Risk Manager (Quant Modelling and Data)

SSE plc; Glasgow; Hybrid; GBP 58,000 - 87,000; Full time

Benefits offered by this job

Private healthcare discount

Gym membership discounts

Wellbeing benefits (online GP, 24/7 상담

Interest-free loans for tech/transport

Cycle to Work scheme

Maternity and adoption pay

Paternity leave

Job summary

SSE plc is seeking an experienced Energy Markets Risk Manager (Quant Modelling and Data) to lead risk across its evolving energy portfolio. The role sits at the heart of the energy transition, influencing decision-making across renewable generation, thermal assets, and trading activities, combining modelling, data leadership, and commercial partnership to build robust risk frameworks.

You will lead a small team, develop and enhance quantitative market risk models, oversee data infrastructure and

Qualifications

• Strong experience developing quantitative risk models within energy, commodities, or financial markets.
• Deep understanding of power and gas markets.
• Advanced Python and data analysis capabilities; experience with SQL/PySpark/cloud platforms.
• Expertise in stochastic modelling, simulation methods, and time series analysis.

Responsibilities

• Lead the development and enhancement of quantitative market risk models, translating trading strategies into meaningful risk metrics, controls, and insights.
• Oversee and evolve risk data infrastructure and analytical pipelines, ensuring high-quality, timely, and scalable risk reporting across the business.
• Partner closely with Front Office and commercial teams to support new trading strategies, bespoke contracts, and emerging energy products.
• Manage and support a team of analysts, fostering collaboration, technical development, and continuous improvement.
• Communicate complex market risk concepts clearly and confidently to stakeholders across all levels, including senior leadership and risk committees.

Skills

Python

Data analysis

SQL

PySpark

Cloud platforms

Stochastic modelling

Time series analysis

Team leadership

Stakeholder communication

Tools

PySpark

SQL

Cloud platforms

Job description

Base Location: You'll be expected to spend 50% of your working week in our Perth or Edinburgh office

Salary: £58,100- £87,100 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.

Working Pattern: Permanent | Full Time | Flexible First options available

The role

We’re looking for an experienced and collaborative Energy Markets Risk Manager (Quant Modelling and Data) to play a leading role in shaping how SSE manages market risk across its evolving energy portfolio. Sitting at the heart of the energy transition, this role offers the opportunity to influence decision‑making across renewable generation, thermal assets, and energy trading activities. You’ll combine quantitative modelling expertise, data leadership, and commercial partnership to help deliver robust and forward‑looking risk frameworks in increasingly complex energy markets. Working closely with stakeholders across trading, risk, technology, and senior leadership, you’ll lead a small team while helping to build scalable, innovative, and resilient risk capabilities that support SSE’s long‑term ambitions.

You will

• Lead the development and enhancement of quantitative market risk models, translating trading strategies into meaningful risk metrics, controls, and insights.
• Oversee and evolve risk data infrastructure and analytical pipelines, ensuring high‑quality, timely, and scalable risk reporting across the business.
• Partner closely with Front Office and commercial teams to support new trading strategies, bespoke contracts, and emerging energy products.
• Manage and support a team of analysts, fostering collaboration, technical development, and continuous improvement.
• Communicate complex market risk concepts clearly and confidently to stakeholders across all levels, including senior leadership and risk committees.

You have

• Strong experience developing quantitative risk models within energy, commodities, or financial markets, with a deep understanding of power and gas markets.
• Advanced Python and data analysis capabilities, alongside experience working with modern data frameworks such as SQL, PySpark, or cloud‑based platforms.
• Expertise in quantitative techniques such as stochastic modelling, simulation methods, and time series analysis.
• Experience working collaboratively with trading desks and commercial stakeholders in fast‑paced and evolving market environments.
• A supportive and relationship‑oriented approach, with the ability to lead teams, influence stakeholders, and communicate complex ideas with clarity and confidence.

About SSE

SSE’s purpose is to provide energy needed today while building a better world of energy for tomorrow. We do this by developing, building, operating and investing in electricity infrastructure and businesses needed in the energy transition. Our Transforming for Growth investment plan sees us investing £33bn in critical electricity infrastructure across the five years to 2030.

SSE Energy Markets secure the energy needed to power customers’ lives, while creating value for SSE. Our Energy Markets trading teams buy the fuel needed to deliver cleaner energy and sell power generated in our wind farm, hydro and thermal assets back to the markets.

Flexible Benefits To Fit Your Life

• Enjoy discounts on private healthcare and gym memberships.
• Wellbeing benefits like a free online GP and 24/7 counselling service.
• Interest‑free loans on tech and transport season tickets, or a new bike with our Cycle to Work scheme.
• As well as generous family entitlements such as maternity and adoption pay, and paternity leave.

Work with an equal opportunity employer

SSE will make any reasonable adjustments you need to ensure that your application and experience with us is positive. Please contact [e-mail] / 01738 351816 to discuss how we can support you.

We're dedicated to fostering an open and inclusive workplace where people from all backgrounds can thrive.

We create equal opportunities for everyone to succeed and especially welcome applications from those who may not be well represented in our workforce or industry.