Market Risk Analyst - Energy Markets

JR United Kingdom; Slough; On-site; GBP 45,000 - 70,000; Full time

Job summary

A London-based commodities firm seeks a Market Risk Analyst to join their team in Slough. This role focuses on measuring, monitoring, and reporting market risks across various asset classes including energy. Candidates should possess a strong analytical background, proficient programming skills in VBA or Python, and solid experience in the energy markets.

Qualifications

• Degree in a quantitative field is essential.
• Experience in market risk within energy markets is preferred.
• Proficiency in VBA or Python required.

Responsibilities

• Maintaining risk monitoring reports and trade modeling.
• Conducting stress tests for various risks.
• Overseeing new product onboarding and valuation controls.

Skills

Analytical skills

Communication skills

Numeracy

Education

Degree in Mathematics, Mathematical Finance, Physics, or Engineering

Tools

Excel VBA

Python

Openlink Endur

Job description

Social network you want to login/join with:

Market Risk Analyst - Energy Markets, Slough

Client:

Location:

Slough, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Views:

5

Posted:

31.05.2025

Expiry Date:

15.07.2025

Job Description:

Our client, an interesting London-based commodities firm, is seeking to hire a Market Risk Analyst to join their team.

As part of the second line risk function, the role involves ensuring market risk, liquidity risk, credit risk, and operational risks are appropriately measured, monitored, and reported in accordance with company and regulatory policies.

Asset classes covered include metals and energy.

Key Responsibilities & Accountabilities

• Maintain and revise risk monitoring reports (market risk, credit risk, liquidity risk); requiring proficiency in Visual Basic programming or Python.
• Trade modelling and validation.
• Configure and model forward pricing curves.
• Design, conduct, and analyze stress tests for liquidity, market, and credit risks.
• Maintain and enhance the market risk VaR model, including model backtesting.
• Oversee new product onboarding, control, and release.
• Conduct month-end valuation controls (CVA/DVA, model and liquidation reserves).
• Perform risk control assessments and audits.
• Implement change management to improve current processes and controls.
• Complete ad hoc tasks and project work.
• Liaise with risk teams and trading desks in London, Paris, New York, and Singapore.

Requirements:

• Degree in a quantitative field such as Mathematics, Mathematical Finance, Physics, or Engineering.
• Excellent numeracy, analytical skills, and strong communication skills.
• Proficiency in Excel VBA or Python.
• Experience within market risk in energy markets (oil, gas, power).
• Knowledge of Openlink Endur or similar ETRM systems is highly advantageous.
• Solid understanding of commodity derivatives.
• Organized, able to work under strict deadlines, and capable of multitasking.
• Ability to work independently and as part of a global team.