Market Risk Analyst at Glencore

• The Glencore Risk Department is an independent function aiming to control front-line trading. The Risk Department ensures that the risk-reward of the trading books is properly understood by Glencore senior management and that the physical exposure of the business – e.g. oil cargoes, electricity generation, gas deliveries – is correctly valued.
• This position requires the individual to monitor the risk embedded into the company portfolio and make sure it stays within the company’s risk appetite. The role is reporting into the Lead of Market Risk team.

PRIMARY TASKS & KEY RESPONSIBILITIES:

• Conduct risk identification, risk assessment and risk monitoring on the portfolios that the Risk Analyst is responsible for.
• Design risk reports to monitor some key identified risks and adapt the monitoring as the market dynamics change
• Own the coordination, implementation, evolution and communication of the risk reports
• Work collegially with the team, communicate effectively with the desk to understand the positioning of the desk and current market conditions
• Define and implement bespoke stress tests based on market conditions deterioration, specific risk quantification for communication and ventilation to the Senior Risk Management and Commercial teams
• Define and monitor predictive scenarios for portfolio risk to give a better intuition to management and desk on the positioning as market conditions evolve
• Coding in python, leveraging on data visualization software (Tableau/PowerBI) for effective presentation of metrics daily in dashboards.
• Undertake assessments of a wide range of transactions, carrying out modeling and analysis as necessary
• Communicate results effectively with traders and senior management

KEY RELATIONSHIPS:

• London Risk Managers
• Senior Risk Management team
• Traders

QUALIFICATIONS:

• Bachelor in Science Degree  required
• Master in Science preferred (Preferably in Finance/ Risk management)
• Post graduate qualifications in Finance, Risk Management (advantageous)

WORK EXPERIENCE & SKILL REQUIREMENTS:

• Experience in Market Risk required
• Commodity experience, specifically oil and/or gas is preferable but not required
• High Coding skills, notably in Python, essential.
• Highly numerate, with good problem-solving and analytical skills.
• Good communication skills.
• The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships
• Must be able to work collegially in a team, flexibly handling a wide range of potential issues
• Must be capable of working with significant autonomy and ensuring analysis is focused on delivering practical business benefits, often in tight deadlines