Senior Specialist - Market Risk

Description

• Maintaining quality relationships and engagements with key business stakeholders to ensure timely and accurate data
• Leverage Market Risk modelling practices including Value at Risk & Stress Testing to understand and communicate the risk in the portfolio
• Liaise with business users and technical support to identify, analyze and resolve application issues
• Ensure activities are carried out with safety awareness and are performed in compliance with external regulation, the Shell Control Framework, SOX & Financial Reporting requirements; and Shell Trading mandate and policies
• Provide ad-hoc analysis by running queries into the Trading Risk databases
• Monitor exposure limits daily within the Trading Control Framework and Manual of Authorities (MOA)
• Balancing the reporting requirements on multiple businesses covering varied commodity types (NG, Electricity) in different geographies/markets
• Work closely with Senior Specialist(s) to help them carry out daily risk reporting and execute projects. Most projects are likely to come in with short deadlines- the candidate is expected to lead the project if there is a business need
• Monitor and report KPI for both external (traders) & internal performance metrics
• The SEAM team works in post the post afternoon shift. The candidate should be comfortable in working in these shifts. The individual will need to be able to work extended hours if job requires due to monthly/quarterly close, new requirements/ critical project delivery timelines or unforeseen events.
• Be curious about the Shell’s trading business, seek to understand both ongoing/upcoming transactions, and dig into conflicting data to resolve issues while considering the impact upon the overall business

Requirements

• Understand trading account structure, exposures and P&L generated by different transaction types in the book
• Coming to terms with the complex system landscape: the candidate is expected to be comfortable with established/stable ETRMs. Future upgrade projects may require some time be devoted to work with other stakeholders in development/implementation of new software solutions
• Experience with risk analysis, Value-at-Risk, financial derivatives, or physical energy markets would be a plus
• Understanding the numbers and convincingly explaining the ‘story behind them’ demonstrating and appreciation for trading strategies and risk payoffs
• Ability to drill down into complex data and must have a keen eye for details
• Be well versed/have hands-on experience in any or all of VBA, Advanced Excel, Power BI, MS Access, SQL, Spotfire, QlikView, Tableau. The job will have a techno-functional aspect where the analyst will frequently pull data, filter and process information, analyze, interpret and clearly communicate the results upwards for the consumption of senior management
• Risk Management knowledge (demonstrate knowledge of different types of VaR, stress testing, sensitivity analysis, basis risk, volume risk, currency risk)
• Strong computing skills (Excel, programming, VBA) and analytical abilities
• Creativity in problem solving
• The ideal candidate will be highly numerate, logical, can prioritize and multi-task, and is comfortable working in teams
• This opportunity will be open for certified FRMs with at least 3 years of experience preferably in the banking industry.
• Working knowledge of SQL and Oracle is required.
• Experience in Gas & Power wholesale and retail trade instruments would be a plus
• Working knowledge of Spotfire - create new visualizations and drill down information for detailed analysis - is preferred
• Finance and accounting skills including ability to understand financial results and financial and management reports
• Strong communications and interpersonal skills
• An undergraduate degree in Statistics, Mathematics, Science, Finance or Economics from a leading academic institution
• Strong analytical skills required; detail and accuracy oriented
• Experience in Six-Sigma and/or other problem-solving methodologies to drive continuous improvement
• Understand key P&L drivers and articulate strategy-based P&L commentary whilst demonstrating a commercial understanding of the business
• Ability to work with cross-functional work group
• Experience/ understanding of Risk Management systems Endur and Nucleus- ability to identify deal changes related to fees would be a strong plus.
• A good understanding of Commodity Markets (preferably crude oil/ oil products/ LNG/ natural gas/ power) business and/or familiarity with spot price assessments, forward curve methodologies, swap markets, and basics of options would be valuable

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance