Senior Risk Analyst

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We AreWe are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.
Fostering an Inclusive Work Environment
To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.
Job SummaryOur Commercial business manages the company''s worldwide commodity, supply, and marketing needs. Working with leadership on the development of the risk management processes for expanded Crude, NGL, and LNG activities. In addition, working closely with Exploration and Production, Commercial adds significant value by improving ConocoPhillips supply chain management and growing its third-party global marketing business.
Based at our offices at Angel Court in London, reporting directly to the Manager, Europe Regulation, Compliance and Risk, the position is responsible for both monitoring and reporting of Risk related commodity positions and PandL within Gas, LNG, and Crude, using deal capture, position reporting and risk management systems and for the further development of those systems and processes. The position also serves as an integral element within the internal control environment by ensuring positions are marked to market daily and risk management position reports are completed accurately and timely.
Position OverviewPrimary Role Objectives:
Use existing systems and spreadsheet tools to understand and summarize commercial commodity price-risk positions
Maintain MS Excel and MS Access based tools that leverage corporate systems for deal capture, position management, earnings and VaR
Monitor and report exposure, VaR, and risk results
Monitoring compliance with the company''s risk control policies and regional position limits
Coordinating reconciliation of paper and physical positions to systems of record, and front office control spreadsheets in support of daily reporting responsibilities
Support modelling of proposed trading scenarios and structured products
Develop understanding of Commodity markets, exposures, and risk management approaches
Through collaboration with Front Office, understand trading patterns and the infrastructure that moves gas, crude, or LNG from supply to market areas.
Perform independent analysis to address any commercial concerns, identify process improvements and efficiencies in existing practices
Utilise automation to strengthen process controls
Train and mentor other Risk Operations team members
Prepare a variety of ad hoc analysis and data tools to meet changing business needs
Participate in business improvement projects that might include supporting or leading cross-functional teams that implement systems enhancements, re-work business processes, or address enterprise risks
Competency Requirements
Required:
Knowledge of risk reporting and management systems
Experience that demonstrates analytical and problem solving capability
Degree in Maths, Computer Science or equivalent numerate degree
Demonstrable experience with MTM and VaR reporting, GAAP accounting and financial reporting, or engineering and quantitative analysis, ideally gained from working within Crude, Gas, LNG environment
Risk analyst experience
Proficient in the use of Microsoft Excel for maintaining Excel spreadsheets or development and maintenance of complex models
Preferred:
Experience at driving change to improve work processes
Experience of Energy Trading Risk Management systems and integration with other front and back office systems
Understanding of best practices in risk management and approaches for cross commodity portfolio risk management and reporting.
Experience performing stress tests and scenario analyses to assess the potential impact of extreme market events
Advanced proficiency in the use of Excel and development or maintenance of complex models
Intermediate proficiency in SQL, PowerBI, Python, Spotfire or related programs
Intermediate knowledge of financial products/contracts used in commodity trading and risk management (swaps, options, futures and forwards)
Intermediate knowledge of the Company''s risk management policies
Ability to interact with both finance and trading customers
Demonstrates a high level of personal initiative and sense of urgency to get the job done, both in handling technical tools and addressing business issues
Effectively handle challenging priorities to achieve results, particularly when new situations arise that requires resolution on short notice
Strong written and oral communication skills are important
Delivers results through realistic planning to accomplish goals
Builds effective solutions based on available information and makes timely decisions that are safe and ethical
Listens actively and invites new ideas for exchanged opinions, then influences and acts to drive positive performance and achieve results
Apply By:
Sept 26, 2025
Sponsorship:ConocoPhillips’ sponsorship for employment authorization in the country where this job is located is NOT available for this position.
EEO:ConocoPhillips is an equal opportunity employer.
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