Oil Risk and Market Analyst

Oil Risk and Market Analyst (Regional Office) Trafigura Main Purpose Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world. The trading business is supported by industrial and financial assets, including 49.6 percent owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50 percent owned DT Group which specialises in logistics and trading; and Galena Asset Management. A career at Trafigura offers a gateway to working on some of the most exciting challenges of a constantly evolving world - from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and fields to help craft our business and the wider world. We know the importance and value of diversity in our company, and we invest in attracting, developing and retaining talent from all backgrounds. Reporting Responsibilities Risk analysis of trading profit and loss/exposure that is used as a key management control for all international/domestic oil trading strategies. Production/management of all daily reports to support this function including delta changes, deal economics, price exposure, hedge requirements and ad hoc management reporting. Knowledge and Skills Excellent interpersonal skills Strong numerical skills Teamwork Intermediate or Advanced Excel knowledge Ability to work under pressure Report writing skills Ability to use multiple systems at once Strong work ethic and organizational skills Knowledge of physical, derivatives, and underlying transactional instruments (preferred but not a must) Experience in position, exposure and commercial PnL reporting (plus) Key Responsibilities Manage data integrity in the system to ensure accurate P&L and exposure analysis. Understand physical deal economics and set up inception profit and loss (PnL). Assess daily changes in PnL and exposure due to market conditions, economics, basis risk and mark to market values, and produce daily commentary of variances. Ensure basis risk and volumetric positions are correct and appropriate hedge and pricing actions are taken to mitigate company risk. Ensure all executions are correctly allocated within the trading system. Reconcile all estimates used in PnL to the final invoice value to finalize trading PnL and drive trade ledgers in statutory accounts. Continuously review and upgrade processes and systems to improve accuracy and timeliness of reporting. Key Relationships The role will work with local and regional Trading, Operations, Finance, Accounting, Contracts, FX and Invoicing teams, as well as Deals Desk Global Teams and Management. Trafigura’s Deals Desk department is responsible for the Group’s Trading PnL Reporting and Hedging requirements of both physical and paper positions. It acts as an independent control department analyzing risk from new or current business activities, calculating, analysing and reporting positions and exposures. It operates in partnership with front, mid and back‑office functions to ensure reports and actions are accurate and representative of the dynamic business. The Head of Deals Desk reports directly to the Group’s Chief Operating Officer. Equal Opportunity Employer We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status. #J-18808-Ljbffr