(Senior) Quantitative Risk Analyst

RWE Supply & Trading; Greater London; On-site; GBP 90,000 - 140,000; Full time

Job summary

RWE Supply & Trading GmbH in London is seeking a highly skilled quantitative risk modeller to join our global team. You will validate and revalidate risk and P&L models across markets, challenging methodologies to ensure fit-for-purpose use and robust governance.

The role emphasizes developing and maintaining risk methodologies through rigorous analysis, and applying AI-enabled workflows with appropriate controls, while collaborating with risk teams across locations.

Qualifications

• An MSc, PhD or equivalent qualification in a quantitative discipline and the ability to solve complex problems through quantitative and qualitative analysis.
• Knowledge of the commodity trading lifecycle and physical and/or financial trading instruments, with experience in quantitative risk, pricing or P&L modelling, ideally in commodity markets.
• Experience integrating AI into controlled validation workflows, with specialist review and final sign-off.
• Ability to explain complex methodologies to non-specialists, defend analytical conclusions and build trusted stakeholder relationships, while collaborating and sharing expertise across teams, functions and international locations.
• Confidence to make informed decisions, challenge constructively and deliver high-quality work within trading deadlines.

Responsibilities

• Validate and periodically revalidate risk and P&L models across global commodity trading to maintain model governance; constructively challenge methodologies and model use to ensure models are fit for purpose and applied appropriately.
• Develop, implement and maintain risk management methodologies through rigorous quantitative analysis and practical modelling.
• Advise on risk and pricing methodologies for new business initiatives.
• Work with Risk teams to resolve modelling challenges and translate complex valuation, implementation and risk issues into clear business insights.
• Help streamline recurring validation and documentation workflows using AI-enabled approaches with appropriate controls.

Skills

Quantitative analysis

Model validation

Stakeholder communication

Education

MSc/PhD in quantitative discipline

Tools

Python

AI tools

Job description

RWE Supply & Trading GmbH

To start as soon as possible, full time / part time, permanent

About the role

• Validate and periodically revalidate risk and P&L models across global commodity trading to maintain model governance; constructively challenge methodologies and model use to ensure models are fit for purpose and applied appropriately.
• Develop, implement and maintain risk management methodologies through rigorous quantitative analysis and practical modelling.
• Advise on risk and pricing methodologies for new business initiatives.
• Work with Risk teams to resolve modelling challenges and translate complex valuation, implementation and risk issues into clear business insights.
• Help streamline recurring validation and documentation workflows using AI-enabled approaches with appropriate controls.

Job requirements and experience

• An MSc, PhD or equivalent qualification in a quantitative discipline, and the ability to solve complex problems through quantitative and qualitative analysis.
• Knowledge of the commodity trading lifecycle and physical and/or financial trading instruments, with experience in quantitative risk, pricing or P&L modelling, ideally in commodity markets.
• Experience integrating AI into controlled validation workflows, with specialist review and final sign-off.
• Ability to explain complex methodologies to non-specialists, defend analytical conclusions and build trusted stakeholder relationships, while collaborating and sharing expertise across teams, functions and international locations.
• Confidence to make informed decisions, challenge constructively and deliver high-quality work within trading deadlines.

Advantageous, but not essential

• Programming knowledge, particularly Python, to support quantitative analysis and modelling.
• Experience with risk measurement approaches such as stress testing and Value-at-Risk.
• Insights from other markets or quantitative disciplines that offer fresh ways to assess model assumptions and develop solutions.

RWE is committed to creating a diverse and inclusive environment – we value your passion, your willingness to learn and your desire to thrive. So, if you don’t display all the skills above but think this is the job for you, need flexible working arrangements or adjustments which aren’t outlined already, we would still like to hear from you.

Further we welcome applications from individuals who may not be able to commit to full-time roles. At RWE Supply & Trading GmbH, finding the right person for the job is our top priority, and we are willing to explore flexible arrangements.

Your benefits

We offer a comprehensive package designed to support your well-being as well as your personal and professional growth. Here’s what you can look forward to:

• A permanent role in which you can make a meaningful impact on risk and P&L methodologies across global commodity markets.
• Quantitative exposure to a wide range of commodities and new business initiatives.
• The opportunity to shape methodologies and influence how risk and P&L are measured across the business.
• International collaboration with colleagues across trading, Risk and quantitative disciplines.

We value diversity and therefore welcome all applications - regardless of gender, disability, nationality, ethnic and social origin, religion/belief, age, sexual orientation, and identity. #inclusionmatters

RWE Supply & Trading is our connection to the world’s energy markets. Headquartered in Essen, Germany, the company operates one of Europe’s largest and most advanced energy trading floors. A diverse team of over 2,300 professionals from around 90 countries trades electricity, gas, commodities, and CO2 emission allowances. With precise market analysis and a strong customer focus, we create innovative energy supply solutions and tailored risk management concepts for industrial clients.

We also ensure the commercial optimisation of RWE’s power plant portfolio and market the electricity generated by RWE. In addition, legally independent RWE gas storage companies operate in Germany, contributing to a secure energy supply.