senior market risk analyst
Jul 6, 2026 · Motor Oil
About the job
We are seeking a Senior Market Risk Analyst to lead the design and implementation of the market risk framework supporting the P&L and risk profile of our physical and derivative trading activities. In this role, you will develop P&L attribution and exposure models, enhance risk transparency for Senior Management, and oversee daily market risk monitoring and reporting.
During your day you will:
Design and build the models required for accurate P&L and exposure mapping across the company portfolio (oil products trading / refinery positions).
Assist the Risk Data analysts in the configuration of the ETRM system to ensure it correctly reflects complex commercial and refining exposures.
Support the development and implementation of formal policies and ensure all trading activities remain within established limits.
Lead the production of regular P&L and risk reports (with appropriate explanations / commentary) that provide transparency and actionable insights to Senior Management.
Collaborate with trading teams to understand commercial positions and potential risks, while providing the necessary challenge to strategies and commercial decisions.
What you need to stand out:
Bachelor’s degree in Engineering, Mathematics, Finance or other quantitative discipline.
Postgraduate qualification (Master's degree or equivalent) in a relevant field is considered an advantage.
At least 5 years of experience in Market Risk or Product Control within an oil trading, refining, or integrated trading and refining environment.
Strong understanding of physical oil trading, refinery economics, refining margins, and oil derivatives (futures, swaps, options).
Experience supporting the design and implementation of risk policies, limits and monitoring frameworks.
Proficiency in ETRM systems (Amphora Symphony preferred), including the representation and monitoring of complex physical and derivative exposures.
Strong quantitative and analytical skills, including advanced Excel modelling. Experience developing analytical tools and automating risk processes using VBA, Python, SQL, or similar technologies is highly desirable.
Excellent written and verbal English communication skills.
