Senior Risk Control Analyst (Shell Canada)- career opportunity in Canada

Job Title: Senior Risk Control Analyst
Job ID: U37743
Location: Calgary, Alberta, Canada
Job type:Full-time
Deadline:27/08/ 2013
At Shell, we recently celebrated a century of operations in Canada. We’ve been named a Top 100 Employer for eleven consecutive years, and recognized as a leader in sustainable development since 1991. Our focus on innovation and technology has made us a leading manufacturer, distributor and marketer of refined petroleum products. We are Canada’s largest producer of sulphur and one of the largest oil sands developers in the country.

As we look ahead to the next 100 years, we need creative, ambitious and innovative professionals who can help us achieve our goals and help grow our business. We will provide you with the resources to put your ideas into action, global opportunities to advance your career, and outstanding benefits and rewards that support your quality of life. Join us and let’s make a real difference together.

Responsibilities:
The Calgary Risk Control analyst is part of a team recognized for its’ high level of ability and teamwork. The incumbent would be expected to quickly develop the necessary skills to both successfully execute all required accountabilities, as well as contribute to the rest of the group via sharing of knowledge and back-up coverage for other desks and functions.

As a member of the Risk Control team, the primary function will be to reduce potential for unforeseen or unidentified risk within trading activities. The role will monitor trading activities to ensure the commercial team operates within mandated guidelines, profit and loss (P&L) is reported accurately and in a timely manner, risk metrics including exposures, Value at Risk (VaR) are applied in a consistent and standard manner and new business initiatives are evaluated under standard corporate business investment guidelines.

In addition this role liaises between accounting, finance, operations and commercial to ensure deals are captured in an accurate and efficient manner from front to back office, deliver reporting for Month-end, Quarter-end and Year-end beyond the scope of the daily process and work on projects within the group when available while completing daily duties.

Produce, analyze, and explain daily P&L reports, exposures and VaR for natural gas and/or power.
Work with traders, management, and risk control in ensuring compliance to Shell Trading Policies.
Provide analysis and process development for gas businesses.
Interact with traders in Houston and satellite offices.
Cross train to provide backup on daily, monthly and quarterly reporting processes for the Risk Control team.
Daily interaction with traders, schedulers, risk control analysts, IT, and accounting groups.
Responsible for the ongoing infrastructure development of the day-to-day and monthly processes and systems in order to keep pace with the ever changing trading environment (i.e. new deal types, new lines of business, new reporting requirements, etc.).
Provide ad hoc reporting and queries relating to P&L, exposures and/or VaR using Endur and/or Data Warehouse.
The successful candidate must be able to handle the natural tension between mandates/controls and trading opportunities as these appear in commercial environments, especially trading. In addition, the ability to manage multiple priorities with very tight deadlines is critical to this position.
Strong interpersonal and written communication skills are required
Must represent Trading Finance priorities and deliver value to the business
Share best practices across SENA/SENAC Risk Control and Trading Finance
Exceptional problem-solving and analytical skills required
Must be able to deliver as individual performer and as part of both local and virtual team

Requirements:
Commodity trading experience required
Minimum of five years experience, with a background in gas trading.
Candidate should possess a Bachelors degree in Finance, Economics, Accounting or a related field.
The qualified candidate must be proficient in working with computers and software applications, including Microsoft Office, Excel and Access.
Possess strong knowledge in VBA, Spotfire and SQL.
The candidate requires a keen understanding of energy markets and Risk Management fundamentals, including Mark-to-Market modeling, experience using Risk Management system(s), knowledge of VaR measures and exposure reporting and control frameworks.
The candidate should posses major strengths in the areas of communication skills and problem solving abilities; be detail-oriented with excellent analytical and time management skills to meet deadlines while managing multiple priorities in fast paced trading environment; and a team player who builds strong supportive relationships with management and co-workers.
The individual will need to be able to work extended hours if job requires due to monthly close, project deadlines or unforeseen events.
Daily responsibilities must be met every day when the market is open, so some work may be required on holidays.
The position offers the opportunity to work with various departments within SENA/SENAC, such as commercial trading, upper management, accounting, scheduling, M&I and financial reporting and lends itself to learning front-to-back office practices.

How to Apply: Click here