Senior Market Risk Manager – Energy Trading & Analytics

Centrica; Greater London; Hybrid; GBP 90,000 - 140,000; Full time

Job summary

Centrica Energy is seeking a Market Risk Manager to lead market risk oversight for gas, power and renewables. You will liaise with front office and business units to enhance risk measurement methodologies and govern risk controls.

The role requires strong knowledge of energy markets, quant modelling, and a track record in managing junior staff, with London-based work and occasional travel to other Centrica offices.

Qualifications

• Strong knowledge of physical and financial energy market fundamentals and traded instruments, ideally power and gas.
• Excellent knowledge of risk management methods and techniques, including Value at Risk, Stress Testing and Option Pricing
• Experience in managing junior resources
• Strong commercial awareness, able to articulate deals to the Head of Market Risk and Front Office
• Proficient in booking systems such as Endur, EOS
• Practical experience in Power BI, Python and SQL
• Excellent attention to detail and problem-solving skills
• Confident, resilient, with a presence and a determination to succeed in a dynamic and demanding business environment
• Proactive with a drive for continuous improvement
• Strong communication skills at all levels.

Responsibilities

• Lead the market risk oversight of one of the energy trading desks, responsible for executing market risk management strategies across gas, power, and renewables.
• Promote risk discussion on the trading floor and build best practice within the team.
• Maintain knowledge of trading portfolios and monitor developments in energy markets and impact on risk.
• Quantitatively analyse new deals and identify embedded risks using simulation-based modelling.
• Work with business teams to formulate new business and product frameworks and integrate changes into policies and systems.
• Deliver improvements to market risk processes, models and methodologies (VaR, stress testing, risk-adjusted return).
• Support the digitisation of Market Risk at Centrica Energy.

Skills

Market Risk Management

VaR

Stress Testing

Option Pricing

Stakeholder Management

Team Leadership

Junior Resource Management

Tools

Endur

EOS

Power BI

Python

SQL

Job description

Centrica Energy is seeking a Market Risk Manager to lead market risk oversight for gas, power and renewables. You will liaise with front office and business units to enhance risk measurement methodologies and govern risk controls.

The role requires strong knowledge of energy markets, quant modelling, and a track record in managing junior staff, with London-based work and occasional travel to other Centrica offices.