Market Risk Analyst

SmartestEnergy; London; Hybrid; GBP 60,000 - 62,000; Full time

Job summary

Join a forward-thinking company as a Market Risk Analyst, where you'll develop innovative models and tools to analyze market risks in the energy sector. This role offers the chance to make a global impact while working in a flexible hybrid environment. You'll leverage your expertise in risk management and Excel to provide expert recommendations and shape the future of market risk management. With a commitment to diversity and inclusion, this dynamic team values your well-being and encourages a healthy work-life balance. If you're ready to make a difference in the energy landscape, this opportunity is for you.

Benefits

Flexible working (work from anywhere for 30 days)

Commitment to diversity and inclusion

Opportunities for global impact

Work-life balance support

Qualifications

• Significant experience in risk, pricing, or analytics roles within the energy sector.
• Strong proficiency in Excel and programming in Python, SQL, R, or VBA.

Responsibilities

• Develop innovative models and tools for market risk analysis.
• Present compelling risk proposals and support new business activities.

Skills

Risk analysis

Excel

Python

SQL

R

VBA

Market knowledge

ETRM systems

Job description

As a Market Risk Analyst, you'll develop innovative models and tools, perform in-depth analyses, and present compelling risk proposals. You'll keep our risk policies current, support new business activities, and provide expert recommendations. With your knowledge of the GB electricity markets, risk management and proficiency in Excel and basic programming, you'll help shape the future of market risk management.

What skills/experience do I need to be successful?

• Significant experience in the energy sector in a risk, pricing or analytics role;
• Performed risk analysis in Excel or other applications, on aspects such as prices, market liquidity, portfolio positions, such as computing volatilities, correlations, P&L distributions, value-at-risk, risk premia, etc;
• Some exposure to ETRM systems and trading databases;
• Reviewed and updated controls and limits such as on positions and P&Ls for monitoring business activities;
• Strong knowledge of Excel and some ability to program in at least one language, such as Python, SQL, R or VBA.

What sets us apart?

• Global Impact: With offices in the UK, US, and Australia, and plans for further expansion, you'll be part of a dynamic, globally-minded team, with opportunities to explore new markets and make a difference on a global scale.
• Flexible Working: Embrace the freedom to work from anywhere in the world for up to 30 days a year. We prioritize work-life balance, recognizing that your well-being matters.
• Commitment to Diversity and Inclusion: We celebrate our diverse culture and value individuals irrespective of background, disability, religion, gender identity, sexuality, or ethnicity. Join a team where diversity is not just welcomed but celebrated as a key driver of growth and innovation.

What does hybrid working mean to us?

Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.

What happens next?

Once we receive your application, it will be reviewed by a human - no bots here! The average process typically takes around 2-3 weeks, with 2 stages of video interviews using Teams. However, this can vary depending on the role. We may invite you for a face-to-face meeting or require only 1 video interview. If you have any questions or need support, our Recruitment Team is here to assist you.

Ready to join us on our journey to digitise, decarbonise, and localize the future of energy? Apply now.

We're committed to making the application process easy and comfortable. Let us know how we can help you with any reasonable adjustments that can be tailored to your needs.

Department: Risk
Locations: SmartestEnergy Limited - London office - Canary Wharf
Remote status: Hybrid
Yearly salary: £60,000 - £62,000
Employment type: Full-time