Job Description

Description

We are hiring for an experienced analyst within our key Commercial Risk team, with a focus on supporting the Gas, LNG, Power & Emissions trading teams. This role offer exposure to all parts of the business, from partnering with the front office, to various parts of the middle and back office e.g. Risk, Finance, Credit, IT and more.

The team provides a key function to the business, supporting the management and monitoring of the company's Risk exposures and valuations. This requires a broad experienced knowledge base, from understanding market movements and trading strategies across various commodities, to helping to maintain and improve ETRM applications. The role requires deep insight into commodities trading and risk management; physical/paper exposure management, FX exposure, VaR, P&L valuation.

The role can expand with time to bring exposure to other commodities, such as Crude, Biofuels, Refining, Oil Products and develop further leadership accountabilities.

Key Responsibilities

Responsible for the daily position and P&L reporting for Gas, Power, LNG, Emissions and FX teams providing commentary on key value generators and changes. Attributing and communicating in a meaningful way. Review trading books are within Trading Delegations of Authority, and to ensure the hedging is carried out correctly each day, including hedging of trading FX exposure. Monitor traders exposures and adherence to Delegation of authorities and risk limits Perform daily hedge process as required. Daily interaction with relevant trading desks and other front/middle office departments to support business risk management requirements. Provide regular commentary on book performance and strategy, showing clear understanding and control to a variety of audiences. Provide management information and analysis as required and to proactively seek to provide business beneficial commercial analysis. Responsible for weekly/monthly/quarterly controls and input into financial close processes as required for designated business area. Support the wider team by utilising cross cover capabilities for other team members and to support overall team flexibility.

Skills, Knowledge and Expertise

Degree level education, preferably in Business/Finance/Banking/Mathematics/Statistics/Engineering, or with appropriate work experience. Proven experience an energy commodity, Gas, Power, LNG, Emissions in a risk or front office role. Deep understanding of P&L attribution and valuation Understand standard Risk measurement tools e.g. VAR, Stress Testing and Options Commercially aware with proven ability to provide input to new business initiatives and models. Good communication skills, ability to interact with a variety of people. Analytical and detailed oriented mindset Able to take, and maintain, an independent approach and challenge where appropriate. Proficiency in VBA/Python/SQL is desirable Knowledge of Endur/EOS will be beneficial

Benefits

The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance.

About Petroineos Trading Limited

Petroineos Trading Limited comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe's leading International Integrated Energy Trading Companies.




Our highly experienced teams trade a comprehensive range of energy products, supported by a network of professional teams across the globe, enabling our customers to benefit from our ability to leverage our shareholders' global network. Trading is carried out by three divisions: Crude, Refined Products, and Low Carbon Solutions.



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