Specialist Market Risk

What's the role

• Ensures daily operations are performed in compliance with the Shell Control Framework, SOX & Financial Reporting requirements; and Shell Trading mandate and policies.
• Maintains and evaluates quantitative market data including price series (from brokers, 3rd parties and trader assessments), volatilities, correlations and volumes.
• Monitors exposure limits daily within the Trading Control Framework and Manual of Authorities (MOA) and keep themselves updated for any changes.
• Conducts analyses to solve repetitive or patterned information and data queries/problems.
• Gathers data, analyses and reports findings using existing formats and will suggest changes to these formats. Resolves disputes and acts as an SME, first escalation level.
• Supports stakeholders in understanding analyses / outcomes and using them on topic related to own areas of expertise. Interaction with others demands influencing and persuasion in a tactful manner to explain and advise on performed analyses of information.
• Works within a variety of well-defined procedures and practices. Supervised on progress and results; informs management about analysis outcomes. Works autonomously within this scope, with regular steer required e.g. on project scope and prioritization. May coach less experienced colleagues.
• Provides indirect advice which is further synthesized by senior colleagues.

What you will be doing

• Assist with the daily production of WONA desk and assist traders to tie out their pnl with market movement.  
• Complete analysis of most of the product mark-to-market curves price movements to ensure trading system us correct.
• Exposure analysis and Investor’s profitability reporting exclusively for desk to take trade decisions.
• Monitor exposure limits daily within the trading control framework and manual of authorities (MOA)
• Prepare weekly trade performance slide decks for GM Derivative desk for his weekly meetings
• Work on liquidity reserve calculation in a quarter and ensure that is correctly communicated to trading desk.
• In case of DEX curve error, liaise with business users and technical support to identify, analyze and resolve DEX application issues (ad hoc).
• Ensure daily control is whole like, Late Deals, Bucket deals etc.
• Provide ad hoc analysis by running queries off the Trading Risk Databases
• Ensure activities are carried out with safety awareness and are performed in compliance with external regulation, the Control Framework, SOX and Financial Reporting requirements and Trading mandate and policies.

What we need from you

• Minimum of 2 years of relevant working experience
• Bachelor's Degree or any equivalent
• Strong computing skills (excel, programming, VBA) and analytical abilities
• Experience in Six-Sigma and/or other problem solving methodologies to drive continuous improvement
• Strong analytical skills required; detail and accuracy oriented.
• Strong communications and interpersonal skills
• Experience with risk analysis, value-at-risk, financial derivatives, or physical energy markets would be a plus.
• Demonstrates ability to work with cross-functional work group
• Demonstrates ability to drill down into complex data and must have a keen eye for details
• Must be able to demonstrate creativity in problem solving.
• Highly numerate, logical, able to prioritize and multi-task, and comfortable working in teams.
• Understanding of Oil Markets and trading management information systems; risk management experience is a plus.
• Motivated to resolve conflicting data issues with consideration for overall business impact.

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together.
• Continuously grow the transferable skills you need to get ahead.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with unique expertise.
• Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
• Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
• Grow as you progress through diverse career opportunities in national and
• international teams.
• Gain access to a wide range of training and development programmes.

An Inclusive & Progressive Place to Work 

• 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’re nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.
• We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
• 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.

Shell in India

Shell is a diversified energy company in India with 13,000 employees, and presence in Integrated Gas, Downstream, Power, Renewable and Upstream. Additionally, we have deep capabilities in R&D, digitalisation, and business operations.

Our global strategy, Powering Progress, is designed to generate value for our shareholders, customers, and the wider society, and focuses on creating more value with less emissions. The strategy supports our purpose of providing more and cleaner energy solutions, with the aim of profitably transforming Shell into a net-zero emissions energy business by 2050. As India moves towards its target of net-zero emissions by 2070, Shell India aims to play a leading role in securing vital energy for today, while investing in, and helping to build, the energy system of the future through strategic investments in the country.

Our Lubricants business serves over 50,000 consumers through a strong network of over 200 distributors, and operates an end-to-end value chain that spans conceptualization, development, and production at a world-class blending plant at Taloja. Through our 350-plus retail stations, we offer an integrated mobility experience including fuels, cafes, and convenience stores, with a prominent network of EV recharging facilities.

Shell owns and operates a LNG re-gasification terminal at Hazira, Surat, with a capacity of 5 MTPA and a LNG truck-loading unit that plays a crucial role in helping meet India’s growing demand for gas across sectors. In 2022, Shell acquired Sprng Energy in a $1.55 billion deal to build an integrated energy transition business in the country. Sprng is a leading renewable energy company in India which develops and manages solar, wind, and hybrid power generation facilities and infrastructure.

Our three capability centres across Bangalore and Chennai serve as a technology and innovation powerhouse for Shell globally, working as a delivery engine for core technical, digital, and finance processes: pioneering digital innovation and cutting-edge technologies across the energy sector. We also have strong academic partnerships and collaborations with leading universities and technology institutes to accelerate decarbonization efforts within the energy sector.

We are committed to positively contributing to the communities in which we operate through programmes on STEM Education, Skilling, and Livelihood across India. We nurture and invest in startups developing initiatives focused on accelerating energy innovation through programs such as Shell E4 and Shell Eco-marathon. We also have strategic investments in new energy companies such as Husk Power, d.light, Orb Energy, and Cleantech Solar.