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Market Risk Analyst Shell Energy Asia


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Market Risk Analyst Shell Energy Asia

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Reference ID R73769 Updated 26/09/2022 Employment Type null Experience level Experienced Professionals
Country Singapore Work Location (City) Singapore

The Role

What’s the role?

The Market Risk Analyst is responsible for reviewing and providing assurance on the reasonableness of the overall book representation of the Shell Energy Asia desk, 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 values consistent with internal mark to market standards.

The individual is charged with understanding how the SEA business generates returns, what resources are consumed in the process and what price risks are taken in the process of generating cash and mark to market returns. The individual is expected to play an independent role from Commercial and identify inconsistencies or concerns in price risk measurement and management practices to the appropriate level of management.

Successful candidate will be accountable for the following:

  • Understand the trading strategies employed by the desk, pricing exposures and P&L generated by the trade book and the key drivers of value generation.
  • Develop effective relationships with the global team.
  • Understand key price indices used by the trade desk and construction of forward curves, facilitating a review of the forward curves, and proposing alternative data sources where warranted.
  • Execute market risk controls under Shell Control Framework. This will also include limits review as well as design of new controls for new businesses/deal types.
  • Drive understanding of the design and utilization of methodologies to assess risk/reward of the portfolio, including VAR back-testing/Stress Testing/Scenario Analysis.
  • Collaborate with IT and other teams to identify, develop and implement market risk continuous improvement projects relating to the SEA desk.

What we need from you

We are keen to hear from candidates with the following experience:

  • Degree in a quantitative discipline, preferably in Engineering, Business or Accounting or related studies
  • Relevant Oil, Gas & Power industry experience preferred, with background in derivatives trading or physical crude/products a distinct advantage
  • Strong understanding of trading, operations, risk and mid/back-office business processes, policies, procedures, and controls.
  • Advanced grasp of trading deal structures, interpreting positions, P&L, mark to market and financial analysis
  • Ability to perform under tight deadlines in a very fast-paced trading environment
  • Ability to multitask with a high level of attention to detail and accuracy
  • Strong interpersonal and communication skills and an ability to build and maintain positive stakeholder relationships
  • Self-motivated individual who functions well in an unstructured environment

Company Description

Shell is one the largest foreign investors in Singapore and began operations in 1891. Today, we have more than 3,200 employees in Singapore alone. The Pulau Bukom Manufacturing Site today is the largest Shell refinery in the world in terms of crude distillation capacity, which makes Singapore a key regional supply and trading centre for Shell in the East. Singapore is the largest petrochemical production and export centre in the Asia Pacific region. Shell Jurong Island (SJI) manufactures petrochemicals to meet the fast-growing demand for these products in the region. We also have one of the largest single-branded retail networks in Singapore, providing customers with a wide range of quality products and services. When you join Shell in Singapore, you can count on our commitment to help you thrive and propel your career by means of our industry-leading development programme and our available and unrivalled pool of local and global experts. Our numerous global and local skill pools as well as our diversity are key to our success and continuing innovation.

An innovative place to work

There’s never been a more exciting time to work at Shell.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in oil, gas, and renewable energy to meet demand, exploring new ways to store energy, or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress, 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 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 Shell/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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