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Senior Specialist - Market Risk
Senior Specialist - Market Risk-March 2024
Bangalore
Mar 31, 2026
About Senior Specialist - Market Risk

  , India

  Job Family Group:

  Finance

  Worker Type:

  Regular

  Posting Start Date:

  Business unit:

  Finance

  Experience Level:

  Experienced Professionals

  Job Description:

  The list below is intended to provide a brief glimpse of the day-to-day activities and highlight the key areas of proficiency (strong business understanding, ability to navigate systems, managing stakeholder relationships and key technical skills) that would help the analyst succeed in the role.

  The analyst is expected to:

  Understand key P&L drivers and articulate strategy-based P&L commentary whilst demonstrating a commercial understanding of the business

  Acquire an in-depth understanding of Mark-to-Market (MtM) curves & methodologies and assist the team in ensuring the curves are correctly loaded in the trading systems

  In case of trading system curve errors, liaise with business users and technical support to identify, analyze and resolve issues (ad hoc)

  Understand trading account structure, exposures and P&L generated by different transaction types in the book

  Prepare monthly trade performance slide packs for Regional/Global Heads of the Commercial Business.

  Provide ad-hoc analysis by running queries into the Trading Risk databases

  Monitor exposure limits daily within the Trading Control Framework and Manual of Authorities (MOA)

  Ensure activities are carried out with safety awareness and are performed in compliance with external regulation, the Shell Control Framework, SOX & Financial Reporting requirements, and Shell Trading mandate and policies

  Liaise with business users and technical support to identify, analyze and resolve application issues

  Work closely with the STM/OM to help them carry out daily risk reporting/execute projects. Most projects are likely to come in with short deadlines- the candidate is expected to lead the project while keeping a tab on the on-time delivery of scheduled tasks

  Key Challenges:

  Balancing the reporting requirements on multiple businesses covering varied commodity types in different geographies/markets

  Coming to terms with the complex system landscape: the candidate is expected to be comfortable with established ETRMs as well as future upgrade projects that may require some time be devoted to work with other stakeholders in development/implementation of new software solutions

  Maintaining quality relationships and engagements with key business stakeholders to ensure timely and accurate data

  Understanding the numbers and convincingly explaining the 'story behind them' demonstrating and appreciation for trading strategies and risk payoffs

  Exploring opportunities to continuously improve tools and process

  Given how the business is growing, the candidate is asked to be flexible in terms of work scope. The role will become increasingly challenging and in-depth with every new activity rolled out

  The NA products team typically works in afternoon shift. The individual will need to be able to work extended hours if job requires due to monthly/quarterly close, new requirements/ critical project delivery timelines or unforeseen events. The candidate should be comfortable in working in these shifts

  Meet the requirements of Market Risk's steep learning curve and emerge as a Subject Matter Expert (SME) in for the business. The candidate will be expected to train and socialize the learnings other members in the team and actively facilitate onboarding of new members.

  Experience and Qualifications:

  A Bachelor's degree graduate or with an MBA with more than 4 years’ experience in Market risk / Trading

  The ideal candidate will be highly numerate, logical, can prioritize and multi-task, and is comfortable working in teams

  A good understanding of Commodity Markets (crude oil/ oil products/ LNG/ natural gas/ power experience is welcome) business and/or familiarity with spot price assessments, forward curve methodologies, swap markets, and basics of options would be valuable

  Risk Management knowledge (demonstrate knowledge of different types of VaR, stress testing, sensitivity analysis, basis risk, volume risk, currency risk)

  Strong computing skills ( Excel, programming, VBA ) and analytical abilities

  Strong analytical skills (details & accuracy-oriented mindset)

  Strong communications and interpersonal skills

  Other preferred qualifications include:

  Working knowledge of Qlikview/ Qliksense - create new visualizations and drill down information for detailed analysis - is preferred

  Experience with risk analysis, Value-at-Risk, financial derivatives, or physical energy markets would be a plus

  Ability to work with cross-functional work group

  Ability to drill down into complex data and must have a keen eye for details

  Creativity in problem solving

  -

  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.

  According to the United Nations, the global population could increase to more than 10 billion people. A key role for society – and for Shell – is to find ways to meet the growing demand for energy, with less carbon emissions. We need people who dare to think differently – to take part in developing tomorrow’s energy solutions today.

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