What you'll do
- Rationalise economics of trading strategies and shipping exposure
- Apply forward curve daily to physical and derivative markets positions
- Produce daily commentary explaining trading P&L changes
- Analyse exposure and mark-to-market profit and loss on portfolios
- Allocate transactions to accurate trading strategies
- Ensure market price risk is captured and hedge actions implemented
- Assess changes to future physical deliveries and impact on hedge strategy
- Create and maintain reports on position reporting, structure, and hedging
- Ensure integrity of data in trading systems
Key requirements
- 1+ years' experience
- Risk Assessment and Market Analysis skills
- Proficiency in Excel
- Fluent English communication
- Strong Interpersonal Skills
- Multisystem Familiarity
- Analytical Thinking and Innovation
- Time Management
- Shipping / Business / Economicspreferred
Benefits
- Not specified.
About the job
As a Freight Risk and Market Analyst, based in Athens, you will be part of the Shipping Deals Desk, our middle office team providing market and risk analysis globally on a real time basis. The team’s primary responsibilities revolve around monitoring all elements of risk and exposure related to commercial activity and report it directly to the Management Board daily.
Commercially, the team contributes by providing to chartering team with risk assessments and analysis which highlight their exposure, optionality and P&L. These reports are essential to help them make the right commercial decisions and optimize the opportunities their portfolios generate.
Key responsibilities
Independently rationalise the economics applied to various trading strategies and shipping exposure.
Apply forward curve on daily basis for physical and derivative markets to current position and to analyze the impact on the trading P&L.
Produce daily commentary for board of directors / traders to explain the change in the trading P&L due to market variations or changes in estimated/actual economics for each deal.
Analyse exposure and M2M profit and loss on physical/derivative portfolios.
Allocate all physical and derivative transactions to accurate trading strategy.
Ensure all market price risk is captured and hedge actions implemented.
Assess implication of changes to future physical deliveries and report and discuss impact of hedge strategy.
Creation and maintenance of ad-hoc reports to assist in any area of position reporting/structure/hedging (data integrity/trade entry/irregular business structures).
Full responsibility for integrity of data in trading systems that is used to generate the above items of hedge strategy.
Required qualifications
1-5 years relevant work experience
Degree or equivalent experience in Shipping, Business, or Economics
Proficient in Excel
Excellent English oral and written
Ability to work in a fast-paced environment
Good market analysis skills
Strong interpersonal skills
Should be meticulous and innovative
Familiarity with using multiple systems is a plus
Preferred qualifications
Familiarity with using multiple systems is a plus
Attributes for success
Ownership: Takes responsibility for accuracy and timely resolution of issues and deadlines.
Attention to Detail: Demonstrates diligence and solid understand of receivables, challenge the results of what has been produced prior to distributing it.
Challenge: Thrives to improve processes and procedures to maximize efficiency.
Organizational Skills: Manages multiple priorities while maintaining data integrity.
Resilience: Thrives in a fast-paced, high-pressure environment with competing priorities.
About the company
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs over 13,000 people, of which over 1,400 are shareholders and is active in over 150 countries.
About the company
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs over 13,000 people, of which over 1,400 are shareholders and is active in over 150 countries.