Risk Analyst

Risk Analyst

PetroChina International (America), Inc.

Houston, Texas, United States (On-site)

Position Summary:

This role will manage the daily preparation, monitoring and analysis of risk management reporting for the Crude Oil desk.

Key Responsibilities:

Risk Control

- Manage the daily preparation, monitoring, and analysis of risk management reporting; this includes, but is not limited to: daily trade reporting, open position, mark-to-market, and price reporting

- Review, analyze, interpret and provide daily exposure and mark to market P&L reporting and verification

- Manage forward curve upload process

- Create/develop reports/logical data models for improved/enhanced reporting

- Articulate factors driving day-to-day P&L changes

- Work closely with Traders to quantify and explain the sources of risk in their portfolios

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

- Work closely with Accounting team to provide month-end reconciliation between Risk vs Accounting P/L numbers

- Support the implementation of in-house ETRM system in particular the MTM/P&L module

- Become go-to person for traders, originators, accounting staff, and management to answer questions about portfolio positions, changes, and risk factors

Trade Compliance

- Monitor risk limits, and ensure delegation-of-authorities are in compliance

- Monitor and track trade volumes against transactional risk limits

- Where necessary, advise stakeholders on approved trading products and locations

- Coordinate with Compliance Director to ensure compliance requirements are met

Qualifications:

- Bachelor's degree required, economics/finance/business/mathematics or quantitative discipline preferred

- Minimum 3 years of Risk experience preferred,

- Understanding of refined product and crude markets and trading storage and transportation beneficial

- Refined Products, Renewables experience a plus

- Understanding of energy commodity price decomposition (fixed, basis, index)

- Risk report creation/development (Excel-based) and working knowledge of deal capture/ETRM systems

- Proficient Excel skills (VBA, SQL, Python, R a plus)

- Attention to detail with the ability to provide accurate and timely work product

- Ability to prioritize and manage multiple assignments with competing deadlines

- Responsive to requests and e-mails

- Strong analytical and problem solving skills

- High levels of flexibility with regard working hours

- Good interpersonal skills

- The Company reserves the right, in its sole discretion, to modify this job description and any of the responsibilities included herein at any time, for any reason, with or without advance notice.