Risk and Market Analyst

Trafigura

Montevideo
Permanente
Tiempo completo

Hace 1 mes

Main Purpose: Risk and Market analysis of trading profit and loss/ exposure that is used as a key management control for all international/domestic non-ferrous/bulk/proprietary derivative trading strategies. Production/management of all daily reports to support this function including delta changes, market structure, deal economics, price exposure, hedge requirements and ad hoc management reporting.Knowledge Skills and Abilities, Key Responsibilities:Knowledge and Skills:

Excellent communications
Knowledge of metals and minerals transactional instruments (nice to have)
In depth knowledge of logistics and deal economics relating to metals and minerals transactions (is a plus)
Market and position analysis skills
Experience in position, exposure and commercial PnL reporting
Advanced Excel
Report writing skills
Ability to use multiple systems at once
Strong work ethic and organizational skills.

Key Responsibilities:Various platforms provide the core structure of our data capture for reporting purposes. Management of the data integrity in our system is essential as it provides all the base information in our PnL and exposure analysis. A strong understanding of physical deal economics and the key components are essential (Freight, Demurrage, Finance, hedging, pricing) as one core responsibility is to correctly set up inception profit and loss (PnL). Once inception PnL has been established and agreed with the commercial team. From this point onwards the daily changes in PnL and exposure due to underlying market conditions, economics, basis risk and mark to market values are then assessed and a daily commentary of variances produced. Production of the forward curve to mark to market positions is also a key element to the reporting, which implies candidates must have a strong understanding of market fundamentals, trends and structures in the markets they monitor. Other key duties include ensuring all basis risk and volumetric positions are correct and appropriate hedge and pricing actions are taken to mitigate the company’s risk, and then ensuring all executions are correctly allocated within trading system.
Reconciliation of all estimates used in PnL to the final invoice value ensures our trading PnL is deemed to be finalized and correctly in line with our statutory requirements. This information is then used to drive the trade ledgers in the statutory accounts. The role also carries a large emphasis on the continual review and upgrade to processes and system to increase the accuracy and timeliness of our reporting.
Although a wide variety of skills are required to be able to complete the full role to the highest level, various elements of the core activities can be molded into a role that will ensure that a candidate will be exposed to every facet of physical metals/bulk trading and gain the required knowledge to successfully advance to higher levels of responsibility. The role actively encourages candidates to gain experience of the various business functions and departments and based on this knowledge intuitively assess circumstantial changes and the effect this will have to the trading PnL and therefore develop a deep knowledge of the industry.Key Relationships and Department Overview:This job posting includes the candidates registered in the National Registry of Persons with Disabilities, who meet the conditions and suitability for the position described in accordance with the provisions of Law Number 19.691

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