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Crude Market Risk Manager

Shell plc
locationLondon, UK
PublishedPublished: Published 3 days ago
Risk Modelling
Full time
, United Kingdom

Job Family Group:
Finance

Worker Type:
Regular

Posting Start Date:
May 13, 2025

Business unit:

Experience Level:
Experienced Professionals

Job Description:

The Crude Market Risk Manager is responsible for providing independent assessment of the value and risk within the Europe, East and Derivatives crude trading portfolio. The role provides insight into the level of risk/return in the portfolio and whether this is congruent with the agreed level of risk appetite.

Principal Accountabilities:
  • Conduct independent risk assessments of strategic transactions and crude trading portfolio management.
  • Provide risk/reward guidance to maximize financial returns within trading mandate limits.
  • Offer risk assessments and insights to senior T&S management in Commercial and Finance areas.
  • Determine fair economic valuation (FEV) parameters and ensure accuracy for the crude trading portfolio.
  • Lead forward curve development for crude portfolio valuations.
  • Identify and maintain risk factor mapping for risk metric calculations.
  • Maintain key stakeholder relationships through cross-functional forums like Risk Committees.
This role reports directly to the Head of Market Risk Crude and will work closely with the GM Crude Trading & Supply, Finance, Regional Team Leads and other senior stakeholders. The role works closely with risk leads for all parts of the risk management spectrum including a significant FO component.

The post holder will be a member of the Global Crude Market Risk advisory team; collaborate on new authorized markets and new business proposals; and step in for the Head of Market Risk Advisory when delegated.

Dimensions:
Actively manage and influence resources & processes to optimize the efficient analysis of risk across the portfolio, manage change and prioritize accordingly. Be an end-to-end deal expert understanding risk at all parts during the life of a deal interacting with the functional experts to help identify and suggest remediation to those risks.

Experience and Qualifications:

The candidate must demonstrate a deep understanding of T&S's commodity markets and trading instruments, experience in trading environments, and execution of market risk activities such as forward curves and trading systems. Strong written and verbal communication skills are essential, along with the ability to manage projects and prioritize tasks under tight deadlines in a dynamic business. A graduate degree in Finance, Legal, Mathematics, Engineering, Sciences, or equivalent practical experience is required.

The successful candidate will oversee daily risk assessment and valuation activities for Shell's Crude Trading organization (T&S) as part of the 2nd line of defence, ensuring controlled and professional execution.

DISCLAIMER:
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.