At a Glance
- Tasks: Lead business analysis and drive change in energy trading risk management.
- Company: Join CFP Energy, an award-winning group providing innovative energy solutions.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Why this job: Be part of a global transformation initiative that impacts sustainable energy solutions.
- Qualifications: Extensive experience in energy derivatives and financial risk metrics required.
- Other info: CFP Group values diversity and is committed to equal opportunities.
The predicted salary is between 48000 - 72000 £ per year.
CFP Energy is a vibrant, award-winning, commodity trading and supply group comprised of several high-growth businesses. We provide innovative energy solutions that empower businesses to prosper in a sustainable world. As a Risk Business Analyst at CFP you will work with business and technology colleagues to analyse and help implement the process and system changes needed to deliver the risk management capabilities underpinning the companies’ needs and vision.
As an experienced IT Business Analyst within the Energy Trading Risk domain, you will be involved in the delivery of a key global transformation initiative. As a member of the product team, working autonomously and within a team, you will play a pivotal role working with business stakeholders, product owners and technical teams alike in driving and guiding change and efficiency across the organisation. You will be required to elicit and document requirements from different stakeholders, propose solutions to problems and be the link with the engineering team to deliver change.
Essential functions of the job:
- Business Analysis & Delivery: Lead business requirement gathering and documentation for prioritised enhancements, projects, and defects in the change management repository. Plan, deliver, and assure business analysis deliverables. Drive and manage scope and design, assessing risks, feasibility, opportunities, and business impacts of various solutions.
- Stakeholder Management: Build and maintain relationships with key stakeholders, keeping them informed and managing expectations. Ensure transparent communication with business collaborators throughout the lifecycle of change processes. Maintain and build key relationships with external IT teams and internal business collaborators.
- Innovation & Improvement: Alongside the Product Owner, generate innovative approaches to existing problems or new opportunities. Standardise and reinforce processes for eliciting requirements, designing, and validating system functionality. Ensure solutions deliver benefits aligned with longer-term strategic goals.
- Technical Skills & Coordination: Operate as a Business Analyst across functions, translating business needs into functional designs for technical teams. Capture and prioritize features and functionality within the delivery backlog. Ensure developed items meet business requirements before formal release management cycles.
- Change Management: Participate in backlog grooming activities as part of scrum prioritization. Coordinate change across different delivery teams, managing conflicting priorities. Ensure strategic alignment with IT projects, goals, and architecture. Manage functional delivery through various digital disciplines, securing business sign-off for solutions.
Skills and experience required:
- Extensive experience with the modelling of energy derivatives, both OTC and exchange-traded, including delta 1 derivatives, vanilla and exotic options.
- Detailed knowledge of financial risk metrics and the associated calculation.
- Experience operating within commodities and/or financial markets and associated Trading processes.
- Utilisation of data driven analysis and modelling to prototype problem solutions.
- Experience working in and around ETRM applications and specialist risk modelling software.
- Exposure to the full trade lifecycle with a focus on trade valuation & risk management.
- Demonstrable experience of coordinating complex change.
- Delivered change under both waterfall and agile SDLC methodologies.
The CF Group is committed to ensuring equal opportunities, fairness of treatment, dignity and respect, and the elimination of all forms of discrimination in the workplace for all employees/contractors and job applicants.
Senior Risk Business Analyst (ETRM) employer: CFP Energy (UK) Ltd
Contact Detail:
CFP Energy (UK) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Business Analyst (ETRM)
✨Tip Number 1
Familiarise yourself with the specific energy derivatives and risk metrics mentioned in the job description. Understanding these concepts will not only help you during interviews but also demonstrate your genuine interest and expertise in the field.
✨Tip Number 2
Network with professionals in the energy trading and risk management sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss your experience with both waterfall and agile methodologies. Be ready to share specific examples of how you've successfully managed change in previous roles, as this will be crucial for demonstrating your fit for the position.
✨Tip Number 4
Research CFP Energy's recent projects and initiatives. Being knowledgeable about their current challenges and successes will allow you to tailor your discussions and show how your skills can contribute to their ongoing transformation efforts.
We think you need these skills to ace Senior Risk Business Analyst (ETRM)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in energy trading and risk management. Focus on your skills in business analysis, stakeholder management, and any specific ETRM applications you've worked with.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the energy sector and how your background aligns with CFP Energy's mission. Mention specific projects or experiences that demonstrate your ability to drive change and innovation.
Showcase Technical Skills: Clearly outline your technical skills related to financial risk metrics and energy derivatives. Provide examples of how you've used data-driven analysis to solve problems in previous roles.
Highlight Change Management Experience: Discuss your experience in coordinating complex changes within organisations. Emphasise your familiarity with both agile and waterfall methodologies, and how you've successfully managed conflicting priorities in past projects.
How to prepare for a job interview at CFP Energy (UK) Ltd
✨Understand the Energy Trading Risk Domain
Make sure you have a solid grasp of energy derivatives, both OTC and exchange-traded. Brush up on financial risk metrics and their calculations, as this knowledge will be crucial in demonstrating your expertise during the interview.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've built and maintained relationships with stakeholders in previous roles. Highlight your ability to manage expectations and communicate effectively throughout change processes, as this is key for the role.
✨Demonstrate Your Problem-Solving Abilities
Be ready to discuss innovative approaches you've taken to solve complex problems in past projects. The interviewer will be looking for your ability to propose solutions and drive efficiency, so come prepared with specific examples.
✨Familiarise Yourself with Agile and Waterfall Methodologies
Since the role involves delivering change under both agile and waterfall methodologies, be prepared to discuss your experience with each. Share how you've coordinated complex changes and managed conflicting priorities in these environments.