Senior Manager - Risk Analysis in Edinburgh

Job Title: Senior Risk Manager – TransactionReporting to: Head of RiskJoin Great British Energy and be part of powering the UK’s Clean Energy Future.At GBE, we’re not just building an energy company – we’re shaping the future of the UK’s energy landscape.Drive clean energy deployment across the UK as a strategic developer, investor, and owner of renewable projects* Deliver benefits for communities and taxpayers, ensuring the clean energy transition creates jobs, boosts local economies, and increases public ownershipWe focus on innovation, sustainability, and impact, working on projects that matter – from large-scale national renewable investments to empowering local and community energy initiatives.Career growth: Opportunities to develop expertise in cutting-edge energy technologies and strategic investment* If you want to make a real difference and help power a greener, fairer future for the UK, GBE is the place for you.We welcome applications from all backgrounds and communities. Great British Energy is looking for a Senior Risk Manager – Transaction to join our GBE Local Directorate Team. This role will play a key part in contributing to projects, objectives, and wider organisational goals.Lead risk assessments for renewable energy transactions, including investment and debt structures, hedging instruments and other financial instruments

• Involved in stress testing scenarios for transactions. Maintain the policies and procedures relating to risk assessment. Input into Investment Papers risk opinions
• Develop, implement and maintain risk frameworks for investment, project finance, M&A, and structured deals
• Provide independent risk opinions on proposed transactions to senior stakeholders and Investment Committees. Provide 4-eye principles to annual reviews of investments
• Monitor market, credit, and operational risks across the renewable energy portfolio
• Collaborate with deal teams, legal, ESG and finance to structure transactions that align with risk appetite. Maintain up-to-date knowledge of regulatory, market, and ESG considerations impacting renewable energy investments
• Prepare and present risk reports to senior management and governance committees
• Working closely with the Head of Risk to execute various risk initiatives
• Promote and assist in risk awareness throughout the organisation
• Assist Head of Risk in monitoring and reporting of Risks (including Risk Register)
• Manage and develop team of Risk Analysts

Proven experience in risk management within energy, infrastructure, or financial services

• Strong understanding of renewable energy markets, investment and project finance structures
• Expertise in credit risk, market risk, and counterparty risk analysis
• Familiarity with investment appraisal, financial modelling, and due diligence processes
• Degree in Finance, Economics, Engineering, or related field; professional qualifications (FRM, CFA)
• Strategic thinker with a proactive approach to risk mitigation
• Personal Qualities
• Works collaboratively, valuing different perspectives and building inclusive relationships
• Competitive base salary
• Performance-related bonus scheme
• Excellent pension scheme
• 4x salary life assurance
• 38 days annual leave
• Flexible working arrangements
• Ongoing professional development and training
• Principal Talent Acquisition Specialist