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For Companies At a Glance
- Tasks: Monitor risks, perform valuations, and support trading operations in a fast-paced environment.
- Company: Join a leading global trading organisation in the energy sector.
- Benefits: Enjoy competitive pay, health benefits, and opportunities for career growth.
- Why this job: Be part of a dynamic team making impactful commercial decisions in energy trading.
- Qualifications: 5+ years in risk management with a relevant degree; strong analytical skills required.
- Other info: Experience with ETRM systems and programming skills are advantageous.
The predicted salary is between 72000 - 84000 £ per year.
Location: London
Experience Level: 5+ years
Industry: Energy Trading (Gas & Power)
Employment Type: Full-time
Salary: £90-100k
Position Summary: We are seeking a detail-oriented and analytical Trading/Risk Analyst with 5+ years of experience in the natural gas and power trading sector. The ideal candidate will support daily risk management operations, monitor trading activities, and ensure compliance with the firm’s risk limits and controls. This position is critical in delivering insights and analysis that help guide commercial decisions in a fast-paced trading environment.
Key Responsibilities:
- Monitor and report daily market, credit, and operational risks associated with gas trading portfolios.
- Perform mark-to-market (MtM) valuations, P&L attribution, and risk metrics such as VaR, stress testing, and scenario analysis.
- Work closely with trading, scheduling, and commercial teams to understand deal structures and exposures.
- Validate and maintain pricing curves, volatilities, and valuation models for physical and financial instruments.
- Ensure accurate trade capture and position reporting; resolve trade discrepancies and coordinate with middle and back office.
- Assist in the development and refinement of risk policies, procedures, and controls in accordance with internal governance and external regulations.
- Support regulatory reporting and audits (e.g., FERC, CFTC, REMIT, Dodd-Frank).
Qualifications:
- Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or related field. Master’s or CFA a plus.
- 5+ years of experience in risk management or middle office roles within an energy trading firm (preferably gas and/or power).
- Strong understanding of energy markets, trading instruments, and risk drivers.
- Experience with ETRM systems (e.g., Endur, Allegro, RightAngle) and advanced Excel; Python or SQL skills are a plus.
- Excellent communication and problem-solving skills with strong attention to detail.
- Ability to work in a dynamic, deadline-driven environment.
What We Offer:
- Competitive compensation and bonus structure
- Comprehensive health and retirement benefits
- Dynamic, entrepreneurial team environment
- Opportunities for growth within a global trading organisation
Trading/Risk Analyst - Gas and Power employer: Innowave
Contact Detail:
Innowave Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading/Risk Analyst - Gas and Power
✨Tip Number 1
Network with professionals in the energy trading sector. Attend industry conferences, webinars, and local meetups to connect with people who work in gas and power trading. Building relationships can lead to valuable insights and potential job referrals.
✨Tip Number 2
Stay updated on market trends and regulatory changes in the energy sector. Follow relevant news sources, subscribe to industry publications, and engage in discussions on platforms like LinkedIn. This knowledge will not only help you in interviews but also demonstrate your passion for the field.
✨Tip Number 3
Familiarise yourself with ETRM systems and tools mentioned in the job description, such as Endur or Allegro. Consider taking online courses or tutorials to enhance your skills in these areas, as practical knowledge can set you apart from other candidates.
✨Tip Number 4
Prepare for technical interviews by practising common risk analysis scenarios and calculations relevant to gas and power trading. Brush up on your understanding of VaR, stress testing, and mark-to-market valuations to showcase your analytical skills effectively.
We think you need these skills to ace Trading/Risk Analyst - Gas and Power
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in energy trading, particularly in gas and power. Emphasise your analytical skills and any specific tools or systems you've used, such as ETRM systems or advanced Excel.
Craft a Strong Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Mention your 5+ years of experience in risk management and how it aligns with the responsibilities listed in the job description.
Highlight Key Skills: In your application, focus on key skills mentioned in the job description, such as mark-to-market valuations, P&L attribution, and risk metrics. Provide examples of how you've successfully applied these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Trading/Risk Analyst role.
How to prepare for a job interview at Innowave
✨Know Your Numbers
As a Trading/Risk Analyst, you'll need to demonstrate your understanding of key metrics like VaR, P&L attribution, and stress testing. Brush up on these concepts and be ready to discuss how you've applied them in your previous roles.
✨Familiarise Yourself with ETRM Systems
Since experience with ETRM systems is crucial for this role, make sure you can talk about your familiarity with tools like Endur or Allegro. If you have any specific examples of how you've used these systems, share them during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss past projects where your analytical skills made a significant impact. Highlight how you approached complex problems, the methodologies you used, and the outcomes of your analyses.
✨Understand the Regulatory Landscape
Given the importance of compliance in this role, brush up on relevant regulations such as FERC and Dodd-Frank. Be prepared to discuss how you've navigated regulatory challenges in your previous positions.
