Shell

, India

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

February 2, 2026

Business Unit:

Finance

Experience Level:

Experienced Professionals

Job Description:

Job Description:

The Senior Valuation Analyst reports to the Head of Valuation, the Valuation team is responsible for ensuring complex or long dated deals are represented to full tenor in the trade book, accurately measured and valued, with any reserves clearly defined.

The successful candidate must be results-oriented, self-motivated and have the ability to thrive in small teams and very fast-pace environments. This role requires frequent interaction with Risk Managers, Traders, Finance, Technical and Derivative Accounting, Model Validation and Quantitative Risk. The candidate must have the ability to work independently, excellent communication and organizational skills, and a deep understanding of fair value principles and valuation of commodities and derivatives.

Responsibilities
• Develop standard deal entry methodologies for complex and long dated contracts, ensuring that difficult to value elements such as physical optionality are considered. Ensure that these deals are valued in accordance with financial and management accounting requirements.
• Ensure that all exposures generated from complex or long term deals are fully understood and that these exposures and resultant P&L are properly evaluated, validated and analysed prior to any income being reported.
• In collaboration with Market Risk teams, developing and maintaining asset-backed risk owned models e.g. storage or pipelines used in the trading books ensuring they fairly represent the inherent risk in the portfolio.
• Documenting and deploying consistent standards for value recognition across commodity lines.
• In collaboration with Market Risk, develop and apply fair economic value principles across the businesses, coordinating across the global risk managers to ensure consistent application. This includes providing modelling support and challenge with stakeholders on valuation inputs and parameters.
• Ensure that all complex and long term transactions are properly captured in the trading system.
• Develop methodologies for extending forward curves beyond the liquid transparent tenor for the valuation of long term deals.
• Provide analysis, review and comments on New Business Proposals. Where applicable, provide peer review and challenge to the deal proposals for other businesses. Ensure that the systems and support functions are ready for when trading commences.
• Assess the risks associated with structured deals and the valuation models used for physical/financial trading and hedging, at times building out models to calibrate performance of such deals.
• Provide detailed analysis and documentation of methods, techniques, and findings. Well documented processes enable team members to build new achievements upon earlier work.
• Engage in innovative research tasks for the team and risk management such as designing methodologies to quantify risks which lie outside of our current established risk metrics.
• Investigate and manage large data sets, ensuring consistency and quality. Build tools to enable the data to be easily accessed by analysts across Risk. SQL and Python are the preferred languages for accessing and manipulating datasets within Shell.
• Implement industry best practices in commodity trading risk management and fair value accounting.
• Support digitalization and automation to smooth the flow of information across the business and to remove manual tasks.
• Carry out the review and execution of SOX controls within their organisation, and manage communications with auditors after they are completed.

Competencies
• Understanding of embedded physical optionality and how optimization of physical portfolios changes exposures. Knowledge of option theory and financial modelling.
• Strong business analysis skills, modelling capabilities, research and problem-solving skills, computer skills, technologically oriented.
• Excellent communication skills; the role will require writing documentation, research reports, new policies, and presenting analysis and insights to senior stakeholders. Due to the global nature of the business the role requires communicating using different methods, in a variety of formats, to people in many countries.
• Team player, good interpersonal skills. Flexible to work with colleagues across numerous time zones with both Market Risk at the Trading Hubs in London, Rotterdam, Houston, Dubai and Singapore; but equally the Business Operations centres in Chennai, Manilla, Bangalore.
• Ability to articulate and communicate complex scenarios and ideas in a clear and concise manner whilst understanding the perspective and experience of others. Ability to challenge sensitive issues constructively whilst maintaining working relationships.
• This is a role for a person who brings diversity of thought, who is not afraid to speak up and who is comfortable challenging senior stakeholders.
• Proactively identify and communicate potential issues with the appropriate teams or stakeholders. Making sure problems raised are followed up and worked on until completion.
• Able to collaborate and produce good quality output with members of other teams using virtual chains of command.
• Ability to train, coach and mentor junior members of the team, as well as members of other teams who require knowledge or skills that Risk can provide.

Requirements
• Degree in Business, Economics, Mathematics, Science, Engineering or IT; or relevant workplace experience in the energy trading industry. Advanced degree or certificate preferred.
• Thorough understanding of financial, commodity and energy markets; derivative instruments and hedging techniques. Understanding of options theory and it’s application to commodities and asset valuation.
• Experience (5+ years) within a trading and risk management organization, including a strong understanding of trading, operations, risk, compliance and mid/back office business processes, policies, procedures and controls.
• Intermediate to Advanced Excel skills; such as pivot tables, lookups, VBA macros.
• Knowledge of scripting languages which enable data gathering and transformation such as Python, and database languages such as SQL would be useful.
• Experience with Endur, DEX or comparable energy trading risk management system and ability to fully leverage its functionality.
• Intermediate to Advanced Excel skills; such as pivot tables, lookups, VBA macros.
• Ability to work under pressure, formulate and articulate solutions and defend assumptions
• Ability to solve real world business problems using quantitative and computational techniques
• Reliable, dependable and disciplined. Excellent attention to detail, methodical, organized.
• Resilient when working under pressure, with the ability to priories tasks to meet key deadlines.
• Good judgement to provide advice, question discrepancies, escalate issues.
• Scientific mindset; identify, investigate, analyse, research, discuss, record, and resolve issues.
• Learner mindset; innovative and creative, excellent problem-solving capabilities.
• A critical and strategic thinker, with a long term view on risk but with a short term and pragmatic view on implementation.

An Innovative place to work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Our business has been built on a foundation of innovative technology and skilled employees. By providing energy to sustain people’s lives for more than a hundred years, Shell has become one of the world’s leading companies.

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future. At Shell, everyone does their part.

An Inclusive place to work

Shell is working to become one of the most diverse, equitable, and inclusive organizations in the world. We are taking steps to create an environment where everyone – from our employees, to our customers, partners, and suppliers – feels valued, respected, and has a strong sense of belonging.

To achieve this, we must ensure all people are treated fairly, irrespective of their race, color, religion, age, gender, sexual orientation, gender identity, marital status, disability, ethnic origin, nationality, or other status.

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.

We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.

We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible

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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.