Model Risk Manager - Energy in London

Model Risk Manager - Energy in London

London Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
SmartestEnergy Limited

At a Glance

  • Tasks: Lead quantitative risk initiatives and validate valuation models in the energy sector.
  • Company: Dynamic global company with a commitment to diversity and innovation.
  • Benefits: Competitive salary, flexible working, and a focus on work-life balance.
  • Other info: Hybrid working model with opportunities for travel and career growth.
  • Why this job: Make a global impact while shaping risk management in a fast-paced energy market.
  • Qualifications: Experience in quantitative risk management and a background in energy or finance.

The predicted salary is between 70000 - 90000 £ per year.

Are you a quantitative risk professional who enjoys combining technical expertise with strategic influence? As our Model Risk Manager, you'll play a pivotal role in shaping how risk is measured, understood, and managed across our Trading and Origination portfolios.

Leading a broad range of quantitative risk initiatives, you'll be responsible for validating valuation models, developing robust risk methodologies, and providing expert insight that supports informed commercial decision-making. Working closely with stakeholders across the business, you'll help ensure our risk framework remains rigorous, innovative, and fit for purpose in a fast-moving energy market.

How will I spend my time in this role?

  • Design & implementation of risk methodologies, in particular for non-standard transactions;
  • Independent validation of front office pricing and valuation models;
  • Contribute to shaping and governance of model validation policy and practices;
  • Modelling of market data for commodity risk factors;
  • Support other Risk teams on all quantitative risk models and methods;
  • Support other Risk teams on small tactical programming tasks that enhance efficient ways of working.

What skills/experience do I need to be successful?

  • Experience of quantitative risk management;
  • Energy or finance industry background required.

What sets us apart?

  • Global Impact: With offices in the UK, US, Spain and Australia, and plans for further expansion, you'll be part of a dynamic, globally-minded team, with opportunities to explore new markets and make a difference on a global scale.
  • Flexible Working: Embrace the freedom to work from anywhere in the world for up to 30 days a year. We prioritize work-life balance, recognizing that your well-being matters.
  • Commitment to Diversity and Inclusion: We celebrate our diverse culture and value individuals irrespective of background, disability, religion, gender identity, sexuality, or ethnicity. Join a team where diversity is not just welcomed but celebrated as a key driver of growth and innovation.

What does hybrid working mean to us?

Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.

Model Risk Manager - Energy in London employer: SmartestEnergy Limited

As a Model Risk Manager in the energy sector, you'll join a forward-thinking company that values innovation and diversity, offering a competitive salary and flexible working arrangements. With a commitment to employee growth and a global impact, you'll have the opportunity to shape risk management practices while enjoying a supportive work culture that prioritises well-being and inclusivity.

SmartestEnergy Limited

Contact Details:

SmartestEnergy Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Model Risk Manager - Energy in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like SmartestEnergy Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Model Risk Manager - Energy in London

Quantitative Risk Management
Risk Methodologies
Model Validation
Valuation Models
Market Data Modelling
Commodity Risk Factors
Stakeholder Engagement

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to SmartestEnergy Limited.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on SmartestEnergy Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at SmartestEnergy Limited

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with SmartestEnergy Limited.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at SmartestEnergy Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former SmartestEnergy Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.