Graduate Risk Analyst
- Recruiter
- Insight Recruitment Solutions
- Location
- London
- Salary
- 25000.00 - 30000.00 GBP Annual
- Posted
- 07 Sep 2019
- Closes
- 21 Sep 2019
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
Job Description Summary:
This is an excellent opportunity to join the Market Risk Management team of the leading fuel trading and supply company.
Purpose:
The primary responsibility of the Market Risk team is to act as a vital control function which enables the company to trade in a responsible, transparent and controlled manner.
This role is pivotal to the business and requires a meticulous and entrepreneurially minded person to take ownership of multiple business sectors; ensuring any possible market risks are quickly reported to the Head of Risk Management.
Main Duties:
Reporting to the Head of Risk Management your main responsibilities will include:
- Producing daily position reports which transparently summarise all market risk exposures arising from the business's trading and hedging activities.
- Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary.
- Understanding and validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports.
- Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts.
- Collaborate with Business Analysts to drive the development of the ETRM system.
- Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.
- Ad hoc tasks as required to support the Risk team and the wider business
Experience and qualifications:
Required:
- Minimum 2:1 Bachelor's Degree (preferably in Economics/Finance/Mathematics)
Beneficial:
- Work/internship experience within the Product Control/Market Risk team of a physical commodities business.
- ETRM experience.
- Accounting qualification.