Global Energy Trading requires a seasoned risk professional to work with the expanding Risk Management department based in Zug, Switzerland.
The role is multifaceted:
1. Daily Monitoring and Reporting: Ensure the completeness and accuracy of daily trading P&L reports, focusing on correct market valuation of positions and associated costs.
2. Position Reconciliation: Conduct detailed daily reconciliation of trading positions, including paper hedges and physical positions, collaborating with traders for alignment. Monthly reconciliation ensures accuracy.
3. Storage and Physical Movements Monitoring: Track and review physical positions daily, such as lifting, discharges, and storage positions monthly, ensuring proper accounting for all stock positions.
4. Market Data Management: Manage the daily review and upload of market prices into the trading system, setting up new price curves for emerging market locations and products. Robust data accuracy is crucial for integration with ETRM systems.
5. Quantitative Risk Reporting and Analysis: Develop key risk and exposure reports, including Value at Risk (VaR) analysis, and conduct comprehensive quantitative analyses to evaluate market trends, price volatilities, and correlations.
6. Risk Model Development: Design and implement new quantitative risk models that accurately assess potential risks scenarios associated with trading activities.
7. Prospective Modeling: Develop models to forecast potential market scenarios and their impacts on trading strategies, providing traders with actionable insights.
8. Collaboration with Traders: Work closely with traders to communicate risk assessments and provide tools for informed decision-making.
9. Risk Assessment Reporting: Prepare detailed reports on risk assessments, model performance, and strategic recommendations for stakeholders.
Requirements
* Educational Background: Bachelor's or Master's degree in Finance, Economics, Mathematics, Business, or a related field.
* Professional Experience: At least 5 years of experience in a risk or quantitative role within a mid-sized international trading company. A solid understanding of trading processes is highly desirable.
* Technical Proficiency: Experience working with ETRM systems, SAP Business Objects, and advanced data analysis tools.
* Quantitative and Analytical Expertise: Strong mathematical, statistical, and analytical skills, with a solid grasp of risk metrics for commodity trading.
* Analytical Mindset: Strong analytical skills to interpret complex data sets and translate them into practical strategies.