Risk Analyst

Job Description

This is an excellent opportunity to join the Market Risk Management team of the leading UK road and biofuel supplier with over 18bln litres of volume supplied and risk managed on an annual basis. Greenergy is the UKs largest fuel supplier and the second largest private company, operating multi-product & multi-country trading books. The company is expanding its international presence actively trading in Ireland, North America, Brazil, the Middle & Far East and Australia. It’s position has strengthened within the European Biodiesel market from purchasing a third Biodiesel Plant in Amsterdam.Purpose:The primary responsibility of the Market Risk team is to act as a vital control function which enables Greenergy 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. As the company continues to grow, there is a real demand for dynamic, hardworking and enthusiastic individuals to help support Greenergy’s rapid growth.Main Duties: Reporting to the Head of Risk Management your main responsibilities will include:- Direct relationship with trading, ensuring position reporting is timely and accurate.- Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary.- Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.- Become the first point of contract for Junior Risk Analysts on the desk, helping to guide and support them when needed.- Producing daily position reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities.- 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 TriplePoint ETRM system.- Ad hoc tasks as required to support the Risk team and the wider businessExperience and qualifications: Required:Minimum of 5 years physical oil/products market risk experienceExperience implementing an ETRM systemStrong knowledge of MS Excel to an advanced levelBeneficial:ETRM: TriplePoint (CXL) experienceAccounting qualificationPersonal skills: Strong communication skills, reliable and co-operative team member;Commitment to getting the job done, willing to get hands dirty’ to deliver objectives.Enthusiastic approach to develop the role and drive changeControl mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported.People are key to our continuing success; we work hard to reward, develop and retain staff. We offer a competitive salary, career progression opportunities, along with a comprehensive benefits package which includes;

25 days holiday per year, increasing by 1 day after 5 years’ service for every full year up to a maximum of 30 days plus bank holidays

Private Medical Insurance

Worldwide Travel Insurance

Company Pension

Life Insurance cover of 4 times basic salary

Eye Care Vouchers, Flu Jabs

Ride to Work Scheme

Access to a discount site for things like eating out, health and leisure etc.

You will also have access to the 24/7 Employee Assistance Programme.

Excellent staff facilities

If you are interested in joining the Greenergy team, please submit a current CV along with a cover letter in support of your application. Applications without a covering letter will not be considered.Please note, due to the volume of applications we regret to advise you that we are unable to respond to Candidates who are not short listed for interview.NO AGENCIES - Thank you. Required skills

Market Risk

ETRM

Keyskills :
Market Risk ETRM