Market Risk Manager - Western Europe with downstream background

MET Group; Milano; In loco; EUR 50.000 - 70.000; Tempo pieno

Descrizione del lavoro

A leading energy company is seeking a Market Risk Manager to oversee market risk operations across regions in Europe, with a focus on successful integration of risk considerations into decision-making. The ideal candidate will have at least 5 years of market risk management experience, particularly in energy downstream activities. Proficiency in English is required, alongside fluency in a regional language such as Italian, Spanish, or French. This full-time role is positioned either in Milan, Madrid, or Lyon, emphasizing a collaborative approach to complex market risk challenges.

Competenze

• Minimum 5 years of experience in market risk management.
• Strong preference for experience in energy downstream activities.
• Excellent communication skills for technical and non-technical audiences.
• Fluency in English and at least one regional language.

Mansioni

• Act as Deputy to the Market Risk Manager for the Western European Sales Division.
• Collaborate with leadership to integrate risk considerations into decision-making.
• Monitor positions and analyze risk data to identify exposures.

Conoscenze

Market risk management

Communication skills

Risk analysis

English proficiency

Familiarity with European energy markets

Formazione

University degree in Engineering, Economics, Finance or related

Descrizione del lavoro

Responsibilities

• Act as Deputy to the WesternSales Market Risk Manager for the WesternEuropean 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.
• Minimum 5 years of experience in market risk management with a strong preference for candidates who have worked in energy downstream activities such as operations, forecasting or pricing.
• Solid knowledge of regional power and/or gas markets, ideally with exposure to Western 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 (Italian, Spanish or French) is mandatory.
• Location of the position can be either in Milan, Madrid or Lyon depending on the successful candidate's current location.

Remote Work

No

Employment Type

Full-time

Key Skills

IT Hardware & Networking, Cruise, Import & Export, Light Vehicle Driving, ACCA, ITI

Experience

years

Vacancy

1