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- Tasks: Join our Market Risk team to analyse market data and develop risk models.
- Company: We are a leading firm in the energy sector, focused on innovation and sustainability.
- Benefits: Enjoy flexible working options, competitive salary, and opportunities for professional growth.
- Why this job: Make an impact by shaping risk strategies in a dynamic industry while collaborating with diverse teams.
- Qualifications: A numerate degree and two years of relevant experience in risk analysis or analytics required.
- Other info: Strong Excel and programming skills are essential; familiarity with ETRM systems is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Responsibilities:
- Implement and utilise risk models and tools for the Market Risk team, such as for analysing market liquidity, prices, volatilities, and correlations.
- Support the development, improvement, and adoption of these models and tools across business teams.
- Perform regular and bespoke analyses on risk topics, including wholesale market instruments, exposures, positions, risks, P&L, scenarios, stresses, VaR, and other key factors.
- Review and propose metrics and limits to control exposures, positions, values, and risks across all market risk activities, including commodities like power, gas, and certificates.
- Develop market risk proposals, support stakeholder engagement, and update risk policies and frameworks as needed.
- Backtest models, tools, limits, and controls, and propose enhancements.
- Facilitate operational readiness planning and implementation for onboarding new business activities and associated risks.
- Provide opinions and recommendations on risk topics to the team and business.
Experience:
- A numerate degree in Mathematics, Physics, Engineering, Computer Science, Economics, or Finance.
- At least two years of experience in the energy sector in risk, pricing, or analytics roles.
- Experience performing risk analysis using Excel or similar applications, including prices, liquidity, portfolio positions, volatilities, correlations, P&L distributions, VaR, and risk premia.
- Exposure to ETRM systems and trading databases.
- Experience reviewing and updating controls and limits on positions and P&L.
- Experience supporting proposal drafting and stakeholder engagement.
- Experience supporting project planning and implementation, such as onboarding new business activities.
- Strong knowledge of Excel and programming skills in at least one language such as Python, SQL, R, or VBA.
Market Risk Analyst employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Analyst
✨Tip Number 1
Familiarise yourself with the specific risk models and tools used in the energy sector. Understanding how these models work and their applications will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the market risk field, especially those who have experience in the energy sector. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on current trends and regulations in the energy market. Being knowledgeable about recent developments will demonstrate your commitment and understanding of the industry during discussions.
✨Tip Number 4
Prepare to discuss your experience with Excel and programming languages relevant to risk analysis. Be ready to share specific examples of how you've used these skills to solve problems or improve processes in previous roles.
We think you need these skills to ace Market Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk analysis, particularly in the energy sector. Emphasise your skills in Excel and any programming languages you know, such as Python or SQL, as these are crucial for the role.
Craft a Strong Cover Letter: In your cover letter, explain why you're interested in the Market Risk Analyst position and how your background aligns with the responsibilities outlined in the job description. Mention specific experiences that demonstrate your ability to implement and utilise risk models.
Showcase Relevant Projects: If you've worked on projects involving market risk analysis, be sure to include these in your application. Detail your role, the tools you used, and the outcomes of your analyses to illustrate your hands-on experience.
Highlight Stakeholder Engagement: Since the role involves supporting stakeholder engagement, mention any relevant experiences where you've successfully communicated complex risk topics to non-technical audiences. This will show your ability to bridge the gap between technical analysis and business needs.
How to prepare for a job interview at JR United Kingdom
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in Excel and any programming languages you know, such as Python or SQL. Be prepared to discuss specific examples of how you've used these skills in previous roles, especially in risk analysis.
✨Understand Market Risk Concepts
Familiarise yourself with key market risk metrics like VaR, P&L distributions, and liquidity analysis. Being able to explain these concepts clearly will demonstrate your expertise and understanding of the role.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to analyse hypothetical risk scenarios. Practise articulating your thought process and the tools you would use to assess risks in various situations, particularly in the energy sector.
✨Engage with Stakeholders
Since stakeholder engagement is crucial for this role, think of examples where you've successfully communicated complex risk topics to non-technical audiences. This will show your ability to bridge the gap between technical analysis and business needs.
