Risk Analyst

Excellent Pay rates up to $1400 p/day
- Immediate start
- Opportunity for permanency

A new role for an experienced Risk Analyst to join a global leader in oil and gas based out of their Brisbane CBD office and supporting the current team which expands globally. This is a hands role that will allow you to add your knowledge and support the team as they continue to grow and develop.

The role encompasses daily monitoring of Front Office short term and long-term trading activity, operating daily Middle Office (“MO”) controls, analysing daily P&L and Position results and working with the various teams across Front, Middle and Back Office to further develop the control environment in which the Front Office operates.

Responsible for running the day-to-day BAU MO activities and supporting the development of the MO function through ongoing project work.

The role reports to the Market Risk Analyst. The role will be required to work constructively and collaboratively with all stakeholders, of particular relevance to the role being stakeholders across Front, Middle and Back Office.

The role is responsible for:

- Daily operating of the SEAu MO end of day process including
- running key controls,
- analysing P&L and Position results to understand and explain the drivers and accuracy of day on day movements
- liaising with the Front Office to fix issues as they arise
- monitoring daily trades are within limits and validating against trade documents,
- Working with the various stakeholders across Front, Middle and Back Office to maintain a robust control environment in which the Front Office can operate
- Maintain documentation covering procedures, valuation and risk methodologies and the control framework
- ETRM maintenance including the creation of new curves, pipeline locations, legal entities, portfolios, business units, party agreements and updating system configuration
- Performing monthly reconciliations (Endur to Accounting) with the Back Office team for both actuals (invoicing) and accrual processes
- New Deal review in accordance with the MO New Deal Checklist
- Contributing to MO development initiatives including establishing a performance reporting framework, establishing a position reporting framework, testing as part of the Endur upgrade project, implementing the use of 5 year forecast data in Endur and implementing QGC power in Endur
- Contributing to the continuous improvement of daily MO processes and activity

**Skills and Requirements**
- Depth of knowledge and experience in a Trading environment (preferably in Power and Gas trading)
- Depth of knowledge and experience in Risk
- Depth of knowledge and experience in valuation techniques
- Applies strategic and lateral thought to deliver business performance
- Clear verbal and written communication, consultative in approach and maintains open and positive dialogue in engaging others
- Commodity Trading experience and knowledge of markets
- Skilled at establishing and maintaining working relationships across multiple teams and fields
- Good analytical skills
- Good attention to detail including high standards for data integrity, reconciliation work and control implementation
- Strong excel skills
- Ability to learn and adapt to new systems and processes

OSOS Alliance is a majority-owned Indigenous business. We take great pride in our respectful and culturally competent engagement with indigenous peoples, communities, and businesses. We take pride in building long term relationships that are sustainable and support our clients across mining and resources, energy, and construction sectors.