Risk Analyst

Get AI-powered advice on this job and more exclusive features.AB Commodities AG is a leading international commodities trading firm based in Monaco and with offices in London, Geneva, Calgary and Singapore.With a strong focus on physical commodities and derivatives, we leverage over decades of combined experience in the industry.Our management team has earned a stellar reputation.As our firm grows, we are expanding our risk management team to support the monitoring of daily trades, ensuring accurate trade confirmations, and managing market risk effectively.We are seeking a motivated and detail-oriented Risk Analyst with a deep understanding of commodities, specifically in oil and energy markets, who will be responsible for the day-to-day monitoring of risk, managing trade confirms, calculating Value at Risk (VaR), and ensuring compliance with internal risk limits.Key ResponsibilitiesDaily Trade Monitoring : oversee all daily trades executed by the trading desks, with a focus on oil products and derivatives; ensure trades are accurately captured, logged, and monitored in real time; verify compliance with firm risk appetite; review and confirm trade tickets; manage and reconcile daily trade confirms across multiple products and regions; collaborate with back-office operations to ensure timely settlement of physical and financial transactions.Risk Calculations and Reporting : calculate and report VaR across all relevant portfolios; monitor open positions, market exposures, and assess risk of portfolios in oil and oil-related derivatives; implement and monitor limits on exposure, margin, and other key risk factors; prepare daily risk reports, including positions report, hedge reports, P&L, limit utilisation, etc.; elevate any limit breaches or risk issues to senior management with detailed analysis and recommendations.Monthly & Quarterly Reporting : assist in the preparation of monthly and quarterly risk management reports for internal and external stakeholders.Compliance & Regulatory Monitoring : ensure compliance with internal controls, policies, and external regulations regarding commodities trading and derivatives.Support the CRO :assist the Chief Risk Officer in refining and implementing the firm's risk management framework; provide analytical support in the development of new risk metrics, limits, and procedures; collaborate on ad-hoc risk projects such as stress testing, scenario analysis, and VaR enhancements.QualificationsExperience : 2-4+ years of risk management experience within a commodities trading firm, investment bank, or similar environment, with a focus on oil or energy products; strong knowledge of derivatives (futures, options, swaps) and physical oil trading; experience in managing VaR calculations and daily risk reports; familiarity with trade confirmations and reconciliation processes.Technical Skills : strong analytical skills with experience in calculating and interpreting VaR and other risk metrics; advanced proficiency in Excel and other data analysis tools; programming skills (e.g., Python, VBA) are a plus.Personal Attributes : high attention to detail and accuracy; excellent communication skills, with the ability to explain complex risk concepts to non-risk personnel; proactive approach to risk management, with a focus on continuous improvement and process optimization; strong problem-solving abilities.Educational Background : bachelor's degree in Finance, Economics, Mathematics, or a related field; master's degree or professional certifications (FRM, CFA, etc.) would be an advantage.Why Join Us?At our firm, you will have the opportunity to work at the forefront of commodities trading, with exposure to both physical and derivative markets.As a key player in the risk management team, you will directly contribute to the firm's growth and success while working in a dynamic and fast-paced environment.We offer competitive compensation packages, opportunities for career growth, and a chance to work with some of the brightest minds in the industry.If interested, please send your CV and Cover letter to#J-*****-Ljbffr