Shell Quantitative Risk Analyst (Houston, TX) in Houston, Texas

Auto req ID 38020BR

Job Title Quantitative Risk Analyst (Houston, TX)

Country of Work Location United States

Work Location Houston, TX

Company Description Shell is a global group of energy and petrochemicals companies with over 90,000 employees in more than 70 countries and territories. In the US, we have operated for over a century and are a major oil and gas producer onshore and in the Gulf of Mexico, a recognized innovator in exploration and production technology, and a leading manufacturer and marketer of fuels, natural gas and petrochemicals. We deliver energy responsibly; operate safely with respect to our neighbours and work to minimize our environmental impact. We are in search of remarkable people who will thrive in a diverse and inclusive work environment to deliver exciting projects locally and globally. People who are passionate about exploring new frontiers. Innovators and pioneers. People with the drive to help shape our future. Because remarkable people achieve remarkable things.

Job Description

This position is responsible for the assessment and implementation of quantitative controls, processes and procedures for STUSCO Crude's independent middle office/risk management oversight of crude activity within the Shell Trading Network (STN) as guided by the established governance processes, policies and procedures. Candidate will be required to do the following:

  • Utilize analytical and quantitative methodologies for daily risk monitoring, financial and transactional modeling and valuation

  • Develop, calculate and validate the daily statistical/risk analytics for various deal types in global crude trading and risk management - emphasis on option modeling and time series analysis

  • Perform scenario analysis, stress testing, and back testing of models to assess the impact of commodity price movement,s potential future exposure, credit risk metrics, and liquidity risks, gross margin at risk, and support regulatory and compliance requests

  • Validate and maintain asset valuation models. Develop models for long and short term price volatility of market curves to support portfolio valuation and management decisions

  • Work with the front office and originators to interpret and analyze complex risks of the business portfolio, including long term structured contracts, to determine the appropriate modeling to ensure accurate valuation and risk assessment

  • Familiar with Endur, MarketView, QlikView and other future applications as required by the business

  • Research and monitor industry best practices and apply quantitative and statistical techniques to assist in the development of effective risk limits

  • Develop integrated web based reports

  • Build technical community between crude risk and SARP team, ensure consistency in model development and related controls


  • Must be a U.S. Citizen, or hold a valid work visa that does not require sponsorship in order to legally work full-time in the United States

  • Must have a masters degree in computer science or operation research, physics, applied math, mathematical finance, economics, finance or statistics

  • Direct experience in an energy trading and risk management organization preferred with a fundamental understanding of trading, risk, trading influences, deal structures and types, P&L, mark to market, position reporting, and structured deal evaluation

  • Excellent quantitative skills and knowledge in economics, statistical methods, or operations research required

  • Must have a strong foundation and modeling capabilities in the valuation of derivative products including forward s and futures contracts, simple and exotic options, structuring energy transactions within crude and refined products

  • Technology orientation with extensive programming experience in SAS, Matlab, R and/or other statistical software suites

  • Strong communication skills with the abilit to handle and prioritize several tasks simultaneously

  • Detail oriented, able to work independently and to collaborate with other team members and departments

  • Strong follow-through, capability to be independent from front office and deliver important information to management in a timely manner; must be able to meet deadlines

  • Demonstrated initiative and creativity in problem solving


No. of Positions 1


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Removal Date 09-Nov-2016