Market Risk (VP) US Power and Gas
Glencore
Glencore, headquartered in Baar, Switzerland is one of the world's leading integrated producers and marketers of commodities that industries around the world need. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of metals and minerals, energy products, and agricultural products. We strive to be a reliable and competitive partner in the markets in which we serve and to support our customers and suppliers at each stage of their expansion and development.
Glencore Ltd, a US-based branch of Glencore AG, is a wholly owned subsidiary of Glencore International AG, where it employees approximately 300 people.
Key Responsibilities
Education and Experience Requirements
Glencore Ltd, a US-based branch of Glencore AG, is a wholly owned subsidiary of Glencore International AG, where it employees approximately 300 people.
Key Responsibilities
- Risk identification, risk assessment and risk monitoring on the US Power and US Gas business
- Design and maintain risk reports to monitor some key identified risks and adapt the monitoring as the market dynamics change
- Own the coordination, implementation, evolution and communication of the risk reports
- Work collegially with the team and communicate effectively with the desk to understand the positioning of the desk and current market conditions
- Define and implement bespoke stress tests based on market conditions deterioration, specific risk quantification for communication and ventilation to the Senior Risk Management and Commercial teams
- Define and monitor predictive scenarios for portfolio risk to give a better intuition to management and desk on the positioning as market conditions evolve
- Coding in python, handling databases and leveraging on data visualization softwares (Tableau/PowerBI) for effective presentation of metrics daily in dashboards.
- To undertake assessments of a wide range of transactions, carrying out modeling and analysis as necessary
- To communicate results effectively with traders and senior management
Education and Experience Requirements
- Bachelor's Degree or above
- Experience in US Power and US Gas market risk
- Highly numerate, with good problem-solving and analytical skills
- High Coding skills, notably in Python, essential
- Good communication skills - must be able to understand others' perspectives and relate complex ideas to different groups, including senior management
- The ability to challenge proposals constructively to help ensure they are robust, whilst maintaining excellent working relationships
- Must be able to work collegially in a team, flexibly handling a wide range of potential issues
- Must be capable of working with significant autonomy and ensuring analysis is focused on delivering practical business benefits, often in tight deadlines
JOB SUMMARY
Market Risk (VP) US Power and Gas
Glencore
Houston
6 days ago
N/A
Full-time
Market Risk (VP) US Power and Gas