Product Risk Analyst

PRODUCT RISK ANALYST

JOB PURPOSE:

Joining a dynamic team, the successful incumbent will have the opportunity to gain insight into the risk department. The risk department is an independent function aiming to control front-line trading and ensure that the risk-reward of the trading books is properly understood by Glencore senior management and that the physical exposure of the business – e.g., oil cargoes, electricity generation, gas deliveries – is correctly valued. This position requires the individual to provide support and a clear, pro-active approach to communication to the London Risk Managers, Senior Risk Management, and traders.

PRIMARY TASKS & KEY RESPONSIBILITIES:

• Responsible for calculating and running daily risk reports, including the desk’s P&L.
• Assisting in the development of new and existing systems, processes, and reports.
• To communicate results effectively with traders and senior management.
• To proactively identify and communicate issues that may cause a surprise and ensure that reports or measurements present a reflection of this.
• To regularly engage in discussion with London Risk Managers and Senior Risk Management.
• Identify and present issues to the London teams, clearly and logically.
• Any other ad hoc duties that may be required from time to time.

KEY RELATIONSHIPS:

• London Risk Managers
• Senior Risk Management team
• Traders

QUALIFICATIONS:

• A relevant Bachelor’s degree.
• Preference will be given to candidates with a Bachelor’s or Honour’s degree in Finance, Risk Management, Economics, Computer Sciences, Engineering (Electrical, Mechanical, Chemical).

WORK EXPERIENCE & SKILL REQUIREMENTS:

• Working experience and exposure of 2-3 years in same or similar environment will be highly advantageous.
• Coding skills in VBA, Python, preferred.
• Strong Excel skills.
• Multi-tasking and excellent management of time and priorities is essential.
• Strong verbal and written communication skills that work effectively within team and different audiences at all levels.
• High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines.
• Pro-active, committed and highly motivated.
• Ability to work independently.
• Ability to work well in a team.
• Strong problem solving and decision-making skills.
• Ability to absorb and work under pressure.
• Good organization and co-ordination skills required.

How to Apply:

Please apply on the Careers Portal: https://www.glencore.com/careers/career-opportunities Applications Close: 20 November 2024

Who we are:

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment.