Senior Risk Analyst required for Gas Trading desk – London recruitment
The successfully candidate will require significant experience of analysing risk within gas trading and gas storage.
The candidate will join a newly formed Risk Management team and be responsible for the development and maintenance of Risk modelling that precedes the development of the daily risk PNL. You will work closely with the analytics department in the development of industry-leading complex price forecasting models as well as being involved in ad hoc pricing projects for the origination team. As part of a broader market risk team you will work closely on a daily basis with other teams, including operations and trading.
Responsibilities:
- Research and maintain quantitative models of market and counterparty credit risk - including VaR, EPE, stress testing and economic capital - as part of the growing Risk function.
- Extensive analytical approach to pricing, modelling and analytics whilst providing guidance to front office
- Develop market risk models, through the utilization of VR and stress testing.
Candidate Requirements:
- Strong analytical skills and experience modelling gas trading/storage is required.
- The right candidate will have significant relevant experience in applying risk measurement techniques in an analytical role focussed on gas trading and will be qualified to degree level or equivalent - preferably in Mathematics, Statistics, Econometrics, Economics or Finance at MSc or PhD level.
- General Programming skills needed e.g. C++, VBA, Matlab etc.
- Excellent understanding of stochastic calculus, PDE modelling, binomial trees, etc.
- Experience of one or more of the following is an advantage but not essential: derivative pricing and products; financial risk management practices and procedures; numerical methods; Monte Carlo simulations; statistical hypotheses testing.
This is a great time to join a growing risk team and work alongside the brightest and best risk professionals in the industry, while bolstering your CV with a highly respected name.
For more information please email an update to j.clarke@bramwithconsulting.co.uk or call 0207 138 3400.