Senior Quantitative Risk Analyst in London
Senior Quantitative Risk Analyst

Senior Quantitative Risk Analyst in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
EDF Trading

At a Glance

  • Tasks: Design and develop cutting-edge risk metrics tools for energy trading.
  • Company: Join EDF Trading, a leader in low-carbon energy solutions.
  • Benefits: Enjoy hybrid working, private health insurance, gym memberships, and more.
  • Why this job: Make a real impact in a dynamic energy market with a diverse team.
  • Qualifications: 3+ years in quantitative risk management; PhD or MSc preferred.
  • Other info: Collaborative environment with excellent career growth and networking opportunities.

The predicted salary is between 48000 - 72000 £ per year.

When you join EDF Trading, you'll become part of a diverse international team of experts who challenge conventional ideas, test new approaches, and think outside the box. Energy markets evolve rapidly, so our team needs to remain agile, flexible, and ready to spot opportunities across all the markets we trade in power, gas, LNG, LPG, oil, and environmental products.

EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it's experience that makes us leaders in the field. Energy is what we do.

Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.

Gender balance and inclusion are very high on the agenda at EDF Trading, so you will become part of an ever-diversifying family of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.

Position Purpose

You will be a member of the Risk Metrics team, responsible for developing EDF Trading risk metrics tools.

Responsibilities

  • Responsible for designing, developing, and maintaining EDF Trading's quantitative risk metrics calculations (VaR, PFE, CaR, DV01 ...)
  • Work collaboratively with Market Risk, Credit Risk, Risk IT, the Quant Team, Treasury, and IT to deliver enhancements to EDF Trading Risk Metrics calculations and prepare EDF Trading's risk metrics platform for the future
  • Provide quantitative support to global risk teams, to Risk Control on quantitative analysis requested to support their daily publication of VaR, Credit Risk to support their publication of PFE and Treasury for Cash-at-Risk
  • Stay current with state-of-the-art latest quantitative modelling and proactively look to apply best practice

Experience Required

  • At least 3 years experience in a quantitative / risk management role for an energy trading company, investment bank, fintech or trading house
  • PhD or MSc in financial mathematics, applied mathematics or physics or similar experience
  • Proven track records of model development
  • Strong experience in model design, programming, and maintenance of model libraries
  • Expertise in options pricing theory and financial mathematics
  • Knowledge of energy commodities and derivatives products

Technical Requirements

  • Experienced in developing and supporting production risk models (VaR, PFE, CaR ...)
  • Good understanding of energy commodities and energy derivatives instruments
  • Strong knowledge of stochastic calculus
  • Strong programming skills in Python, MATLAB, SQL or equivalent.
  • Skilled in modern source-control and development best practice (e.g. TFS, GitHub, GitLab)
  • Proficient with Microsoft Office products

Person Specification

  • Excellent analytical skills
  • Strong attention to detail and focus on accuracy of information
  • Ability to manage multiple work streams in a trading environment of diverse and often conflicting pressures
  • Effective communication skills, with ability to articulate technical knowledge and complex concepts into clear concise analysis
  • Experience of working in a fast-paced environment is essential
  • Proactive

Hours of Work

40 hours per week, Monday to Friday

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Finance

Industries

Oil and Gas

Senior Quantitative Risk Analyst in London employer: EDF Trading

At EDF Trading, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment where innovation thrives. Our London-based team enjoys a comprehensive benefits package, including hybrid working options, private medical insurance, and opportunities for professional growth, all while contributing to the forefront of sustainable energy trading. Join us to be part of a diverse community that values collaboration and supports your career development in a rapidly evolving industry.
EDF Trading

Contact Detail:

EDF Trading Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Quantitative Risk Analyst in London

✨Tip Number 1

Don’t just sit back and wait for the job to come to you! Reach out directly to the job poster on platforms like LinkedIn. A friendly message expressing your interest can really make you stand out from the crowd.

✨Tip Number 2

Network, network, network! Attend industry events or webinars related to energy trading and risk management. You never know who might be looking for someone with your skills, and it’s a great way to get your foot in the door.

✨Tip Number 3

Show off your skills! If you’ve got a portfolio of projects or models you’ve worked on, don’t hesitate to share them. This gives potential employers a taste of what you can bring to their team.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the EDF Trading family.

We think you need these skills to ace Senior Quantitative Risk Analyst in London

Quantitative Risk Analysis
VaR (Value at Risk)
PFE (Potential Future Exposure)
CaR (Cash-at-Risk)
DV01 (dollar value of 01)
Model Development
Options Pricing Theory
Financial Mathematics
Energy Commodities Knowledge
Derivatives Products Knowledge
Stochastic Calculus
Programming in Python
MATLAB
SQL
Source Control (e.g. TFS, GitHub, GitLab)
Analytical Skills
Attention to Detail
Effective Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Quantitative Risk Analyst role. Highlight your experience in quantitative risk management and any relevant projects you've worked on. We want to see how your skills align with what we do at EDF Trading!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about energy trading and how your background makes you a perfect fit for our team. Remember, we love innovative thinkers who can challenge conventional ideas.

Showcase Your Technical Skills: Don’t forget to highlight your programming skills in Python, MATLAB, or SQL. Mention any experience with risk models like VaR or PFE. We’re looking for someone who can hit the ground running, so show us what you’ve got!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our diverse and dynamic team at EDF Trading!

How to prepare for a job interview at EDF Trading

✨Know Your Numbers

As a Senior Quantitative Risk Analyst, you'll need to be comfortable with key metrics like VaR and PFE. Brush up on these concepts and be ready to discuss how you've applied them in your previous roles. This shows you’re not just familiar with the theory but can also implement it practically.

✨Showcase Your Technical Skills

Make sure to highlight your programming skills in Python, MATLAB, or SQL during the interview. Prepare examples of projects where you developed or maintained risk models. This will demonstrate your hands-on experience and technical prowess, which is crucial for the role.

✨Communicate Clearly

You’ll need to articulate complex quantitative concepts clearly. Practice explaining your past projects or models in simple terms, as if you were talking to someone without a technical background. This will show your ability to communicate effectively with diverse teams.

✨Stay Current with Industry Trends

Energy markets are always evolving, so being up-to-date with the latest trends and technologies in quantitative risk management is essential. Research recent developments in energy commodities and derivatives, and be prepared to discuss how they might impact EDF Trading's strategies.

Senior Quantitative Risk Analyst in London
EDF Trading
Location: London

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