Market Risk Analyst

Greenergy; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading energy supplier in London is seeking a Market Risk Analyst to enhance risk reporting and transparency within their trading operations. The ideal candidate will have experience in the oil market and advanced Excel skills, collaborating with cross-functional teams to drive improvements in risk visibility. This role offers competitive compensation and a commitment to innovation within a diverse workplace.

Benefits

Private medical insurance

Enhanced company pension

Cycle to work scheme

Volunteering and charity days

Enhanced holiday allowance

Global travel insurance

Employee discount platform

Enhanced parental leave

Qualifications

• Previous physical oil/products market risk experience a must.
• Strong communication skills essential for transparent reporting.
• Meticulous approach with advanced Excel proficiency is required.

Responsibilities

• Produce daily position and P&L reports with transparent commentary.
• Validate methodologies for P&L reports ensuring commercial relevance.
• Support reconciliation process between P&L figures and accounts.

Skills

Analytical skills

Communication skills

Proficiency in MS Excel

Team collaboration

Entrepreneurial mindset

Education

Accounting qualification

Tools

Triple Point CXL

Job description

Market Risk Analyst

Department: Finance

Employment Type: Permanent

Location: London

Description

Commitment to innovation and a drive to do things differently have seen Greenergy grow from a bedroom start-up to become a world leader in waste-based renewables, and the UK's leading fuel supplier. We endeavour to approach the status quo of an established industry with fresh eyes, and empower our people to develop and to deliver change through innovation. Our values underpin every interaction we have, whether with colleagues, customers, suppliers and the communities in which we operate. It is these values of Respect, Ownership, Care and Integrity that have delivered our growth as a business and developed strong customer relationships.

Choose to work for Greenergy and you'll join a dynamic and passionate team, who are constantly looking to grow and improve.

We are looking for a highly analytical and detail-oriented Market Risk Analyst with prior experience in physical oil or refined products to support Greenergy's trading activities. This is an excellent opportunity for someone who thrives in a fast-paced, data-rich environment and is looking to apply their market knowledge and technical capabilities to a critical control function. The successful candidate will play a key role in producing transparent risk and P&L reporting, validating commercial assumptions, and supporting cross-functional initiatives that enhance risk visibility and trading discipline across the business.

Key Responsibilities

Reporting to the Market Risk Manager your main responsibilities will include:

• Using initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business
• Producing daily position reports which transparently summarise all market risk exposures arising from the business's trading and hedging activities
• Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary
• Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports
• Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts
• Collaborate with Business Analysts to drive the development and implementation of the TriplePoint ETRM system

General:

• Role model the Greenergy values
• Ad hoc tasks as required to support the Risk team and the wider business

Skills, Knowledge and Expertise

Essential:

• Previous physical oil/products market risk experience
• Proficiency in using MS Excel to an advanced level
• Meticulous approach with excellent analytical skills
• Strong communication skills, reliable and co-operative team member
• Commitment to getting the job done and deliver objectives
• Entrepreneurially minded with an enthusiastic approach to develop the role and drive change
• Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported

Desirable:

• Experience of working with an Energy Trading and Risk Management (ETRM) system (preferably Triple Point CXL)
• Accounting qualification

Benefits

• Competitive compensation: Enjoy a competitive salary, complemented by a generous performance-related pay scheme that recognises your achievements.
• Private medical insurance: Prioritise your health with comprehensive private medical insurance, including access to online GP services from AXA for you and your family.
• Enhanced company pension: Secure your future with enhanced company pension contributions that support your long-term financial goals.
• Cycle to work scheme: Embrace a sustainable lifestyle with our cycle to work scheme.
• Season ticket loan: Spread the cost of your commute and take advantage of annual discounts with an interest free season ticket loan.
• Volunteering and charity: We encourage you to give back to the community through volunteering days and charitable initiatives.
• Enhanced holiday allowance: Enjoy 25 days of annual leave, in addition to bank holidays.
• Global travel insurance: Travel with peace of mind, courtesy of worldwide multi-trip travel insurance coverage for you and your family.
• Employee discount platform: Access exclusive discounts through our employee discount platform.
• Enhanced parental leave: Generous maternity and paternity pay to support you and your family when you need it most.

Greenergy are proud to be an equal opportunities employer and we are committed to equality of opportunity for all staff. We believe that diversity and inclusion among our colleagues is critical to our success as a global company. Employment at Greenergy is based solely on a person's merit and qualifications directly related to professional competence. We do not discriminate against any employee or applicant because of age, disability, sex, gender reassignment, sexual orientation, pregnancy, maternity, race, religion or belief, marriage and civil partnerships.