Senior Risk Analyst at Glencore

JOB PURPOSE:

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 manage a local team of Junior Risk Managers as well as fulfilling risk management responsibilities themselves. They must provide support and have a clear, pro-active approach to communication with the London Risk Managers, Senior Risk Management and traders.

PRIMARY TASKS & KEY RESPONSIBILITIES:

• Direct managerial responsibility for a team of 3-5 junior people
• Risk Managers responsibilities    
• Ensure accurate and timely entry and maintenance of physical and derivatives trades in the reporting systems. o    Responsible for calculating and running daily risk reports, including calculating and explaining P&L. o    Assisting in the development of new and existing systems, processes and reports. o    Communicate results effectively with traders and senior management Proactively identify and communicate issues and ensure that reports or measurements present a reflection of this
• Any other ad hoc duties that may be required from time to time

QUALIFICATIONS:

• Educated to degree level at 2.1 or above (or similar), preferable in economics/finance

WORK EXPERIENCE & SKILL REQUIREMENTS:

• 3-7 years of experience in accounting/financial services/commodities trading houses
• Commodity experience, specifically oil and/or gas is preferable but not required
• Coding skills in VBA, Python, advantageous
• Team management experience preferred with the ability to mentor junior members of the team
• Highly numerate, with good problem-solving and analytical skills
• Good communication skills – must be able to understand others’ perspectives and relate complex ideas to different groups, including senior management
• The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships
• Must be able to work effectively 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