Koch Minerals & Trading
Job title:
Quantitative Market Risk Analyst
Company
Koch Minerals & Trading
Job description
Your JobQuantitative Market Risk AnalystOur TeamThe Market Risk team of Koch Minerals & Trading (KM&T), a global commodity trading company covering Petroleum, Freight, Metals, Gas and Renewables, is looking for a Quantitative Market Risk Analyst who will play a leading role in the implementation of a new risk system and the delivery of its value to the organization. The Analyst will lead efforts to leverage the quantitative capability of the new system and collaboratively work across internal teams to build solutions so the Market Risk team can efficiently leverage risk, position, price, and performance data for daily reporting and analysis to improve risk adjusted decisions by the business and continue to evolve KM&T’s risk management capability.What You Will Do
- Key lead in the implementation of a new risk system with responsibilities including testing, configuration, documentation and becoming the expert on system functionality and capabilities
- Ensure the risk system captures Market Risk’s requirements. Bridge communication between the vendor, Market Risk IT and Market Risk. Build out test plans and collaborate with the team to ensure execution and validation of results
- Collaborate with the Market Risk team to build tools to improve risk analysis and reporting (examples could include VaR, stress, scenario, performance) and support business needs
- Provide solutions and improvement to market risk modelling challenges, including validating and implementing new modelling approaches
- Build internal solutions for existing processes to ensure daily processes, reporting, and controls are efficient and meet the requirements of the market risk team and business teams
- Own documentation of risk system modelling decisions and functionality and lead training for others in the organization on how to leverage and use the risk system
- Leverage advanced modelling and scenario analysis capabilities of the risk system to improve market risk metrics used daily by the risk team
- Proactively collaborate with Market Risk, IT and the vendor on the prioritization and implementation of risk system improvements and enhancements
- The role has the opportunity to expand into other areas including quantitative modelling and scenario development for credit and liquidity risk, analysis capabilities for the KM&T portfolio and risk analyst support for a particular trading portfolio.
Who You Are (Basic Qualifications)
- Bachelor’s or advanced degree in a quantitative field – (examples could include: Business, Finance, Economics, Engineering, Mathematics, Computer Science etc.)
- Experience with financial derivative instruments, valuations and risk measures in commodity trading
- Experience working with a commodities ETRM or new risk system implementations
- Experience with programming languages (such as VBA/Python/R/SQL)
What Will Put You Ahead
- Experience and knowledge of commodity markets including Metals, Natural Gas, Power, LNG, Renewables and/or Petroleum.
- Knowledge of trading instruments.
- Understanding and/or experience of market risk concepts and application.
- Experience working with and leveraging the capabilities of internal energy trading and risk management (ETRM) and accounting systems.
- FRM, PRM, ERP or CFA qualification.
- Experience with VBA, Python or SQL.
What Do We Offer:
- Opportunity to work in international environment, as part of the global team
- Holiday allowance of 25 days
- Attractive Pension Plan
- Private Medical Insurance
- Life Insurance
- Group Income Protection
- Access to Employee Assistance Programme
- Season Ticket Loans
- Cash reimbursement plan; dental, optical and medical
- Ride to Work Scheme
- Internal and external trainings
- Work in Principle Based Management environment, where we promote honesty and respect, we prefer self-reliant employees with initiative over micromanagement, we openly share the knowledge and expect employees to be eager to learn
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate’s knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.Who We AreAs a Koch company, Koch Minerals & Trading (KM&T) specializes in the innovative procurement, exchange, and delivery of essential commodity products and services that empower our daily way of life. We pursue the development of investments into successful ventures and new, transformative platforms.At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.#LI-JD2
Expected salary
Location
London
Job date
Fri, 29 Mar 2024 23:50:54 GMT
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