Risk MI Analyst - Energy Markets in Newcastle upon Tyne

Risk MI Analyst - Energy Markets in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 28800 - 48000 £ / year (est.) On-site
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At a Glance

  • Tasks: Analyse data to support credit risk decisions in the energy market.
  • Company: Leading energy business in North East England with a focus on innovation.
  • Benefits: Competitive salary, career development, and a supportive team environment.
  • Other info: Great commuting options from Newcastle-Upon-Tyne and surrounding areas.
  • Why this job: Join a dynamic team and make an impact in the energy sector.
  • Qualifications: Numerical degree and experience with SAS, SQL, Python, or R.

The predicted salary is between 28800 - 48000 £ per year.

A large energy business in North East England is currently seeking an experienced numerical analyst to join their expanding credit risk teams to provide insight and support via extensive data analysis. Programming/modelling experience in SAS is ideal but also Python, SQL, R, C++ are also acceptable. This is an excellent opportunity for someone with data analysis or risk analyst experience looking to develop their knowledge and skill sets of credit risk processes within the UK energy markets.

Key responsibilities will include:

  • Production of reliable, analytically derived business proposals, to time and quality.
  • Production of regular reliable risk metric MI.
  • The design of analytics samples that yield the most reliable and powerful insights to support business case proposals.
  • Develop and maintain the production of regular MI to support the monitoring and evaluation of credit risk KPIs, key drivers and performance of credit risk strategies.
  • Develop and maintain the production of credit loss forecasts.
  • Understanding often obscure and esoteric data and systems issues, selecting and matching data series from across different systems captured at different points in time, with different quality issues, to produce contiguous data sets for reliable analysis and risk metric MI.
  • Develop proposals, based largely upon data analytics to model the long term value of the change.
  • Estimating and delivering credit loss assumptions for input into proposals initiated by other areas of the business (e.g., product development proposals, marketing campaign proposals).
  • The design and maintenance of data tables in warehouses to maximise their re-use potential across disparate analytics projects, minimising analytics turnaround times and maximising productive capacity.
  • Work with internal colleagues and with suppliers to define requirements, procure, build, test and implement new credit risk capabilities such as new data sources, new scores, new systems and operational processes.

Ideal qualifications, skill sets and experience:

  • Strong academic background with a numerical/statistical/science based degree.
  • Highly numerate with strong data analysis experience.
  • Analytical experience with either SAS, SQL, Python, C++ or R is required.
  • Credit Risk process experience would be ideal but not essential.
  • Commercial P&L analysis and statistical model development experience ideal but not essential.
  • Experience in the domestic energy retail sector highly advantageous.

If you have the relevant energy background or career experience skill sets, and would like to know more about the above opportunity, then please apply now.

Due to the amount of applications we receive on a daily basis unfortunately we are only able to respond to the successfully shortlisted candidates. If you have not heard from us within 3-5 days of applying for this position, your application was not successful on this occasion. We may however be able to contact you with a more relevant position at a later date.

Risk MI Analyst - Energy Markets in Newcastle upon Tyne employer: Connect Executive Resourcing Limited

Connect Executive Resourcing Limited is an excellent employer for graduates looking to kickstart their careers in the energy sector. With a strong focus on skill development and a collaborative work culture, employees benefit from engaging with diverse stakeholders and gaining valuable insights into the UK energy industry. Located near Croydon, this role offers unique opportunities for professional growth and meaningful contributions to energy sales and compliance tasks.

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Contact Details:

Connect Executive Resourcing Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk MI Analyst - Energy Markets in Newcastle upon Tyne

✨Tip Number 1

Network like a pro! Reach out to people in the energy sector, especially those working in credit risk. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Show off your skills! If you’ve got experience with SAS, Python, or SQL, make sure to highlight that in conversations. Bring examples of your work to interviews to demonstrate your analytical prowess.

✨Tip Number 3

Prepare for the interview by brushing up on industry trends and challenges in the UK energy markets. Being knowledgeable will show you’re genuinely interested and ready to contribute from day one.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Risk MI Analyst - Energy Markets in Newcastle upon Tyne

Data Analysis
SAS
Python
SQL
R
C++
Credit Risk Processes

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Risk MI Analyst role. Highlight your numerical analysis skills and any experience with SAS, Python, SQL, or R. We want to see how your background fits with what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk in the energy sector and how your skills can contribute to our team. Keep it concise but impactful!

Showcase Relevant Experience:When detailing your experience, focus on projects or roles where you've worked with data analysis or credit risk processes. We love seeing real examples of how you've tackled challenges and delivered results.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Connect Executive Resourcing Limited

✨Know Your Numbers

As a Risk MI Analyst, you'll be dealing with a lot of data. Brush up on your numerical skills and be ready to discuss how you've used data analysis in previous roles. Be prepared to share specific examples of how your analytical insights have driven business decisions.

✨Showcase Your Programming Skills

Make sure you highlight your experience with programming languages like SAS, Python, SQL, or R. Bring along examples of projects where you've used these skills to solve complex problems or improve processes. If you can, prepare to discuss the technical challenges you faced and how you overcame them.

✨Understand the Energy Market

Familiarise yourself with the UK energy market and current trends. Being able to discuss recent developments or challenges in the sector will show your genuine interest and understanding of the industry. This knowledge can set you apart from other candidates.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about how you would approach designing analytics samples or developing credit loss forecasts. Practising these scenarios can help you articulate your thought process clearly during the interview.