Senior Risk Manager

ZipRecruiter; London; On-site; GBP 170,000 - 196,000; Full time

Job summary

An established industry player is seeking a Senior Risk Officer to oversee risk management in the European Power & Gas sector. This role requires a strong proficiency in Python for data extraction and analysis, alongside a deep understanding of risk management tools. You will evaluate risks to trading portfolios, ensuring capital allocations are backed by thorough analysis. The ideal candidate will have over 7 years of experience, a collaborative approach, and excellent quantitative skills. Join a dynamic team where your insights will directly influence trading strategies and risk policies, all while enjoying a competitive salary and benefits package.

Qualifications

• 7-10+ years of experience in the European Power & Gas sector.
• Strong understanding of risk management tools and techniques.

Responsibilities

• Ongoing evaluation of risks and threats to trading portfolios in Europe.
• Collaborate with traders to address portfolio risks and limit breaches.

Skills

Risk Management

Quantitative Analysis

Python

SQL

Collaboration

Education

Bachelor's degree in Finance or related field

Master's degree in Finance or related field

Tools

VaR (Value at Risk)

Stress Testing

Options Portfolio Analysis

Job description

Job Description

Senior Risk Officer - Stand Alone for EU - Up to £170,000 + bonus and benefits - London (4 days per week in office) - Python coding is a must - Right to work is a must - Commodities/Renewables

Please see some more information:

Ongoing evaluation of risks and threats to trading portfolios based in Europe; ensuring that all significant capital allocations are backed by thorough analysis, investment theses, and execution plans, while adhering to appropriate boundary conditions. Assess and attribute risk-adjusted returns to key trades and market-related risk factors.

Key Responsibilities:

• 7-10+ years of experience in the European Power & Gas sector, with expertise in trading or risk functions.
• Strong understanding of risk management tools and techniques, including VaR and stress testing.
• Familiarity with vanilla options and the ability to assess the risk within an options portfolio.
• A proactive, self-driven individual capable of leading business development reviews in the region, resolving issues as they arise, and determining necessary risk analyses.
• A collaborative approach to working with traders to comprehend portfolio risks and ensure limit breaches are addressed according to the risk policy.
• Excellent quantitative skills for conducting risk and market data analysis.

Technical Skills:

Strong proficiency in Python and experience with SQL: This role requires extracting data from SQL databases and analyzing it using Python. While you won’t need to meet the level of a Python developer, the position demands sufficient experience to independently conduct risk analysis and generate reports as needed.