Product Risk Analyst

JOB PURPOSE

We are looking for a responsible, motivated and eager candidate with a keen interest in commodity risk management to become part of the Metals Product Risk team in our Melrose office. The ideal candidate will be actively involved in team collaboration within the SA and Switzerland teams and will be motivated to advance their knowledge and skills in risk management and P&L position reporting.

PRIMARY TASKS & KEY RESPONSIBILITIES

Generate accurate and timely daily Profit and Loss (P&L) reports.

• This includes interpreting and providing detailed P&L attribution and commentary to explain key drivers and variances, providing insight to traders and management
• Produce daily position reports with breakdowns by strategy, region, and instrument.
• Deliver clear analysis and commentary on the key drivers of variances
• Collaborate with numerous teams across the division to ensure streamlined reporting and a collaborative environment. Eg:
• Product Risk in Switzerland to ensure daily reporting is accurate.
• Accounting team to reconcile month-end P&L.
• Traffic to ensure any misalignments are resolved in a timely manner.
• Preform any adhoc tasks assigned to you from time to time.

Commodity Trading & Risk Management System Oversight (CTRM)

• Collaborate with relevant functions to maintain data quality and integrity within the CTRM platform.
• Make use of CTRM platform daily to verify and analyse contract terms, market prices, futures and option valuations, P/Ls etc.
• Issue resolution: Act as a key contact for troubleshooting system issues, coordinating with relevant teams to resolve data and functional inconsistencies promptly. Liaise with IT and front office to support system enhancements, conduct UAT (User Acceptance Testing), and implement improvements to streamline workflows.

Project & Strategic Initiative Support

• Contribute to the automation and standardization of daily reporting processes.
• Cross-Desk Support: Participate in cross-training initiatives to build understanding across multiple metal trading desks.
• Assist in the execution of ad-hoc strategic projects and business initiatives, such as new commodity onboarding, regulatory compliance reviews, or risk framework enhancements.

KEY RELATIONSHIPS

• Baar Risk Managers
• Senior Risk Management team
• Traders

QUALIFICATIONS

• A relevant Bachelor's degree.
• Preference will be given to candidates with a Bachelor's or Honour's degree in Finance, Risk Management, Economics.
• A professional certification such as the CFA or FRM will be viewed favorably.

WORK EXPERIENCE & SKILL REQUIREMENTS

• 3 - 5 years of product risk/risk management/middle office/trade support/accounting experience in a commodity trading or financial institution.
• Working knowledge of multi asset trading systems and ERP integration.
• Advanced knowledge of MS Office tools, especially Excel.
• Advanced English language ability, both written and spoken.

COMPETENCIES

• Keen interest in commodity risk management, process automation, internal control, efficiency and improvement.
• Skilled at managing changing responsibilities, with an organized approach and a constructive mindset.
• Clear and impactful communication skills, both oral and written, that connect team members and different audiences alike.
• Strong problem solving and decision-making skills. Take initiative in resolving issues in a structured methodical manner.
• Ability to work independently as well as work well in a team environment.
• Have a deep sense of responsibility and ownership, required in a fast-moving environment. Excellent management of time and priorities are essential.
• High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines, is critical.