Enable job alerts via email!

Power & Gas Trading Risk Manager

Point72

London

On-site

GBP 70,000 - 120,000

Full time

4 days ago

Be an early applicant

Boost your interview chances

Create a job specific, tailored resume for higher success rate.

Job summary

A leading investment firm is looking for a Power & Gas Trading Risk Manager in London. The role requires a deep understanding of risk management in energy trading and involves developing innovative risk handling strategies. The ideal candidate will possess strong analytical skills, communication abilities, and a background in quantitative analysis.

Benefits

Career development opportunities

Innovative work environment

Performance-based rewards

Qualifications

Five or more years of experience as a risk or portfolio manager.
Solid understanding of energy products and risk management.
High proficiency in SQL and quantitative programming.

Responsibilities

Identify and communicate material risks of the business.
Develop and advance stress testing and VaR frameworks.
Manage and mentor Quantitative Analysts.

Skills

Analytical Rigour

Communication

Risk Analysis

Quantitative Programming

Education

Bachelor's degree in finance, economics, or related

Tools

SQL

Python

MATLAB

Join to apply for the Power & Gas Trading Risk Manager role at Point72

About:

Point72 Asset Management is seeking a Risk Manager specialized in Gas and Power Trading to join our Risk Management & Quantitative Research (RQR) team.

The RQR team plays a vital role in the firm’s investment process, building a deeply rooted culture of efficient risk management and factful performance attribution. Risk managers will lead research efforts to identify opportunities for improved risk management, investment behavior, and portfolio construction, with the goal of helping the firm deliver superior risk-adjusted performance. The paramount mission of the team is to protect the firm from excessive levels of exposure and ensure that risk-taking is efficient and deliberate.

The Risk Manager will:

Focus on the risk and activities of all Gas and Power Trading PMs as well as overall such risk across the Global Macro and Cubist Macro businesses. More specifically, this includes:

Identifying, capturing, and communicating material risks of the business, including credit, tail risk, liquidity, and convexity.
Ensuring that risk-taking at the individual portfolio level and at the firm level is efficient and deliberate, by setting appropriate risk guidelines and limits.
Developing and advancing stress testing and VaR frameworks.
Developing and maintaining a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level.
Actively managing the firm’s risk exposures through regular meetings, analysis and insights.
Leading research efforts to develop innovative risk management approaches, tools and analytics by leveraging the collective knowledge of the platform. The goal is to enhance the quality of performance and improve the firm’s risk-adjusted return.
Enhancing management’s understanding of investment performance by developing intuitive and efficient frameworks for performance attribution and educating all internal constituencies on those frameworks.

Provide additional support with other risk managers in managing the market risk across the Macro business.
Manage and mentor Quantitative Analysts on the team.

We seek candidates with:

Five or more years of experience as a risk manager or a portfolio manager, directly related to US and European power & gas products.
Solid energy product knowledge and analytical rigor in terms of pricing models, risk sensitivities and the best practice for risk aggregation in a portfolio context
Detailed understanding of risk management, portfolio construction, and trading.
High level of proficiency in SQL and quantitative programming (e.g. Python, MATLAB, R); experienced in dealing with large data sets.
Strong communication skills and prior experience interacting with portfolio managers.
The ability to manage multiple tasks independently and deadlines in a fast-paced environment.
Ability to proactively seek new ideas and solution to improve the status quo.
Ability to work cooperatively with all levels of staff as part of a team.
Excellent interpersonal skills and “emotional intelligence” – we seek a demonstrated ability to build relationships both internally and externally.
Strong communication skills – an ability to clearly and concisely articulate complex ideas to senior management and portfolio managers is critical.
A commitment to the highest ethical standards and to act with professionalism and integrity.

Point72 offers substantial career opportunities:

We are a workplace where performance and integrity go hand in hand
We are committed to personal and professional development
We expect and reward innovation and creativity
We create opportunities for long-term careers
We measure success by the merits of the work, its quality and the results obtained

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Finance and Sales

Referrals increase your chances of interviewing at Point72 by 2x

Get notified about new Risk Manager jobs in London, England, United Kingdom.

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 2 months ago

Governance, Risk and Compliance (GRC) Manager