Risk Management Analyst
Job Description
This role sits at the intersection of physical oil trading, market risk management, and hedging strategy. The Risk Manager Analyst will work closely with traders, finance, and senior management to monitor exposure across crude and refined product portfolios. The position focuses on ensuring disciplined risk oversight, accurate exposure reporting, and effective hedging strategies in volatile commodity markets.
CANDIDATE REQUIREMENTS
Education & Experience
• Bachelor’s degree in Economics, Finance, Mathematics, or Engineering (preferably from a top-tier university).
• Analyst: 2-4 years of experience.
Associate: 3–7 years of experience.
Relevant background in commodity trading houses, oil majors, energy trading desks, risk management teams, or commodity hedge funds.
• Experience with oil derivatives, futures, swaps, and options (ICE, CME or similar exchanges).
• Strong command of Excel and data analysis tools; experience with trading and risk systems (e.g., CTRM and BI platforms) is a strong advantage.
• Solid understanding of physical oil markets, including crude and refined products.
Skills & Personal Attributes
• Strong analytical and quantitative skills with attention to detail.
• Ability to work in a fast-paced trading environment with tight deadlines.
• High level of integrity and independent judgment in risk oversight.
• Excellent communication skills and ability to interact with traders and senior management.
• Strong business English (both written and verbal) is required.
• Russian native speaker.
Responsibilities Duties:
1. Market Risk Monitoring & Exposure Management
• Monitor daily market exposure across crude oil and refined product trading portfolios (including gasoil, fuel oil, jet, and gasoline).
• Track and report key risk metrics such as Value-at-Risk (VaR), mark-to-market (MTM), position limits, and stress scenarios.
• Ensure compliance with internal risk limits and trading mandates.
• Produce daily and weekly risk reports for traders and senior management.
• Identify unusual trading patterns, risk concentrations, and potential limit breaches.
2. Hedging & Derivatives Support
• Support traders in the execution and monitoring of hedging strategies using futures, swaps, and options on exchanges such as ICE and CME.
• Monitor hedge effectiveness and basis risk between physical and paper markets.
• Maintain hedge books and ensure accurate reconciliation between physical positions and financial derivatives.
• Analyze market structure including spreads, cracks, and forward curves to support trading and hedging decisions.
• Assist in developing risk mitigation strategies during periods of market volatility.
3. Trade Validation & Position Control
Verify trade capture accuracy in trading and risk management systems.
• Reconcile positions between front office, risk, and back office systems.
• Monitor exposure related to storage, logistics, and supply chain commitments.
• Work with operations and finance teams to ensure correct P&L attribution and reporting.
• Support the development and improvement of internal risk control processes and reporting systems.
4. Market Analysis & Strategic Risk Insights
• Conduct market analysis on crude oil and refined product markets, including supply/demand dynamics and geopolitical developments.
• Provide insights on price volatility, spreads, and arbitrage opportunities impacting trading strategies.
• Develop scenario analyses and stress testing for portfolio exposures.
• Contribute to the development of internal risk dashboards and analytical tools.