Market Risk Analyst
PermanentJob Overview
Greenergy delivers safe, efficient and reliable fuel solutions to customers across road, aviation and marine sectors. As an international transportation fuel supplier, we combine traditional and renewable energy solutions to support our customers through the energy transition.
Commitment to innovation and a drive to do things differently have seen Greenergy grow from a bedroom start-up to supply transport fuels in the UK, Ireland and Canada, as well as being a leading European manufacturer of waste-based renewables.
We are looking for a highly analytical and detail-oriented Market Risk Analyst with prior experience in physical oil or refined products to support Greenergy’s trading activities. This is an excellent opportunity for someone who thrives in a fast-paced, data-rich environment and is looking to apply their market knowledge and technical capabilities to a critical control function. The successful candidate will play a key role in producing transparent risk and P&L reporting, validating commercial assumptions, and supporting cross-functional initiatives that enhance risk visibility and trading discipline across the business.
Key Responsibilities
Reporting to the Market Risk Manager your main responsibilities will include:
- Using initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business
- Producing daily position reports which transparently summarise all market risk exposures arising from the business’s trading and hedging activities
- Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary
- Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports
- Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts
- Collaborating with Business Analysts to drive the development and implementation of the TriplePoint ETRM system
General:
- Role model the Greenergy values
- Ad hoc tasks as required to support the Risk team and the wider business
Skills, Knowledge and Expertise
Essential:
- Previous physical oil/products market risk experience
- Proficiency in using MS Excel to an advanced level
- Meticulous approach with excellent analytical skills
- Strong communication skills, reliable and co-operative team member
- Commitment to getting the job done and deliver objectives
- Entrepreneurially minded with an enthusiastic approach to develop the role and drive change
- Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported
Desirable:
- Experience of working with an Energy Trading and Risk Management (ETRM) system (preferably Triple Point CXL)
- Accounting qualification