Market Risk Analyst, Shell Energy Asia and LNG
What the role entails:
The individual is responsible for reviewing and providing assurance on the reasonableness of the overall book representation of the Shell Energy Asia and LNG entities, ensuring that the price risk management activities of the desk are captured timely within the trading systems and that the resultant pricing exposures carry the relevant fair economic values consistent with internal mark to market standards.
The individual will need to understand how the Shell Energy Asia and LNG entities generate returns, what resources are consumed in the process, what price risks are taken and associated trading strategies. The individual will need to be able to distill the key drivers of value generation, identify key market risks and mitigants, and explain pricing exposures and P&L generated by the entities.
The individual will need to work with Commercial stakeholders to understand market fundamentals and be able to provide an independent assessment of appropriate marks for book representation as the markets that Shell Energy Asia entities operate in may not have readily observable price curves.
The individual will need to develop and execute fit-for-purpose risk control framework and processes for the entities where the end-state systems and processes are not ready. Effective collaboration with offshore Market Risk teams is required for delivery of risk control processes. The individual will also need to participate in system implementation projects to shape and execute market risk requirements (e.g. develop and implement forward price curves in trading system). Close collaboration with IT and other teams is required for such projects.
Strong technical skills (trading system knowledge and market risk knowledge) as well as effective stakeholder management skills are key for this role.