Job Title: Market Risk Analyst
Location: London, Greater London, United Kingdom
Key Responsibilities & Accountabilities:
* Maintain and revise risk monitoring reports (market risk, credit risk, liquidity risk); proficiency in Visual Basic programming or Python required.
* Trade modelling and validation.
* Configure and model forward pricing curves.
* Design, conduct, and analyze stress tests for liquidity, market, and credit risks.
* Maintain and enhance the market risk VaR model, including model backtesting.
* Oversee new product onboarding control and release.
* Conduct month-end valuation control (CVA/DVA, model and liquidation reserves).
* Perform risk control assessments and audits.
* Drive change management to improve current processes and controls.
* Complete ad hoc tasks and project work.
* Liaise with risk teams and trading desks in London, Paris, New York, and Singapore.
Person Specification:
* Degree in a quantitative field such as Mathematics, Mathematical Finance, Physics, or Engineering.
* Excellent numeracy and analytical skills, combined with strong communication abilities.
* Advanced problem-solving aptitude and intellectual curiosity.
* Proficiency in Excel VBA or Python.
* 3-5 years experience within market risk in energy (oil, gas, power) markets.
* Knowledge of Openlink Endur or similar ETRM systems is highly advantageous.
* Solid understanding of commodity derivatives.
* Organized, able to work to strict deadlines, and capable of multitasking.
* Ability to work both independently and as part of a global team.