Senior Market Risk Analyst (m/w/d)

Job Description

Liaise with E.ON Energy Market (EEM) traders, originators and sales staff to understand and challenge proposed hedging strategies and commodity contracts; Monitor the PnL and risk metrics of EEM's portfolio. Report to the management performance and compliance with the policy; Review new products or transactions to identify and quantify their risks (e.g. options, Financial Transmission Rights, PPAs, gas storages, batteries, etc.); Develop reporting tools and automate risk monitoring processes; Review the application of risk metrics in the Regional Units (RUs) with the aim to ensure alignment in definition and application; Quantify portfolio effects and correlations between RUs and between different risk types; Facilitate best practice transfer between RUs; Develop, maintain, and enhance quantitative risk models to assess and price market risks for our energy trading and customer portfolios; Monitor the performance of risk models and suggest improvements based on new research and industry trends; Prepare and deliver ad-hoc analysis, reports and presentations for stakeholders and E.ON SE committees (Market Committee, Risk Committee); Interface with various central and unit stakeholders: EEM's Front Office, Controlling, Accounting, Regional Risk functions, etc.

Qualifications

• University degree in a quantitative/financial/information technology or risk management discipline;
• Good working knowledge of VaR, option theory, econometrics;
• Solid knowledge of financial instruments (Futures, Swaps, Forwards, Options) and their valuation;
• Excellent understanding of commodity markets (power, gas, certificates) and underlying energy economics;
• Proficient with SQL and Python based data modelling and data engineering ideally using Cloud technologies and a keen interest to practically work with further integrating, automating and expanding our reporting setup;
• Experience with renewable energies, flexibilities or short-term optimization would be advantageous;
• Strong analytical skills, accurate and attention to detail;
• Minimum of 5 years experience in risk management or trading within a fintec, investment bank, hedge fund, consulting, or energy (trading) company;
• Proactive, good communicator and team player;
• Enthusiastic and agile approach to work with a drive to learn and make continuous improvements;
• Languages: English, German would be advantageous.