endur and Nucleus.
- Strong technical and analytical skills with hands-on experience in SQL, Oracle, Power BI, Tableau, Qlik or similar data visualization tools.
- Ability to analyse large datasets and communicate findings effectively to senior stakeholders.
- Strong stakeholder management, problem-solving, and project leadership capabilities.
Preferred Qualifications:
- FRM or CFA certification.
- Experience supporting trading and risk management functions within commodity markets.
What we offer:
- Progress as a person as we work on the energy transition together.
- Continuously grow the transferable skills you need to get ahead.
- Work at the forefront of technology, trends, and practices.
- Collaborate with experienced colleagues with unique expertise.
- Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
- Join an organisation working to become one of the most diverse and inclusive in the world.