Currently we're investigating a bug where the answers are not recorded properly. If you encounter this bug, please email us at rfqjobs@gmail.com.
Senior Market Risk Operations Analyst
(more about Shell)
This job posting has been archived.
Unfortunately Shell has archived this job posting, they are no longer accepting applications.

Senior Market Risk Operations Analyst

The Role

What’s the role?

This role will work closely with the other risk teams across the Trading and Supply business including a significant Business Operations component, regular discussions with Market Risk, Valuation, Front Office, Finance and Back Office, and be a focal point for forward curve and pricing related queries from across the Shell group.

Key accountabilities and responsibilities of the role are:

  • Ensures Market Risk processes and controls are run accurately, reliably, and right first time.
  • Responsible for maintaining observable valuation inputs e.g., exchange prices, broker quotes, derivable volatilities, and correlations to risk calculations.
  • Understand physical spot price assessments and the construction of forward curves.
  • Collaborate with risk analysts and traders to come up with the best forward curves possible, and to implement them in the trading systems alongside the Business Operations team.
  • Be an end-to-end deal expert understanding risk at all parts during the life of a deal interacting with the functional experts to help identify and suggest remediation to those risks.
  • Implement Shell best practices in commodity trading risk management.
  • Ensure that Market Risk fulfils its role as an independent “check and balance” function and is viewed as such by other parts of the organization.
  • Regularly review assumptions and estimates in our valuation curves to ensure that they are suitable and up to date.
  • Manage user testing of systems functionality and enhancements while providing feedback to key stakeholders.
  • Must be a systems and data expert ensuring that knowledge around market risk reference data & forward curve construction is well documented for the benefit of the wider Market Risk team.
  • Ensure process excellence, identifying bottlenecks in Risk processes. Implementing error-checking as a natural part of all processes so output is ‘Right First Time’.
  • Support digitalization and automation to smooth the flow of information across the business and to remove manual tasks.
  • Map and document processes, clarify accountabilities, and simplify interfaces to allow the smooth running of the Risk organization.
  • Promote a culture of continuous improvement by having the courage to challenge established processes. This includes identifying inefficiencies in local and global operations and opportunities to streamline and automate shared processes and interfaces.
  • Works closely with individuals in all parts of the Risk Management organization including a significant Business Operations component. The incumbent is tasked with ensuring that the business that they cover is widely understood and that any changes to it or the supporting risk management framework are communicated properly to all stakeholders.

What we need from you?

  • Must have legal authorization to work in Brazil on a full-time basis.
  • Must be able to speak English.
  • Minimum of seven (7) years working experience required within a trading or risk management organization.
  • Bachelor’s Degree in Business, Economics, Mathematics, Science, or Engineering
  • Must have knowledge of financial, commodity and energy markets, derivative instruments, and hedging which could have been gained in a Market Risk, Product Control or Trade Control role.
  • Advanced Excel skills, such as pivot tables, lookups, VBA macros. SQL and Python an advantage, other coding languages can also be useful.
  • Experience with Endur, DEX or comparable energy trading risk management (ETRM) system.
  • This is a role for a person who brings diversity of thought, who is not afraid to speak up and who is comfortable challenging senior stakeholders.
  • Must have the ability to articulate and communicate complex scenarios and ideas in a clear and concise manner while understanding the perspective and experience of others. Ability to challenge sensitive issues constructively while maintaining working relationships.
  • Team player, good interpersonal skills. Flexible to work with colleagues across numerous time zones with both Market Risk at the Trading Hubs in the Americas, Europe and Asia, but equally the Business Operations center’s in Chennai, Manilla, and Bangalore.
  • Excellent communication skills - this role will require writing reports and policies and presenting analysis and insights to senior stakeholders. Due to the global nature of the business the role requires communicating using different methods, in a variety of formats, to people in many countries.
  • Reliable, dependable, and disciplined. Excellent attention to detail, methodical, organized. A trusted partner of the business
  • Resilient when working under pressure, with the ability to prioritize tasks to meet key deadlines.
  • Good judgement to provide advice, question discrepancies, escalate issues
  • Continuous improvement mindset: utilizing tools to streamline and automate work to boost efficiency
  • Scientific mindset: identify, investigate, analyze, research, discuss, record, and resolve issues
  • Learner mindset; innovative and creative, excellent problem-solving capabilities

Scam Warning

Shell does not request monetary payments (e.g. insurance policy, visa/work permit, HUET or HSSE training, special job offer, etc.) for employment. Individuals who are interested in opportunities within the Shell Group will find open positions listed on the company websites www.shell.com/careers when available.

Shell does not make use of employment forms; neither does the Company process CVs that have not been submitted through the proper websites: www.shell.com/careers. All successful applicants who receive an offer of employment from Shell would have been required to go through a formal and transparent recruitment process.

To learn more about Shell’s recruitment process please visit our website www.shell.com/careers.

Shell is an Equal Opportunity Employer. 

COMPANY DESCRIPTION

An innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential…

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
  • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorized Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.