Operational Risk Analyst- Permanent Western Cape EE Position Permanent Position We are currently seeking an Operational RiskAnalyst, our client offers a challenging, stimulating and rewarding environment with professionaland personal development opportunities. The successful candidate will need SAP and Excel, alongwith experience with Oil Trading, Shipping & Risk Management and IT Systems.  Addedadvantage ETRM system (Allegro). Candidates must have good communication, strong analytical skilland good process flow documenting skills.  Education & Experience: B.Com Accounting(Honours) – CA/CFA/CIMA added advantageRole Description
Operational Risk Analyst - Permanent Western Cape EE Position Permanent Position We are currentlyseeking an Operational Risk Analyst, our client offers a challenging, stimulating and rewardingenvironment with professional and personal development opportunities. The successful candidate willneed SAP and Excel, along with experience with Oil Trading, Shipping & Risk Management andIT Systems.  Added advantage ETRM system (Allegro). Candidates must have good communication,strong analytical skill and good process flow documenting skills.  Education & Experience: B.Com Accounting (Honours) – CA/CFA/CIMA added advantage

Skills and Experience
Duties: Good understanding of the BFP formula (mechanism) and market factors that has an impactson the value Daily compiling of BFP, twelve Month Forward Curves, exchange rates to import into ETRM(Energy Trade and Risk Management) Daily extracting of trading system (ETRM) database to analysedata entered into the system, compiling of management reports to identify compliance tosystem/company policy Continuously developing ETRM operational risk reports to support businessand/or management requirements Daily compiling and publishing of ETRM operational risk reports tomanagement and end users Daily following up with management to highlight the risks identified withthe Operational Risk Reports Continuous SAP BI & ETRM Reporting enhancements/requirementsinvestigated & logged for development In-depth understanding of the ETRM system to assist endusers in trouble shooting Accounting reversals in ETRM accurate & any corrective actionsinitiated Price Risk Management Risk Strategy recommendation reviewed to ensure Policy compliancefor all price risk Proposed New Hedging instruments analysed and decision model developed forapproval Good understanding of the oil markets and the day to day movement on the business, andtrade lifecycle of a trade and what factors has an impact on the trades overall profit/lossUnderstanding how different market areas pricing work, a clear understanding of the definition ofmarket exposure and how to manage the risk associated with it Need to have an basic understanding ofVaR Ability to build and analyse different price curves, accurate accounting, complies fully withIFRS Profit & Loss attribution reports analysed and any corrective actions proposed, NationalProfit and Loss in ETRM monitored and verified for accuracy Profit and Loss attribution in ETRMmonitored & verified for accuracy & communicated to management for decisions  KeyResponsibilities Excellent knowledge of trading, shipping, operations & risk managementNetworking and relationship building, good governance, leadership and capability development andstakeholder service parameters Stakeholder engagement, control environment and control activitiesCompany policy/procedures and standards Flexible working hours Information systems, standards andpractices Systems acquisition/ Development life cycle practices Confidentiality Excellent knowledgeof trading, shipping, operations & risk management Knowledge of business trends and knowledge ofprocesses & outcomes Customer Service Parameters and Company Policies and Procedures Code ofProfessional Ethics International Oil Market Pricing Financial Technical Analysis & ModellingDemanding fast paced Trading & Shipping Environment Financial reporting & compliance to IFRSCorporate Governance Business Risks identified & quantified Price Risk Management Policy Additional: Derivative Trading / Pricing; Data Analysis; Advance Excel Skills, Added advantageETRM system (Allegro) Oil Trading, Shipping & Risk Management IT Systems SAP  Contact:Liesl.deBruyn@eoh.co.za