Senior Quantitative Analyst
BH-284159
Posted: 16/10/2024
- Competitive
- England South East London
- Permanent
-
Oil & Gas
Senior Quantitative Analyst – Energy Markets (Oil, Products, and Biofuels)
We are seeking a highly skilled Senior Quantitative Analyst with expertise in energy markets, particularly oil, products, and biofuels e bio-feedstock. The ideal candidate will have a strong background in market risk processes, trade control, and the full lifecycle of trading deals, as well as experience with data management, cloud platforms, and data transformation. You will work closely with Market Risk, Trade Control, IT and other risk teams to optimize daily processes, drive automation, and support data-driven risk analysis, scenario planning, and stress testing for new products and markets.
Key Responsibilities:
• Middle Office, Risk, and Data Management Optimization:
o Lead projects to enhance the performance of Middle Office functions, including
Market Risk, Trade Control, through process automation, data management
improvements, and enhanced reporting.
o Oversee the analysis of physical and financial positions to ensure they align with the
firm’s risk framework and leverage cloud data platforms to store and manage these
datasets effectively.
o Drive automation and improvement of risk management processes using cloud data
management tools and ensure seamless data integration across platforms.
o Leverage tools such as Databricks, Power BI, and Power Automate to automate
workflows, build dashboards, and improve reporting efficiency.
o Lead the development of data pipelines and cloud data architectures for risk and
trade control processes.
• Scenario & Stress Testing:
o Conduct stress testing and scenario analysis on both aggregated and strategy-specific
levels using cloud data platforms to model, process, and store stress test results.
o Apply data transformation techniques to clean and prepare data for various risk
metrics and performance analysis.
• Cross-functional IT & Risk Data Projects:
o Lead data-related projects within the Market Risk team, working across multiple
commodity classes to improve management information systems, data architecture,
and reporting capabilities.
o Collaborate with IT to develop and enhance Risk reporting activities within the
company’s Energy Trading Risk Management (ETRM) system and cloud data
platforms.
o Build and manage cloud data platforms to support market risk and trade control data
pipelines, leveraging advanced data architecture principles.
o Ensure best practices in cloud data management, data governance, and security
protocols are applied across the risk team for consistent data quality.
• Risk Reporting & Cloud Data Architecture:
o Prepare and review daily P&L and risk reports, ensuring the integration of cloud data
solutions for more efficient and accurate reporting processes.
o Maintain a thorough understanding of key risk metrics (e.g., VaR, Stress Testing,
Greeks) and implement data-driven improvements to these metrics using Power BI
for enhanced reporting and visualization.
o Design and maintain a scalable cloud data architecture to support large datasets
and complex analysis for Market Risk and Trade Control.
• Stakeholder Management & Collaboration:
o Collaborate with IT, Front Office, Back Office, Planning & Control, and Finance
teams to ensure alignment and integration of data and risk reporting processes.
o Interface with stakeholders to deliver timely and accurate data insights and risk
reports via automated platforms like Power Automate and Power BI.
o Lead data management efforts and act as a subject matter expert for cloud-based
solutions, data integration, and risk reporting automation.
• Team Development:
o Mentor team members and raise the profile of the team by promoting best practices
in data management, cloud platforms, and risk analytics.
o Drive innovation by adopting new technologies and optimizing cloud data platforms
to improve team performance.
Reporting Relationships:
This position reports to the Head of Market Risk Analytics and Projects and interacts with:
• Internal Teams: Risk functions, Front Office, Back Office, IT, Planning & Control,
Finance.
Candidate Specifications:
• Educational Background: University degree in a numerate discipline (e.g., computing,
economics, mathematics, pure sciences, finance, engineering).
• Technical Skills:
o Strong IT skills, with proficiency in Python, VBA, SQL required.
o Experience with cloud data platforms (e.g., Azure, AWS, Google Cloud),
Databricks, Power BI, and Power Automate.
o Familiarity with ETRM systems and data architecture principles.
• Risk Expertise: Solid understanding of market risk metrics (VaR, stress testing, scenario
analysis) and product control, with experience in data-driven risk management.
• Project Management: Proven track record of successfully leading IT and data-related
projects, especially within trading or risk management functions, with experience in
implementing cloud data management solutions.
• Data Transformation & Analysis: Expertise in data transformation, cloud data pipelines,
and dashboard creation for risk reporting and automation.
• Communication: Excellent verbal and written communication skills, with the ability to
present complex data and risk concepts to senior management and stakeholders clearly and
concisely.
• Problem Solving & Organization: Analytical mindset, attention to detail, and the ability to
work under tight deadlines.
• Collaboration & Leadership: Strong interpersonal skills, with the ability to build and
nurture effective relationships across the organization, mentor junior team members, and
drive team performance.
• Language Proficiency: Full command of the English language (spoken and written)
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.
We are seeking a highly skilled Senior Quantitative Analyst with expertise in energy markets, particularly oil, products, and biofuels e bio-feedstock. The ideal candidate will have a strong background in market risk processes, trade control, and the full lifecycle of trading deals, as well as experience with data management, cloud platforms, and data transformation. You will work closely with Market Risk, Trade Control, IT and other risk teams to optimize daily processes, drive automation, and support data-driven risk analysis, scenario planning, and stress testing for new products and markets.
Key Responsibilities:
• Middle Office, Risk, and Data Management Optimization:
o Lead projects to enhance the performance of Middle Office functions, including
Market Risk, Trade Control, through process automation, data management
improvements, and enhanced reporting.
o Oversee the analysis of physical and financial positions to ensure they align with the
firm’s risk framework and leverage cloud data platforms to store and manage these
datasets effectively.
o Drive automation and improvement of risk management processes using cloud data
management tools and ensure seamless data integration across platforms.
o Leverage tools such as Databricks, Power BI, and Power Automate to automate
workflows, build dashboards, and improve reporting efficiency.
o Lead the development of data pipelines and cloud data architectures for risk and
trade control processes.
• Scenario & Stress Testing:
o Conduct stress testing and scenario analysis on both aggregated and strategy-specific
levels using cloud data platforms to model, process, and store stress test results.
o Apply data transformation techniques to clean and prepare data for various risk
metrics and performance analysis.
• Cross-functional IT & Risk Data Projects:
o Lead data-related projects within the Market Risk team, working across multiple
commodity classes to improve management information systems, data architecture,
and reporting capabilities.
o Collaborate with IT to develop and enhance Risk reporting activities within the
company’s Energy Trading Risk Management (ETRM) system and cloud data
platforms.
o Build and manage cloud data platforms to support market risk and trade control data
pipelines, leveraging advanced data architecture principles.
o Ensure best practices in cloud data management, data governance, and security
protocols are applied across the risk team for consistent data quality.
• Risk Reporting & Cloud Data Architecture:
o Prepare and review daily P&L and risk reports, ensuring the integration of cloud data
solutions for more efficient and accurate reporting processes.
o Maintain a thorough understanding of key risk metrics (e.g., VaR, Stress Testing,
Greeks) and implement data-driven improvements to these metrics using Power BI
for enhanced reporting and visualization.
o Design and maintain a scalable cloud data architecture to support large datasets
and complex analysis for Market Risk and Trade Control.
• Stakeholder Management & Collaboration:
o Collaborate with IT, Front Office, Back Office, Planning & Control, and Finance
teams to ensure alignment and integration of data and risk reporting processes.
o Interface with stakeholders to deliver timely and accurate data insights and risk
reports via automated platforms like Power Automate and Power BI.
o Lead data management efforts and act as a subject matter expert for cloud-based
solutions, data integration, and risk reporting automation.
• Team Development:
o Mentor team members and raise the profile of the team by promoting best practices
in data management, cloud platforms, and risk analytics.
o Drive innovation by adopting new technologies and optimizing cloud data platforms
to improve team performance.
Reporting Relationships:
This position reports to the Head of Market Risk Analytics and Projects and interacts with:
• Internal Teams: Risk functions, Front Office, Back Office, IT, Planning & Control,
Finance.
Candidate Specifications:
• Educational Background: University degree in a numerate discipline (e.g., computing,
economics, mathematics, pure sciences, finance, engineering).
• Technical Skills:
o Strong IT skills, with proficiency in Python, VBA, SQL required.
o Experience with cloud data platforms (e.g., Azure, AWS, Google Cloud),
Databricks, Power BI, and Power Automate.
o Familiarity with ETRM systems and data architecture principles.
• Risk Expertise: Solid understanding of market risk metrics (VaR, stress testing, scenario
analysis) and product control, with experience in data-driven risk management.
• Project Management: Proven track record of successfully leading IT and data-related
projects, especially within trading or risk management functions, with experience in
implementing cloud data management solutions.
• Data Transformation & Analysis: Expertise in data transformation, cloud data pipelines,
and dashboard creation for risk reporting and automation.
• Communication: Excellent verbal and written communication skills, with the ability to
present complex data and risk concepts to senior management and stakeholders clearly and
concisely.
• Problem Solving & Organization: Analytical mindset, attention to detail, and the ability to
work under tight deadlines.
• Collaboration & Leadership: Strong interpersonal skills, with the ability to build and
nurture effective relationships across the organization, mentor junior team members, and
drive team performance.
• Language Proficiency: Full command of the English language (spoken and written)
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.