At a Glance
- Tasks: Analyse market risks in energy sectors and enhance control metrics.
- Company: Join a global team focused on digitising and decarbonising the energy sector.
- Benefits: Enjoy flexible working options and a commitment to work-life balance.
- Why this job: Make a global impact while working in a diverse and innovative environment.
- Qualifications: Experience in energy risk analysis and proficiency in Excel and programming languages required.
- Other info: Application process is human-reviewed, ensuring a personal touch.
The predicted salary is between 36000 - 60000 £ per year.
You will beresponsible for establishing and enhancing metrics and limits to ensure appropriate control over risks across all commercial activities, to include commodities such as power, gas, and certificates. You will develop, implement and utilise models and tools for the Market Risk team and perform analyses across the company’s existing and expanding portfolio on positions, P&L, VaR, scenarios, stress testing, and other risk-related topics.
In this role youwill also propose and produce risk proposals, securing buy-in from management and key stakeholders, and will improve risk policies and frameworks to ensure they remain current. You will lead and coordinate the team in being operationally ready to onboard new business activities and input opinion and recommendations to the team and the business on an array of risk topics.
What skills/experience do I need to be successful?
- Substantial 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;
- Developed controls and limits such as on positions and P&Ls for monitoring business activities;
- Authored proposals and papers, and successfully managed stakeholder engagement processes within an analytical or commercial context;
- Experience of driving the planning and implementation of projects, such as onboarding new business activities, making system or process updates, etc;
- Advanced user of Excel and ability to program in at least one language, such as Python, SQL, R, or VBA.
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 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.
Check out all our current open positions
#J-18808-Ljbffr
Market Risk Analyst - Energy employer: SmartestEnergy
Contact Detail:
SmartestEnergy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Analyst - Energy
✨Tip Number 1
Familiarise yourself with the latest trends and developments in the energy sector, particularly around market risk. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
✨Tip Number 2
Network with professionals in the energy and risk management fields. Attend industry events or webinars to connect with potential colleagues and learn more about the challenges they face, which can give you valuable insights to discuss during your interviews.
✨Tip Number 3
Brush up on your technical skills, especially in Excel and programming languages like Python or SQL. Being able to showcase your proficiency in these areas can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 4
Prepare to discuss your previous experiences with stakeholder engagement and project management. Be ready to share specific examples of how you've successfully navigated complex situations, as this will highlight your ability to lead and coordinate effectively within a team.
We think you need these skills to ace Market Risk Analyst - Energy
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Market Risk Analyst in the energy sector. Familiarise yourself with key concepts such as VaR, P&L, and risk analysis techniques relevant to commodities like power and gas.
Tailor Your CV: Highlight your experience in risk analysis, pricing, or analytics within the energy sector. Be specific about your skills in developing controls and limits, and mention any programming languages you are proficient in, such as Python or SQL.
Craft a Compelling Cover Letter: Use your cover letter to demonstrate your understanding of the company's mission and how your background aligns with their goals. Discuss your experience with stakeholder engagement and your ability to drive project planning and implementation.
Prepare for Interviews: Anticipate questions related to your analytical skills and experience in the energy sector. Be ready to discuss specific projects where you have successfully managed risk and how you would approach onboarding new business activities.
How to prepare for a job interview at SmartestEnergy
✨Showcase Your Analytical Skills
As a Market Risk Analyst, you'll need to demonstrate your ability to perform extensive risk analysis. Be prepared to discuss specific examples of how you've computed volatilities, correlations, and P&L distributions in previous roles.
✨Familiarise Yourself with Risk Metrics
Understand key metrics such as Value-at-Risk (VaR) and stress testing. During the interview, be ready to explain how you have developed and implemented these metrics in past projects, and how they can be applied to the company's portfolio.
✨Engage with Stakeholders
Since stakeholder engagement is crucial for this role, prepare to discuss your experience in authoring proposals and managing relationships. Highlight any successful projects where you secured buy-in from management or key stakeholders.
✨Demonstrate Technical Proficiency
Being an advanced user of Excel and having programming skills in languages like Python or SQL is essential. Be ready to showcase your technical abilities, perhaps by discussing a project where you used these tools to enhance risk analysis or reporting.