Junior Middle Office and Risk Analyst (f/m/d)

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

Join Axpo Iberia and play an active role in strengthening internal controls and risk processes across our Power and Gas activities. A great opportunity to combine analytical thinking with cross-department collaboration.

What you will do:

• Report and control risk parameters such as prices, volatilities, and correlations
• Ensure the completeness and accuracy of data in the ETRM application, supporting its functional and technical stability
• Develop and monitor an adequate Middle Office control framework for Axpo Iberia activities
• Support the Risk Manager in applying sound methodologies to analyze business products and define development activities for the Power and Gas Division
• Assist the Risk Manager in assessing risk indicators, analyzing scenarios, and reporting risks
• Collaborate closely with other departments, including Controlling, Accounting, and Front Office

What you bring & who you are:

• A Bachelor's or University degree in Finance, Business Administration, Engineering, or a related field
• A good understanding of financial markets and commodities
• Strong communication skills and a collaborative, committed mindset
• Sound judgement and confident decision-making abilities
• Fluent in Spanish and English
• Ideally, 3-5 years of experience in a similar role in the electricity/gas or financial sector, or within a Big 4 audit firm, along with a Master's or specialized training in Quantitative Finance, Financial Derivatives, or an FRM qualification

About the team:

You’ll join a collaborative team at the heart of Axpo Iberia's trading operations, working closely with Risk Management and other departments. We value analytical rigor, teamwork, and continuous improvement.

Benefits:

At our company, we strive to create a culture of continuous learning, personal growth, and inter- national community involvement. We're passionate about providing our employees with the tools and resources they need to succeed, and we're confident that you'll love being part of our team!

• Working Hours We offer flexible working hours to accommodate your work schedule. We can work part of our time remotely and the rest at our offices in Madrid, Torre Europa.
• Meal allowances

You can enjoy delicious meals on us, no matter if you are working remotely or on-site.

• Option to use it for public transportation or childcare instead.
• Internet Compensation We cover the cost of your home internet connection, as we understand how essential connectivity is in the modern workplace.
• Training courses Our company is committed to helping our employees grow and develop their skills, which is why we offer a variety of industry- specific training courses and a learning channel.
• Gym Coverage Stay active and healthy with our 90% coverage benefit, which provides access to the nearby gym: Forus Selection to keep you energized throughout the day
• Health Insurance We take the health and well-being of our employees seriously, which is why we offer a comprehensive health insurance plan and the option to extend it to your spouse and children.

At Axpo Group, we are dedicated to fostering a culture of non-discrimination, tolerance, and inclusion. As an equal opportunity employer, we welcome applications regardless of race and ethnicity, gender identity and expression, sexual orientation, age, disability, as well as socioeconomic, cultural, and religious background. We are committed to ensuring a respectful and inclusive recruiting process and workplace for everyone.