Risk Manager (Quant Modelling and Data) in Edinburgh

Risk Manager (Quant Modelling and Data) in Edinburgh

Edinburgh Full-Time 58100 - 87100 £ / year (est.) Home office (partial)
Scottish and Southern Electricity Networks

At a Glance

  • Tasks: Lead the development of quantitative risk models and enhance risk data infrastructure.
  • Company: Join SSE, a leader in the energy transition with a focus on innovation.
  • Benefits: Enjoy competitive salary, flexible working, and wellness perks like gym discounts.
  • Other info: Flexible benefits and a commitment to an inclusive workplace for all.
  • Why this job: Make a real impact in shaping energy markets while leading a dynamic team.
  • Qualifications: Strong experience in quantitative risk modelling and advanced Python skills required.

The predicted salary is between 58100 - 87100 £ per year.

Base Location: You'll be expected to spend 50% of your working week in our Perth or Edinburgh office.

Salary: £58,100- £87,100 + performance‑related bonus + a range of benefits to support your finances, wellbeing and family.

Working Pattern: Permanent | Full Time | Flexible First options available.

The role: We're looking for an experienced and collaborative Energy Markets Risk Manager (Quant Modelling and Data) to play a leading role in shaping how SSE manages market risk across its evolving energy portfolio. Sitting at the heart of the energy transition, this role offers the opportunity to influence decision‑making across renewable generation, thermal assets, and energy trading activities. You'll combine quantitative modelling expertise, data leadership, and commercial partnership to help deliver robust and forward‑looking risk frameworks in increasingly complex energy markets. Working closely with stakeholders across trading, risk, technology, and senior leadership, you'll lead a small team while helping to build scalable, innovative, and resilient risk capabilities that support SSE's long‑term ambitions.

You will:

  • Lead the development and enhancement of quantitative market risk models, translating trading strategies into meaningful risk metrics, controls, and insights.
  • Oversee and evolve risk data infrastructure and analytical pipelines, ensuring high‑quality, timely, and scalable risk reporting across the business.
  • Partner closely with Front Office and commercial teams to support new trading strategies, bespoke contracts, and emerging energy products.
  • Manage and support a team of analysts, fostering collaboration, technical development, and continuous improvement.
  • Communicate complex market risk concepts clearly and confidently to stakeholders across all levels, including senior leadership and risk committees.

You have:

  • Strong experience developing quantitative risk models within energy, commodities, or financial markets, with a deep understanding of power and gas markets.
  • Advanced Python and data analysis capabilities, alongside experience working with modern data frameworks such as SQL, PySpark, or cloud‑based platforms.
  • Expertise in quantitative techniques such as stochastic modelling, simulation methods, and time series analysis.
  • Experience working collaboratively with trading desks and commercial stakeholders in fast‑paced and evolving market environments.
  • A supportive and relationship‑oriented approach, with the ability to lead teams, influence stakeholders, and communicate complex ideas with clarity and confidence.

About SSE: SSE's purpose is to provide energy needed today while building a better world of energy for tomorrow. We do this by developing, building, operating and investing in electricity infrastructure and businesses needed in the energy transition. Our Transforming for Growth investment plan sees us investing £33bn in critical electricity infrastructure across the five years to 2030. SSE Energy Markets secure the energy needed to power customers' lives, while creating value for SSE. Our Energy Markets trading teams buy the fuel needed to deliver cleaner energy and sell power generated in our wind farm, hydro and thermal assets back to the markets.

Flexible benefits to fit your life: Enjoy discounts on private healthcare and gym memberships. Wellbeing benefits like a free online GP and 24/7 counselling service. Interest‑free loans on tech and transport season tickets, or a new bike with our Cycle to Work scheme. As well as generous family entitlements such as maternity and adoption pay, and paternity leave.

Work with an equal opportunity employer: SSE will make any reasonable adjustments you need to ensure that your application and experience with us is positive. We're dedicated to fostering an open and inclusive workplace where people from all backgrounds can thrive. We create equal opportunities for everyone to succeed and especially welcome applications from those who may not be well represented in our workforce or industry.

Risk Manager (Quant Modelling and Data) in Edinburgh employer: Scottish and Southern Electricity Networks

SSE is an exceptional employer, offering a dynamic work environment in Perth or Edinburgh where you can play a pivotal role in the energy transition. With a strong focus on employee wellbeing, flexible working options, and a commitment to professional development, SSE provides a supportive culture that encourages collaboration and innovation. Join us to be part of a forward-thinking team that values your contributions and invests in your growth while making a meaningful impact on the future of energy.

Scottish and Southern Electricity Networks

Contact Details:

Scottish and Southern Electricity Networks Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Manager (Quant Modelling and Data) in Edinburgh

Join Compliance Communities

Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!

Attend Industry Conferences

Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.

Leverage Your University Career Services

If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.

Showcase Your Knowledge Online

Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Scottish and Southern Electricity Networks looking for candidates who are engaged and informed.

We think you need these skills to ace Risk Manager (Quant Modelling and Data) in Edinburgh

Quantitative Modelling
Data Leadership
Market Risk Management
Analytical Pipelines
Python
SQL
PySpark

Some tips for your application 🫡

Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!

Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.

Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!

Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Scottish and Southern Electricity Networks. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!

How to prepare for a job interview at Scottish and Southern Electricity Networks

Master the Regulations

Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!

Show Your Analytical Skills

Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!

Know Your Tools

Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!

Align with Company Culture

Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Scottish and Southern Electricity Networks’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!