Shell India | Senior Specialist - Market Risk

Responsibilities

• The role requires strong analytical capabilities, stakeholder management skills, and the ability to translate complex risk metrics into meaningful business insights for senior management.
• You’ll be able to balance your priorities as you become the best version of yourself.
• Progress as a person as we work on the energy transition together.
• Our three capability centres across Bangalore and Chennai serve as a technology and innovation powerhouse for Shell globally, working as a delivery engine for core technical, digital, and finance processes: pioneering digital innovation and cutting-edge technologies across the energy sector.
• Analyse and explain daily P&L movements and key portfolio risk drivers.
• Perform risk analysis using Value at Risk (VaR), stress testing, sensitivity analysis, and other market risk methodologies.
• Monitor trading exposures and limits in accordance with the Trading Control Framework and Manual of Authorities (MOA).
• Provide insightful risk commentary on commodity trading portfolios, particularly Gas and Power.
• Conduct ad hoc data analysis and reporting using trading risk databases and reporting tools.
• Partner with traders, business stakeholders, and technology teams to investigate and resolve risk reporting and application issues.
• Develop and maintain reporting solutions, dashboards, and performance metrics.
• Lead business improvement initiatives and risk-related projects with tight delivery timelines.
• Ensure compliance with regulatory requirements, SOX controls, Shell Control Framework, and internal policies.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with unique expertise.

Requirements

• Postgraduate degree in Statistics, Mathematics, Finance, Economics, Science, or a related quantitative discipline.
• Strong understanding of market risk concepts including VaR, stress testing, sensitivity analysis, basis risk, volume risk, and currency risk.
• Knowledge of commodity markets, preferably LNG, Natural Gas, and Power trading.
• Experience working with risk management platforms such as Endur and Nucleus.
• Ability to analyse large datasets and communicate findings effectively to senior stakeholders.
• Strong stakeholder management, problem-solving, and project leadership capabilities.
• Experience supporting trading and risk management functions within commodity markets.

Shell

Shell's history in India goes back to 1928, when it began operating here as Burmah Shell. The group's parent, Shell plc, is incorporated in the United Kingdom and has been run from London since it simplified its share structure in 2022; its shares trade in London and Amsterdam, with ADSs on the NYSE. Shell is an integrated energy and petrochemicals group. In India it sells fuel through its own retail stations, blends lubricants at Taloja in Maharashtra and operates the Hazira LNG receiving terminal in Gujarat. It also has a technology centre in Bengaluru and a finance operations centre in Chennai that works for Shell businesses in other countries.

Chennai is where Shell's India finance roles are based. Current examples include FP&A advisers and managers, a controller lead role and analysts who handle trading settlements. Postings generally prefer a professional accounting or finance qualification, an MBA or a degree in accounting, finance or business, and one senior reporting role asks for an accounting qualification with ten or more years in financial reporting.

• Industry: Integrated energy and petrochemicals: oil and gas, LNG, fuel retail, lubricants
• Headquarters: London, United Kingdom (Shell plc)
• In India: Shell India Markets Private Limited (registered office in Chennai, office in Gurugram); finance operations centre in Chennai, technology centre in Bengaluru, Hazira LNG terminal in Gujarat and a lubricants blending plant at Taloja