At a Glance
- Tasks: Lead the development of quantitative risk models and oversee risk data infrastructure.
- Company: Join SSE, a leader in the energy transition with a collaborative culture.
- Benefits: Enjoy competitive salary, flexible working, and wellbeing perks like free online GP.
- Other info: Dynamic role with excellent career growth opportunities in a supportive environment.
- Why this job: Make a real impact on energy markets while shaping sustainable futures.
- 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. Please contact Janet.Gossman@sse.com / 01738 351816 to discuss how we can support you. 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 Glasgow employer: SSE PLC
SSE is an exceptional employer, offering a dynamic work environment in either Perth or Edinburgh, where you can play a pivotal role in shaping the future of energy markets. With a strong focus on employee wellbeing, flexible working options, and generous benefits, including performance-related bonuses and family entitlements, SSE fosters a culture of collaboration and continuous growth. Join a forward-thinking team dedicated to the energy transition, where your expertise in quantitative risk modelling will be valued and developed.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager (Quant Modelling and Data) in Glasgow
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at SSE. LinkedIn is your best mate here – connect, engage, and don’t be shy to ask for informational chats. You never know who might put in a good word for you!
✨Tip Number 2
Prepare for interviews by diving deep into SSE’s projects and values. Show us you’re not just another candidate; demonstrate how your skills in quantitative modelling and data can directly contribute to our energy transition goals. Tailor your examples to what we do!
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex market risk concepts clearly. Grab a friend or mentor and run through your ideas. The clearer you are, the more confident we’ll feel about your fit for the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in being part of SSE and our mission to build a better world of energy.
We think you need these skills to ace Risk Manager (Quant Modelling and Data) in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Risk Manager role. Highlight your experience in quantitative risk modelling and data analysis, especially within energy markets. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background makes you a perfect fit for our team. Keep it engaging and relevant to the role.
Showcase Your Technical Skills:Don’t forget to mention your advanced Python skills and experience with data frameworks like SQL or PySpark. We’re keen on seeing how you’ve applied these in real-world scenarios, so give us some examples!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step!
How to prepare for a job interview at SSE PLC
✨Know Your Quantitative Models
Make sure you brush up on your quantitative risk models, especially those related to energy and commodities. Be ready to discuss how you've developed these models in the past and how they can be applied to SSE's evolving energy portfolio.
✨Showcase Your Data Skills
Since this role requires advanced Python and data analysis capabilities, prepare to demonstrate your proficiency with SQL, PySpark, or any cloud-based platforms. Bring examples of how you've used these tools to enhance risk data infrastructure or analytical pipelines.
✨Communicate Clearly
Practice explaining complex market risk concepts in a straightforward manner. You’ll need to communicate effectively with stakeholders at all levels, so think about how you can simplify your explanations without losing the technical depth.
✨Emphasise Collaboration
This role involves working closely with various teams, so highlight your experience in collaborative environments. Share specific examples of how you've partnered with trading desks or commercial teams to support new strategies or products.