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Senior Risk Analyst

Employer
Employment Solutions
Location
Melrose Arch Melrose North Johannesburg, South Africa
Salary
Competitive
Closing date
Sep 13, 2024
View more categoriesView less categories
Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Duties & Responsibilities
The Risk Department within our organization operates independently to oversee front-line trading activities. It plays a crucial role in ensuring that senior management understands the risk-reward dynamics of our trading portfolios and accurately values physical exposures such as oil cargoes, electricity generation, and gas deliveries.

In this role, you will manage a local team of Junior Risk Managers while actively engaging in risk management duties yourself. Effective communication with London-based Risk Managers, Senior Risk Management, and traders is essential.

Primary Tasks & Key Responsibilities:


  • Direct management of a team of 3-5 Junior Risk Managers.

  • Oversight of risk management responsibilities, including:

    • Ensuring accurate and timely recording of physical and derivatives trades in reporting systems.

    • Daily calculation and reporting of risk metrics and profit/loss (P&L).

    • Contribution to the development of new systems, processes, and reports.

    • Effective communication of results to traders and senior management.



  • Proactive identification and communication of issues, ensuring reports reflect accurate risk assessments.

  • Fulfillment of other ad hoc duties as required.



Desired Experience & Qualification
Qualifications:


  • Educated to degree level, preferably in economics/finance.



Work Experience & Skill Requirements:


  • 3-7 years of experience in accounting, financial services, or commodities trading.

  • Preferable experience in commodities trading, particularly in oil and/or gas.

  • Proficiency in coding languages such as VBA or Python is advantageous.

  • Experience in team management with the ability to mentor junior team members.

  • Strong numeracy, problem-solving, and analytical skills.

  • Excellent communication skills with the ability to convey complex ideas to diverse audiences, including senior management.

  • Capability to constructively challenge proposals to ensure robustness while maintaining effective working relationships.

  • Ability to work collaboratively in a team environment and handle a variety of challenges with flexibility.

  • Capability to work autonomously and deliver practical business insights within tight deadlines.



If you have not heard from us within 2 weeks, we regret you have been unsuccessful.

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