Risk Software Engineer, Sg

COMPANY DESCRIPTION

About the Company

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, Coal and Freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM’s shareholders are among the world’s largest utilities.

JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. These insights enable it to help its customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

JERAGM LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets. The coal team manages 60 million tonnes of supply each year for its shareholders and third-party customers and operates a major coal terminal in the Netherlands.

Headquartered in Singapore, JERAGM has a global talent pool of more than 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$3 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

**DESIGNATION**: Risk Software Engineer, SG

RESPONSIBILITIES

Position Description

JERAGM require an experienced software engineer to work alongside analysts within the Risk functions to specify, design, develop, improve and optimise systems to, for example:
Value energy transactions, both financial and physical transactions including a linear and non-linear payoffs;
Calculation of financial performance, Marked to Market and Profit and Loss measures;
Assess financial market risk for the organisation, i.e. VaR or related measures;
Processes for the statistical estimation of market parameters;
Source market and fundamental data, and support the development of a platform to access this data;
Store data for future consumption;
Redesign ETL systems/services to fit better in the long term development plan of the company

The role is intended to be the keystone technical resource in the Risk and Control teams. Acting as a conduit with the wider IT teams to provide analysts in the risk and control teams at JERAGM with a best practice technology platform to build the Middle Office reporting tools. The current tools are implemented in a variety of techniques and technologies ranging from Excel spreadsheets and Python tools, both on local desktops and in the cloud.

These tools are often developed rapidly to meet emerging business needs, and over time become essential operational tools. This role will support the Risk functions by providing guidance as to how to best make use of the technology, and also by adding the technical firepower to keep these tools robust and performant.

Working closely with the business, this role will identify where more strategic solutions are required and will then help to deliver such work by developing robust, supportable and architecturally-aligned systems, frameworks and infrastructure.

Key Role Responsibilities

**The Risk Software Engineer will**:
Embed themselves within Middle Offices teams to tackle technical problems with tools, models and analytics written in Excel and Python. Work collaboratively and iteratively directly with the business to manage an agreed backlog of such problems.

Collaborate with both the IT and Risk team to ensure that solutions are engineered appropriately for their scale, criticality and strategic importance.

Have a strong engineering focus and eye for high quality delivery. They will be expected to build robust, high-quality systems using modern software engineering techniques including automated unit/integration testing, continuous integration and automated deployment. They must also be driven to automate everything as this is ingrained in the culture of the rest of the team and provides significant long term benefit.

Take ownership of their own learning/research to gain a deep understanding of how JERAGM’s business teams operate and how the full transaction cycle within a multi-commodity energy trading environment works. This is essential to facilitate direct communication with users and other stakeholders with mínimal hand-holding from Business Analysts

Provide 3 rd line production support for systems developed

Work closely with other IT stakeholders to ensure that solutions are in alignment with IT strategy around business architecture, infrastructure architecture and technology. JERAGM make heavy use of the Azure platform and Microsoft technologies such as.NET for more tackling more robust software problems. The Risk Software Engineer will be responsible for aligning their solutions to this high level strategy.

Work with the IT Operations/Infrastructure team to deploy soluti