17 Oct
E1 EDF Trading
London
Job description
Description
To become a key member of the Front Office Risk team by contributing rigorous risk analysis for presentation to the executive team, facilitated by forging strong relationships with trading desks underpinned by an in-depth understanding of global energy markets.
Main responsibilities
Key responsibilities include :
- Interact daily with Trading desks and Fundamental analysis teams to facilitate independent analysis and challenge trading strategies
- Understanding in detail the day to day drivers of price volatility and how this relates to the portfolios under your responsibility
- Understand in detail on a daily basis the positional makeup of the portfolios under your responsibility
- Understand in detail on a daily basis the key P&L; drivers of the portfolios under your responsibility
- When required produce weekly deep dives for management on specific trading positions to identify and analyse risk / reward
- Produce well-written commentary for presentation at weekly meetings with the executive team
- Liaise with other support functions to escalate and resolve market, operational and other risk issues as appropriate
Experience required
- Experience of working in a risk management, valuations or trading role within an investment bank or energy trading firm
- A strong understanding of risk calculation methodologies for linear and non-linear instruments including : VaR, back-testing, portfolio stress testing, and sensitivity analysis
- Experience interacting directly with traders
- Detailed knowledge of some of the following energy commodities : Power, Gas, Oil, LNG, LPG & Coal
Technical requirements
- Strong Excel, VBA or other programming skills preferable, particularly ability to analyse complex data
- Experience in building risk analytics tools in excel or other systems
Person specification
- Excellent mathematical and analytical skills including a good knowledge of statistics
- Minimum Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or Science
- Preference for MSc Finance, CQF, PRM, FRM or ERP holders
- Knowledge of common commodity trading instruments including physical forwards, swaps, options, and other derivatives
- In-depth understanding of option valuation methodologies, preferably including exotics
- Excellent written and verbal communication skills to prepare and present material to senior executives as required
- Strong interpersonal skills to build relationships with key stakeholders
- Attention to detail and strong focus on accuracy of information
- Team-work : ability to function in a dynamic small team and provide cover for other team members.
Hours of work :
40 hours per week, Monday to Friday
▶️ Front Office Risk Analyst
🖊️ E1 EDF Trading
📍 London