Job Description

, United Kingdom

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

March 26, 2026

Business Unit:

Finance

Experience Level:

Experienced Professionals

What’sthe role

Shell Energy is at the heart of delivering Shell’s ambition to become a world-class investment case that powers progress byprovidinga diverse array of cleaner energy solutions. Shell Energy is an exciting, fast-moving business – and a key driver in being able to fulfil that ambition.

The Market Risk professional will be based in London, working closely with the tradingorganisation The Gas Market Risk Teamis responsible forunderstanding the European gas markets, and trading strategies employed byShell Energy – Europe & Africa (SE-EA)gas as well as be able to model the various complexities and optionality within the gas portfolio. The purpose of the role is to independentlyidentify, measure, and report on the level of risk from new business proposals, material contracts, and trading market conditionstoadvise the commercial teams on mitigation strategies and risk appetite. The role will provide risk assessments and insights to senior management while collaborating with and providing market specific information and advice to others in the global Finance and Risk Management organization.  The Gas Market Risk Team willprovidean independent view as to whether the organization is receivingappropriate compensationfor the risk they are taking.

The role works closely with risk leads for all parts of the risk management spectrum, as well as Front Office, Finance, Valuation, Compliance, and Back Office.

Whatyou’llbe doing

You willbe responsible forthe following:

• Develop a close partnership with the gas trading business to support new deals and appraise trading activities to ensure adherence to mandated exposure and risk limits.
• Independently assess and report on market risks arising from trading activities, structured deals, and new business proposals.
• Execute and enhance risk metrics and controls tailored to the gas portfolio.
• Provide input on valuation models, including non-linear products such as options, swing contracts, and storage.
• Work with the Valuation and Quantitative Analytics teams to understand and model embedded physical optionality and how optimization of physical portfolios changes exposures.
• Accelerate digitalization and automation to smooth the flow of information across the business and to remove manual tasks.
• Provide independent advice and guidance on the level of risk/return in the business and whether this is congruent with the agreed level of risk appetite.
• Ensuretimelyandaccurateexecution of SOX and key non-SOX controls for the business area and collaborate with other functions to ensure continuous improvement of controls/processes.
• Continue to develop fair economic value (FEV) principles, whilst ensuring consistency with the global T&S Risk Management policies

Whatyou bring

We are keen to hear from candidates with the following competencies:

• Capable of being independent from front office; able to objectivelyanalyseand report risks and exposures. Regularly engage in discussion with traders and management about exposure taken and resultant P&L

• Strong stakeholder engagement skills, having the self-confidence to challenge traders on deals, valuations, positions, limitmandates.

• Excellent communication skills: the role will require writing reports and policies and presenting analysis and insights to senior stakeholders.

• Experience with complex physical options valuation, including Gas Storage, transport, swing, diversion options.

We would also like to see the following:

• Preferred degree in Business, Economics, Mathematics, Science,Engineeringor IT; otherdegrees will be considered with relevant workplace experience in the energy trading industry.  Advanced degrees a plus

• Thorough understanding of financial, commodity and energy markets; derivative instruments and hedging techniques

• In depth knowledge of the gas, biogas and LNG trading, European pipeline/storage infrastructure, gas fields, and an understanding of the fundamental economics and pricing mechanisms of regional gas and LNG markets

• An understanding of the interdependencies with other asset classes, such as power,carbonand oil – and a good grasp of wider economic/geopolitical risk factors

• Substantial experience within a trading and risk management organization, including a strong understanding of trading, operations, risk, compliance and mid/back officebusiness processes, policies,proceduresand controls.

• Learner mindset; innovative and creative, excellent problem-solving capabilities

• Technologically oriented; ability to usenew technologiesto enhance existing controls, processes, and offer detailed trading insights.   

After you submit your application, you will receive an email from Shell providing a link to an online assessment (HireVue) that is a mandatory part of the process and has a validity period – please check your spam/junk mailbox if you do not see the email. Once completed, your application will be reviewed to determine next steps. Thank you for your interest in Shell.

What we offer

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet.You’llhave the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another.You’llbe able to balance your priorities as you become the best version of yourself.

• Progress as a person as we work on the energy transition together.
• Continuously grow the transferable skills you need to get ahead.
• Work at the forefront of technology, trends, and practices.
• Collaborate with experienced colleagues with uniqueexpertise
• Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
• Benefit from flexible working hours, and the possibility of remote/mobile working.
• Perform at your best with a competitive starting salary and annualperformancerelatedsalary increase – our pay and benefits packagesare considered to beamong the best in the world.
• Take advantage of paid parental leave,including fornon-birthingparents.
• Join anorganisationworking to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation,and life experiences to apply.
• Grow as you progress through diverse career opportunities in national and internationalteams.
• Gain access to a wide range of training and developmentprogrammes

We are committed to attracting a broader and more diverse pool of candidates. If this positiondoesn’tfeel like the perfect fit for your qualifications right now,we’dstill love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.

Shell is working to advance an inclusive, psychologicallysafeand accessible environment where people with disabilities can excel. If you require any accommodations or accessibility adjustments (e.g. assistive technology, communication support, any other) during the application or interview process, please let us know directly viacareers@shell.com . We strive to ensure that our process and workplace is accessible to everyone and are dedicated to making reasonable adjustments to support your needs.

Shell inThe United Kingdom

Shell UKremainsone of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. Butperhaps themostrecognisableface of Shell in the UK is our network of over 1,000 Shell-branded service stations.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customersdecarbonisewith a focus on transport and industry.

Shell is a vital contributor to the UK, supporting energy security,jobsand economic value. We provide energy to fuel homes, hospitals, schools, vehicles,machineryand factories. Our history here datesbackover 125 years. A UK-headquartered global energy leader, and leading FTSE multinational, we are active across the country’s energy system.

In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customersdecarbonisewith a focus on transport and industry.

-

DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.