Risk Analyst

Risk Analyst

Manchester 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

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 the 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 PLC

Inspired PLC is an exceptional employer that prioritises employee growth and development, offering comprehensive training opportunities and a flexible work culture that promotes work-life balance. As a home-based Risk Analyst, you will enjoy the autonomy of remote work while being part of a dynamic team dedicated to tackling the climate emergency, all within a supportive environment that values your contributions and rewards your ambition.
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Contact Detail:

Inspired PLC 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 and opportunities within this field will help you engage in meaningful conversations during interviews.

✨Tip Number 2

Brush up on your analytical skills, especially in relation to risk management and quantitative analysis. Being able to demonstrate your ability to work with complex data sets will 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 build connections that could 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. Highlight any relevant projects where you've successfully managed data or supported teams, as this will resonate well with the role's requirements.

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
Experience with Large Data Sets
Time Management Skills
Interpersonal Skills
Team Collaboration
Proficiency in Microsoft Excel
Adaptability to New Software Platforms
Attention to Detail
Communication Skills

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 experience you have in risk management, data analysis, or the energy sector. Use specific examples to demonstrate your analytical skills and ability to work with complex data sets.

Showcase Your Skills: Make sure to mention your proficiency in Microsoft Excel and any other relevant software platforms. Discuss your problem-solving abilities and how you've successfully collaborated with teams in previous roles.

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. Be sure to convey your enthusiasm for contributing to their mission of helping clients achieve net zero.

How to prepare for a job interview at Inspired PLC

✨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 or projects. Highlight your experience with large datasets and any relevant software tools you've mastered.

✨Understand the Energy Sector

Familiarise yourself with current trends and challenges in the energy industry. Being knowledgeable about sustainability and energy management will demonstrate your genuine interest in the role and the company’s mission.

✨Prepare for Technical Questions

Expect questions that assess your understanding of risk management, probability, and statistics. Brush up on these concepts and be ready to explain how they apply to real-world scenarios, especially in relation to energy trading and hedging.

✨Demonstrate Team Collaboration

The role requires working closely with various teams. Prepare to share examples of how you've successfully collaborated with others in past roles. Emphasise your interpersonal skills and ability to build strong relationships within a team setting.

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