Crude Oil Senior Risk Analyst

Houston, TX 77002

Posted: 12/05/2024 Industry: Energy-Middle Office Job Number: 1818

Job Description

A large, prominent, competitive integrated energy company with an existing international physical crude and refined trading business is searching for a Crude Oil Senior Risk Analyst.  During the last few years, this company has built a U.S. presence in downtown Houston, focusing on an international, physical crude and refined products trading business. The current team in Houston is a tight-knit group of seasoned crude/refined products traders, trading analysts, schedulers, market, valuations, credit risk senior analysts/managers, and back-office analysts. This position supports its energy commodities trading desk primarily focused on crude oil, refined products, and LPG. 

Responsibilities include:
  • Analyzing and publishing the daily risk management exposure reports including position exposure, market risk, liquidity risk, Value-at-Risk (VaR), and stress testing for the North American and international crude, refined products, and LPG trading desks
  • Bringing transparency to deal structures and providing an independent view on trading strategies that identify and mitigate financial and operational risks
  • Ensuring compliance with risk policies and standards
  • Providing audit support, working capital analyses, and reconciliation with IFRS Accounting & Reporting standards.
  • Collaborating with commercial teams and other key internal stakeholders
  • Facilitating process improvement initiatives
 
Educational and professional requirements include a bachelor’s degree in Business, Finance, or a related field; 4+ years’ experience in a market risk, middle-office, product control, credit risk, or scheduling role focused on crude, refined products, or LPG energy trading; strong knowledge of the crude oil, refined products, or LPG products; superior understanding of commodity risk management for derivatives and its related trading cycle (VaR, Stop Loss, Stress Testing, Position Limits, etc.); advanced technology skills (Excel, SQL, ETRM, etc.); and experience with Microsoft Power BI, Python, or R is a plus.
 

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