Overview
Product Risk Analyst Jobs in Johannesburg at Glencore
Job highlights
Full time
Johannesburg, Gauteng, South Africa
Product Control
Job ID
R200001167
Closing date
21/05/2025
Last Updated
14/05/2025
Product Risk Analyst
Risk, Marketing Department
Melrose, Johannesburg
We are looking for an engaged candidate with a solid interest in commodity risk management to become part of the Product Risk team in our Melrose office. The chosen person will be motivated to advance their knowledge and skills in the area of risk management. And a commitment to contributing to a collaborative team environment focused on professional development.
The main tasks and responsibilities include:
Daily and Monthly Reporting
Generate accurate and timely daily Profit and Loss (P&L) reports.
Produce daily position reports with breakdowns by strategy, region, and instrument.
Collaborate with the accounting team to reconcile month-end P&L.
Commodity Trading & Risk Management System Oversight (CTRM)
Collaborate with relevant functions to maintain data quality and integrity within the CTRM platform.
Liaise with IT and front office to support system enhancements, conduct UAT (User Acceptance Testing), and implement improvements to streamline workflows.
Act as a key contact for troubleshooting system issues, coordinating with relevant teams to resolve data and functional inconsistencies promptly.
Project & Strategic Initiative Support
Contribute to the automation and standardization of daily reporting processes.
Cross-Desk Support: Participate in cross-training initiatives to build understanding across multiple metal trading desks.
Assist in the execution of ad-hoc strategic projects and business initiatives, such as new commodity onboarding, regulatory compliance reviews, or risk framework enhancements.
Qualifications and requirements:
An advanced tertiary qualification is required, and a professional certification such as the CFA or FRM will be viewed favorably.
1 – 3 years of product risk/risk management/middle office experience in a commodity trading or financial institution.
Working knowledge of commodity trading systems and ERP integration.
Advanced knowledge of MS Office tools, especially Excel.
Advanced English language ability, both written and spoken.
Our Ideal Candidate:
Keen interest in commodity risk management, process automation, internal control, efficiency and improvement.
Skilled at managing changing responsibilities, with an organized approach and a constructive mindset.
Clear and impactful communication skills, both oral and written, that connect with team members and different audiences alike.
Take initiative in resolving issues in a structured methodical manner.
Have a deep sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment.
Who we are
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.
Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.
Note*: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We’ll seek your explicit consent prior to processing the data.
Title: Product Risk Analyst
Company: Glencore
Location: Johannesburg
