Market Risk Manager - Eastern Europe

MET Group; Milano; On-site; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Job summary

MET Group seeks a Deputy to the European Sales Market Risk Manager for the Eastern European division. You will engage with regional subsidiaries, monitor risk across sales and operations, and work with senior leaders to embed risk in daily decisions and long-term strategy.

You will support the Group risk framework, validate models, and enhance analytics and reporting tools to identify exposures and mitigate risks across markets in Europe. Strong English and regional language skills are required.

Qualifications

• 5–7 years of market risk experience in energy downstream activities such as pricing, forecasting and portfolio management.
• Strong knowledge of regional power and/or gas markets with Eastern European exposure preferred.
• Experience at a gas or power utility or similar energy company is highly valued.
• Fluent English; a regional language (Hungarian, Romanian, Turkish, Bulgarian) is mandatory.

Responsibilities

• Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales Division.
• Engage daily with regional subsidiaries to assess risks linked to sales activities and operations.
• Collaborate with senior leaders to integrate risk considerations into daily decisions and long-term strategy.
• Support the implementation of the Group’s risk framework and policies across subsidiaries.
• Monitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures.
• Report deviations or risk issues to the Market Risk Manager at divisional and local levels.
• Develop tailored risk frameworks addressing local business drivers and model validation processes.
• Enhance risk models, analytics, and reporting tools to improve monitoring.
• Conduct VaR back-testing, sensitivity analyses, and scenario simulations.
• Ensure compliance with regulatory and internal governance requirements.
• Design actionable risk solutions in collaboration with commercial and risk stakeholders.
• Shape divisional risk policies in partnership with senior leadership.

Skills

Market risk management

Finance analytics

Communication

English language

Education

University degree in Engineering, Economics, Finance, or another quantitative discipline

Tools

VaR back-testing

Job description

The European Sales Division is at the heart of MET Group’s client-facing operations, serving as a trusted energy partner for a wide range of customers across 21 European countries. From large industrial players to SMEs and households, we provide tailored solutions in natural gas, electricity, and green products. Leveraging one of Europe’s largest in-house trading floors, we offer our customers direct access to wholesale markets and advanced price management services. With a pan-European approach to sourcing and supply, our division ensures competitive pricing and security of delivery, strengthening long-term partnerships and building customer confidence.

Job Description

• Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales Division
• Engage daily with regional subsidiaries, including operations and portfolio managers, sales teams, CFOs, and the Division Head, to assess the risks linked to sales activities and other operations
• Collaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategy
• Support the implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standards
• Monitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures and mitigate risks
• Report deviations, incidents, or relevant risk issues at both Divisional and local levels to the Market Risk Manager
• Contribute to the development of tailored frameworks that address the specific risk drivers of local businesses
• Support Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoring
• Conduct advanced risk assessments, including VaR back-testing, sensitivity analyses, and scenario simulations
• Participate in model validation processes and ensure compliance with regulatory and internal governance requirements
• Design innovative, actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholders
• Help shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk Manager

Qualifications

• University degree in Engineering, Economics, Finance, or another quantitative discipline
• 5-7 years of experience in market risk management gainedin energy downstream activities such as pricing, forecasting, portfolio management, operations and dispatching
• Solid knowledge of regional power and/or gas markets, ideally with exposure to Eastern European markets
• Previous experience at a gas or power utility, supplier, or similar energy company is highly valued
• Excellent communication skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical stakeholders
• Proficiency in English is required; fluency in at least one regional language (Hungarian, Romanian,Turkish, Bulgarian) is mandatory