Senior Market Risk Analyst - Energy

Job Description

As a Senior Market Risk Analyst, you'll play a pivotal role in protecting and enabling our commercial strategy by developing robust risk frameworks, delivering insightful analysis, and influencing key business decisions.

Working across our expanding portfolio of power, gas, and environmental products, you'll use advanced analytics, modelling, and market expertise to identify, measure, and manage risk, while helping to evolve our risk capabilities as the business grows.

This is an exciting opportunity for an experienced market risk professional to make a tangible impact in a collaborative, commercially focused environment.

How will I spend my time in this role?

• Develop, implement and utilise risk models and tools for the Market Risk team, such as for analysing market liquidity, prices, volatilities and correlations amongst other factors.
• Review and make recommendations on risk models and tools on behalf of other business teams, influencing their development, improvement, and adoption.
• Proactively undertake regular and bespoke analyses across the company's existing and expanding portfolio, on risk topics covering wholesale market instruments and exposures, underlying positions, risks and P&Ls, as well as scenarios, stresses, VaR, and other key factors.
• Establish and enhance metrics and limits to ensure appropriate control over exposures, positions, values, and risks, across all market risk generating business activities, to include commodities such as power, gas, and certificates.
• Develop market risk proposals and manage the stakeholder engagement and committee approval processes. Revise and improve risk policies and frameworks in line with new approvals and business changes.
• Backtest models, tools, limits, and controls, spearheading enhancements and additional measures.
• Champion operational readiness planning and implementation to support the department and the wider organisation in onboarding new business activities and their associated risks.

What skills/experience do I need to be successful?

• Experience in the energy sector in a risk, pricing, or analytics role.
• Performed an extensive spectrum of risk analysis on aspects such as prices, market liquidity, and portfolio positions, such as computing volatilities, correlations, P&L distributions, value-at-risk, risk premia, etc.

What sets us apart?

• Global Impact: With offices in the UK, US, and Australia, and plans for further expansion, you'll be part of a dynamic, globally-minded team, with opportunities to explore new markets and make a difference on a global scale.
• Flexible Working: Embrace the freedom to work from anywhere in the world for up to 30 days a year. We prioritize work-life balance, recognizing that your well-being matters. Find out more here.
• Commitment to Diversity and Inclusion: We celebrate our diverse culture and value individuals irrespective of background, disability, religion, gender identity, sexuality, or ethnicity. Join a team where diversity is not just welcomed but celebrated as a key driver of growth and innovation.

What does hybrid working mean to us?

Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.

What happens next?

Once we receive your application, it will be reviewed by a human - no bots here! The average process typically takes around 2-3 weeks, with 2 stages of video interviews using Teams. However, this can vary depending on the role. We may invite you for a face-to-face meeting or require only 1 video interview. If you have any questions or need support, our Recruitment Team is here to assist you.

Ready to join us on our journey to digitise, decarbonise, and localize the future of energy? Apply now.

We're committed to making the application process easy and comfortable. Let us know how we can help you with any reasonable adjustments that can be tailored to your needs. At the bottom of each of our adverts you can find one of our recruitment teams' contact details. Please reach out so we can discuss with you further.