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Market risk analyst

London
Risk analyst
Posted: 3 April
Offer description

When you join EDF Trading, you’ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches, and think outside the box. Energy markets evolve rapidly, so our team needs to remain agile, flexible, and ready to spot opportunities across all the markets we trade in power, gas, LNG, LPG, oil, and environmental products. EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it’s experience that makes us leaders in the field. Energy is what we do. Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more. Gender balance and inclusion are very high on the agenda at EDF Trading, so you will become part of an ever-diversifying family of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business. Who are we? We are EDF Trading, part of the EDF Group - a world leader in low-carbon, sustainable electricity generation. Join us, make a difference, and help shape the future of energy. Job Description: Department The Market Risk team provides an independent view of EDF Trading’s market risk exposure for all physical and financial energy trading activity. The team is responsible for the design of risk methodologies, implementation of a suitable risk control framework and providing quantitative and qualitative market risk analysis and control solutions. Position purpose Prepare daily, weekly and monthly market risk reports including VaR, options and stress testing Analyse and quantify the risk of the company’s portfolio across commodities and products Prepare analysis as directed by manager for consideration by the Global Risk Committee Take ownership of trading desks and be in a position to explain/challenge strategies and conduct deep-dive analysis. Be able to present analysis in front of an audience. Interact daily with trading desks and analytics teams to review positions, exposures, and market developments. Monitor and articulate key risks using metrics such as VaR, stress testing, liquidity and concentration analysis, and P&L attribution. Contribute to the design, implementation and development of a holistic risk control framework with focus on market risk Escalate emerging risk issues and participate in risk committees and senior management forums. Support a risk conscious culture and promote best practice controls within the organisation through interaction with commercial and control teams across geographies. Provide support within the Market Risk team for the validation and optimisation of risk models, including system testing and development. Provide leadership on global position limits adherence, ensuring appropriate monitoring, aggregation and compliance across group businesses. Provide effective liaison with regulatory bodies as needed. Experience required A background in risk management within an investment bank or energy trading company will be a plus (couple of years of minimum experience) Graduate qualification in any or combination of the following subjects: Maths, Physics, Chemistry, Engineering, Economics, Computing and Business or equivalent experience Knowledge of Value-At-Risk, stress testing, scenario analysis, and other market risk techniques Knowledge of energy commodities and derivatives products Good knowledge of position limit regimes in North America and Europe will be considered a plus Good knowledge in Gas, Power, oil markets Technical requirements Strong Excel, VBA, SQL and/or Python skills essential, proficient in other MS Office products, including Power BI Strong quantitative aptitude, and ability to read and understand complex mathematical equations Person specification Excellent analytical skills and a focus on accuracy and precision Strong written and verbal communication with ability to present quantitative analysis to all audiences Proactive with the ability to thrive in a team environment under often disparate and conflicting pressures Hours of work: 40 Hours - Monday to Friday

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