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Crude Trading Risk Analyst

Crude Trading Risk Analyst

LedgentHouston, TX, United States
19 hours ago
Job type
  • Permanent
Job description

Ledgent has partnered with a global energy trading company to identify a Crude Trading Risk Analyst for a direct hire opportunity. This position sits within the firm's risk management and analytics group and plays a key role in monitoring and analyzing the risk and performance of their North American crude oil trading desk. This is a front-office-facing role with significant exposure to trading, risk, finance, and senior leadership. The ideal candidate will have strong quantitative skills, a deep understanding of crude markets, and a passion for working in a fast-paced, dynamic trading environment.

Key Responsibilities :

  • Monitor daily market risk exposures and P&L for the crude oil trading book
  • Investigate and explain drivers of P&L and risk changes (volume, price, optionality, time decay, etc.)
  • Collaborate closely with traders, operations, and risk control to ensure trade data accuracy and compliance with internal risk policies
  • Assist in the development and maintenance of risk models and analytical tools
  • Ensure timely reporting of risk metrics and escalate issues or limit breaches when necessary
  • Support stress testing, scenario analysis, and ad hoc risk analysis as requested by trading or senior management
  • Drive continuous improvements in reporting processes and risk systems

Qualifications :

  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, or related quantitative field
  • 3+ years of experience in a trading risk, market analytics, or P&L control role within crude or energy commodities
  • Solid understanding of physical and paper crude oil products (e.g., futures, swaps, options, basis differentials)
  • Proficiency in Excel (pivot tables, VBA); SQL or Python a plus
  • Familiarity with ETRM systems (e.g., Endur, Allegro, RightAngle) strongly preferred
  • Strong analytical and problem-solving skills, with attention to detail
  • Excellent communication skills and ability to work cross-functionally in a time-sensitive environment
  • All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county , to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.

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