Senior Market Risk Analyst - Energy in London

Shape the future of market risk in a fast-moving energy business. As a Senior Market Risk Analyst, you'll play a pivotal role in protecting and enabling our commercial strategy by developing robust risk frameworks, delivering insightful analysis, and influencing key business decisions. Working across our expanding portfolio of power, gas, and environmental products, you'll use advanced analytics, modelling, and market expertise to identify, measure, and manage risk, while helping to evolve our risk capabilities as the business grows. This is an exciting opportunity for an experienced market risk professional to make a tangible impact in a collaborative, commercially focused environment.

Role responsibilities

• Develop, implement and utilise risk models and tools for the Market Risk team, such as for analysing market liquidity, prices, volatilities and correlations among other factors.
• Review and make recommendations on risk models and tools on behalf of other business teams, influencing their development, improvement, and adoption.
• Proactively undertake regular and bespoke analyses across the company’s existing and expanding portfolio, on risk topics covering wholesale market instruments and exposures, underlying positions, risks and P&Ls, as well as scenarios, stresses, VaR, and other key factors.
• Establish and enhance metrics and limits to ensure appropriate control over exposures, positions, values, and risks, across all market risk generating business activities, to include commodities such as power, gas, and certificates.
• Develop market risk proposals and manage the stakeholder engagement and committee approval processes.
• Revise and improve risk policies and frameworks in line with new approvals and business changes.
• Backtest models, tools, limits, and controls, spearheading enhancements and additional measures.
• Champion operational readiness planning and implementation to support the department and the wider organisation in onboarding new business activities and their associated risks.

Qualifications and experience

• Experience in the energy sector in a risk, pricing, or analytics role.
• Performed an extensive spectrum of risk analysis on aspects such as prices, market liquidity, and portfolio positions, such as computing volatilities, correlations, P&L distributions, value‑at‑risk, risk premia, etc.

Benefits and differentiators

• Global Impact: With offices in the UK, US, 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.
• Hybrid working arrangement: 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.