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Senior Crude Market Risk Analyst

London - Shell Centre
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Senior Crude Market Risk Analyst

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Reference ID 128748BR_EN Updated 19/05/2020 Employment Type Full Time Experience level Experienced Professionals
Country United Kingdom City/State London - Shell Centre Work Location London - Shell Centre

The Role

This is an exciting opportunity to work in the Market Risk function within the Shell Trading based in London. An ideal role for a Market Risk Analyst who will have the chance to oversight risk management activities over the T&S Crude Oil Physical and Financial Derivatives business.

The Risk Analyst role will manage risk identification: model & portfolio assumptions and market inputs, pricing issues and drive understanding of the design and utilization of Value at Risk, Stress Testing, and Scenario Analysis for the Crude business in London.

This role will also identify, develop, and implement systems efficiencies and reporting capabilities for the risk books, partnering within other Crude team members to align best practices across the Global Crude business. This role will have direct reporting to the Global Head of Market Risk Crude, also supporting other Crude businesses outside London where applicable.

What’s the role?

As a Senior Market Risk Analyst, you will be responsible for ensuring that day to day risk management activities surrounding the STASCO T&S Crude organization are executed in a controlled and professional manner. By this, you will ensure that all trading activities remain within the mandated exposure and risk limits, exposures properly recorded using establish fair value methodologies and daily commentary must be produced in analysing daily and monthly P&L Performance.

You’ll work closely with the Credit and Enterprise Risk Teams to ensure trading risks and returns are fully understood, captured and challenged where necessary. On a wider level, you can look forward to a role that will enable you to work with risk leads for all parts of the risk management spectrum.

More specific responsibilities include:
  • Assess the risks associated with structured deals and the valuation models used for physical/financial trading and hedging
  • Assist in limit setting and monitoring of STASCO Crude business
  • Drive understanding of the design and utilization of methodologies to assess risk/reward of the portfolio (VaR Back-Testing/Stress Testing/Scenario Analysis/Pricing for Liquidity
  • Collaborate with IT and other teams to identify, develop and implement systems efficiencies and reporting capabilities for risk books
  • User testing of systems functionality and enhancements while providing feedback to key stakeholders
  • Support the review and execution of SOX controls
  • Partner with and provide support to other Crude Market Risk Teams
  • Provide input for the quarterly Global Crude Risk Committee meetings

What we need from you

A highly self-motivated, with strong communication skills and an outgoing and confident personality. You’ll also have strong business analysis skills, modelling capabilities, research and problem-solving skills and computer skills. We’re keen to speak from individuals with prior experience in trading operations particularly in market risk.

We expect you’ll call on your degree in Business, Economics, Mathematics, Accounting, Engineering, Sciences or IT, Masters or PhD is a plus. Also, we’d hope your CV will also show your proficiency in some programming languages like R and Python, SQL would be an advantage.

You are an experienced team player flexible to work across numerous time zones with both Market Risk Teams in other locations, but equally the Shell Business Operations Centre in India.

In addition to the above, we’d hope you possess the following attributes:
  • Continuous improvement mindset
  • Awareness of trading influences, deal structures and types, interpreting positions, P&L, market to market, trading reporting regulations, financial and management reporting, position reporting and financial analysis
  • Excellent senior stakeholder management skills
  • Energy Trading Risk Management experience

Shell started operations in the United Kingdom more than 110 years ago. Since then we have grown into a leading innovative oil and gas company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation, and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.

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.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An inclusive 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.
  • 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.


Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.

Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.

The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.

Shell is an Equal Opportunity Employer.
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