Hybrid Junior Risk & Middle Office Analyst - Power & Gas

Axpo Iberia; Madrid; Hybrid; EUR 45,000 - 70,000; Full time

Benefits offered by this job

Meal allowances

Internet compensation

Training courses

Gym coverage

Health insurance

Job summary

Axpo Iberia is seeking a Risk Analyst to strengthen internal controls and risk processes for Power and Gas activities. You will report risk parameters, ensure data accuracy in ETRM, and develop a robust Middle Office framework while supporting the Risk Manager with methodologies and scenario analyses.

You will work closely with Risk Management and other departments, contributing to a culture of analytical rigor, teamwork, and continuous improvement in Madrid or remotely within Spain.

Qualifications

• Bachelor's degree in Finance, Business, Engineering, or related field.
• Solid understanding of financial markets and commodities.
• Strong communication and collaborative mindset.
• Good judgement and decision-making abilities.
• Fluent in Spanish and English.
• 3–5 years of experience in a similar role in electricity/gas or financial sector; Big 4 audit with a Master's or FRM is a plus.

Responsibilities

• Report and control risk parameters such as prices, volatilities, and correlations.
• Ensure completeness and accuracy of data in the ETRM application.
• Develop and monitor a Middle Office control framework for Axpo Iberia.
• Assist Risk Manager in applying sound methodologies to analyze business products.
• Assist Risk Manager in assessing risk indicators, analysing scenarios, and reporting risks.
• Collaborate with Controlling, Accounting and Front Office.

Skills

Financial markets

Data analysis

Communication

Bilingual ES/EN

Education

Bachelor's degree in Finance/Business/Engineering

Job description

Axpo Iberia is seeking a Risk Analyst to strengthen internal controls and risk processes for Power and Gas activities. You will report risk parameters, ensure data accuracy in ETRM, and develop a robust Middle Office framework while supporting the Risk Manager with methodologies and scenario analyses.

You will work closely with Risk Management and other departments, contributing to a culture of analytical rigor, teamwork, and continuous improvement in Madrid or remotely within Spain.