Quantitative Risk & Data Analyst

Our client is a trader of Commodity and Energy products including, Gas, Power, LNG and Oil, based in Central London. They offer a unique chance to work within a growing and diversifying business, with a strong commercial appetite.

Working as part of the wider Commercial risk team, we are seeking a Quantitative minded professional with experience in the Power/Gas trading industry. The successful candidate will work closely with the traders, in hybrid role, look at both Quantitative Analysis, risk management and systems development.

ROLE RESPONSIBILTIES:

• Risk reporting – daily/weekly/monthly reporting of risk the business carries, develop holistic Risk reporting for department, e.g. VAR suite, Stress testing, consolidated exposure/risk reports.
• Actively run and support daily VAR process.
• Development of quantitative models for the evaluation of complex structured deals, support originators/traders in the development and implementation of trading strategies incorporating such models.
• Development and validation of quantitative models for use in transaction valuation and risk measurement within the Commercial Risk.

• Risk data management - Ensure data in Risk systems are accurate, complete and accessible.

• Risk Platform/System development: improve processes, systems and reporting from internal systems for Risk needs. Develop and support operationalisation of latest market technology.
• Price Analysis - time series analysis of prices/volatilities/correlations, support annual Audit review of company price and valuation data.
• Data handling - Provide data extract and manipulation for Risk Team and stakeholders.
• Develop collaborative relationship with key stakeholders across functions.

EDUCATION, SKILLS &EXPERIENCE REQUIRED:

• Degree level education in a numerate subject, preferably in Economics, Engineering, IT, Sciences, Maths
• Database (SQL) / coding / system knowledge and experience
• Commodities/Derivatives experience in trading organization, 4 years plus
• Proven quantitative and programmatic skills
• Database (SQL) / coding / system knowledge
• A strong grasp of mathematics a must with strong analytical skills
• Proven track record of developing and applying quantitative models to complex gas and/or power deals (e.g. gas storages, virtual power plants).
• Ability to think logically and problem solve is key
• Interest in commodities / traded markets / energy transition important
• Be a self-starter as well as a team player
• Willingness and ability to work and deliver on timelines
• Be diligent and dedicated to manage ad-hoc analysis and projects in a timely manner