Market Risk Analyst Intern

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TotalEnergies is seeking a Market Risk Analyst Intern in Geneva to join the Trading Support team under the Market Risk and Method Manager. The role focuses on measuring, analyzing, and monitoring P&L, exposure, and risk indicators such as VaR, drawdown and Profit at Risk across energy trading activities, with opportunities to develop tools and new risk metrics and to collaborate with Front Office, Operations, Back Office and Finance. Ideal candidates pursue a Master’s in Finance or quantitative discipline, with strong Python, VBA and SQL skills and experience in risk methodologies for commodities or FX. Tips: tailor your CV to risk modeling and reporting automation, show any energy market exposure, highlight collaboration skills, and confirm a tripartite agreement.

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Country Switzerland City GENEVE Workplace location GENEVE-WTC1(CHE) Employer company TotalEnergies Gas & Power Ltd Domain Finance Type of contract Internship Experience Less than 3 years

Context & Environment

We are committed to meet the energy needs of a growing population and we are committed to the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation. We are fully embracing the digital revolution.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success.
Reinforcing the competencies of our people is a key pillar of our culture: we train our people to ensure their development and we pledge to encourage safety in all our actions.
We look for passion, ambition and open-mindedness. While we evolve in a demanding industry that requests to be always on the edge, we cultivate a friendly workplace where our people feel good, where team spirit and respect guide our daily routine, where the diversity of our people and their skills create a nourishing experience for all of us.

You will work in the Trading Support department, under the supervision of Market Risk and Method Manager, and will seek to measure, analyse, and monitor the P&L, exposure and the various risk indicators (Value-At-Risk, Drawdown, Profit at Risk,…) of the Trading desks. You may be expected to develop new tools to secure and optimise the process and build new reports and market risk indicators adapted to the business evolutions. The position is based in Geneva and include oversight of energy markets.

We are looking to hire an intern to join our Market Risk and Method team.

Activities

As part of the Trading Support team, activities involve contributing to any risk control process of the entities covered by the Global team:

• Analyse, model, and report market risk for all trading activities. Assess and monitor physical and financial trades, transportation, storage, options portfolio and foreign exchange deals. Analyse mark-to-market valuations, risk positions, basis changes, and P&L results daily. 
• Develop and maintain risk reporting and analytical tools to communicate position, P&L and market risk to traders and management.
• Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system. 
• Design, develop and implement new risk metrics and new risk models. Evaluate model assumptions against fundamentals and communicate suggested modelling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operations, Back Office and Finance teams on inputs and assumptions.
• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGP’s multi-products trading activities. 
• Work closely with traders to quantify and explain the sources of risk in their portfolios. Promote innovative ways of leveraging existing data monitor and manage their risks.
• Contribute to the reporting of Trading Result / Position to Senior management.
• Support, identify, and assist in process improvement implementations, from system testing and implementations to desk level process.
• Work closely with Back Office, Finance, Credit, Legal & Compliance, Front Office to improve the flow of data across departments and the accuracy of analysis.
• Identify and communicate operational risks, define risk mitigating measures and priorities.

 

Accountabilities

• Compliance with internal trading limits.
• Accurate and independent analysis, valuation, and reporting of risk positions and trading results.
• External regulatory compliance

Candidate Profile

• Pursuing a Master’s degree or equivalent in Finance or Quantitative discipline.
• Strong programming skills (Python/VBA/SQL…) and visualization frameworks (PBI…).
• Experience in a role where you have been exposed to energy markets and commodity trading is appreciated.
• You have a comprehensive understanding of risk management methodologies (commodities/FX) and valuation models. 
• Strong analytical and problem-solving skills.
• High levels of numeracy and computer literacy.
• High degree of accuracy and efficiency under set deadlines.
• High levels of flexibility with regards working hours.
• Good interpersonal skills. 
• Fluent in English.
• A tripartite agreement is mandatory

Additional Information

TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

TotalEnergies has developed a strong expertise in oil and biofuels, natural gas, LNG, and electricity trading. Trading entities are based in Geneva, Paris, Houston and Singapore. TotalEnergies installed its European trading hub across in Geneva, which now bring together very large teams around trading activities: TotalEnergies Trading & Shipping (T&S) and TotalEnergies Gas and Power (TGP).

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies. As such, it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution.
The Trading division in Geneva is responsible for optimising the purchase & sales portfolios of gas, electricity, CO2 emissions, dry bulk, and LNG in all recognised markets worldwide, in compliance with the Company trading guidelines.
In such context, TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.