What are the responsibilities and job description for the Financial Risk Analyst position at thyssenkrupp Materials NA?
The Finance Risk Analyst at thyssenkrupp Materials plays a crucial role in identifying and mitigating potential market risks within our portfolio. This is a highly analytical and detail-oriented individual with a strong understanding of commodity markets and risk management principles. This person is passionate about navigating the complexities of the market and possesses exceptional problem-solving skills.
Key Accountabilities:
- Ensures appropriate application of accounting policies (mark to market) and procedures in accordance with the relevant statutory and thyssenkrupp Group policies and procedures
- Partners closely with the Head of Base Metals Trading and various other internal and external stakeholders to make recommendations
- Participates, with hands on responsibility in monthly, quarterly and annual closings and financial reporting and performance of the division, customer, and supplier account reconciliations and other reporting as required
- Monitors financial instruments, such as futures, forwards, and swaps– expiry dates and positions for the Metals Industry
- Conducts regular risk assessments and provides insights on potential market risks within the commodities portfolio
- Develops and implements risk management strategies to mitigate potential market risks
- Monitors and analyzes commodity market trends, including supply and demand factors, geopolitical events, and regulatory changes
- Collaborates with traders and other team members to identify and evaluate potential trading opportunities and associated risks
- Maintains accurate and up-to-date records of risk management activities and reports
- The above is intended to describe the general content of and requirement for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements.
Qualifications:
- Minimum Requirements:
- 4 Year / Bachelors Degree
- Bachelors degree in Finance, Accounting, or related field, or equivalent work experience
- 3 years experience in Finance/Accounting
Knowledge, Skills and Abilities
Job-Specific Knowledge, Skills and Abilities:
- Experience in accounting, commerce, and business, gained either locally or abroad
- Significant financial and analytical skills within a commercial environment, preferably gained within a larger group with international exposure
- Experience in Base Metals Trading, Commodity Hedging, LME/CME, risk management and mark to market reporting is preferred
- Proficient in MS Office, especially Excel
- Excellent communication skills
- Attention to detail with a focus on teamwork
- Comfortable in a fast pace environment and display a high level of enthusiasm to contribute to the team and overall performance of the company
Role-Specific Knowledge, Skills and Abilities:
- Knowledge of general processes and practices related to the position.
- Skilled in verbal/written communication and interpersonal abilities.
- Ability to take initiative and achieve results.
- Able for accurately assess, research, and analyze information to make sound decisions.
