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For Companies At a Glance
- Tasks: Analyze energy markets and support risk management for power, gas, and renewable sources.
- Company: Join Octopus, a dynamic company leading in energy innovation and sustainability.
- Benefits: Enjoy opportunities for international travel and collaboration with diverse teams.
- Why this job: Be part of a fast-paced environment where your analytical skills can make a real impact.
- Qualifications: Strong numerical skills and experience with Python, SQL, and risk management are essential.
- Other info: Ideal for those passionate about renewable energy and market dynamics.
The predicted salary is between 43200 - 72000 £ per year.
At Octopus, we hire great people who can move quickly across a complex business. Being able to thrive in a fast-paced environment is super important for this role.
What you’ll do…
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Work with our international supply entities to understand market conditions and support risk management across power (including renewable PPAs), gas, and certificates
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Support the ongoing development of market risk policies, and develop quantitative models, methodologies, and reporting to build on Octopus risk and analytics pipeline
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Work closely with the engineering team, design analysis and visualisations that collate country specific risk positions into a single and clear Group view
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Work closely with Forecasting, Within-day and Flex Trading teams to understand how flexible generation (e.g. batteries) and customer flexibility can be used as risk management tools
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Develop quantitative modelling and analysis to support use of weather derivatives and energy options to manage risks
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Support development of analysis and explanatory materials for a range of senior stakeholders, including Octopus Energy Group board
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Stay abreast of evolving market conditions, regulatory changes, and advancements in risk management methodologies
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With international supply entities in 8 countries, some international travel may be required from time to time.
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Strong numerical ability and experience managing power risk essential
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Experience implementing risk metrics and analytical models, including Value at Risk (VaR), Montecarlo simulations, and simulation of stress test scenarios
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Professional experience using Python and SQL is essential
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Preference to have experience quantifying risk or managing portfolio optimisation of intermittent renewable energy (e.g. wind), flexible generation or batteries
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Preference for experience modeling energy options and weather derivatives as part of risk management strategies
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Strong interpersonal, communication and listening skills to form trusted relationships with both local teams and international stakeholders
Group Quantitative Risk Analyst - Energy Markets employer: Octopus Energy Ltd
Contact Detail:
Octopus Energy Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Quantitative Risk Analyst - Energy Markets
✨Tip Number 1
Familiarize yourself with the latest trends in energy markets, especially around renewable energy and risk management. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your passion for the industry.
✨Tip Number 2
Brush up on your quantitative modeling skills, particularly in Python and SQL. Being able to showcase your technical abilities in these areas can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 3
Network with professionals in the energy sector, especially those involved in risk management. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 4
Prepare to discuss your experience with risk metrics and analytical models like Value at Risk (VaR) and Monte Carlo simulations. Be ready to provide examples of how you've applied these concepts in real-world scenarios to demonstrate your expertise.
We think you need these skills to ace Group Quantitative Risk Analyst - Energy Markets
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your experience with quantitative risk analysis, energy markets, and any relevant technical skills like Python and SQL.
Tailor Your CV: Customize your CV to reflect your experience in managing power risk and developing quantitative models. Use specific examples that demonstrate your ability to thrive in fast-paced environments and your familiarity with risk management methodologies.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the role. Emphasize your strong numerical ability, experience with risk metrics, and how you can contribute to Octopus's risk and analytics pipeline. Mention your interpersonal skills and ability to work with international teams.
Highlight Relevant Projects: If you have worked on projects involving weather derivatives, energy options, or portfolio optimization of renewable energy, make sure to include these in your application. Detail your role and the impact of your contributions to showcase your expertise.
How to prepare for a job interview at Octopus Energy Ltd
✨Show Your Numerical Skills
Since strong numerical ability is essential for this role, be prepared to discuss your experience with quantitative models and risk metrics. Bring examples of how you've applied these skills in previous positions.
✨Demonstrate Your Knowledge of Energy Markets
Familiarize yourself with current market conditions, regulatory changes, and advancements in risk management methodologies. Being able to discuss these topics will show that you are proactive and knowledgeable about the industry.
✨Highlight Your Technical Proficiency
Make sure to emphasize your experience with Python and SQL during the interview. Be ready to discuss specific projects where you utilized these tools to develop analytical models or manage power risk.
✨Communicate Effectively
Strong interpersonal and communication skills are crucial for this position. Practice articulating your thoughts clearly and concisely, and be prepared to explain complex concepts in a way that is easy for others to understand.
