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Abacus Service Corporation · 1 day ago

Risk Analyst

Houston, TX

Full-time

Onsite

Mid Level

Abacus Service Corporation is looking for a Risk Analyst to join their team. The role involves generating and validating daily P&L and exposure reports, analyzing P&L movements, and collaborating with various teams to ensure accurate reporting and compliance with internal policies.

Health CareInformation Technology

Growth Opportunities

Responsibilities

Daily P&L and Exposure Reporting: Generate and validate daily P&L and exposure reports across a diverse set of commodities including crude oil, gasoline, distillates, fuel oil, Renewables, NGLs

PnL Attribution and Commentary: Analyze and explain daily P&L movements, identifying key risk drivers and market impacts

Trade and Deal Validation: Ensure accurate trade capture and representation in risk systems, collaborating with front office and operations to resolve discrepancies

Curve and Pricing Validation: Validate market curves and pricing inputs to ensure consistency and accuracy in valuation

Cross-Functional Collaboration: Partner with trading, scheduling, accounting, and risk teams to support timely and accurate reporting and issue resolution

Process Optimization: Lead and support initiatives to standardize and automate reporting processes. Contribute to the development and enhancement of risk systems, dashboards, and analytical tools

Governance & Controls: Support compliance with internal policies and regulatory requirements, ensuring robust control frameworks are maintained

Team Continuity & Leadership: Provide backup coverage across regions or products and mentor junior analysts to foster knowledge sharing and team development

Financial Reporting Alignment: Collaborate with FP&A to ensure mark-to-market P&L aligns with GAAP standards used for external financial reporting

Qualification

Advanced ExcelETRM systemsCommodity marketsRisk methodologiesCommunicationOrganizational skills

Required

Must have advanced Excel skills - pivot tables, vLookup, hLookup

Experience with ETRM systems like RightAngle, Allegro, Endur, OpenLink

Must be analytical and savvy with numbers

Must have Risk Analyst experience within oil and gas commodities. Doesn't have to be a Chevron or Shell sized organization - smaller companies are okay too

Must THRIVE in a fast paced environment. This position will be on the trading floor

Strong communication skills with the ability to explain complex risk concepts to diverse stakeholders

Excellent organizational skills and the ability to manage multiple priorities in a dynamic environment

Commodity markets and instruments knowledge

Trade lifecycle and settlement processes knowledge

Risk and valuation methodologies knowledge