Job Description
Product Risk Analyst
Location: Melrose Arch, Johannesburg, South Africa
Department: Oil Market Risk
Joining a dynamic team, the successful incumbent will have the opportunity to gain insight into the risk department. The risk department is an independent function aiming to control front-line trading and ensure that the risk-reward of the trading books is properly understood by Glencore senior management and that the physical exposure of the business – e.g., oil cargoes, electricity generation, gas deliveries – is correctly valued. This position requires the individual to provide support and a clear, proactive approach to communication to the London Risk Managers, Senior Risk Management, and traders.
PRIMARY TASKS & KEY RESPONSIBILITIES:
- Responsible to provide support and a clear, proactive approach to communication to the London Risk Managers, Senior Risk Management, and traders.
- Responsible for calculating and running daily risk reports, including the desk’s P&L.
- Assisting in the development of new and existing systems, processes, and reports.
- To communicate results effectively with traders and senior management.
- To proactively identify and communicate issues that may cause a surprise and ensure that reports or measurements present a reflection of this.
- To regularly engage in discussion with London Risk Managers and Senior Risk Management.
- Identify and present issues to the London teams, clearly and logically.
- Any other ad hoc duties that may be required from time to time.
KEY RELATIONSHIPS:
- London Risk Managers
- Senior Risk Management team
- Traders
QUALIFICATIONS:
- A relevant Bachelor’s Degree.
- Preference will be given to candidates with a Bachelor’s or Honour’s Degree in Finance, Risk Management, Economics, Computer Sciences, Engineering (Electrical, Mechanical, Chemical)
WORK EXPERIENCE & SKILL REQUIREMENTS:
- Working experience and exposure of 2-3 years in same or similar environment will be highly advantageous.
- Coding skills in VBA, Python, preferred.
- Strong Excel skills.
- Multi-tasking and excellent management of time and priorities is essential.
- Strong verbal and written communication skills that work effectively within team and different audiences at all levels.
- High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines.
- Pro- active, committed and highly motivated.
- Ability to work independently.
- Ability to work well in a team.
- Strong problem solving and decision-making skills.
- Ability to absorb and work under pressure.
- Good organization and co-ordination skills required.
How to apply:
Please apply on the Careers Portal: Applications Close:
https://www.glencore.com/careers/career-opportunities 16 October 2026
This vacancy will be filled in line with the Employment Equity Plan of Glencore. By applying for this position, you consent to Glencore collecting, storing, using, destroying, and processing in any other manner personal information for purposes of attending to this advertisement, and/ or all matters relating thereto, including the disclosure to third parties of such personal information for purposes of confirming such personal information. In the event you do not hear from the Company within 21 days after the closing date of applications, please consider your application to have been unsuccessful. The CVs of unsuccessful candidates will not be returned.
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. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.
With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices.
Glencore’s customers are principally 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.
Important information
This material does not purport to contain all of the information you may wish to consider. For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore’s 2025 Annual Report, which is available at glencore.com/publications. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from any future events, results, performance, achievements or other outcomes expressed or implied by such forward-looking statements. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities.
Other information
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.
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