Junior Operational Risk Manager

Vattenfall; Solna kommun; On-site; SEK 420,000 - 540,000; Full time

Job summary

Vattenfall, a European energy company, is seeking a Junior Operational Risk Manager to join BA Markets Compliance & Operational Risk Management in Solna. You will support incident management, KYC reviews, and due diligence on counterparties to ensure non-financial risk integrity and resilience.

You will collaborate across teams, analyze risks, maintain risk tracking, and contribute to continuous improvement.

Qualifications

• University degree in Business, Finance, Economics, Engineering, Risk Management, or a comparable field.
• 0-3 years of experience in operational risk, compliance, internal controls, audit, KYC or a similar field.
• Experience in incident management and risk assessments is highly valued.
• Knowledge of KYC, sanctions screening or due diligence activities.
• Familiarity with energy trading, commodity markets, or financial institutions is a strong asset.
• Continuous improvement and change-oriented mindset.
• Clear and concise communication, both written and verbal.
• Proficient in Excel, Power BI, and incident/risk systems.
• High integrity, professionalism, and independence.

Responsibilities

• Lead and coordinate operational incidents from initial reporting to closure.
• Conduct root cause analyses and define corrective and preventive actions.
• Run and participate in incident working groups, ensuring timely stakeholder engagement.
• Maintain and improve incident trackers, dashboards, and reports.
• Identify recurring patterns and provide insights to management on operational weaknesses.
• Perform risk-based KYC screenings of new and existing counterparties.
• Conduct sanctions, adverse media and ownership structure reviews.
• Support enhanced due diligence activities for higher-risk counterparties.
• Perform periodic re-screenings and monitoring activities.
• Investigate and manage alerts generated by screening tools.
• Maintain KYC documentation and counterparty records.
• Support the KYC mailbox and respond to KYC-related queries from business users.

Skills

Teamwork

Communication

Ambiguity handling

Independent working

Education

Bachelor's degree or equivalent

Tools

Excel

Power BI

Incident/risk systems

Job description

Are you passionate about operational risk and eager to make an impact in a dynamic energy trading environment? At Vattenfall, we are looking for an Junior Operational Risk Manager to join our BA Markets Compliance & Operational Risk Management team. In this role, you’ll help ensure BA Markets operates with integrity, resilience, and strong non-financial risk management.

What You’ll Do

As an Junior Operational Risk Manager, you will:

Incident Management

• Lead and coordinate operational incidents from initial reporting to closure.
• Conduct root cause analyses and define corrective and preventive actions.
• Run and participate in incident working groups, ensuring timely stakeholder engagement.
• Maintain and improve incident trackers, dashboards, and reports.
• Identify recurring patterns and provide insights to management on operational weaknesses.

KYC & Counterparty Due Diligence

• Perform risk-based KYC screenings of new and existing counterparties.
• Conduct sanctions, adverse media and ownership structure reviews.
• Support enhanced due diligence activities for higher-risk counterparties.
• Perform periodic re-screenings and monitoring activities.
• Investigate and manage alerts generated by screening tools.
• Maintain KYC documentation and counterparty records.
• Support the KYC mailbox and respond to KYC-related queries from business users.

Qualifications

Education & Experience

• University degree in Business, Finance, Economics, Engineering, Risk Management, or a comparable field.
• 0-3 years of experience in operational risk, compliance, internal controls, audit, KYC or a similar field.
• Experience in incident management and risk assessments is highly valued.
• Knowledge of KYC, sanctions screening or due diligence activities.
• Familiarity with energy trading, commodity markets, or financial institutions is a strong asset.
• Continuous improvement and change-oriented mindset.
• Clear and concise communication, both written and verbal.
• Proficient in Excel, Power BI, and incident/risk systems
• High integrity, professionalism, and independence.

Personal Attributes

• Proactive, structured, and detail-oriented.
• Able to work independently while collaborating effectively across teams.
• Comfortable handling ambiguity and making sound risk judgments.
• Strong teamwork mindset and willingness to support broader Compliance & Operational Risk Management activities.

Additional Information

Location: Solna

Type of position: Permanent, full time

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party, called DISA. In addition, a certificate of good conduct (i.e. criminal record certificate) is required for certain positions.

The trade union representatives in Sweden can be reached via Vattenfall´s switchboard [phone]. Sven-Gunnar Gremlin, Akademikerna and Anders Bohlin, Unionen.

Since Vattenfall is a part of the Swedish critical infrastructure, many of our services are security classed. If this position is security classed the final candidates might be subjected to a security vetting process, according to the Swedish legislation.

Company Description

Vattenfall is a European energy company with approximately 21.000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.

Right in the heart of Vattenfall, at Business Area (BA) Markets, you will find an inspiring international environment, with a culture of care and personal growth, enabling you to be who you are, having fun, building strong relationships and learning every day. Find out what our colleagues think about our culture: https://youtu.be/-9qGrDUCptA

We employ around 500 professionals who are active across Europe with offices in Sweden, Germany, The Netherlands, and the United Kingdom to drive the energy transition together. Our role in Vattenfall is to maximize the value of the overall portfolio by optimizing and dispatching, hedging, and sourcing for Vattenfall's sales and generation volumes. We serve as Vattenfall’s single access to energy commodity markets and trade electricity, emissions, fuels, freight, and renewable certificates.