Risk Analyst

Greenergy; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a dynamic team at an innovative company leading in waste-based renewables and fuel supply. As a Risk Analyst, you'll play a crucial role in identifying and managing market risks, producing insightful reports, and collaborating with various teams. This position offers a unique opportunity to contribute to a growing organization that values innovation, teamwork, and integrity. With a commitment to employee development and a supportive work environment, you’ll be empowered to make a significant impact while enjoying competitive benefits and a vibrant workplace culture.

Benefits

Competitive Salary

Private Medical Insurance

Enhanced Company Pension

Cycle to Work Scheme

Season Ticket Loan

Volunteering Days

Enhanced Holiday Allowance

Global Travel Insurance

Employee Discount Platform

Enhanced Parental Leave

Qualifications

• Strong experience in physical oil/products market risk is essential.
• Ability to work in a fast-paced trading environment is crucial.
• Experience with large data volumes and reporting is necessary.

Responsibilities

• Produce daily position and P&L reports for market risk exposures.
• Collaborate with accountants for reconciliation of P&L figures.
• Identify gaps and develop reports for stakeholder transparency.

Skills

Market Risk Analysis

Advanced MS Excel

Data Analysis

Communication Skills

Team Collaboration

Analytical Mindset

Education

Degree in Finance or related field

Accounting Qualification

Tools

TriplePoint ETRM

Job description

Risk Analyst

Department: Finance

Employment Type: Permanent

Location: London

Description

Commitment to innovation and a drive to do things differently have seen Greenergy grow from a bedroom start-up to become a world leader in waste-based renewables, and the UK's leading fuel supplier. We endeavour to approach the status quo of an established industry with fresh eyes, and empower our people to develop and to deliver change through innovation. Our values underpin every interaction we have, whether with colleagues, customers, suppliers and the communities in which we operate. It is these values of Respect, Ownership, Care and Integrity that have delivered our growth as a business and developed strong customer relationships.

Choose to work for Greenergy and you'll join a dynamic and passionate team, who are constantly looking to grow and improve.

The primary responsibility of the Market Risk team is to act as a vital control function which enables Greenergy to trade in a responsible, transparent and controlled manner.
This role is pivotal to the business and requires a meticulous and entrepreneurially minded person to take ownership of multiple business sectors; ensuring any possible market risks are quickly reported to the Head of Risk Management. As the company continues to grow, there is a real demand for dynamic, hardworking and enthusiastic individuals to help support Greenergy's rapid growth.

Key Responsibilities

Main Responsibilities:

• Use initiative and lateral thinking to identify gaps in and develop/implement reports to increase transparency for stakeholders in the business.
• Producing daily position reports which transparently summarise all market risk exposures arising from the business's trading and hedging activities.
• Producing daily Profit & Loss reports (mark to market) including justified and commercially driven commentary.
• Validating all markers used in the daily P&L reports and ensuring the methodologies applied provide commercially meaningful reports.
• Working closely with Accountants to support the reconciliation process between the reported middle office P&L figures and the monthly accounts.
• Collaborate with Business Analysts to drive the development of the TriplePoint ETRM system.
• Ad hoc tasks as required to support the Risk team and the wider business

General:

• Role model the Greenergy values
• Any other reasonable tasks as requested.

Skills, Knowledge and Expertise

• Qualifications and Experience
  • Strong experience in physical oil/products market risk (Essential)
  • Strong knowledge of MS Excel to an advanced level (Essential)
  • Experience working with large volumes of data, reporting and using insights to drive decision-making. (Essential)
  • Experience working in a fast-paced trading and operations environment (Essential)
  • ETRM: TriplePoint (CXL) experience (Desirable)
  • Accounting qualification (Desirable)
• Personal Attributes
  • Strong communication skills, reliable and co-operative team member.
  • An analytical mindset, data driven with a passion for using data to drive commercial decision making
  • Ability to work collaboratively in a team environment and manage multiple projects simultaneously.
  • Demonstrable track record for flexibility - adapting and evolving style and deliverable to meet competing deadlines from different stakeholders
  • Commitment to getting the job done, willing to 'get hands dirty' to deliver objectives.
  • Exceptional interpersonal skills with a proven ability to build relationships and provide clear guidance to leaders at all levels.
  • Enthusiastic approach to develop the role and drive change.
  • Control mind set, demonstrate the confidence to challenge decisions and hold up the mirror to business activities ensuring they are transparently reported.
  • Required to be available for travel to sites around the UK and internationally as appropriate.

Benefits

• Competitive compensation: Enjoy a competitive salary, complemented by a generous performance-related pay scheme that recognises your achievements.
• Private medical insurance: Prioritise your health with comprehensive private medical insurance, including access to online GP services from AXA for you and your family.
• Enhanced company pension: Secure your future with enhanced company pension contributions that support your long-term financial goals.
• Cycle to work scheme: Embrace a sustainable lifestyle with our cycle to work scheme.
• Season ticket loan: Spread the cost of your commute and take advantage of annual discounts with an interest free season ticket loan.
• Volunteering and charity: We encourage you to give back to the community through volunteering days and charitable initiatives.
• Enhanced holiday allowance: Enjoy 25 days of annual leave, in addition to bank holidays.
• Global travel insurance: Travel with peace of mind, courtesy of worldwide multi-trip travel insurance coverage for you and your family.
• Employee discount platform: Access exclusive discounts through our employee discount platform.
• Enhanced parental leave: Generous maternity and paternity pay to support you and your family when you need it most.

Greenergy are proud to be an equal opportunities employer and we are committed to equality of opportunity for all staff. We believe that diversity and inclusion among our colleagues is critical to our success as a global company. Employment at Greenergy is based solely on a person's merit and qualifications directly related to professional competence. We do not discriminate against any employee or applicant because of age, disability, sex, gender reassignment, sexual orientation, pregnancy, maternity, race, religion or belief, marriage and civil partnerships.