At a Glance
- Tasks: Measure and analyse market risk for power trading activities while delivering insightful reports.
- Company: Join a leading energy firm with a focus on innovation and teamwork.
- Benefits: Enjoy a competitive salary, health benefits, and opportunities for professional growth.
- Why this job: Make an impact in the energy sector by enhancing risk management strategies.
- Qualifications: Degree in Maths, Engineering, or Finance; 2 years in commodity trading risk preferred.
- Other info: Dynamic work environment in London or Geneva with excellent career advancement potential.
The predicted salary is between 36000 - 60000 £ per year.
The Risk Officer is part of the Risk team, reporting to the Manager Power & Gas. The role focuses on measuring, monitoring, and challenging market risk, positions, and P&L for power trading activities, while delivering high-quality risk reporting and analytics to support decision-making.
Main Responsibilities
- Measure, analyze, and report market risk, positions, and daily P&L for physical and financial Power trades
- Review mark-to-market valuations, curves, volatilities, basis risks, and challenge trader assumptions
- Develop and maintain risk reporting and analytics for traders and senior management
- Validate deals and prices, ensure accurate deal capture, curve updates, and data integrity in trading systems
- Understand, maintain and enhance risk valuation models
- Work closely with Traders, Front Office, Operations, Finance, IT, and Compliance
- Contribute to senior management reporting and monthly accounting translation of trading results
- Identify operational risks and support process and system improvements
- Back up / support for other desk's Risk officers as the case may be.
Profile & Key Skills
- University degree in Mathematics, Engineering, Economics, Finance, or related field
- Minimum 2 years' experience in commodity trading risk, preferably in Power and or Natural Gas
- Asset experience is a plus (BESS, PPA)
- Solid understanding of FX risk
- Strong analytical mindset with excellent attention to detail
- Proficient in Excel; Python, VBA and SQL are a plus
- Strong communication skills; fluent in English (French or other European language a plus)
Location: London or Geneva
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
Risk Officer - Power in London employer: Gunvor Group
Contact Detail:
Gunvor Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Officer - Power in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in risk management or trading. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves market risk and analytics, be ready to discuss your experience with Excel, Python, or any relevant tools. Show us you know your stuff!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. When you find a role that excites you, apply through our website to make sure your application gets the attention it deserves.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the position. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Risk Officer role.
We think you need these skills to ace Risk Officer - Power in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Officer role. Highlight your experience in commodity trading risk, especially in Power and Natural Gas. We want to see how your skills match what we're looking for!
Show Off Your Analytical Skills: Since this role requires a strong analytical mindset, don’t shy away from showcasing your analytical achievements. Use specific examples where you’ve measured or reported market risks effectively. We love numbers and results!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about risk management in power trading and how your background makes you a great fit. We want to feel your enthusiasm through your words!
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 – just a few clicks and you’re done!
How to prepare for a job interview at Gunvor Group
✨Know Your Numbers
As a Risk Officer, you'll be dealing with market risk and P&L daily. Brush up on your analytical skills and be ready to discuss specific metrics or models you've worked with. Show them you can measure and challenge risk effectively!
✨Understand the Trading Environment
Familiarise yourself with the power trading landscape, including key terms like mark-to-market valuations and basis risks. Being able to speak knowledgeably about these concepts will demonstrate your expertise and readiness for the role.
✨Showcase Your Technical Skills
Since proficiency in Excel and possibly Python, VBA, or SQL is a plus, be prepared to discuss how you've used these tools in past roles. Maybe even bring examples of reports or analyses you've created to illustrate your capabilities.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice explaining complex risk concepts in simple terms, as you'll need to collaborate with various teams. Being able to convey your thoughts clearly will set you apart from other candidates.