At a Glance
- Tasks: Lead the Trading Risk team and enhance risk management across our commodity portfolio.
- Company: Join a dynamic energy company focused on growth and innovation.
- Benefits: Enjoy 24 days annual leave, learning opportunities, and enhanced family policies.
- Other info: Fully office-based role in Nottingham or Leicester with excellent career progression.
- Why this job: Make a real impact in the energy sector while developing your analytical skills.
- Qualifications: 5+ years in energy trading with strong analytical and communication skills.
The predicted salary is between 50000 - 65000 € per year.
Department: YUR - 2140 - Trading
Employment Type: Full Time
Location: Nottingham, Leicester
Working hours: Monday to Friday, 37.5 hours a week
Passionate and motivated people are the power behind our growth so we’re looking to expand our team, and you could be part of our success story.
As Trading Risk and Operations Manager you will lead the Trading Risk team and deliver risk management across our commodity portfolio. You will be responsible for the continuous improvement of our volume forecasting performance, and delivery of hedging strategies. You will guide the Trading Risk team in the production and modelling of wholesale energy prices, as well as delivering insight and reporting to support the wider business. The role will require meeting changing business and industry requirements to continually improve our forecast methodology, support new products, and meet our strategic objectives.
What We Need from Yü Here’s a taste of what you’ll be doing:
- Ownership of the volume forecasting methodology, incorporating changes required to meet industry change.
- Management of hedging strategies, ensuring they meet requirements of a changing risk landscape.
- Leading on the analysis of volume and commodity price forecasts, understanding the differences between forecasts and outturn, and making methodology changes as required.
- Ownership of commodity risk modelling, reporting and insight.
- Continuous improvement in processes - Identify and implement opportunities for automation, leading to improvements in speed and accuracy.
- Liaise with the Trading and Pricing teams to ensure wholesale energy costs and risks are accurately reflected in prices.
- Nurture and develop the analytical capability of the Trading Risk team and broader Trading Department.
About Yü
A minimum of 5 years’ experience in the energy industry, in a Trading, Commercial, or finance focussed role.
Excellent numerical and analytical skills; with an understanding of statistical modelling.
Experience of electricity and gas commodity markets.
Knowledge of Market-Wide Half-Hourly Settlement (MHHS).
Strong verbal and written communication skills.
Excellent stakeholder management skills.
Self‑motivated with an ability to work independently.
Experience of supporting the development of analytical teams.
Yü Come First
We have a wide range of benefits for our employees including:
- 24 days annual leave + bank holidays.
- Holiday buy – up to 5 additional days.
- Day off on your birthday.
- Employee Assistance Programme.
- Annual salary review.
- Learning and development opportunities.
- Enhanced paternity, maternity and adoption policies.
- Yü made a difference Awards.
- 3 days additional annual leave if you get married/civil partnership etc.
- Appointment allowance.
- Long service recognition.
- Refer a friend payment.
- Company sick pay (subject to length of service).
- New modern facilities.
- Death in service and critical illness cover.
- Plus, many more.
This position does not fulfil the UK Visas & Immigration sponsorship criteria for Skilled Worker, therefore we can only accept applications from candidates who already have an indefinite right to work in the UK.
If you need any reasonable adjustments to help you apply for a role, please let us know and we will see what we can do.
Trading Risk and Operations Manager in Nottingham employer: Yu Energy
At Yü, we pride ourselves on fostering a dynamic and supportive work environment where passionate individuals can thrive. As a Trading Risk and Operations Manager in Nottingham or Leicester, you will benefit from a comprehensive range of employee perks, including generous annual leave, professional development opportunities, and a culture that values innovation and teamwork. Join us to make a meaningful impact in the energy sector while enjoying a fulfilling career with ample growth potential.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Risk and Operations Manager in Nottingham
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those working in trading and risk management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of commodity markets and risk management strategies. We want you to showcase your analytical skills and how you can contribute to improving forecasting methodologies.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team at Yü.
We think you need these skills to ace Trading Risk and Operations Manager in Nottingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trading Risk and Operations Manager role. Highlight your experience in the energy industry, especially any work related to trading, risk management, or analytical roles. We want to see how your skills match 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 this role and how your background makes you a perfect fit. Don’t forget to mention specific experiences that relate to volume forecasting and hedging strategies.
Show Off Your Analytical Skills:Since this role requires excellent numerical and analytical skills, make sure to showcase any relevant projects or achievements in your application. We love seeing how you've used data to drive decisions or improve processes in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to submit all your documents in one go. Plus, it helps us keep track of your application better!
How to prepare for a job interview at Yu Energy
✨Know Your Numbers
As a Trading Risk and Operations Manager, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key statistics and modelling techniques relevant to the energy sector. Be prepared to discuss how you've applied these skills in past roles, especially in forecasting and risk management.
✨Understand the Market Landscape
Familiarise yourself with the current trends in electricity and gas commodity markets. Research recent changes in Market-Wide Half-Hourly Settlement (MHHS) and be ready to share your insights on how these might impact trading strategies. Showing that you’re up-to-date will impress your interviewers.
✨Showcase Your Leadership Skills
You'll be leading a team, so it's crucial to highlight your experience in nurturing and developing analytical capabilities. Prepare examples of how you've successfully managed teams in the past, focusing on continuous improvement and automation in processes. This will show that you can drive results and foster growth.
✨Communicate Effectively
Strong verbal and written communication skills are essential for this role. Practice articulating complex ideas clearly and concisely. Think about how you can convey technical information to non-technical stakeholders, as this will be key in liaising with the Trading and Pricing teams.