Business Analyst - Risk

CFP Energy Ltd.; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player in energy trading is seeking a Risk Business Analyst to drive key transformation initiatives. In this role, you will collaborate with business and technology teams to implement essential risk management capabilities. Your expertise in energy derivatives and financial risk metrics will be crucial as you gather requirements, propose innovative solutions, and ensure alignment with strategic goals. This position offers a dynamic environment where your contributions will directly impact the efficiency and effectiveness of trading operations. If you're passionate about driving change and improving processes, this opportunity is perfect for you.

Qualifications

• Extensive experience in energy derivatives modelling and financial risk metrics.
• Proven ability to coordinate complex change initiatives.

Responsibilities

• Lead requirement gathering and documentation for enhancements and projects.
• Build relationships with stakeholders and manage expectations.

Skills

Business Analysis

Stakeholder Management

Data Driven Analysis

Change Management

Risk Management

Energy Derivatives Modelling

ETRM Applications

Agile Methodologies

Waterfall Methodologies

Tools

Risk Modelling Software

Job description

Job summary:

CFP Energy is a vibrant, award-winning, commodity trading and supply group comprised of several high-growth businesses. We provide innovative energy solutions that empower businesses to prosper in a sustainable world.

As a Risk Business Analyst at CFP you will work with business and technology colleagues to analyse and help implement the process and system changes needed to deliver the risk management capabilities underpinning the companies' needs and vision.

The jobholder:

As an experienced IT Business Analyst within the Energy Trading Risk domain, you will be involved in the delivery of a key global transformation initiative. As a member of the product team, working autonomously and within a team, you will play a pivotal role working with business stakeholders, product owners and technical teams alike in driving and guiding change and efficiency across the organisation. You will be required to elicit and document requirements from different stakeholders, propose solutions to problems and be the link with the engineering team to deliver change.

Essential functions of the job:

Business Analysis & Delivery:

1. Lead business requirement gathering and documentation for prioritised enhancements, projects, and defects in the change management repository.
2. Plan, deliver, and assure business analysis deliverables.
3. Drive and manage scope and design, assessing risks, feasibility, opportunities, and business impacts of various solutions.

Stakeholder Management:

1. Build and maintain relationships with key stakeholders, keeping them informed and managing expectations.
2. Ensure transparent communication with business collaborators throughout the lifecycle of change processes.
3. Maintain and build key relationships with external IT teams and internal business collaborators.

Innovation & Improvement:

1. Alongside the Product Owner, generate innovative approaches to existing problems or new opportunities.
2. Standardise and reinforce processes for eliciting requirements, designing, and validating system functionality.
3. Ensure solutions deliver benefits aligned with longer-term strategic goals.

Technical Skills & Coordination:

1. Operate as a Business Analyst across functions, translating business needs into functional designs for technical teams.
2. Capture and prioritize features and functionality within the delivery backlog.
3. Ensure developed items meet business requirements before formal release management cycles.

Change Management:

1. Participate in backlog grooming activities as part of scrum prioritization.
2. Coordinate change across different delivery teams, managing conflicting priorities.
3. Ensure strategic alignment with IT projects, goals, and architecture.
4. Manage functional delivery through various digital disciplines, securing business sign-off for solutions.

Skills and experience required:

1. Extensive experience with the modelling of energy derivatives, both OTC and exchange-traded, including delta 1 derivatives, vanilla and exotic options.
2. Detailed knowledge of financial risk metrics and the associated calculation.
3. Experience operating within commodities and/or financial markets and associated Trading processes.
4. Utilisation of data driven analysis and modelling to prototype problem solutions.
5. Experience working in and around ETRM applications and specialist risk modelling software.
6. Exposure to the full trade lifecycle with a focus on trade valuation & risk management.
7. Demonstrable experience of coordinating complex change.
8. Delivered change under both waterfall and agile SDLC methodologies.

The CF Group is committed to ensuring equal opportunities, fairness of treatment, dignity and respect, and the elimination of all forms of discrimination in the workplace for all employees/contractors and job applicants.