Job Description
RISK CONTROLLER - OIL TRADING
Exciting new opportunity to join a top Global Trading company who are looking for a Risk Controller – Oil. The company is expanding and offers good career prospects / remuneration. The role will be based in their London Office. You would be part of a Risk Team reporting to the Head of Risk.
Key responsibilities:
* Responsible for the preparation and production of the daily P/L reporting process for all supply and trading activities:
* Running an unofficial and an official ETRM system batch as basis for risk reporting. Problem resolution in case of batch generation errors.
* Control of all open positions for their completeness and correctness.
* Close liaison with Trading,Short Term Optimization, Operations and Back Office to ensure trades are captured accurately and timely.
* Generation and creation of detailed MtM report, with analysis of major day changes and risk limit monitoring, with escalation to management and trading in case of limit breaches.
* Responsible for the daily maintenance of the ETRM System:
* Control and verification of settlement prices and forward curves.
* Definition of new price curves for P/L and MtM valuations.
Influencing the ETRM agenda to ensure all Risk Control system needs are m...