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- Tasks: Analyse trading risks and support daily operations in a fast-paced energy trading environment.
- Company: Join a leading global trading organisation in the energy sector, focusing on gas and power.
- Benefits: Enjoy competitive pay, bonuses, health benefits, and growth opportunities in a dynamic team.
- Why this job: Be part of a critical role that influences commercial decisions and drives market insights.
- Qualifications: 5+ years in risk management with a degree in Finance, Economics, or related fields.
- Other info: Experience with ETRM systems and programming skills are advantageous.
The predicted salary is between 72000 - 84000 £ per year.
We are seeking a detail-oriented and analytical Trading/Risk Analyst with 5+ years of experience in the natural gas and power trading sector. The ideal candidate will support daily risk management operations, monitor trading activities, and ensure compliance with the firm’s risk limits and controls. This position is critical in delivering insights and analysis that help guide commercial decisions in a fast-paced trading environment.
Key Responsibilities:
- Monitor and report daily market, credit, and operational risks associated with gas trading portfolios.
- Perform mark-to-market (MtM) valuations, P&L attribution, and risk metrics such as VaR, stress testing, and scenario analysis.
- Work closely with trading, scheduling, and commercial teams to understand deal structures and exposures.
- Validate and maintain pricing curves, volatilities, and valuation models for physical and financial instruments.
- Ensure accurate trade capture and position reporting; resolve trade discrepancies and coordinate with middle and back office.
- Assist in the development and refinement of risk policies, procedures, and controls in accordance with internal governance and external regulations.
- Support regulatory reporting and audits (e.g., FERC, CFTC, REMIT, Dodd-Frank).
Qualifications:
- Bachelor’s degree in Finance, Economics, Engineering, Mathematics, or related field. Master’s or CFA a plus.
- 5+ years of experience in risk management or middle office roles within an energy trading firm (preferably gas and/or power).
- Strong understanding of energy markets, trading instruments, and risk drivers.
- Experience with ETRM systems (e.g., Endur, Allegro, RightAngle) and advanced Excel; Python or SQL skills are a plus.
- Excellent communication and problem-solving skills with strong attention to detail.
- Ability to work in a dynamic, deadline-driven environment.
What We Offer:
- Competitive compensation and bonus structure
- Comprehensive health and retirement benefits
- Dynamic, entrepreneurial team environment
- Opportunities for growth within a global trading organisation
Contact Detail:
Innowave Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading/Risk Analyst - Gas and Power
✨Tip Number 1
Network with professionals in the energy trading sector. Attend industry conferences, webinars, and local meetups to connect with people who work in gas and power trading. Building relationships can lead to valuable insights and potential job referrals.
✨Tip Number 2
Stay updated on market trends and regulatory changes in the energy sector. Follow relevant news sources, subscribe to industry publications, and engage in online forums. This knowledge will not only help you in interviews but also demonstrate your passion for the field.
✨Tip Number 3
Consider obtaining additional certifications or training related to risk management or energy trading. Courses in financial modelling, advanced Excel, or programming languages like Python can enhance your skill set and make you a more attractive candidate.
✨Tip Number 4
Prepare for technical interviews by practising common risk analysis scenarios and case studies relevant to gas and power trading. Being able to discuss your thought process and analytical skills in real-world situations will set you apart from other candidates.
We think you need these skills to ace Trading/Risk Analyst - Gas and Power
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in energy trading, particularly in gas and power. Emphasise your 5+ years of experience and any specific roles related to risk management or middle office functions.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your understanding of the energy markets and your analytical skills. Mention specific experiences where you monitored risks or supported trading operations, showcasing how you can contribute to the company's success.
Highlight Technical Skills: Clearly list your technical skills, especially your experience with ETRM systems and proficiency in Excel, Python, or SQL. Provide examples of how you've used these tools in previous roles to enhance your application.
Showcase Communication Skills: Since excellent communication is crucial for this role, include examples in your application that demonstrate your ability to work collaboratively with trading, scheduling, and commercial teams. This will help illustrate your fit for the dynamic environment.
How to prepare for a job interview at Innowave
✨Showcase Your Analytical Skills
As a Trading/Risk Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to inform trading decisions or manage risks in previous roles.
✨Understand the Energy Market
Demonstrate your knowledge of the gas and power markets during the interview. Familiarise yourself with current market trends, key players, and recent regulatory changes that could impact trading activities.
✨Highlight Relevant Experience
With 5+ years of experience required, make sure to highlight your relevant roles and responsibilities. Discuss your familiarity with ETRM systems and any specific projects where you contributed to risk management or compliance.
✨Prepare for Technical Questions
Expect technical questions related to risk metrics like VaR, stress testing, and mark-to-market valuations. Brush up on these concepts and be ready to explain them clearly, as well as how you've applied them in your work.
