UK Risk Manager

Michael Page; Leeds; On-site; GBP 80,000 - 110,000; Full time

Job summary

A large organisation in the Energy sector is seeking a UK Risk Manager to oversee risk management processes in Leeds. The role requires a strategic thinker to evaluate risks and ensure compliance with practices. Responsibilities include managing stakeholder expectations and ensuring effective risk reporting. The position offers a competitive salary of £80,000 - £110,000 along with a performance bonus and pension contributions.

Benefits

Employer pension contribution

Performance bonus

Additional benefits allowance

Qualifications

• Detailed understanding of risk management systems and their operation.
• Ability to develop and independently validate complex pricing models.
• Commitment to the aims of the Group.

Responsibilities

• Manage stakeholder expectations through regular communications.
• Ensure risk is managed and reported consistently.
• Maintain procedures to effectively manage risk in the UK.

Skills

Risk measurement techniques

Understanding of UK electricity and gas markets

Credit Management

Option pricing theory

Value-at-Risk understanding

Job description

Overview

The UK Risk Manager will oversee risk management processes and ensure compliance within the Energy & Natural Resources industry. This role is based in Leeds and requires a strategic thinker who can evaluate and mitigate risks effectively.

Client Details

This role is with a large organisation operating in the Energy sector. The company is known for its strong presence in the market and its focus on delivering sustainable and innovative solutions.

Description

• Managing stakeholder expectations (both within Group and externally with Joint Venture partners) through regular communications including face-to-face meetings with internal and external audit, regulators and other relevant third parties.
• Ensuring that risk is managed and reported consistently both internally and to the company's shareholders, and that it complies with the businesses global practices.
• Specifying and maintaining procedures to ensure that the risk in the UK is effectively managed, and ensuring that suitably-trained personnel are in place to carry out the required activities.
• Working with senior management at UK each entity to ensure that all areas are compliant with UK and Group Internal Control policies and procedures

Profile

A successful UK Risk Manager should have:

• Detailed understanding of the techniques used for risk measurement, management and control.
• Detailed understanding of risk management systems and their operation.
• An understanding of option pricing theory, and the ability to develop and independently validate complex pricing models.
• Detailed understanding of the UK electricity and gas markets.
• Solid understanding of Credit Management
• In-depth understanding of Value-at-Risk and other risk metrics
• Understanding of and commitment to the aims of the Group.
• Manage the relationship between the UK and the business functions operating within the country, ensuring that transparency is maintained between the Global Business Units (GBUs), the Regional/Country structure and Group.
• The role will also coordinate the quarterly UK Local Energy Management Committee (LEMC), provide a consolidated view of risks, promote cross-GBU synergies and portfolio effects and sharing of good practices across the UK.

Job Offer

The UK Risk Manager will receive;

• An annual salary of approximately £80,000 - £110,000, depending on experience.
• Employer pension contribution of 8-12%, based on employee contributions.
• Performance bonus of up to 15% of salary.
• Additional benefits including a £6000 allowance.
• A permanent role offering stability and growth opportunities.
• A chance to work in Leeds

If you are ready to take the next step in your career as a UK Risk Manager, we encourage you to apply today!