Risk Control Analyst
Chevron Services Company - Houston, TX

This job posting is no longer available on Chevron. Find similar jobs: Risk Control Analyst jobs - Chevron Services Company jobs

Chevron is one of the world's leading energy companies, with approximately 60,000 employees working in countries around the world. We explore, produce and transport crude oil and natural gas; refine, market and distribute fuels and other energy products; manufacture and sell petrochemical products; generate power; and develop future energy resources, including biofuels and geothermal energy.

Chevron is accepting online applications for the position of Risk Control Analyst located in Houston, Tx through April 5, 2013 at 11:59 p.m. (Eastern Standard Time).

Position Details:
The Risk Control Analyst performs risk analytics and daily risk reporting for Crude, Products and Liquids. Will also provide daily metrics for performance and limit adherence and enforce a controlled trading environment. This position is co-located with Supply & Trading part of Chevron's Downstream business, and operates under the direction of Corporate Treasury to provide commodity risk controls and related independent analysis to S&T.

Responsibilities for this position may include but are not limited to:
  • Perform daily independent analysis, review and reporting of commodity trading activities for large commercial organization.
  • Work with the commercial organization to ensure timeliness and integrity of transactional data.
  • Monitor trading activities and exposure to ensure compliance with established volumetric and financial authority limits
  • Prepare accurate and timely daily management report for volumetric exposure and mark-to-market for various trading teams which includes providing commentary to highlight the underlying drivers for exposure and MTM changes
  • Calculate daily the realized and unrealized (marked-to-market) profit/loss of closed and trading positions, on an aggregate portfolio basis and at the "deal" level.
  • Monitor trading desk profit/loss against established loss limits.
  • Provide exception reports to Risk Control LT and SBU management as required for ascertaining the accuracy and validity of trade data.
  • Work with the front, mid, and back office staff to ensure trade data is reconciled accurately between the general ledger and the deal capture and valuation systems.
  • Communicate associated commodity risk to all levels of organization.
  • Validate and maintain forward price curves. Model curves where required.
  • Perform daily risk metric computations and analysis
  • Perform ad hoc analysis of commodity price volatilities, correlations, absolute prices, etc.

    Required Qualifications:
  • Exposure to energy comodity trading/ derivates.
  • High level of initiative, self starter with strong analytical skills
  • Strong interpersonal, analytical, teamwork, and communication skills
  • Act as steward for trading system data.

    Preferred Qualifications:
  • Risk Control experience

    Relocation Options:
    Relocation will not be considered within Chevron parameters.

    International Considerations:
    Expatriate assignments will not be considered.

    Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.

    EOE M/F/D/V

  • About this company
    675 reviews
    Chevron is one of the world's leading energy companies, with approximately 60,000 employees working in countries around the world. We...