Quantitative Risk and Data Analyst

Description

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.

Key Responsibilities

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

Skills, Knowledge and Expertise

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

Benefits

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 Petroineos Trading Limited

Petroineos Trading Limited comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe’s leading International Integrated Energy Trading Companies.

Our highly experienced teams trade a comprehensive range of energy products, supported by a network of professional teams across the globe, enabling our customers to benefit from our ability to leverage our shareholders’ global network. Trading is carried out by three divisions: Crude, Refined Products, and Low Carbon Solutions.

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