Risk Analyst

Risk Analyst

Kirkham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Risk team with trading, data management, and customer queries.
  • Company: Join Inspired PLC, a leading UK provider of energy and sustainability advisory services.
  • Benefits: Enjoy flexible work hours, training opportunities, and a 4pm finish on Fridays.
  • Why this job: Make a real impact in the climate emergency while developing your career in a supportive environment.
  • Qualifications: Degree in Engineering, Mathematics, or Economics; strong analytical skills required.
  • Other info: This is a home-based role with occasional office travel.

The predicted salary is between 36000 - 60000 £ per year.

Inspired PLC is a UK market leading technology enabled provider of energy and sustainability advisory services. Since 2000, it has grown in scale and capability and is servicing over 3,400 UK and Irish clients across all sectors. To enable businesses to respond to the climate emergency, we focus on solving their toughest challenges. By managing data comprehensively, sourcing energy sustainably and reducing carbon efficiently, we allow our clients to control costs effectively, make authentic ESG disclosures, improve their business performance, whilst powering their journey to net zero.

This role is ideally suited to a career minded, ambitious individual who is looking for that unique opportunity to prove what they can do and then be rewarded for it. We are looking for a Risk Analyst to join our successful Risk team. This is a Home Based role with some occasional travel to the office required.

Role and Responsibilities

  • The role of Risk Analyst is to support the Risk department and Internal Stakeholders in providing best in class service to customers of Inspired PLC who purchase their energy supply requirement via a Flexible Purchasing product.
  • The primary objective of the role is to assist Risk Directors/Managers with timely, accurate and comprehensive support.
  • The successful candidate's responsibilities will include but not be limited to:
  • Trading support, complete hedging requests for smaller Inspired customers and ensure timely and accurate deal capture in the appropriate systems.
  • Platform support, ensure that Platform Manager (ETRM) and Sugar (CRM) are up to date with accurate details and information for all customers and trades.
  • Monitor and check customer position reports and hedging performance.
  • Monitor customer energy usage, report against expected levels and support reforecasting.
  • Support the Risk Directors/Managers with administrative tasks.
  • Support Account Managers and Quality Assurance with any queries on customers trades, systems and reporting.
  • Support monthly Cost of Gas and Cost of Electricity, price validations for a variety of customers and products.
  • Ensure information systems are operated to the required standard to maintain accurate and secure records.
  • Liaison with the various divisions in Inspired PLC to support on delivering risk objectives.
  • Ad Hoc tasks as requested by your manager or departmental lead.
  • Read and comply with the company's Health and Safety Policy; taking reasonable care for the Health and Safety of themselves and others; co-operate with managers and other employees in fulfilling our objectives and statutory duties.

Experience and Qualifications

Essential:

  • Have a logical, analytical and pragmatic approach to problem solving.
  • Have a high numerical ability with analytical capability and a strong academic background.
  • Can learn new software platforms and ways of working.
  • Have a good understanding of risk management analysis, probability, statistics and quantitative analysis.
  • The ability to work with and analyse large, complex data sets across spreadsheets and databases.
  • Highly resilient, with experience of building strong relationships.
  • Demonstrate proven time management skills.
  • Be able to work with different teams to co-deliver solutions.
  • Possess excellent interpersonal skills and be a good team worker.
  • Degree level educated in an Engineering, mathematical or economic discipline.
  • A good working knowledge of Microsoft Office applications (Excel essential).

Desirable:

  • Energy industry experience.

What we offer

  • Training and development opportunities
  • Company pension
  • Flexible work hours
  • Sharesave scheme
  • Life insurance
  • 4pm finish on Friday
  • Access to a wide range of voluntary benefits through our Inspired Benefits Portal

If you are interested in the role and would like to be considered, please apply now and a member of our In House Recruitment Team will be in touch. Good Luck.

Risk Analyst employer: Inspired Energy Solutions Ltd

Inspired PLC is an exceptional employer that prioritises employee growth and development, offering comprehensive training opportunities and a supportive work culture. As a home-based Risk Analyst, you will enjoy flexible working hours, a competitive pension scheme, and unique benefits like a 4pm finish on Fridays, all while contributing to meaningful projects that help businesses navigate the climate emergency.
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Contact Detail:

Inspired Energy Solutions Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Familiarise yourself with the energy sector and current trends in sustainability. Understanding the challenges businesses face in this area will help you demonstrate your knowledge during interviews and show that you're genuinely interested in the role.

✨Tip Number 2

Brush up on your analytical skills, especially in relation to risk management and data analysis. Being able to discuss specific tools or methodologies you've used in the past can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the energy and sustainability sectors. Attend relevant webinars or local events to connect with industry insiders who might provide insights or even referrals for the Risk Analyst position.

✨Tip Number 4

Prepare to discuss your experience with software platforms like ETRM and CRM systems. If you have prior experience, be ready to share specific examples of how you've used these tools to support risk management or trading activities.

We think you need these skills to ace Risk Analyst

Analytical Skills
Numerical Ability
Problem-Solving Skills
Risk Management Analysis
Probability and Statistics
Quantitative Analysis
Data Analysis
Microsoft Excel
Time Management
Interpersonal Skills
Team Collaboration
Attention to Detail
Adaptability to New Software
Relationship Building

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to understand the responsibilities and qualifications required for the Risk Analyst position. Tailor your application to highlight how your skills and experiences align with these requirements.

Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in risk management, data analysis, or the energy sector. Use specific examples to demonstrate your analytical skills and problem-solving abilities.

Showcase Your Skills: Make sure to mention your proficiency in Microsoft Office applications, especially Excel, as well as any experience with software platforms relevant to risk analysis. Highlight your ability to work with large data sets and your strong numerical skills.

Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also explains why you are a great fit for Inspired PLC. Discuss your career ambitions and how this role aligns with your professional goals.

How to prepare for a job interview at Inspired Energy Solutions Ltd

✨Showcase Your Analytical Skills

As a Risk Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used analytical skills in previous roles, particularly in problem-solving scenarios. Highlight any experience with large datasets and how you approached complex analyses.

✨Demonstrate Industry Knowledge

While energy industry experience is desirable, showing a solid understanding of risk management principles and current trends in the energy sector can set you apart. Research Inspired PLC and be ready to discuss how their services align with your knowledge of the industry.

✨Prepare for Technical Questions

Expect questions that assess your technical abilities, especially regarding software platforms like ETRM and CRM systems. Familiarise yourself with these tools and be ready to explain how you would use them to support trading and risk management tasks.

✨Emphasise Team Collaboration

The role requires working closely with various teams. Prepare to share examples of how you've successfully collaborated in past roles, focusing on your interpersonal skills and ability to build strong relationships. This will demonstrate your fit within the team-oriented culture at Inspired PLC.

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