Market Risk Analyst

Location Spain
Discipline: Commodities
Job type: Permanent
Contact name: Ben Wilson

Contact email: ben.wilson@venturesearch.com
Job ref: 2930
Published: 4 days ago

Key Responsibilities:

  • Market Risk Monitoring & Analysis:

  • Continuously monitor global oil market trends, including crude oil prices, supply-demand forecasts, OPEC decisions, geopolitical risks, and macroeconomic indicators that impact oil prices.
  • Analyze price movements, volatility, and correlations across global oil markets (WTI, Brent, etc.) and related financial instruments (futures, options, swaps).
  • Evaluate market risks, identify emerging trends, and provide actionable insights to traders and senior management.

  • Risk Measurement & Reporting:

  • Develop and maintain risk models, including Value at Risk (VaR), stress testing, sensitivity analysis, and scenario planning to quantify market risk exposure.
  • Prepare and present regular market risk reports, highlighting key risk exposures, potential impacts on the trading portfolio, and risk mitigation strategies.
  • Assist in the daily risk reporting process and ensure accurate and timely dissemination of risk metrics to key stakeholders.

  • Trading Portfolio & Exposure Management:

  • Work closely with traders to assess the risk profile of oil trading positions, both physical and financial, across different time horizons.
  • Monitor hedging strategies and ensure that proper risk mitigation techniques, such as derivatives and futures, are in place to protect against adverse market movements.
  • Assess the effectiveness of existing risk management strategies and recommend improvements where appropriate.

  • Regulatory Compliance & Risk Governance:

  • Stay up to date with regulations affecting the oil and energy markets, such as Dodd-Frank, MiFID II, and other relevant market rules, and ensure the firm’s risk management practices comply with these requirements.
  • Assist with internal audits and regulatory reporting as required.

  • Data Analysis & Modeling:

  • Leverage advanced analytics, financial models, and market data to provide risk insights, including identifying risk concentrations and potential stress points in the trading book.
  • Utilize tools such as Excel, Python, and other financial software to manage, analyze, and visualize large sets of market data.

  • Collaboration & Stakeholder Management:

  • Work closely with trading desks, risk managers, compliance officers, and senior leadership to ensure that risk management practices are aligned with company goals and regulatory requirements.
  • Contribute to the development of risk policies and procedures to strengthen the firm’s risk management framework.