A key Optimus client is seeking a Risk Analyst or Risk Manager (from Senior Analyst to Manager level) to take on leadership responsibilities while managing hands-on risk for crude trading. As the team lead for 3 junior risk analysts, you will be responsible for mentoring and guiding the team while overseeing day-to-day risk activities.
Key Responsibilities
Manage and mentor a team of 3 junior risk analysts; provide training and career development opportunities.
Oversee the calculation and reporting of daily P&L, exposure, VAR, and drawdown for crude and refined oil trading portfolios.
Reconcile broker/clearer invoices and deal confirmations, ensuring data integrity in risk models and systems.
Collaborate with traders and management to provide risk analysis, including hedging strategies, physical pricing, and market interpretation.
Oversee the development and implementation of risk management models and processes for crude and refined products.
Analyze market positions, using advanced modeling techniques to calculate Value-at-Risk (VAR) and other risk metrics.
Participate in the strategic development of the risk management function, contributing to the company's overall growth and goals.
Key Qualifications
Minimum of 5 years' experience in a middle office or risk management role in the energy trading sector, with a focus on crude and refined oil markets.
Proven experience in risk management, including calculating P&L, exposure, and VAR for large trading portfolios.
Expertise in physical pricing strategies, hedging mechanisms, and refinery economics (e.g., crack spreads, time spreads).
Strong knowledge of US domestic oil markets, with a focus on crude and refined products.
Experience in speculative trading, physical delivery, and futures contracts.
Advanced proficiency in MS Excel, VBA, and SQL for data analysis and reporting.
Experience with ETRM systems, preferably in energy trading environments.
If you are ready to take on this leadership role in a growing trading company apply today!
Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US . We are unable to provide visa sponsorship at this time.