Quantitative Risk and Data Analyst
The Quantitative Risk and Data Analyst will play a key role in the day-to-day functioning of the Commercial Risk team, with scope to work on exciting projects, including the development of new quantitative models to support the implementation of trading strategies, with a focus on Gas and Power.
- Risk reporting – daily/weekly/monthly reporting of risk the business carries, develop holistic Risk reporting for department, e.g. VAR suite, Stress testing, consolidated exposure/risk reports.
- Actively run and support daily VAR process.
- Development of quantitative models for the evaluation of complex structured deals, support originators/traders in the development and implementation of trading strategies incorporating such models.
- Development and validation of quantitative models for use in transaction valuation and risk measurement within the Commercial Risk.
- Risk data management - Ensure data in Risk systems are accurate, complete and accessible
- Risk Platform/System development: improve processes, systems and reporting from internal systems for Risk needs. Develop and support operationalisation of latest market technology.
- Price Analysis - time series analysis of prices/volatilities/correlations, support annual Audit review of company price and valuation data.
- Data handling - Provide data extract and manipulation for Risk Team and stakeholders
- Develop collaborative relationship with key stakeholders across functions
- Degree level education in a numerate subject, preferably in Economics, Engineering, IT, Science or Mathematics
- Database (SQL) / coding / system knowledge and experience
- Commodities/Derivatives experience in a similar trading organization
- Minimum 4-5 years’ experience preferred
- Proven quantitative and programmatic skills
- Database (SQL) / coding / system knowledge
- A strong grasp of mathematics is a must with strong analytical skills
- Proven track record of developing and applying quantitative models to complex gas and/or power deals (e.g. gas storages, virtual power plants)
- Ability to think logically and problem solve is key
- Interest in commodities, traded markets and/or energy transition important
- Be a self-starter as well as a team player
- Willingness and ability to work and deliver on timelines
- Be diligent and dedicated to manage ad-hoc analysis and projects in a timely manner
This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package, including Private Medical, Dental and Travel Insurance cover, Life Assurance, Annual Gym Allowance, Contributory Pension Scheme, 25 days annual leave, Discretionary Bonus, and more. This is a full-time position, with the successful candidate being required to attend the London office 4 days per week.
About the Company
Welcome to PetroChina and Petroineos Trading Limited. We are an integrated refining and energy trading company. Here creativity, enthusiasm, and a rich tradition of excellence unite to invigorate and drive a globally diversified clean energy supply system. If you're looking for a rewarding career that truly makes a difference, you've found the right place!