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Crude Quant Risk Analyst
United State Of America
Mar 09, 2019
Salary: Negotiable
Experience 10.0-15.0 years
Job Category Management Jobs
Employment Type Full time
Industry Oil & Gas
Skill Risk Management
Role Other Manager Jobs
Designation Other
Education High School Diploma
No. of vacancies 1
About Company

Shell is a global group of energy and petrochemicals companies. With around 93,000 employees in more than 90 countries and territories, Shell helps to meet the world's growing demand for energy in economically, environmentally and socially responsible ways.

Job Description

Job Description

The purpose of this role is to manage risk identification: model & portfolio assumptions and market inputs, pricing issues, and drive understanding of the design and utilization of VaR, stress testing, and scenario analysis for the Shell US Trading and Supply crude business. This role will also identify, develop, and implement systems efficiencies, statistical analysis and reporting capabilities for the risk books, partnering with the other Crude team members to align best practices across the global business.

  • Risk identification: model & portfolio assumptions and market inputs, pricing issues, valuation parameters, and instrument types for the Shell US Trading and Supply crude business.
  • Provide review and comments on new and group business proposals as they relate to the Shell US Trading and Supply crude business.
  • Assess the risks associated with structured deals and the valuation models used for physical/financial trading and hedging, at times building out models to calibrate performance of such deals.
  • Assist in limit setting & monitoring of Shell US Trading and Supply crude business.
  • Develop tools for on-going portfolio reviews and produce "deep dive" analysis for senior management. These tools include but are not limited to statistical analysis, risk-reward metrics, advanced market risk modelling.
  • Drive understanding of the design and utilization of methodologies to assess risk/reward of the portfolio, including VaR back-testing / Stress Testing / Scenario Analysis / pricing for liquidity
  • Design and development of specific scenario and stress testing as it relates to discrete portfolios
  • Collaborate with IT and other staff to identify, develop and implement systems efficiencies and reporting capabilities for risk books
  • This role will provide risk management expertise in complex areas and should be able to manage their own work with limited supervision
  • Support and partner with Enterprise Risk Management.
  • Continue to foster and support the significant relationship with the Risk SBO team, linking the market risk component of this role to the product control function performed within the offshore team.

  • Must have legal authorization to work in the US on a full-time basis for anyone other than current employer.
  • Bachelor's degree in Business, Finance, Economics, Mathematics, Engineering or related field required. Candidate with post-graduate degree preferred.
  • At least ten (10) years relevant experience within a recognized trading and risk management organization.
  • Strong understanding of trading, operations, risk and mid/back office business processes, policies, procedures and controls - Expert level
  • Advanced grasp of trading influences, deal structures and types, interpreting positions, P&L, market to market, trading reporting regulations, financial and management reporting, position reporting, and financial analysis
  • Strong business analysis skills, modeling capabilities, research and problem solving skills, computer skills, technologically oriented
  • Capable of being independent from front office; able to objectively analyze and report risks and exposures
  • Team player, good interpersonal skills with the ability to challenge commercial team members
  • Reliable and dependable
  • Innovative and creative, excellent problem solving capabilities
  • Continuous improvement mindset, utilizing tools to streamline and automate desk
  • Introduce & implement industry best practices in commodity trading risk management.
  • Proficient in Matlab or Python (advanced to expert level)
  • Proficient in Excel (advanced to expert level)
  • Experience with Endur preferred

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