Associate Risk Analyst

Sprague•Portsmouth, NH

19h•Hybrid

About The Position

The Associate Risk Analyst is responsible for the daily mark to market of the Refined Products (RP) Supply portfolio, the daily processing of the RP Supply PnL (profit and loss) reports, the end of day tie out of expected results with the trading desk, the daily reconciliation of financial trading positions to broker statements, and daily risk limit compliance reporting. The Associate Risk Analyst will interact with the RP Risk Analyst to ensure all daily and month end requirements are completed. This position is also expected to support the Nat Gas Middle Office team as needed. The role involves monitoring, tracking, and reporting Refined Products Supply physical/financial positions and mark to market valuation daily to traders and upper management. It serves as the primary liaison between Refined Products traders and Refined Products Accounting analysts to resolve position data discrepancies and position valuation questions. The role also includes updating/maintaining trading system reference data, from book reporting structure to instrument creation in RightAngle (ETRM), monitoring/reporting compliance with Risk Limits applicable to Refined Products daily, supporting month-end accounting close, and handling ad-hoc requests from traders and other stakeholders. Constant interaction with the Director, Middle Office regarding risk assessment monitoring/reporting is expected.

Requirements

Undergraduate degree in Accounting, Economics or Finance
2 to 4 years of relevant business experience
Strong computer literacy
Advanced Microsoft Excel skills
Extremely detail oriented
Ability to prioritize daily tasks according to business need, in collaboration with team members in fast paced, stressful environment
Excellent written and verbal communication skills

Nice To Haves

Accounting/financial background
Strong computer skills
Enjoys analyzing data and reconciling variances
Heavy usage of excel spreadsheets with pivot tables as well as VBA macros
Energy industry experience is a plus
Ion Right Angle experience desired
Forward thinking

Responsibilities

Daily mark to market of the Refined Products (RP) Supply portfolio
Daily processing of the RP Supply PnL (profit and loss) reports
End of day tie out of expected results with the trading desk
Daily reconciliation of financial trading positions to broker statements
Daily risk limit compliance reporting
Interact with the RP Risk Analyst to ensure all daily and month end requirements are completed
Support the Nat Gas Middle Office team as needed
Monitor, track and report Refined Products Supply physical/financial positions and mark to market valuation daily to traders and upper management
Primary liaison between Refined Products traders and Refined Products Accounting analysts to resolve position data discrepancies and position valuation questions
Updating/maintaining trading system reference data, from book reporting structure to instrument creation in RightAngle (ETRM)
Monitor/report compliance with Risk Limits applicable to Refined Products daily
Support month end accounting close
Constant interaction with Director, Middle Office regarding risk assessment monitoring/reporting
Handle ad-hoc requests from traders and other stakeholders

Benefits

Medical benefits
Retirement contributions that start on your first day
Three weeks (15 days) of paid vacation time per year
Tuition reimbursement
Paid volunteer time
401(k) Traditional and Roth plans with employer match of 100% of the first 6% of the employee’s contribution
Defined Contribution Plan with an automatic contribution from Sprague
Flexible Working Policy
Choice of high deductible and PPO Health Plans
Wellness Program