Vitol logo

Risk Strategist

Vitol
Full-time
On-site
London England United Kingdom
Vitol
Company Description

Vitol is the largest independent energy and commodities trading company. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly.

Vitol in a few numbers:

Financials: $330bn revenues in 2024
Physical footprint: Over 7 million barrels per day of crude oil and energy products and, 250 ships transporting our cargos at any point in time
Capital investments: Over $2.5 billion of capital committed to renewable projects. In addition to storages, refining capacity, service stations, etc.
Diverse workforce: 40 offices worldwide, 65 nationalities

For more information: vitol.com

Job Description

In order to better equip the front office teams, and in the context of tremendous growth in our trading portfolios, we are developing a greenfield Risk & PnL engine within our CTRM (Commodity Trading & Risk Management system). We are seeking someone with strong C++ and Python development skills, coupled with an understanding of risk and an interest in commodities trading. You will join a small team, mostly based in London.

In this role, you will:

Design: Functionalities, tools and reports, with the business, translating business requirements into technical designs. This requires gaining a deep understanding of our trading business, deal structures, risk management concepts, etc.
Develop: Leverage core components of this new Risk & PnL engine, and other parts of the CTRM to develop these functionalities, tools and reports for the business.
Deploy: Roll-out of the new Risk & PnL engine to our business, across desks and locations.

As a Risk Strategist you will be at the crossroads of the development of this new Risk & PnL engine, facing both business priorities and technical challenges. You will face ambiguous problems requiring you to define not only the answer but also the question.

Qualifications

What you need to bring

C++ & Python: 3+ years developing in C++ and some experience in Python on enterprise-level solutions. Demonstrated experience in the development of robust, maintainable and extensible code.
Experience working with trading desks and the technology they use.
Excellent communication and interpersonal skills. Full proficiency in English.
Strong sense of ownership, ability to work independently as well as in a team. Exemplary work ethics.
University degree (Bachelor or Master) in a technical field.

Qualifications that will help you stand out

Experience with derivative risk concepts including option pricing and Greek risk measures.
Energy markets experience.
Experience in developing UIs in React.

Additional Information

What we can offer:

Competitive compensation and benefits package.
Exposure to a wide range of commodities, in energy and beyond, and unparalleled depth, from financial trading down to physical assets.
Being part of a team of a diverse and experienced developers & quants team developing a cutting-edge Risk & PnL engine from scratch.
Unrestricted access to trading desks, in a collaborative and flat working environment.
Strong commitment of management & trading desks to the development and deployment of this new Risk & PnL engine.
An international and collaborative workforce and team, across continents.
Your role in global energy flows and challenges.