Job Detail

Job Description

The job holder will work in the Global Risk Control department, under the supervision of Middle Office supervisor, and will seek to measure, analyse and monitor the P&L, exposure and the value at risk of the trading desks.
The position has a specific focus on developing new tools using data science latest developments to help middle office monitor risks and value of the trading portfolio.
The position is based in Geneva and include oversight of both European and global energy markets.

As part of the Global Risk Control Organisation, activities involve contributing to any Risk Control process of the entities covered by the Global team:
 

• Analyse, model and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange, deals. Analyse mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytical tools to communicate position, P/L and market risk to traders and management.


• Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.


• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for Total Gas & Power’s multiproduct trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modelling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, Back office and Finance team on inputs and assumptions.


• Work closely with Traders to quantify and explain the sources of risk in their portfolios. Promote innovative ways of leveraging existing data monitor and manage their risks.


• Contribute to the reporting of Trading Result/ Position to senior management.


• Work closely with Back Office, Finance, Credit, Legal & Compliance, Front Office to improve the flow of data across department and the accuracy of analysis.


• Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.


• Identify and communicate operational risk, define risk mitigating measures and priorities. The job holder will work in the Global Risk Control department, under the supervision of Middle Office supervisor, and will seek to measure, analyse and monitor the P&L, exposure and the value at risk of the trading desks. The position has a specific focus on developing new tools using data science latest developments to help middle office monitor risks and value of the trading portfolio. The position is based in Geneva and include oversight of both European and global energy markets.


• Compliance with internal trading limits.


• Accurate and independent analysis, valuation, and reporting of risk positions and trading results.


• External regulatory compliance.