Model Risk Analyst - Energy

SmartestEnergy Business Limited; Greater London; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Flexible working: work from anywhere up to 30 days a year

Commitment to diversity and inclusion

Job summary

SmartestEnergy Business Limited is looking for a Model Risk Analyst to enhance their risk framework through model validation and quantitative analysis. You will engage in tasks that include designing innovative risk methodologies and validating front office pricing models, all while supporting Risk teams with your expertise.

The position offers hybrid working, allowing flexibility to balance professional and personal commitments. Join a diverse team that values every individual's contribution and is committed to expanding its global reach.

Qualifications

• Experience of quantitative risk management.
• Energy or finance industry background required.

Responsibilities

• Design & implementation of risk methodologies for non-standard transactions.
• Independent validation of front office pricing and valuation models.
• Contribute to shaping and governance of model validation policy.
• Modelling of market data for commodity risk factors.
• Support other Risk teams on quantitative risk models.
• Support programming tasks that enhance ways of working.

Skills

Quantitative risk management

Energy industry background

Finance industry background

Job description

Do you enjoy using quantitative analysis to solve complex risk challenges and influence key commercial decisions?

As a Model Risk Analyst, you'll play a vital role in strengthening our risk framework by validating valuation models, developing innovative risk methodologies, and providing the analytical insight needed to measure, monitor, and manage risk across our Trading and Origination portfolios.

How will I spend my time in this role?

• Design & implementation of risk methodologies, in particular for non‑standard transactions;
• Independent validation of front office pricing and valuation models;
• Contribute to shaping and governance of model validation policy and practices;
• Modelling of market data for commodity risk factors;
• Support other Risk teams on all quantitative risk models and methods;
• Support other Risk teams on small tactical programming tasks that enhance efficient ways of working.

What skills/experience do I need to be successful?

• Experience of quantitative risk management;
• Energy or finance industry background required.

What sets us apart?

• Global Impact: With offices in the UK, US, Spain 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.