OilRiskandMarketAnalyst

**Main purpose** The Oil Deals Desk is responsible for the risk analysis of trading profit and loss and exposure, serving as a key management control across all international and domestic oil trading strategies. The desk drives the production and management of daily reports that support this function, covering delta changes, deal economics, price exposure, hedge requirements, and ad hoc management reporting, ensuring leadership has the timely and accurate information needed to make informed trading decisions. **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