-Market Risk- Manager and Senior Specialist
The Market Risk department is a specialized unit in Finance Operations that operates in the Chennai, Bengaluru & Manila centres. The team has front line responsibility for risk measurement, deal valuation, exposure reporting, quantitative risk modelling, strategy validation processes & price validation.
The department pulls together a range of expert skills that ensure accurate & timely reporting, & allow us to offer professional advice on the wide range of issues that the department gets involved in. We are interested in attracting people to our business who share our core working values of honesty, integrity & respect for others. We also want those who can build on our business vision, are prepared to accept accountability & can achieve impressive results through teamwork.
Principal Accountabilities:
Drive & deliver key ETRM implementation & risk transformation projects across Energy vertical.
Lead a team of System & Transformation experts to develop analytical capabilities, ETRM implementation programs, Report transformation amongst the multiple projects in Risk in the energies space.
Understand & develop tools or implement technology-based solutions to improve the risk capabilities that would support Risk Reporting.
Working closely with PDS, Risk Advisory & Operations Teams to ensure trading risks & returns are fully understood, captured & tools to challenge are available.
Lead a small team of experts who would be responsible to develop, deliver ETRM/risk transformation projects & PDS initiatives in the energies vertical.
Operate a primary project manager for Development & Automation activities in Market Risk through the various transformational projects viz. Project ADA/Aspire etc.
Key role would be building a vision to transform Market Risk operation’s BAU processes through ETRM implementation, into IT enabled, governed & controlled applications.
Understand current processes including time intensive manual steps & any process “pain points” which represent improvement opportunities to work with PDS/Project.
Identify & prioritize automation opportunities & influence stakeholders to deploy.
Prepare detailed technical solution design documents.
Prepare, participate & lead the UAT & consequent deployment of the various ETRM/System transformational projects & ensure readiness for a fit for future risk function.
Lead across cross functional teams & manage with a “One Team” approach.
Work closely with Transformation Change & Engage Lead to ensure robust communication & socialization for process changes & awareness of results.
Help support development of the Market Risk plans together with the multi-year roadmap for investment in systems & technology.
Interfaces:
Multiple stakeholders including:
Risk Transformation Team, Market Risk Operations, Project Teams, Shell IT, PDS teams & PDT teams.
SMEs in various Market Risk teams including Operations, Advisory, PDS, Valuation, Reporting & Analytics, Quantitative Risk, Model Validation, & Onshore Operations.
Risk Change & Engage Lead
Risk Transformation Governance & PMO lead.
Technical/Experience Requirements for the role:
An undergraduate degree in Statistics, Mathematics, Science, Finance or Economics, Engineering is preferred with a minimum of 6-8 years’ experience post-graduation of which 3-4 years in trading/risk management of energy.
A master’s degree in finance or analogous domain is required. Candidate with CFA, FRM, ERP certifications would be preferred.
Work experience in various financial positions, with experience of applying Trading risk and financial management, process and controls principles in practice.
Strong understanding of options/non-linear instruments and their payoffs, risk-return, risks not captured in modelling.
Experience with Process Analysis, Design, & Implementation, Business & Technical requirements, Problem-Solving, & System(s) Testing, including UAT & Bug fixes
Strong understanding of Business Process Management techniques & notation
Basic understanding of Lean Six Sigma process methodologies
Expert is data visualization & story telling. Relevant experience working with Python & R
Other Requirements for the role:
Good understanding of Market Risk in general & Commodity Market Risk/Trading in particular including Risk Metrics, ETRM’s & best practices in Commodity Risk management.
Can work independently to resolve discrepancies, defects, incidents, or problems understanding the business & systems.
Persuasive communication skills, confidence to speak up & challenge plus ability to form effective relationships with stakeholders across Commercial, Risk, IT, the broader Finance organisation, & other support functions
Proven ability to manage & deliver through others, collaborating with people from diverse cultural backgrounds & in a virtual, global environment.
Strong Problem-Solving & Analytical Skills
An Innovative place to work
There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
Our business has been built on a foundation of innovative technology and skilled employees. By providing energy to sustain people’s lives for more than a hundred years, Shell has become one of the world’s leading companies.
Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future. At Shell, everyone does their part.
An Inclusive place to work
Shell is working to become one of the most diverse, equitable, and inclusive organizations in the world. We are taking steps to create an environment where everyone – from our employees, to our customers, partners, and suppliers – feels valued, respected, and has a strong sense of belonging.
To achieve this, we must ensure all people are treated fairly, irrespective of their race, color, religion, age, gender, sexual orientation, gender identity, marital status, disability, ethnic origin, nationality, or other status.
To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.
We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.