Model Risk Analyst - Energy

SmartestEnergy Limited; Greater London; Hybrid; GBP 50,000 - 60,000; Full time

Benefits offered by this job

Flexible Working

Commitment to Diversity and Inclusion

Hybrid working

Job summary

SmartestEnergy Limited is seeking a Model Risk Analyst in Greater London to strengthen their risk framework. The role involves validating valuation models and developing innovative risk methodologies while providing analytical insights for managing risk across Trading and Origination portfolios.

The successful candidate will enjoy a competitive salary and benefits including flexible working options and a commitment to diversity and inclusion within a globally-minded team.

Qualifications

• Experience in quantitative risk management.
• Background in the energy or finance industry is required.

Responsibilities

• Design and implement risk methodologies for non-standard transactions.
• Validate front office pricing and valuation models independently.
• Shape and govern model validation policy and practices.
• Model market data for commodity risk factors.
• Support Risk teams on quantitative models and methods.
• Assist with small programming tasks for efficiency.

Skills

Quantitative risk management

Energy or finance industry knowledge

Job description

Yearly salary 50,000.00 GBP - 60,000.00 GBP

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.

Responsibilities

• Design and 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

Qualifications

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

Benefits

• 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
• Hybrid working: 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