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.
Knowledge Skills and Abilities, Key Responsibilities:
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.
Abilities, Experience and Qualifications:
- Candidates should have preferably 3+ years work experience with the following:
- Degree or equivalent experience in 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
- Shipping background is a plus
Key Relationships and Department Overview:
Key Relationships:
- Chartering
- Operations
- Post fixture
- Finance & Accounting
