Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Market Risk team to analyse market trends and manage risk models daily.
- 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 and collaborative environment.
- Qualifications: A numerate degree and two years' experience in risk analysis within the energy sector required.
- Other info: Strong Excel skills and programming knowledge in Python or SQL will set you apart.
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 amongst other factors.
- Investigate and understand risk models and tools on behalf of other business teams, supporting their development, improvement, and adoption.
- Perform regular and bespoke analyses across the company’s existing and expanding portfolio, on risk topics covering wholesale markets instruments and exposures, underlying positions, risks, and P&L, as well as scenarios, stresses, VaR, and other key factors.
- Review and propose metrics and limits to facilitate appropriate control over exposures, positions, values, and risks across all market risk-generating business activities, including commodities such as power, gas, and certificates.
- Develop market risk proposals and support stakeholder engagement and committee approval processes.
- Update risk policies and frameworks in line with new approvals and business changes.
- Backtest models, tools, limits, and controls, proposing enhancements and additional measures.
- Facilitate operational readiness planning and implementation to support onboarding of new business activities and their associated risks.
- Provide opinions and recommendations on a range of risk topics to the team and the business.
Experience:
- A numerate degree such as Mathematics, Physics, Engineering, Computer Science, Economics, or Finance.
- At least two years’ experience in the energy sector in a risk, pricing, or analytics role.
- Experience performing risk analysis in Excel or other applications, including prices, market liquidity, portfolio positions, volatilities, correlations, P&L distributions, VaR, risk premia, etc.
- Some exposure to ETRM systems and trading databases.
- Reviewed and updated controls and limits on positions and P&L monitoring.
- Supported drafting proposals and papers, managing stakeholder engagement processes.
- Experience supporting project planning and implementation, such as onboarding new business activities or system updates.
- Strong knowledge of Excel and programming abilities 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 latest market risk models and tools relevant to the energy sector. Understanding how these models work and their applications will give you an edge during interviews, as you'll be able to discuss them confidently.
✨Tip Number 2
Network with professionals in the energy sector, especially those working in risk analysis. Attend industry events or join online forums to connect with potential colleagues and learn about the latest trends and challenges in market risk.
✨Tip Number 3
Brush up on your Excel skills and programming languages like Python or SQL. Being able to demonstrate your technical abilities in data analysis and risk modelling can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with stakeholder engagement and project planning. Be ready to share specific examples of how you've successfully managed these processes in previous roles, as this is crucial for the Market Risk Analyst position.
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 Analytical Skills: Provide examples of past projects where you performed risk analysis or developed risk models. Highlight your ability to analyse market liquidity, prices, and volatilities, as well as your experience with backtesting models and tools.
Highlight Stakeholder Engagement: Discuss your experience in managing stakeholder engagement processes. Mention any proposals or papers you've drafted and how you facilitated discussions around risk topics, as this is an important aspect of the role.
How to prepare for a job interview at JR United Kingdom
✨Know Your Risk Models
Familiarise yourself with the risk models and tools relevant to the Market Risk Analyst role. Be prepared to discuss how you have implemented or utilised these models in your previous roles, especially in relation to market liquidity and volatility.
✨Demonstrate Analytical Skills
Showcase your analytical abilities by discussing specific examples of bespoke analyses you've performed. Highlight your experience with Excel and any programming languages, as well as how you've applied these skills to assess risks and P&L distributions.
✨Engage with Stakeholders
Prepare to talk about your experience in stakeholder engagement. Discuss how you've managed communication and collaboration with different teams, particularly when drafting proposals or updating risk policies.
✨Stay Updated on Market Trends
Research current trends in the energy sector and be ready to discuss how they might impact market risk. This shows your proactive approach and understanding of the industry, which is crucial for a Market Risk Analyst.
