Product Risk Analyst

Product Risk Analyst

Risk, Marketing Department

Mexico City, Mexico

We are looking for an engaged candidate with a solid interest in commodity risk management to become part of the Product Risk team in our Mexico office. The chosen person will be motivated to advance their knowledge and skills in the area of risk management. And a commitment to contributing to a collaborative team environment focused on professional development.

 The main tasks and responsibilities include:

• Ensure accurate and timely entry and marking of physical and derivatives trades in the reporting systems.
• Responsible for calculating and running daily risk reports, such as exposure reporting and Flash P&L.
• Responsible for daily price curve marking and active review of methodology.
• Maintain an organized book structure to facilitate management’s understanding of P&L and risk drivers. This includes trade allocations and accurate marking of positions.
• Assist in project initiatives, process improvement, and IT testing for system enhancements
• Adhere to industry compliance standards and regulations
• Any other ad hoc duties that may be required from time to time.

 

 Qualifications and requirements:

• A tertiary qualification in Finance, Accounting, Business, Computer Science or other related field is required, and a professional certification such as the CFA or FRM will be viewed favourably.
• 1 - 3 years of product risk/risk management/middle office experience in a commodity trading or financial institution.
• Working knowledge of commodity trading systems and ERP integration.

• MS Office tools with advanced knowledge of Excel and coding skills in VBA/Python advantageous

• Advanced English language ability, both written and spoken.
• Must be able to explain complex issues and present technical information clearly
• Quantitative/financial acumen, and problem-solving skills
• Knowledge of energy markets, trading, derivative instruments is a plus.

 

Our Ideal Candidate:

• Keen interest in commodity risk management, process automation, internal control, efficiency and improvement.
• Skilled at managing changing responsibilities, with an organized approach and a constructive mindset.
• Clear and impactful communication skills, both oral and written, that connect with team members and different audiences alike.
• Take initiative in resolving issues in a structured methodical manner.
• Have a deep sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment.

 

Who we are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.

 

Note*: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We'll seek your explicit consent prior to processing the data.