Senior Risk Business Analyst (ETRM)

CFP Energy (UK) Ltd; London; On-site; GBP 150,000 - 200,000; Full time

Job summary

An established industry player in energy trading is seeking a Risk Business Analyst to drive transformative change. In this dynamic role, you will collaborate with business and technology teams to implement risk management solutions that align with strategic goals. Your expertise in energy derivatives and financial risk metrics will be pivotal in delivering innovative solutions and enhancing operational efficiency. Join a vibrant team that values creativity and collaboration, where your contributions will directly impact the company's success in a sustainable energy landscape.

Qualifications

• Extensive experience in energy derivatives modelling and financial risk metrics.
• Proficient in data driven analysis and change management coordination.

Responsibilities

• Lead requirement gathering and documentation for business enhancements.
• Build relationships with stakeholders and manage expectations.

Skills

Energy derivatives modelling

Financial risk metrics knowledge

Data driven analysis

Change management coordination

Experience in commodities markets

Agile SDLC methodologies

Waterfall SDLC methodologies

Tools

ETRM applications

Risk modelling software

Job description

Job summary:

CFP Energy is a vibrant, award-winning, commodity trading and supply group comprised of several high-growth businesses. We provide innovative energy solutions that empower businesses to prosper in a sustainable world.

As a Risk Business Analyst at CFP you will work with business and technology colleagues to analyse and help implement the process and system changes needed to deliver the risk management capabilities underpinning the companies’ needs and vision.

The jobholder:

As an experienced IT Business Analyst within the Energy Trading Risk domain, you will be involved in the delivery of a key global transformation initiative. As a member of the product team, working autonomously and within a team, you will play a pivotal role working with business stakeholders, product owners and technical teams alike in driving and guiding change and efficiency across the organisation. You will be required to elicit and document requirements from different stakeholders, propose solutions to problems and be the link with the engineering team to deliver change.

Essential functions of the job:

Business Analysis & Delivery:

• Lead business requirement gathering and documentation for prioritised enhancements, projects, and defects in the change management repository.
• Plan, deliver, and assure business analysis deliverables.
• Drive and manage scope and design, assessing risks, feasibility, opportunities, and business impacts of various solutions.

Stakeholder Management:

• Build and maintain relationships with key stakeholders, keeping them informed and managing expectations.
• Ensure transparent communication with business collaborators throughout the lifecycle of change processes.
• Maintain and build key relationships with external IT teams and internal business collaborators.

Innovation & Improvement:

• Alongside the Product Owner, generate innovative approaches to existing problems or new opportunities.
• Standardise and reinforce processes for eliciting requirements, designing, and validating system functionality.
• Ensure solutions deliver benefits aligned with longer-term strategic goals.

Technical Skills & Coordination:

• Operate as a Business Analyst across functions, translating business needs into functional designs for technical teams.
• Capture and prioritize features and functionality within the delivery backlog.
• Ensure developed items meet business requirements before formal release management cycles.

Change Management:

• Participate in backlog grooming activities as part of scrum prioritization.
• Coordinate change across different delivery teams, managing conflicting priorities.
• Ensure strategic alignment with IT projects, goals, and architecture.
• Manage functional delivery through various digital disciplines, securing business sign-off for solutions.

Skills and experience required:

• Extensive experience with the modelling of energy derivatives, both OTC and exchange-traded, including delta 1 derivatives, vanilla and exotic options.
• Detailed knowledge of financial risk metrics and the associated calculation.
• Experience operating within commodities and/or financial markets and associated Trading processes.
• Utilisation of data driven analysis and modelling to prototype problem solutions.
• Experience working in and around ETRM applications and specialist risk modelling software.
• Exposure to the full trade lifecycle with a focus on trade valuation & risk management.
• Demonstrable experience of coordinating complex change.
• Delivered change under both waterfall and agile SDLC methodologies.

The CF Group is committed to ensuring equal opportunities, fairness of treatment, dignity and respect, and the elimination of all forms of discrimination in the workplace for all employees/contractors and job applicants.