At a Glance
- Tasks: Analyse market risks and prepare insightful reports for energy trading activities.
- Company: Join EDF Trading, a leader in sustainable energy solutions.
- Benefits: Enjoy hybrid working, health insurance, gym memberships, and more.
- Other info: Dynamic work environment with excellent networking opportunities and career growth.
- Why this job: Make a real impact in the evolving energy market with a diverse team.
- Qualifications: Degree in Maths, Physics, Economics or related fields; risk management experience preferred.
The predicted salary is between 50000 - 70000 £ 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.
Job Description:
The Market Risk team provides an independent view of EDF Trading’s market risk exposure for all physical and financial energy trading activity. The team is responsible for the design of risk methodologies, implementation of a suitable risk control framework and providing quantitative and qualitative market risk analysis and control solutions.
Position purpose
- Prepare daily, weekly and monthly market risk reports including VaR, options and stress testing.
- Analyse and quantify the risk of the company’s portfolio across commodities and products.
- Prepare analysis as directed by manager for consideration by the Global Risk Committee.
- Take ownership of trading desks and be in a position to explain/challenge strategies and conduct deep-dive analysis.
- Be able to present analysis in front of an audience.
- Interact daily with trading desks and analytics teams to review positions, exposures, and market developments.
- Monitor and articulate key risks using metrics such as VaR, stress testing, liquidity and concentration analysis, and P&L attribution.
- Contribute to the design, implementation and development of a holistic risk control framework with focus on market risk.
- Escalate emerging risk issues and participate in risk committees and senior management forums.
- Support a risk conscious culture and promote best practice controls within the organisation through interaction with commercial and control teams across geographies.
- Provide support within the Market Risk team for the validation and optimisation of risk models, including system testing and development.
- Provide leadership on global position limits adherence, ensuring appropriate monitoring, aggregation and compliance across group businesses.
- Provide effective liaison with regulatory bodies as needed.
Experience required
- A background in risk management within an investment bank or energy trading company will be a plus (couple of years of minimum experience).
- Graduate qualification in any or combination of the following subjects: Maths, Physics, Chemistry, Engineering, Economics, Computing and Business or equivalent experience.
- Knowledge of Value-At-Risk, stress testing, scenario analysis, and other market risk techniques.
- Knowledge of energy commodities and derivatives products.
- Good knowledge of position limit regimes in North America and Europe will be considered a plus.
- Good knowledge in Gas, Power, oil markets.
Technical requirements
- Strong Excel, VBA, SQL and/or Python skills essential, proficient in other MS Office products, including Power BI.
- Strong quantitative aptitude, and ability to read and understand complex mathematical equations.
Person specification
- Excellent analytical skills and a focus on accuracy and precision.
- Strong written and verbal communication with ability to present quantitative analysis to all audiences.
- Proactive with the ability to thrive in a team environment under often disparate and conflicting pressures.
Hours of work: 40 Hours - Monday to Friday
Market Risk Analyst in London employer: EDFT
At EDF Trading, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work environment. Our London-based team benefits from a comprehensive range of perks, including hybrid working options, private medical insurance, and opportunities for professional growth through regular networking events. Join us to be part of a forward-thinking organisation that values diversity and empowers employees to make a meaningful impact in the evolving energy market.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Analyst in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the energy trading sector. Attend industry events, webinars, or even local meetups. The more you engage, the better your chances of landing that Market Risk Analyst role.
✨Tip Number 2
Show off your skills! Prepare to discuss your experience with risk management techniques like VaR and stress testing. Be ready to explain how you've used these in past roles, as this will set you apart from other candidates.
✨Tip Number 3
Practice makes perfect! Get comfortable presenting your analysis. Whether it's in front of a small group or a larger audience, being able to communicate your findings clearly is key in this role.
✨Tip Number 4
Apply through our website! We want to see your application come through directly. It shows you're serious about joining EDF Trading and helps us keep track of all the amazing talent out there.
We think you need these skills to ace Market Risk Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Risk Analyst role. Highlight relevant experience and skills that match the job description, like your knowledge of risk management techniques and energy commodities.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about market risk and how your background makes you a great fit for EDF Trading. Don’t forget to mention any specific projects or experiences that showcase your analytical skills!
Showcase Your Technical Skills:Since this role requires strong Excel, VBA, SQL, and/or Python skills, make sure to include examples of how you've used these tools in your previous roles. We want to see your technical prowess shine through!
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 and shows us you’re serious about joining our team at EDF Trading!
How to prepare for a job interview at EDFT
✨Know Your Numbers
Brush up on your knowledge of market risk metrics like VaR, stress testing, and liquidity analysis. Be ready to discuss how these concepts apply to the energy markets, as this will show your understanding of the role and its responsibilities.
✨Showcase Your Analytical Skills
Prepare to present a case study or example of a complex analysis you've conducted in the past. This could involve discussing how you approached a risk assessment or how you used tools like Excel or Python to derive insights. Make it clear how your analytical skills can benefit the team.
✨Engage with the Team
Since the role involves daily interaction with trading desks and analytics teams, demonstrate your ability to collaborate. Share examples of how you've worked effectively in a team environment, especially under pressure, to highlight your proactive nature.
✨Be Ready for Technical Questions
Expect questions that test your technical knowledge, particularly around energy commodities and derivatives. Familiarise yourself with current trends in the energy market and be prepared to discuss how they might impact risk management strategies at EDF Trading.
