Risk Analyst

Main Purpose

As a Risk Analyst, you will ensure maintenance and improvement of core PnL data to increase accuracy and timeliness of the daily trading results. All responsibilities and accountabilities of the role remain based the core principles of risk management, the factors that drive them change on an hour-by-hour, day by day basis as the company discovers new and innovative ways to generate a wide and truly diversified portfolio.
 

You will be part of the team who is also responsible for the production and reporting of daily trading positions and management P&L, production and monitoring of daily trading P&L and volumetric exposure reports, post deal review and system reconciliation, enter inception PnL for all new trading strategies, and maintain the economics on these strategies throughout the trade lifecycle.

You will be part of the Calgary-based Deals Desk Team, reporting to Regional Manager who is also based in Calgary.

Key Responsibilities

• Ability to independently justify the economics in each trading strategy.

• Understand the forward curve on daily basis for physical and derivative markets to current position and to explain the impact on the trading PnL.

• Produce daily commentary for board of directors / traders to explain the daily changes in the trading profit and loss due to market changes/change in estimated/actual economics for each deal.

• Analyse exposure and report profit and loss including derivatives and physical exposure.

• Monitor data entry of new business in the Mark to Market System.

• Ensure all market price risk is captured and hedge actions executed.

• Assess implication of changes to future physical deliveries, report, and discuss impact of hedge strategy.

• Creation and maintenance of ad-hoc reports to assist in any area of position reporting /structure/hedging.

• Full responsibility of data integrity held within the trading systems.

• Accounting review of accruals/exceptions on a daily basis.

Required Qualifications

• Bachelor or Master's degree in Finance or related field

• Minimum of 3 years' exposure to market risk management

• Minimum of  3 years of experience in physical & derivatives markets inclusive of its underlying structures and instruments, preferred in the Metals sector

• Solid understanding of trading models and trading strategies and exposures that arise out of them

• Concrete understanding of Trading activities

• Experience in Trading and Risk Management System

Preferred Qualifications:

• Native or Advanced level of Spanish

• Python / SQL coding skills

• Metals and Concentrates exposure

• Cross-product or Multiple Region market analysis exposure

Attributes for success

• Ownership: Takes responsibility for accuracy and timely resolution of issues and deadlines

• Attention to Detail: Demonstrates diligence and solid understand of receivables, challenge the results of what has been produced prior to distributing it.

• Challenge: Thrives to improve processes and procedures to maximise efficiency.

• Organizational Skills: Manages multiple priorities while maintaining data integrity

• Resilience: Thrives in a fast-paced, high-pressure environment with competing priorities

• Communication: Negotiates effectively, problem solving and make recommendations

Key Relationships

• Physical Traders

• Head of Trading Books

• Head of Deals Desk (Risk Analysis)

• Derivatives Traders

• Finance

• Credit

• Operations

Department Overview

Deals Desk within Trafigura is a global middle office team providing risk analysis globally on a real time basis. Our primary responsibilities revolve around monitoring all elements of risk and exposure related to our commercial activity and report it directly to the board on a daily basis. We serve in a support role for traders through which requires daily interaction with operations, finance and accounting teams. Commercially, we add value by providing traders with risk assessments and analysis, which highlight their exposure, optionality and PnL. These reports are essential to help them make the right commercial decisions and optimize the opportunities their portfolios generate, all the while providing deals desk employees with an unprecedented front office learning experience in the world of trading.

Equal Opportunity Employer

We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.

Please make sure you submit your CV in English.