Risk Analyst

Risk Analyst

Nottingham Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyze energy markets and support trading teams with data insights.
  • Company: Join Inspired PLC, a leader in energy and sustainability advisory services since 2000.
  • Benefits: Enjoy flexible hours, training opportunities, life insurance, and a 4pm finish on Fridays!
  • Why this job: Make a real impact in the climate emergency while developing your career in a supportive environment.
  • Qualifications: Must have analytical skills, good Excel knowledge, and at least 5 GCSEs including Maths and English.
  • Other info: Ideal for ambitious individuals looking to grow and prove their capabilities.

The predicted salary is between 36000 - 60000 £ per year.

Inspired PLC

Inspired PLC is a UK market leading technology enabled provider of energy and sustainability advisory services. Since 2000, it has grown in scale and capability and is servicing over 3,400 UK and Irish clients across all sectors.

To enable businesses to respond to the climate emergency, we focus on solving their toughest challenges. By managing data comprehensively, sourcing energy sustainably and reducing carbon efficiently, we allow our clients to control costs effectively, make authentic ESG disclosures, improve their business performance, whilst powering their journey to net zero.

This role is ideally suited to a career minded, ambitious individual who is looking for that unique opportunity to prove what they can do and then be rewarded for it.

We are looking for a Risk Analyst to join our successful Risk team. This is a Home Based role with some occasional travel to the office required.

Role and Responsibilities

The role of Risk Analyst is to support the Risk department and Internal Stakeholders in the providing best in class service to customers of Inspired PLC who purchase their energy supply requirement via a Flexible Purchasing product.

The primary objective of the role is to assist Risk Directors/Managers with timely, accurate and comprehensive support.

The successful candidate\’s responsibilities will include but not be limited to:

  • Trading support, complete hedging requests for smaller Inspired customers and ensure timely and accurate deal capture in the appropriate systems.
  • Platform support, ensure that Platform Manager (ETRM) and Sugar (CRM) are up to date with accurate details and information for all customers and trades.
  • Monitor and check customer position reports and hedging performance.
  • Monitor customer energy usage, report against expected levels and support reforecasting.
  • Support the Risk Directors/Managers with administrative tasks.
  • Support Account Managers and Quality Assurance with any queries on customers trades, systems and reporting.
  • Support monthly Cost of Gas and Cost of Electricity, price validations for a variety of customers and products.
  • Ensure information systems are operated to the required standard to maintain accurate and secure records.
  • Liaison with the various divisions in Inspired PLC to support on delivering risk objectives.
  • Ad Hoc tasks as requested by your manager or departmental lead.
  • Read and comply with the company’s Health and Safety Policy; taking reasonable care for the Health and Safety of themselves and others; co-operate with managers and other employees in fulfilling our objectives and statutory duties.

Experience and Qualifications

Essential:

  • Have a logical, analytical and pragmatic approach to problem solving.
  • Have a high numerical ability with analytical capability and a strong academic background.
  • Can learn new software platforms and ways of working.
  • Have a good understanding of risk management analysis, probability, statistics and quantitative analysis.
  • The ability to work with and analyse large, complex data sets across spreadsheets and databases.
  • Highly resilient, with experience of building strong relationships.
  • Demonstrate proven time management skills.
  • Be able to work with different teams to co-deliver solutions.
  • Possess excellent interpersonal skills and be a good team worker.
  • Degree level educated in an Engineering, mathematical or economic discipline.
  • A good working knowledge of Microsoft Office applications (Excel essential).

Desirable:

  • Energy industry experience.

What we offer

  • Training and development opportunities
  • Company pension
  • Flexible work hours
  • Sharesave scheme
  • Life insurance
  • 4pm finish on Friday
  • Access to a wide range of voluntary benefits through our Inspired Benefits Portal

If you are interested in the role and would like to be considered, please apply now and a member of our In House Recruitment Team will be in touch. Good Luck!

Risk Analyst employer: Inspired PLC

Inspired PLC is an exceptional employer, offering a dynamic work environment in Kirkham that fosters professional growth and development. With a strong focus on sustainability and innovation, employees benefit from flexible work hours, comprehensive training opportunities, and a supportive culture that encourages initiative and ownership of personal development. Join us to be part of a team that not only values your contributions but also empowers you to make a meaningful impact in the energy sector.
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Contact Detail:

Inspired PLC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Familiarize yourself with the energy market trends and current events. Being able to discuss recent developments during your interview will show your genuine interest in the field and your proactive approach.

✨Tip Number 2

Brush up on your Excel skills, especially data analysis functions. Since this role requires a good working knowledge of Excel, demonstrating your proficiency can set you apart from other candidates.

✨Tip Number 3

Prepare to showcase your analytical and research skills through examples from your past experiences. Think of specific instances where you identified risks or opportunities and how you communicated your findings.

✨Tip Number 4

Highlight your attention to detail and strong work ethic during the interview. These attributes are essential for a Risk Analyst, so be ready to provide examples that demonstrate these qualities in action.

We think you need these skills to ace Risk Analyst

Analytical Skills
Market Analysis
Data Analysis
Written Communication
Attention to Detail
Microsoft Excel
Research Skills
Problem-Solving Skills
Numerical Skills
Initiative
Organizational Skills
Verbal Communication
Energy Industry Knowledge
Self-Motivation
Ownership of Personal Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your analytical and research background, as well as your experience with Microsoft Office applications, especially Excel. Emphasize any relevant experience in the energy industry.

Craft a Strong Cover Letter: Write a cover letter that showcases your written communication skills. Clearly articulate your understanding of the role and how your background aligns with the responsibilities outlined in the job description.

Highlight Relevant Skills: In your application, emphasize your attention to detail, logical thinking, and ability to communicate complex analysis clearly. Mention any experience with VBA or Python if applicable.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for grammatical accuracy and clarity. Ensure that your writing is concise and logically structured to reflect your strong communication skills.

How to prepare for a job interview at Inspired PLC

✨Showcase Your Analytical Skills

As a Risk Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles. Highlight any experience with market reporting or identifying risks and opportunities.

✨Demonstrate Your Communication Skills

Written communication is key for this role. Practice explaining complex data or market trends in a clear and concise manner. You might be asked to provide a written analysis during the interview, so be ready to showcase your writing skills.

✨Familiarize Yourself with the Energy Market

Even if you don't have extensive experience in the energy sector, showing that you understand current trends and challenges can set you apart. Research recent developments in the energy market and be prepared to discuss them.

✨Prepare Questions for the Interviewers

Engage with your interviewers by asking insightful questions about the company’s approach to risk management and their expectations for the role. This shows your interest in the position and helps you assess if it's the right fit for you.

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