What’s the role?
Shell is looking for Crude Market Risk Analysts for its Houston office. The purpose of these roles 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. The roles will also identify, develop, and implement systems efficiencies and reporting capabilities for the risk books.
Risk identification model & portfolio assumptions and market inputs, pricing issues, valuation parameters, and instrument types for North American products
Assess the risks associated with structured deals and the valuation models used for physical/financial trading and hedging
Assist in limit setting & monitoring of NA products business
Develop tools for on-going portfolio reviews and produce “deep dive” analysis for senior management
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
Collaborate with IT and other staff to identify, develop and implement systems efficiencies and reporting capabilities for risk books
Manage user testing of systems functionality and enhancements while providing feedback to key stakeholders
Coordinates model inputs and valuation for physical assets and hedges
Identify and explain risks from non-linear aspects of portfolio
Provide subject matter expert ownership of Market Risk deliverables into business functional areas such as accounting, regulatory, tax, SARP, etc.
Work closely with colleagues from all parts of the risk management spectrum including a significant SBO (Finance Operations) component. The successful applicant will need to build strong working relationships and be adept at collaborating virtually to accomplish shared goals,
Demonstrate excellence in succinctly communicating complex risks to stakeholders
Ability to identify and articulate continuous incremental improvement areas, such as leading IT initiatives, system improvements, spreadsheet elimination, automation
Assist in realizing the benefits from the Blueprint Endur system implementation
Provide risk management expertise in complex areas and should be able to manage their own work with limited supervision
What we need from you
Must have legal authorization to work in the US on a full-time basis for anyone other than current employer.
Bachelor's Degree required. Degree in Finance Business, Economics, Mathematics or Engineering preferred.
Minimum of three (3) years relevant experience within a recognized trading and risk management organization. Experience within Oil and Gas industry preferred.
Strong understanding of trading, operations, risk and mid/back office business processes, policies, procedures and controls.
Advanced grasp of trading influences, deal structures and types, interpreting positions, P&L, mark 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.
Continuous improvement mindset, utilizing tools to streamline and automate desk.
San Francisco, CA