Model Risk Manager - Energy

SmartestEnergy Business Limited; Greater London; On-site; GBP 60,000 - 80,000; Full time

Benefits offered by this job

Flexible working up to 30 days a year

Job summary

SmartestEnergy Business Limited in Greater London is seeking a Model Risk Manager who will be pivotal in shaping how risk is measured and managed across Trading and Origination portfolios. You will validate valuation models and develop risk methodologies while working with diverse stakeholders.

The role promotes a hybrid working model, allowing for flexibility in your work environment. The ideal candidate should have experience in quantitative risk management, preferably within the energy or finance sectors.

Qualifications

• Experience of quantitative risk management within the energy or finance industry.

Responsibilities

• Design & implementation of risk methodologies for non-standard transactions.
• Independent validation of front office pricing and valuation models.
• Shape governance of model validation policy and practices.
• Model market data for commodity risk factors.
• Support quantitative risk models and methods.

Skills

Quantitative risk management

Energy or finance industry background

Job description

Are you a quantitative risk professional who enjoys combining technical expertise with strategic influence?

As our Model Risk Manager, you'll play a pivotal role in shaping how risk is measured, understood, and managed across our Trading and Origination portfolios.

Leading a broad range of quantitative risk initiatives, you’ll be responsible for validating valuation models, developing robust risk methodologies, and providing expert insight that supports informed commercial decision‑making. Working closely with stakeholders across the business, you’ll help ensure our risk framework remains rigorous, innovative, and fit for purpose in a fast‑moving energy market.

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.

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 localise 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. At the bottom of each of our adverts you can find one of our recruitment teams’ contact details. Please reach out so we can discuss with you further.