Senior Risk Analyst
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Welcome to ConocoPhillips where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the worlds largest independent exploration and production companies based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries we explore for develop and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success and with them we power civilization.
Were grounded by our SPIRIT Values safety people integrity responsibility innovation and teamwork. These values position us to deliver strong performance in a dynamic business but not at all costs. We believe its not just what we do its how we do it that sets us apart.
Fostering an Inclusive Work Environment
To deliver superior performance we create an environment that respects the contributions and differences of every individual. Wherever possible we use these differences to drive competitive business advantage personal growth and ultimately create business success.
Job Summary
Our Commercial business manages the companys worldwide commodity supply and marketing needs. Working with leadership on the development of the risk management processes for expanded Crude NGL and LNG addition working closely with Exploration and Production Commercial adds significant value by improving ConocoPhillips supply chain management and growing its third-party global marketing business.Based at our offices at Angel Court in London reporting directly to the Manager Europe Regulation Compliance & Risk the position is responsible for both monitoring and reporting of Risk related commodity positions and P&L within Gas LNG and Crude using deal capture position reporting and risk management systems and for the further development of those systems and processes. The position also serves as an integral element within the internal control environment by ensuring positions are marked to market daily and risk management position reports are completed accurately and timely.
Position Overview
Primary Role Objectives:
- Use existing systems and spreadsheet tools to understand and summarize commercial commodity price-risk positions
- Maintain MS Excel and MS Access based tools that leverage corporate systems for deal capture position management earnings and VaR
- Monitor and report exposure VaR and risk results
- Monitoring compliance with the companys risk control policies and regional position limits
- Coordinating reconciliation of paper and physical positions to systems of record and front office control spreadsheets in support of daily reporting responsibilities
- Support modelling of proposed trading scenarios and structured products
- Develop understanding of Commodity markets exposures and risk management approaches
- Through collaboration with Front Office understand trading patterns and the infrastructure that moves gas crude or LNG from supply to market areas.
- Perform independent analysis to address any commercial concerns identify process improvements and efficiencies in existing practices
- Utilise automation to strengthen process controls
- Train and mentor other Risk Operations team members
- Prepare a variety of ad hoc analysis and data tools to meet changing business needs
- Participate in business improvement projects that might include supporting or leading cross-functional teams that implement systems enhancements re-work business processes or address enterprise risks
Competency Requirements
Required:
- Knowledge of risk reporting and management systems
- Experience that demonstrates analytical and problem solving capability
- Degree in Maths Computer Science or equivalent numerate degree
- Demonstrable experience with MTM & VaR reporting GAAP accounting and financial reporting or engineering & quantitative analysis ideally gained from working within Crude Gas LNG environment
- Risk analyst experience
- Proficient in the use of Microsoft Excel for maintaining Excel spreadsheets or development and maintenance of complex models
Preferred:
- Experience at driving change to improve work processes
- Experience of Energy Trading Risk Management systems and integration with other front and back office systems
- Understanding of best practices in risk management and approaches for cross commodity portfolio risk management and reporting.
- Experience performing stress tests and scenario analyses to assess the potential impact of extreme market events
- Advanced proficiency in the use of Excel and development or maintenance of complex models
- Intermediate proficiency in SQL PowerBI Python Spotfire or related programs
- Intermediate knowledge of financial products/contracts used in commodity trading and risk management (swaps options futures and forwards)
- Intermediate knowledge of the Companys risk management policies
- Ability to interact with both finance and trading customers
- Demonstrates a high level of personal initiative and sense of urgency to get the job done both in handling technical tools and addressing business issues
- Effectively handle challenging priorities to achieve results particularly when new situations arise that requires resolution on short notice
- Strong written and oral communication skills are important
- Delivers results through realistic planning to accomplish goals
- Builds effective solutions based on available information and makes timely decisions that are safe and ethical
- Listens actively and invites new ideas for exchanged opinions then influences and acts to drive positive performance and achieve results
Apply By:
Sept 26 2025Sponsorship:
ConocoPhillips sponsorship for employment authorization in the country where this job is located is NOT available for this position.EEO:
ConocoPhillips is an equal opportunity employer.Required Experience:
Senior IC
Key Skills
- ISO 27001
- Operational Risk Management
- Risk Management
- FedRAMP
- PCI
- Risk Analysis
- Visio
- COBIT
- NIST Standards
- SOX
- Information Security
- ISO 27002
About Company
In Qatar, we operate our Global Water Sustainability Center (GWSC) from the Qatar Science and Technology Park. The GWSC is the ConocoPhillips designated center of excellence for water-related technologies, disseminating findings to our global operations, as well as local government an ... View more
