Sr Portfolio & Risk Analyst

JOB SUMMARY

This role is part of the Middle Office group, in Brentwood, TN, reporting to the Director, Middle Office and is responsible for accurately reporting, monitoring, and analysis on the risks and volumes associated with physical and financial trading positions. The Middle Office is part of the Finance organization and independently monitors portfolio parameters within the Board-approved risk management policies and guidelines while also supporting the Commercial Organization’s strategic goals and margin targets.
 
The Middle Office group is a primary user of Delek’s ETRM (Energy Trading & Risk Management) which integrates the business processes, organizational accountabilities, reporting, and workflows associated with managing market exposure and commodity risk.

EDUCATION AND EXPERIENCE

• 4 year / Bachelor's Degree (Required)
• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
• Four (4) or more years Industries such as Commodities, Banking, Energy, Refining (Required)
• No Licensure or Certification Required.

JOB REQUIREMENTS

• Accounting / Financial Analysis
• Market Analysis
• Problem Solving
• Risk Management / Middle Office
• Reporting
• Can Influence Change
• Support Commercial Operations, Middle Office, and Accounting with financial, volumetric, and risk reporting and analysis
• Utilizes problem solving skills to understand deal errors or anomalies in the portfolio that are inconsistent with market trends
• Perform risk policy compliance tracking and identify variances to approved policies and procedures
• Develops explanations of market movements due to market conditions or dynamics impacting the industry
• Accurately bucket and explain all economic and positional changes
• Publish a daily PnL change report for assigned trading strategies
• Build and maintain forward and market curves in RightAngle
• Adhere to financial controls ensuring transparency, accuracy, and completeness of portfolio profitability, volumetric positions, and market risk
• Collaborates with Commercial Operations, Middle Office, Accounting, Legal, and Management with senior-level analytical abilities in financial, volumetric, and risk reporting and analysis
• Executes process and controls to accommodate a growing business strategy and creating efficiencies to handle increased transaction volume
• Analyze, troubleshoot, and take corrective actions to assist end-users with Rightangle system-related challenges
• Proactively improve processes, procedures, and existing processes to automate and create efficiencies
• Develop collaborative working relationships across Delek
• Experience using ETRM software systems on a regular basis
• Reporting on PnL and exposures for both physical and financial trading, preferably in an energy related commodities field
• Familiarity with commodities exchanges/trading platforms and price indices such as ICE, CME, Platts, Argus, Opis, etc.
• Understanding of VAR
• MS Excel super user with financial modeling skills
• Understanding of futures contracts and forward curve dynamics such as time spreads, contango, and backwardation
• Knowledge of swap contracts and basis spreads
• Experience with asset valuation such as pipeline arbitrage and refinery crack spreads
• While this job description aims to provide a comprehensive overview of the role, it may not detail every task or responsibility required.

CORE COMPETENCIES

CHANGE AGILITY (LEVEL 2 SUPPORTING):

Identifies, initiates, and adapts to organizational changes that foster enhanced effectiveness, efficiency, safety, and ultimately business results.

COLLABORATION (LEVEL 2 SUPPORTING):

Sees connection points across the organization and partners effectively with others to achieve common goals.

DECISION MAKING (LEVEL 2 SUPPORTING):

Selects a course of action to reduce risk and uncertainty and create optimal outcomes.

DRIVE FOR RESULTS (LEVEL 2 SUPPORTING):

Drives to achieve challenging performance objectives.

TEAM BUILDING (LEVEL 2 SUPPORTING):

Builds trust, fosters openness, and provides support. As the manager of a team, selects and motivates a strong team.

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