Market Risk Strategist

hace 3 días


Madrid, Madrid, España CEPSA TRADING, S.A.U A tiempo completo
CEPSA TRADING, S.A.U.
The estimated salary for this role is approximately €120,000 per year.

About the Business
We are embarking on a transformative strategy agenda called 'Positive Motion', focusing on greening our revenue streams. In this context, Trading competencies play a crucial role in optimizing value from both legacy hydrocarbons and future molecule flows. Our objective is to maximize value by growing and leveraging our platform. We are seeking top talent to join the Middle Office Risk Management Team, which is involved in analyzing, managing, and preventing risks associated with CEPSA Trading activities based on a deep understanding of the business, processes, and implemented procedures.

The Responsibilities We Will Trust You With
You will lead a team of Quantitative Market Risk analysts providing technical and modeling support to Trading and other Business Units within the Cepsa Group. Your responsibilities will include ensuring accurate monitoring of market, credit, and operational risk at a consolidated level, developing credit models and market risk metrics (such as Value-at-Risk) for all Trading activities, evolving Market/Credit Risk Models and Metrics, and defining and enhancing various Credit Risk Models and Metrics. Additionally, you will coordinate the support and execution of a global platform to publish Trading P&L, Market & Credit exposure, VaR by desk, and produce a consolidated view for senior management reporting. You will ensure compliance with Market Risk limits for all Trading and other BUs and monitor and coordinate efforts and methodologies to measure hedging effectiveness for different hedging programs within the group. Furthermore, you will spearhead the development of Market & Credit Risk-specific software and tools for trading and other BUs, support the Front Office in implementing optimal Market/Credit Risk management solutions for each trade, oversee the maintenance and operation of the Price and Market Data Repository for the entire group, and lead the Operational Risk area to drive operational excellence within trading activity.

What Are We Looking For?
We are looking for someone who is motivated and achieves results, has good interpersonal skills, and thrives in fast-paced environments. Ideally, you should have 7 years' experience in mid-office commodity trading organization or on a commodity trading team, a numerate-background bachelor's degree, e.g., Math, Physics, Engineering or similar, and be able to confidently engage with stakeholders, effectively challenging traders on deals, valuations, positions, and limit mandates. You should also be able to coach and mentor team members as well as members of other teams who require knowledge or skills that Risk can provide, and have fluency in English and Spanish.

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