UK Risk Manager

Michael Page (UK); 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 based in Leeds. In this role, you will manage stakeholder expectations and ensure effective risk management in compliance with policies. The ideal candidate will have a detailed understanding of risk measurement techniques and the UK electricity market. This permanent role offers a competitive salary of £80,000 to £110,000, plus benefits including a performance bonus and employer pension contribution.

Benefits

Annual salary £80,000 - £110,000

Employer pension contribution of 8-12%

Performance bonus of up to 15%

Additional benefits including a £6000 allowance

Growth opportunities

Qualifications

• Detailed understanding of risk measurement, management and control.
• Ability to develop and validate complex pricing models.
• Understanding of and commitment to the aims of the Group.

Responsibilities

• Manage stakeholder expectations through regular communications.
• Ensure consistent risk management reporting to shareholders.
• Maintain procedures for effective risk management in the UK.
• Work with senior management to ensure compliance with policies.

Skills

Risk measurement techniques

Risk management systems

Option pricing theory

UK electricity and gas markets

Credit Management

Value-at-Risk metrics

Job description

About Our Client

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.

Job 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.

The Successful Applicant

• 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.

What's on Offer

• 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!