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Risk Control Analyst
Company logo (non-clickable)
Total Energies
14 days ago
Posted date
14 days ago
Mid-levelMinimum level
Mid-level
OtherJob category
Other
Candidate Profile

Are you someone with the following:

  • Degree qualified in economics/ finance /business /mathematics or quantitative discipline.

  • Comprehensive understanding of risk management methodologies and valuation models

  • Power BI, Python, or other data management software like Alteryx.

  • High degree of accuracy and efficiency under set deadlines.

  • Strong analytical and problem solving skills.

  • High levels of flexibility with regard to working hours.

  • Good interpersonal skills.

*TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

Activities

As part of the Global Risk Control Organization, activities involve contributing to any Risk Control process of the entities covered by the Global team. Your missions as a Risk Control Analyst include:

  • Analyze, model, and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, park and loan, and foreign exchange deals. Analyze mark-to-market valuations, risk positions, basis changes, and P/L results on a daily basis. Develop and maintain risk reporting/analytics to communicate position, P/L and market risk to traders and management.

  • Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.

  • Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGPNA's multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, back office and Finance team on inputs and assumptions.

  • Work closely with Traders to quantify and explain the sources of risk in their portfolios.
  • Contribute to the reporting of Trading Result/ Position to Senior management.

  • Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency and policy/limit compliance.
  • Coordinate with Compliance to ensure compliance requirements are met.

  • Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
  • Identify and communicate operational risk, define risk mitigating measures and priorities.

DIMENSIONS:

The jobholder will work in the Global Risk Control department, under the supervision of Middle Office Manager in Houston, and will seek to measure, analyze and monitor the P&L, Exposure and the Value At Risk of the Power Trading Desks.

The position is based in Houston and includes oversight of both global and US energy markets.

Context & Environment

Fast-paced, dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analyses and generation of reports.

The Risk Control Analyst is part of the Global Risk Control team involving Houston, London, and Singapore.

The Risk Control Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams. The team works across locations and product types including Natural gas, NGL, LNG, Power and Dry bulk products.

The Middle Office is responsible for calculating profits and losses and for managing the risks of the trading department. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets.

The Top Management of Gas branch follows and controls the trading activity through the Middle Office reports.

PURPOSES:

  • Compliance with internal trading limits

  • Accurate and independent analysis, valuation, and reporting of risk positions and trading results

  • External regulatory compliance

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.

All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.

Apply

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At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture :
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.
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JOB SUMMARY
Risk Control Analyst
Company logo (non-clickable)
Total Energies
Coffeyville
14 days ago
Mid-level
Full-time