At a Glance
- Tasks: Join us as a Senior Risk Business Analyst, driving change in energy trading risk management.
- Company: CFP Energy is an award-winning group providing innovative energy solutions for a sustainable future.
- Benefits: Enjoy flexible working options and a vibrant company culture with growth opportunities.
- Why this job: Be part of a global transformation initiative that impacts the energy sector positively.
- Qualifications: Experience in energy derivatives, financial risk metrics, and ETRM applications is essential.
- Other info: We value diversity and are committed to equal opportunities for all applicants.
The predicted salary is between 48000 - 72000 £ per year.
CFP Energy is a vibrant, award-winning, commodity trading and supply group comprised of several high-growth businesses. We provide innovative energy solutions that empower businesses to prosper in a sustainable world.
As a Risk Business Analyst at CFP you will work with business and technology colleagues to analyse and help implement the process and system changes needed to deliver the risk management capabilities underpinning the companies’ needs and vision.
The jobholder: As an experienced IT Business Analyst within the Energy Trading Risk domain, you will be involved in the delivery of a key global transformation initiative. As a member of the product team, working autonomously and within a team, you will play a pivotal role working with business stakeholders, product owners and technical teams alike in driving and guiding change and efficiency across the organisation. You will be required to elicit and document requirements from different stakeholders, propose solutions to problems and be the link with the engineering team to deliver change.
Essential functions of the job:
- Business Analysis & Delivery: Lead business requirement gathering and documentation for prioritised enhancements, projects, and defects in the change management repository. Plan, deliver, and assure business analysis deliverables. Drive and manage scope and design, assessing risks, feasibility, opportunities, and business impacts of various solutions.
- Stakeholder Management: Build and maintain relationships with key stakeholders, keeping them informed and managing expectations. Ensure transparent communication with business collaborators throughout the lifecycle of change processes. Maintain and build key relationships with external IT teams and internal business collaborators.
- Innovation & Improvement: Alongside the Product Owner, generate innovative approaches to existing problems or new opportunities. Standardise and reinforce processes for eliciting requirements, designing, and validating system functionality. Ensure solutions deliver benefits aligned with longer-term strategic goals.
- Technical Skills & Coordination: Operate as a Business Analyst across functions, translating business needs into functional designs for technical teams. Capture and prioritize features and functionality within the delivery backlog. Ensure developed items meet business requirements before formal release management cycles.
- Change Management: Participate in backlog grooming activities as part of scrum prioritization. Coordinate change across different delivery teams, managing conflicting priorities. Ensure strategic alignment with IT projects, goals, and architecture. Manage functional delivery through various digital disciplines, securing business sign-off for solutions.
Skills and experience required:
- Extensive experience with the modelling of energy derivatives, both OTC and exchange-traded, including delta 1 derivatives, vanilla and exotic options.
- Detailed knowledge of financial risk metrics and the associated calculation.
- Experience operating within commodities and/or financial markets and associated Trading processes.
- Utilisation of data driven analysis and modelling to prototype problem solutions.
- Experience working in and around ETRM applications and specialist risk modelling software.
- Exposure to the full trade lifecycle with a focus on trade valuation & risk management.
- Demonstrable experience of coordinating complex change.
- Delivered change under both waterfall and agile SDLC methodologies.
The CF Group is committed to ensuring equal opportunities, fairness of treatment, dignity and respect, and the elimination of all forms of discrimination in the workplace for all employees/contractors and job applicants.
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Business Analyst (ETRM)
✨Tip Number 1
Familiarise yourself with the latest trends in energy trading and risk management. Understanding current market dynamics and regulatory changes can give you an edge during discussions with stakeholders.
✨Tip Number 2
Network with professionals in the energy trading sector, especially those who have experience as Business Analysts. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your technical skills related to ETRM applications and risk modelling software. Being able to speak the language of both business and technology will make you a more attractive candidate.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed change in previous roles. Highlighting your experience with both agile and waterfall methodologies will demonstrate your versatility and capability.
We think you need these skills to ace Senior Risk Business Analyst (ETRM)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in energy trading, risk management, and business analysis. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the energy trading risk domain. Mention specific projects or experiences that align with the responsibilities outlined in the job description.
Highlight Technical Skills: Emphasise your technical skills related to ETRM applications and risk modelling software. Provide examples of how you've used data-driven analysis to solve problems in previous roles.
Showcase Stakeholder Management Experience: Include examples of how you've built and maintained relationships with stakeholders in past positions. Highlight your communication skills and ability to manage expectations effectively.
How to prepare for a job interview at Job Traffic
✨Understand the Energy Trading Risk Domain
Make sure you have a solid grasp of energy derivatives, both OTC and exchange-traded. Brush up on financial risk metrics and their calculations, as this knowledge will be crucial in demonstrating your expertise during the interview.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've built and maintained relationships with stakeholders in previous roles. Highlight your ability to manage expectations and communicate effectively throughout change processes, as this is key for the role.
✨Demonstrate Your Change Management Experience
Be ready to discuss specific instances where you've coordinated complex changes, especially within agile and waterfall methodologies. This will show your potential employer that you can handle the dynamic nature of the role.
✨Prepare for Technical Discussions
Since the role involves translating business needs into functional designs, be prepared to discuss your experience with ETRM applications and risk modelling software. Familiarise yourself with common technical terms and concepts to engage confidently with the technical team.