Job Title

Market Risk AnalystRisk Department Chennai, IndiaThe Glencore Risk Department is an independent function aiming to control front-line trading. The Risk Department ensures that the risk-reward of the trading books is properly understood by Glencore senior management and that the physical exposure of the business – e.g. oil cargoes, electricity generation, gas deliveries – is correctly valued.This position requires the individual to run, maintain & transform risk reports on the risk positions embedded into the company portfolio and make sure it stays within the company’s risk appetite. The role is reporting into the Lead of Market Risk team. Key Responsibilities Experience :5 Years to 7 YearsRun and check the Risk reports (like VaR, Limits, Stress Scenarios, Liquidity) and communicate efficiently with the various stakeholders (like Trading Desks, Finance and other Risk functions).Develop and enhance VaR model in Python for the risk management and reporting.Responsible for overseeing and maintaining existing Python scriptsas needed to align with process requirementsWork with large datasets, applying statistical and quantitative techniques, perform Market Risk analysis and particularly investigate discrepancies in VaR, positions changes, scenarios results, stress tests and liquidityReview and redesign the risk reports generation using Python and Databases for transformation and automating our processes with the view of transferring those to IT in the future for BAU run.Perform Market Risk analysis and particularly investigate discrepancies in VaR, positions changes, scenarios results, stress tests and liquidityDrive the continuous improvement & transformation mindset on structure, processes, assessments, and reporting.Work collegially with, and communicate effectively to, the team, Senior Risk Management, Desks and IT to understand the positioning of the desk and current market conditionsVery good coding skills in python, leveraging on databases (using SQL), solid, deep understanding of data extract, transform, load (ETL).To communicate results effectively with Senior Risk Management, Traders.Education and Experience RequirementsStrong coding skills in Object Oriented programming, and notably in Python, essentialStrong knowledge in market risk, risk measures (like Greeks, VaR, SVaR, Expected Shortfall), and in Financial Instruments like Derivatives, Options, Future and ForwardPrevious experience in Market Risk (Banks, Trading houses or Hedge funds), requiredHighly numerate, with good problem-solving and analytical skillsStrong communication skills – able to convey complex ideas clearly to various groups and implement robust reports while maintaining strong relationships.Able to work collaboratively in a team while managing issues independently, ensuring analysis delivers practical business benefits under tight deadlines.