Specialist - Market Risk

The Market Risk (MR) department is a specialized unit in Finance Operations (FO) that operates in the Chennai and Manila centers. The team has frontline responsibility for risk measurement, deal valuation, exposure reporting and price validation. The department pulls together a range of expert skills that ensure accurate, timely reporting and allow MR to offer professional advice on the wide range of issues that the department gets involved in. We are interested in attracting people to our business who share our core working values of honesty, integrity and respect for others. We want those who can build on our business vision, are prepared to accept accountability and can achieve great results through teamwork. The team has been continuously absorbing newly migrated activities over the last eight years with continued growth and more complex work will continue to be absorbed into the teams.

This description details the role for a Specialist who will be part of the SEAM/SEAu (Shell Energy Americas & Shell Energy Australia respectively) team in MR Chennai. The candidate will primarily assist with the desk reporting for SEAM. Additionally, as part of the larger team covering SEAM and SEAu desk reporting, the analyst may need to cover the primary SEAu analyst during their absence.

The SEAM team follows daily P&L and exposure reporting as well as the additional structured activities that are operated either daily, weekly, monthly or quarterly. The portfolio covers the New Energies business- Gas and Electricity trading portfolios in the North America and Brazil. The team relies heavily on the use of smart analytic tools for its core deliverables- working with multiple ETRM (Energy Trading Risk Management) systems, using queries to retrieve information from archived databases. SEAus is a relatively new, up and coming business for T&S. In the last couple of years, there has been growth in business (notably the ERM acquisition in 2019) and more work is expected to come in for the Chennai team over time. The changes based on anticipated growth in trading activity and/or increasing complexity of deals will necessitate additional oversight into the trading portfolio.

As a Market Risk team member, the primary function will be to detect, quantify and communicate potential for unforeseen or unidentified risk within trading activities Additionally, this role liaises with Accounting/ Finance, Operations and Commercial teams to ensure deals are captured accurately and reflected correctly in our systems. Cross training will be required to provide cover on daily, monthly and quarterly reporting processes for the Market Risk team. Individual will be frequently involved in development of the day-to-day and monthly processes and systems in order to keep pace with the ever-changing trading environment.