Professional Alternatives
Risk Control Analyst (Gas)
Professional Alternatives, Houston, Texas, United States, 77246
Gas Risk Control AnalystGlobal Risk ManagementHouston, TXReports to:
Risk Control Manager and Global Risk LeadershipSchedule:
Hybrid Work Schedule
Role Accountabilities:
Overall role is responsible for calculating profits and losses and managing trading risks, including:
risk identification
measurement
monitoring
disclosure across various energy commodity assets
Analyze, model, and report market risk for all trading activities.
Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals.
Analyze mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis.
Develop and maintain risk reporting/analytics to communicate position, P/L, and market risk to traders and management.
Coordinate and review deals and prices in the trading system, performing deal checks, price validation, curve updates, and data reconciliation.
Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure transaction integrity in the trading system.
Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for multi-products trading activities.
Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and suggest modeling/valuation enhancements.
Ensure compliance with internal trading limits.
Provide accurate and independent analysis, valuation, and reporting of risk positions and trading results.
Adhere to external regulatory compliance requirements.
Communicate effectively with Front Office, Operations, Back Office, and Finance teams on inputs and assumptions.
Work closely with Traders to quantify and explain sources of risk in their portfolios.
Contribute to the reporting of trading results and positions to Senior management.
Ensure best control practices, operational efficiency, and policy/limit compliance by working with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control.
Coordinate with Compliance to ensure compliance requirements are met.
Support, identify, and assist in implementing process improvements, including system testing, implementations, and desk-level processes.
Identify and communicate operational risks, defining risk mitigation measures and priorities.
Requirements and Qualifications:
Degree qualified in economics, finance, business, mathematics, or a quantitative discipline.
Comprehensive understanding of risk management methodologies and valuation models.
Proficiency in Power BI, Python, or other data management software like Alteryx.
Able to perform role functions with a high degree of accuracy and efficiency under set deadlines.
Able to work in a fast-paced trading environment.
Strong analytical and problem-solving skills.
High levels of flexibility regarding working hours.
Will NOT sponsor employment visas or those on time-limited visa status for this position.
The position requires close cooperation with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams.
Qualified inquiries:Primary contact:
stucker@proalt.comSecondary contact:
rreyna@proalt.com
#J-18808-Ljbffr
Risk Control Manager and Global Risk LeadershipSchedule:
Hybrid Work Schedule
Role Accountabilities:
Overall role is responsible for calculating profits and losses and managing trading risks, including:
risk identification
measurement
monitoring
disclosure across various energy commodity assets
Analyze, model, and report market risk for all trading activities.
Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals.
Analyze mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis.
Develop and maintain risk reporting/analytics to communicate position, P/L, and market risk to traders and management.
Coordinate and review deals and prices in the trading system, performing deal checks, price validation, curve updates, and data reconciliation.
Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure transaction integrity in the trading system.
Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for multi-products trading activities.
Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and suggest modeling/valuation enhancements.
Ensure compliance with internal trading limits.
Provide accurate and independent analysis, valuation, and reporting of risk positions and trading results.
Adhere to external regulatory compliance requirements.
Communicate effectively with Front Office, Operations, Back Office, and Finance teams on inputs and assumptions.
Work closely with Traders to quantify and explain sources of risk in their portfolios.
Contribute to the reporting of trading results and positions to Senior management.
Ensure best control practices, operational efficiency, and policy/limit compliance by working with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control.
Coordinate with Compliance to ensure compliance requirements are met.
Support, identify, and assist in implementing process improvements, including system testing, implementations, and desk-level processes.
Identify and communicate operational risks, defining risk mitigation measures and priorities.
Requirements and Qualifications:
Degree qualified in economics, finance, business, mathematics, or a quantitative discipline.
Comprehensive understanding of risk management methodologies and valuation models.
Proficiency in Power BI, Python, or other data management software like Alteryx.
Able to perform role functions with a high degree of accuracy and efficiency under set deadlines.
Able to work in a fast-paced trading environment.
Strong analytical and problem-solving skills.
High levels of flexibility regarding working hours.
Will NOT sponsor employment visas or those on time-limited visa status for this position.
The position requires close cooperation with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams.
Qualified inquiries:Primary contact:
stucker@proalt.comSecondary contact:
rreyna@proalt.com
#J-18808-Ljbffr