Trading Risk & Operations Project Analyst - eFinancialCareers : Job Details

City of London Permanent, Full-time, On-siteWho we areWe are an energy trading company generating liquidity across global commodities markets. We combine deep trading expertise with proprietary technology and the power of data science to be the best-in-class. Our understanding of volatile, data-intensive markets is a key part of our edge. At Dare, you will be joining a team of ambitious individuals who challenge themselves and each other. We have a culture of empowering exceptional people to become the best version of themselves. The RoleIn this role, you will be responsible for supporting the company's New Product Approval process consisting of onboarding cross-department, from start to finish, any new venues, products, and third parties traded by the company. Responsibilities for this aspect of the role include:

• Driving parties involved in the process to complete required tasks
• Facilitating issue resolution when blockers are encountered
• Providing regular reporting on implementation status

In addition, you will also support key controls to manage trading and operational risk. Further responsibilities for this aspect of the role include:

• Performing core start-of-day or end-of-day controls to ensure that all risks are accounted for.
• Ensuring all trade capture and reporting exceptions are verified, cleared, and escalated promptly.
• Continuous monitoring and reconciliation of trading positions.
• Liaising with Trading and Tech teams, supporting daily market activity.
• Ensuring that regular reporting is produced to monitor and identify abnormal trades and positions, and other key market metrics.
• Validating the accuracy and effectiveness of data sources used to produce a set of daily market risk reporting and analysis.
• Liaising with trading, risk, tech, and data teams on trading/reporting-related issues.
• Verifying and utilising settlement prices (and other data consumed across the company) for trading and analysis purposes.
• Enhancing tools, analysis, and reporting used by the team to report critical information to both Trading desks and Senior Management.
• Improving and maintaining internal policies and procedures followed by the team, ensuring their completeness and that current practices adhere to them
• Participating in various ad-hoc projects and analysis (e.g. markets/technology-related)

What You'll Bring

• A bachelor/master's in a technical field (e.g. finance, economics, other quantitative disciplines etc.).
• A minimum of 2-3 years of professional experience in a similar role.
• Prior professional exposure/experience to energy trading (Oil, Gas, Power) via either an Exchange, a broker, a proprietary or a liquidity-providing firm (market maker), hedge fund, physical player, etc.
• Previous professional experience/exposure relating to Energy commodity Futures and Options.
• Proven experience leading/implementing technical projects as well as communicating their status and progress with senior management.
• Coding skills (Python/APIs, SQL, VBA) and understanding of databases and/or interest developing in this area.
• Previous experience with the daily management of trade life cycle events (expiries, hedging, etc.).

Desirable

• Knowledge and/or previous exposure to risk models and risk management strategies would be beneficial (e.g. exchange margin models, VAR, stress-testing, back-testing, FX hedging strategies, etc.)
• Knowledge/experience of the following tools/data services would be a nice-to-have" but not essential: Bloomberg, Platts, Reuters, Trayport, TT, ICE Connect, WebICE, CME Direct, SPAN GUIs.

Benefits & perks

• Competitive salary
• Vitality health insurance and dental cover
• 38 days of holiday (including bank holidays)
• Pension scheme
• Annual Bluecrest health checks
• A personal learning & development budget of £5000
• Free gym membership
• Specsavers vouchers
• Enhanced family leave
• Cycle to Work scheme
• Credited Deliveroo dinner account
• Office massage therapy
• Freshly served office breakfast twice a week
• Fully stocked fridge and pantry

Social events and a games room Diversity mattersWe believe in a workplace where our people can fulfil their potential, whatever their background or whomever they are. We celebrate the breadth of experience and see this as critical to problem-solving and to Dare thriving as a business. Our culture rewards curiosity and drive, so the best ideas triumph and everyone here can make an impact. Please let us know ahead of the interview and testing processes if you require any reasonable adjustments or assistance during the application process. We're also proud to be certified a 'Great Place to Work'. Read more about our culture and what our team says about us here.