Trading Risk and Operations Analyst

Who we are:

We are an energy trading company generating liquidity across global commodities markets. We combine deep trading expertise with proprietary technology and the power of data science to be the best-in-class. Our understanding of volatile, data-intensive markets is a key part of our edge. 

At Dare, you will be joining a team of ambitious individuals who challenge themselves and each other. We have a culture of empowering exceptional people to become the best version of themselves.

What you’ll be doing:

You will be working alongside the Trading Risk & Operations team as well as the trading floor, providing vital support to ensure the teams meet their objectives. The successful candidate will maintain and develop processes to facilitate seamless trading operations, giving us an edge in the market. Further responsibilities include:

• Liaising with Trading desks and Tech teams, supporting daily market activity.
• Continuous monitoring and reconciliation of trading positions and associated market/risk metrics.
• Ensuring regular reporting is produced to monitor and identify abnormal trades and positions as well as other key market risk metrics.
• Validating the accuracy and effectiveness of data sources used to produce a set of daily market risk reporting and analysis.
• Verifying and implementing settlement prices and data consumed across the company for trading and analysis purposes.
• Investigating, as required, abnormal data points by requesting further information from the Trading desks, Tech team, Exchanges, and other financial counterparties.
• Enhancing and automating tools, analysis, and reporting used by the team to report critical information to both Trading desks and senior management.
• Improving and maintaining internal policies and procedures followed by the team, ensuring completeness, and making sure that current practices remain within the company policy.
• Participation in various Risk and Tech/Data ad-hoc projects and providing both market and technology-related analysis.

What you’ll bring:

• University degree in a quantitative or technical field (Mathematics/Engineering/Computer Science/Economics/Finance).
• Experience in process automation/enhancement using at least one of the following coding languages: Python, Excel-VBA, SQL, and Tableau.
• Effective communication skills with the ability to solve problems and communicate answers.

Desirable:

• Previous exposure to the energy markets (oil, gas, and power, etc.)
• Experience with Derivatives (futures/options, greeks, etc.).
• Knowledge/experience in any of the following tools: Bloomberg, Platts, Reuters, Trayport, TT, ICE Connect, WebICE, CME Direct, SPAN GUIs.
• Independent troubleshooting and issue resolution.
• Previous experience dealing with compliance and legal matters.
• Project management, professional or personal context (side/DIY project, others).

Benefits & Perks:

• Vitality health insurance and dental cover
• 38 days of holiday (including bank holidays)
• Pension scheme
• Annual Bluecrest health checks
• A personal learning & development budget of £5000
• Free gym membership
• Specsavers vouchers
• Enhanced family leave
• Cycle to Work scheme
• Credited Deliveroo dinner account
• Office massage therapy
• Freshly served office breakfast twice a week
• Fully stocked fridge and pantry
• Social events and a games room

Diversity matters:

We believe in a workplace where our people can fulfil their potential, whatever their background or whomever they are. We celebrate the breadth of experience and see this as critical to problem-solving and to Dare thriving as a business. Our culture rewards curiosity and drive, so the best ideas triumph and everyone here can make an impact.

Please let us know ahead of the interview and testing processes if you require any reasonable adjustments or assistance during the application process.

We’re also proud to be certified a ‘Great Place to Work’. Read more about our culture and what our team says about us here.