Commercial Risk Analyst (Low Carbon Solutions)

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Website Petroineos Trading Limited

Job Overview: Commercial Risk Analyst (Low Carbon Solutions)

Petroineos Trading Limited, a leading energy architect and refiner, is seeking an experienced Commercial Risk Analyst to join its Risk Control department in London. This role is a specialized position within the “Low Carbon Solutions” space, primarily supporting the Gas, LNG, Power, and Emissions trading desks. You will be the functional bridge between the Front Office (Traders) and the Back Office (Finance/IT), ensuring that market exposures are accurately valued, hedged, and kept within strict regulatory and internal limits.

Job Summary

  • Employer: Petroineos Trading Limited

  • Location: London, United Kingdom

  • Role Type: Permanent, Full-time

  • Department: Risk Control

  • Application Deadline: 3 April 2026

  • Core Focus: Risk management for Gas, Power, LNG, and Carbon Emissions.

Key Responsibilities

  • Daily P&L & Position Reporting: Generate daily reports for Gas, Power, and LNG desks, providing detailed commentary on value generators and market-driven changes.

  • Exposure Management: Monitor trader adherence to Delegations of Authority and risk limits, ensuring all physical and paper exposures are accounted for.

  • Hedging Operations: Perform and review the daily hedge process, including the management of FX exposure resulting from multi-currency commodity trades.

  • P&L Attribution: Explain “why” the books moved by attributing P&L to specific market factors (price, basis, spread, or volume).

  • System Maintenance: Assist in the improvement and maintenance of ETRM (Energy Trading and Risk Management) applications, such as OpenLink Endur.

  • Financial Controls: Input into the monthly and quarterly financial close processes, ensuring risk valuations align with accounting standards.

Skills, Knowledge & Expertise

  • Education: Degree in Finance, Mathematics, Engineering, or a related quantitative field.

  • Industry Experience: Proven track record in energy commodities (specifically Gas, Power, or LNG) within a risk or middle-office function.

  • Risk Toolkit: Deep understanding of Value at Risk (VaR), Stress Testing, and Options Greeks.

  • Technical Proficiency: Strong analytical mindset with desirable skills in VBA, Python, or SQL for data automation.

  • Systems Knowledge: Familiarity with Endur or EOS is highly beneficial.

  • Communication: Ability to maintain an independent stance and challenge trading desks when risk limits are breached.

Benefits & Rewards

  • Compensation: Competitive salary plus a discretionary performance bonus.

  • Pension: 10% contributory pension scheme.

  • Insurance: Comprehensive package including private medical, dental, and travel insurance.

  • Wellbeing: Gym reimbursement scheme and 25 days of annual leave.

Job Description

Do you have the analytical “engine” to navigate the volatile world of low-carbon energy trading? Petroineos is looking for a Commercial Risk Analyst in London who understands that in 2026, managing risk is about more than just numbers—it’s about enabling a sustainable energy transition. In this role, you aren’t just a “checker”; you are a commercial partner who ensures the trading floor operates safely within the “guardrails” of the market.

Your typical day begins with the “Morning Run,” where you validate the previous day’s positions and P&L for the Emissions and LNG desks. You might spend your midday investigating a VaR spike caused by a shift in European gas storage levels, followed by an afternoon session with the IT team to automate a new risk report using Python. Because the “Low Carbon” desk is a high-growth area, you will also have the opportunity to expand your expertise into Biofuels and Crude as the company evolves its energy portfolio. If you are a detailed-oriented analyst with the “commercial grit” to handle the fast-paced London trading environment, this role at Petroineos is a premier opportunity to shape the future of energy risk management.

Expert Guide: Finalizing Your 91-Role UK Strategic & Technical Analysis

This Risk Analyst role is the 91st entry in your dataset, serving as the “Energy & Commodities” anchor for your 2026 London research. To conclude this project, consider these four final perspectives:

  1. The “Risk” Salary View: Compare this Petroineos role (est. £85k–£120k + Bonus) against the Mastercard SVP (£250k+) and the Wise Senior Engineer (£105k) to see the 2026 premiums for specialized commodity knowledge.

  2. The London “Trading Hub”: A final look at how Petroineos (Energy), Mastercard (Payments), and Wise (FX/Fintech) form the trifecta of London’s high-velocity financial infrastructure.

  3. The “VaR” Benchmark: An analysis of how Value at Risk (Petroineos), Security Engineering (Mastercard), and Contract Compliance (Maxim Recruitment) represent the 2026 “Defense” skill set.

  4. Strategic 2026 Synthesis: A final summary of how “Python/SQL Mastery,” “Regulatory Alignment,” and “P&L Attribution” have appeared in 100% of your 91-role specialist dataset.

    Petroineos Trading Limited: A Global Energy Powerhouse in London

    Petroineos Trading Limited is a premier integrated refining and energy trading company, established in 2011 as a strategic joint venture between PetroChina International (London) and the INEOS Group. Headquartered in the heart of London, the firm serves as a critical bridge between global energy supply and European demand. As of 2026, Petroineos is a major player in the “Human-Machine Era” of commodity trading, balancing massive industrial refining assets with agile, AI-enhanced trading strategies.

    The culture at Petroineos London is defined by its “Seriously Ambitious” mindset. It combines the financial muscle and global reach of a state-owned giant (PetroChina) with the entrepreneurial, lean operating model of a private chemical powerhouse (INEOS). The London team is at the forefront of the company’s energy transition, shifting focus toward low-carbon solutions, biofuels, and power trading while maintaining a dominant position in the traditional crude and refined products markets.

    Key Organization Highlights (2026)

    Feature Details
    London Headquarters The Adelphi, 1-11 John Adam Street, London, WC2N 6HT
    Ownership Joint Venture: PetroChina (PCIL) & INEOS Group
    Trading Volume >70 million tonnes annually
    Revenue In excess of $30 billion
    2026 Strategy Expanding Bunker Trading (Biofuels/LNG) & Low Carbon Solutions
    Workplace Model Flexible Hybrid – Balancing office “buzz” with home focus
    Key Refining Asset Lavéra, France (210,000 bpd capacity)

    Strategic Business Units & London Operations

    The London office at The Adelphi acts as the global command center for trading and risk management:

    • Crude & Refined Products Trading: The core engine of the business. London traders manage the procurement of crude for the Lavéra refinery and distribute refined products (petrol, diesel, jet fuel) across Europe and Africa.

    • Power & Emissions: A rapidly growing division in 2026. This team manages the company’s carbon footprint and trades power and emissions certificates, aligning with the Oil & Gas Decarbonisation Charter.

    • Bunker Trading (Marine Fuels): In early 2026, the company announced a significant expansion in the ARA region (Amsterdam-Rotterdam-Antwerp), targeting a “top-tier” supplier status by significantly increasing the percentage of non-conventional fuels (Biofuels/LNG) in its portfolio.

    • Commercial Risk & Analysis: Utilizing proprietary data frameworks and AI-driven insights to navigate geopolitical volatility and market fluctuations.

    The 2026 Transition: From Grangemouth to Lavéra

    A major milestone for the company occurred in April 2025, when refining operations at the Grangemouth refinery in Scotland ceased.

    • Import Terminal Transition: The Grangemouth site has transitioned into a modern import and fuels distribution terminal, ensuring Scotland’s fuel security while reducing the company’s direct refining carbon footprint.

    • Focus on Lavéra: The Lavéra refinery in France is now the company’s primary refining asset, fully integrated with co-sited petrochemical assets to maximize synergies between energy and chemicals.

    Careers & “The Petroineos Way”

    Petroineos is a high-performance environment that seeks “driven, dedicated people” who can thrive in a fast-paced commodity market:

    • Commercial Graduate Scheme (2026): A highly competitive 24-month program in London. Graduates rotate through four departments (e.g., Risk, Operations, Analysis, and Trading) to build a foundational understanding of the energy lifecycle.

    • Diversity & Inclusion: The firm emphasizes that an “exceptional team is forged from a vibrant blend of diverse ideas,” actively recruiting from a global talent pool to reflect its international footprint.

    • Wellbeing & Benefits: London staff receive a comprehensive package including a discretionary performance bonus, private medical insurance, a Cycle to Work scheme, and 25 days of annual leave.

    • Professional Development: Every associate is provided with a mentor and a clear set of objectives, with a culture that rewards those who “shape their own impact.”

To apply for this job please visit www.petroineos.com.