Market Risk Analyst

Role Overview

Compensation

• Compensation is AED 20,000 to 25,000 plus statutory benefits.

Market Risk and Reporting

• Produce and validate daily P&L and exposure reports for physical and paper trades.
• Perform P&L attribution and variance analysis across price, volume, basis, timing, and FX impacts.
• Monitor positions and mark-to-market valuations across time horizons and commodity curves.
• Analyse market risk drivers, trends, and sensitivities for management.

Risk Controls and Systems

• Support scenario and stress testing and hedge performance reviews.
• Ensure accurate trade capture, valuation, and CTRM reconciliation across front, middle, and back office.
• Verify hedges between physical exposures and derivative instruments and investigate discrepancies.
• Enforce trading and risk limits and escalate breaches.
• Maintain CTRM data quality and pricing curve integrity.

Analysis and Stakeholder Support

• Support internal and external audits and improve risk processes and controls.
• Conduct market and competitor analysis on crude oil, refined products, or gas markets.
• Prepare ad hoc management reports, dashboards, and presentations with actionable insights.

Qualifications and Prerequisites

• Proven market risk or trading risk analyst experience in physical and derivative commodities trading is required.
• Crude oil trading exposure is essential.
• Strong understanding of P&L attribution, mark-to-market valuation, hedge performance, and commodity risk management is required.
• Hands-on CTRM system and pricing curve maintenance experience is required.
• Excellent analytical and Excel-based reporting skills are required.
• Strong communication skills across trading, finance, and management teams are required.
• Mandarin language skills are a distinct advantage.

Location

• The role is based in Dubai, UAE.