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: Great career progression in a supportive and modern work environment.
- Why this job: Make a real impact in the energy sector while developing your analytical skills.
- Qualifications: 5+ years in energy trading with strong numerical and analytical abilities.
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 Group
At Yü, we pride ourselves on fostering a dynamic and supportive work environment in Nottingham and Leicester, where passionate individuals can thrive. As a Trading Risk and Operations Manager, you will benefit from a comprehensive range of perks, including generous annual leave, professional development opportunities, and a culture that values innovation and teamwork. Join us to be part of a company that not only prioritises employee well-being but also encourages growth and recognition for your contributions.
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 industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your experience aligns with their goals. This will help you stand out as a candidate who truly gets what they’re about.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management and forecasting. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 4
Don’t forget to follow up after your interviews! A simple thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
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 keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Yu Group
✨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, especially around volume forecasting and commodity pricing. Be ready to discuss how you've applied these skills in past roles.
✨Understand the Industry Landscape
Familiarise yourself with the current trends and changes in the energy market, particularly regarding Market-Wide Half-Hourly Settlement (MHHS). Showing that you’re aware of industry shifts will impress your interviewers and highlight your proactive approach to risk management.
✨Showcase Your Leadership Skills
Since this role involves leading a team, be prepared to share examples of how you've nurtured and developed analytical capabilities in previous positions. Discuss specific instances where your leadership made a tangible difference in team performance or project outcomes.
✨Prepare for Scenario Questions
Expect questions that ask you to analyse hypothetical situations related to hedging strategies or risk management. Practice articulating your thought process clearly and logically, demonstrating how you would approach problem-solving in real-time scenarios.