Risk Control Analyst - Gas/LNG
About The Position
Join a Global Energy Leader Driving the Transition to Net Zero Fast-paced, dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analysis and generation of reports. The Risk Control Analyst is part of the Global Risk Control team involving Houston, London, and Singapore. The Risk Control Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading Systems teams. The team works across locations and product types including natural gas, NGL, shale gas, LNG, power, emissions, and dry bulk products. The Middle Office is responsible for calculating profits and losses and risk exposure of gas & LNG trading desks. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets. The Top Management of Gas branch follows and controls the trading activity through the Middle Office reports
Requirements
- Degree qualified in economics/finance/business/mathematics or quantitative discipline.
- Comprehensive understanding of risk management methodologies and valuation models, preferably in commodity markets.
- High levels of numeracy and computer literacy.
- High degree of accuracy and efficiency under set deadlines.
- Strong analytical and problem-solving skills.
- High levels of flexibility with regard working hours.
- Good interpersonal skills
Responsibilities
- Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals. Analyze mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytics to communicate position, P/L and market risk to traders and management.
- Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
- Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGPNA's multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operations, Back office and Finance teams on inputs and assumptions.
- Work closely with Traders to quantify and explain the sources of risk in their portfolios.
- Contribute to the reporting of Trading Result/ Position to Senior management.
- Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency, and policy/limit compliance.
- Coordinate with Compliance to ensure compliance requirements are met.
- Support, identify, and assist in implementation of process improvements, from system testing and implementations to desk level process.
- Identify and communicate operational risk, define risk mitigating measures and priorities.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Petroleum and Coal Products Manufacturing
Number of Employees
5,001-10,000 employees
