It is recognised that the size & complexity of Shell Trading & Supply (T&S) has increased substantially over the past few years & the expectations around risk management from a regulatory perspective have also shifted for Energy trading As a result, & also recognising the potential to unlock additional value from enhanced risk management of our trading activities, a strategic decision has been made to make major investment s over the next 3-4 years to strengthen the risk management capabilities of the organisation from a people, process, data & systems perspective in both the first & second lines of defence. The role would support the Energies- Market Risk Manager in the organisation to lead the efforts for the second line of defence over the various ETRM change implementation projects & associated, development, testing & deployment .
Division in India: The Market Risk department is a specialized unit in Finance Operations that operates in the Chennai , Bengaluru & Manila centres . The team has front line responsibility for risk measurement, deal valuation, exposure reporting , quantitative risk modelling, strategy validation processes & price validation. The department pulls together a range of expert skills that ensure accurate & timely reporting, & allow us to offer professional advice on the wide range of issues that the department gets involved in. We are interested in attracting people to our business who share our core working values of honesty, integrity & respect for others. We also want those who can build on our business vision, are prepared to accept accountability & can achieve impressive results through teamwork.
Principal Accountabilities:
Interfaces:
Multiple stakeholders including:
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Risk Transformation Team, Market Risk Operations, Project Team s , Shell IT , P rocess Data & System Architects/Experts & P roject Delivery Team .
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SMEs in v arious Market Risk teams including Operations, Advisory, P rocess Data & System Architects/Experts , Valuation, Reporting & Analytics, Quantitative Risk , Model Validation, & Onshore Operations.
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Risk Change & Engage Lead
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Risk Transformation Governance & P roject lead s .
Technical/Experience Requirements for the role:
- An undergraduate degree in Statistics, Mathematics, Science, Finance or Economics, Engineering is preferred with a minimum of 6-8 years experience post-graduation of which 3-4 years in trading/risk management of energy .
- A masters degree in finance or analogous domain is required . Candidate with CFA, FRM, ERP certifications would be preferred.
- W ork experience in various financial positions, with experience of applying Trading risk and financial management , process and controls principles in practice.
- Strong understanding of options/non-linear instruments and their payoffs, risk-return, risks not captured in modelling.
- Experience with Process Analysis, Design, & Implementation, Business & Technical requirements, Problem-Solving, & System(s) Testing, including UAT & Bug fixes
- Strong understanding of Business Process Management techniques & notation
- Basic understanding of Lean Six Sigma process methodologies
- Expert is data visualization & story telling. Relevant experience working with Python & R
Other Requirements for the role:
- Good understanding of Market Risk in general & Commodity Market Risk/Trading in particular including Risk Metrics, ETRMs & best practices in Commodity Risk management.
- Can work independently to resolve discrepancies, defects, incidents, or problems understanding the business & systems.
- Persuasive communication skills, confidence to speak up & challenge plus ability to form effective relationships with stakeholders across Commercial, Risk, IT, the broader Finance organisation, & other support functions
- Proven ability to manage & deliver through others, collaborating with people from diverse cultural backgrounds & in a virtual, global environment.
- Strong Problem-Solving & Analytical Skills
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
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