FINANCIAL RISK ANALYST

Job title:

FINANCIAL RISK ANALYST

Company

Saipem

Job description

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into five business lines – Asset Based Services, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. The company has 8 fabrication yards and an offshore fleet of 23 construction vessels (of which 21 owned and 2 owned by third parties and managed by Saipem) and 15 drilling rigs, of which 8 owned. Always oriented towards technological innovation, the company’s purpose is “Engineering for a sustainable future”. As such Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, it is present in more than 50 countries around the world and employs about 30,000 people of over 120 nationalities.Always committed to promoting and supporting the values of diversity and inclusion, Saipem confirms its commitment to valuing differences as a source of mutual enrichment. To this end, it promotes and encourages conditions that allow the removal of every obstacle that limits the full expression of people and their complete development within the organization. It protects and guarantees work conditions that respect individual dignity, while promoting a collaborative, harmonious, fair and supportive work environment.PURPOSE OF THE POSITION:The resource will be part of the Financial Risk Function and he/she will be in charge of:ACTIVITIES

• Analysis and identification of financial risks connected to the group’s projects and activities (Exchange Rates, Commodities, Interest Rates, Liquidity and Counterparties risk);
• Definition of the Hedging Strategy at Group level and appropriate Derivatives to be negotiated to manage Financial risks. Ensure compliance to Group Financial Risk Policy and Hedge Accounting coordination according to IFRS 9 principles;
• Definition and calculation of Key Risk Indicators and related thresholds for the identified Financial risks. Development of market models to estimate the counterparties financial reliability and use of statistical techniques to estimate potential losses from Exchange Rates, Commodities and Interest Rate exposures (i.a. VaR, Stressed VaR, CVaR, Monte Carlo etc.).
• Credit Risk assessment of Saipem Group commercial and financial counterparties in line with the guidelines defined by IFRS9 – Impairment principle. Development of internal credit scoring model.

QUALIFICATION

• Master’s degree and/or professional certification in the area of finance or risk management (e.g. CFA or FRM);

YEARS OF EXPERIENCE:

• Around 3/5 years of experience in Treasury/Corporate Finance in an international MNC environment with an experience in the field of financial risk management and/or financial modelling;

IT SKILLS

• Knowledge of Bloomberg and/or Refinitiv is considered an asset;
• Advanced knowledge of MS Excel, Word and PowerPoint. Knowledge of VBA for Excel and Power BI is considered a plus;

KNOWLEDGE OF ENGLISH LANGUAGE:

• Fluent in English;

SOFT SKILLS

• Team player, able to show initiative and to have a pro-active attitude.

LABOUR RELATIONSHIP: PermanentLOCATION, Milano RogoredoPRIVACY POLICYAll interested candidates (L.903/03) are invited to consult the privacy policy (art. 13, D. Lgs. 196/03 and art. 13 GDPR 679/16).

Expected salary

Location

Rogoredo, Milano

Job date

Sat, 26 Oct 2024 06:58:19 GMT

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