Freight Risk & Market Analyst

Job description

Main purpose As a Freight Risk and Market Analyst, based in Athens, you will be part of the Shipping Deals Desk, our middle office team providing market and risk analysis globally on a real time basis. The team’s primary responsibilities revolve around monitoring all elements of risk and exposure related to commercial activity and report it directly to the Management Board daily. Commercially, the team contributes by providing to chartering team with risk assessments and analysis which highlight their exposure, optionality and P&L. These reports are essential to help them make the right commercial decisions and optimize the opportunities their portfolios generate. Key responsibilities Independently rationalise the economics applied to various trading strategies and shipping exposure. Apply forward curve on daily basis for physical and derivative markets to current position and to analyze the impact on the trading P&L. Produce daily commentary for board of directors / traders to explain the change in the trading P&L due to market variations or changes in estimated/actual economics for each deal. Analyse exposure and M2M profit and loss on physical/derivative portfolios. Allocate all physical and derivative transactions to accurate trading strategy. Ensure all market price risk is captured and hedge actions implemented. Assess implication of changes to future physical deliveries and report and discuss impact of hedge strategy. Creation and maintenance of ad-hoc reports to assist in any area of position reporting/structure/hedging (data integrity/trade entry/irregular business structures). Full responsibility for integrity of data in trading systems that is used to generate the above items of hedge strategy. Required qualifications 1-5 years relevant work experience Degree or equivalent experience in Shipping, Business, or Economics Proficient in Excel Excellent English oral and written Ability to work in a fast-paced environment Good market analysis skills Strong interpersonal skills Should be meticulous and innovative Familiarity with using multiple systems is a plus Preferred qualifications Familiarity with using multiple systems is a plus Attributes for success Ownership: Takes responsibility for accuracy and timely resolution of issues and deadlines. Attention to Detail : Demonstrates diligence and solid understand of receivables, challenge the results of what has been produced prior to distributing it. Challenge : Thrives to improve processes and procedures to maximize efficiency. Organizational Skills: Manages multiple priorities while maintaining data integrity. Resilience: Thrives in a fast-paced, high-pressure environment with competing priorities. Department overview The Global Deals Desk is a critical team responsible for delivering daily visibility into commercial activity for both traders and senior management. The team ensures accurate mark-to-market valuation by updating trading activity in real time. Additionally, the Deals Desk monitors market exposure and raises orders as needed to mitigate risk wherever possible and ensures accurate execution of trade deals. Deals Desk team offers an outstanding learning experience in the world of shipping and trading. Key Relationships: Chartering Operations Post fixture Finance & Accounting Equal opportunity employer We are an Equal Opportunity Employer and take pride in a diverse workforce! We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.