Job Title: Market Risk Analyst
Location:
Newcastle-upon-Tyne, Tyne and Wear, United Kingdom
Job Category:
Other
EU Work Permit Required:
Yes
Job Views:
4
Posted Date:
07.06.2025
Expiry Date:
22.07.2025
Job Description:
* Responsibilities:
* Implement and utilise risk models and tools for the Market Risk team, including analysis of market liquidity, prices, volatilities, and correlations. Support other teams in developing, improving, and adopting these models and tools.
* Perform regular and bespoke risk analyses across the company's portfolio, covering wholesale markets instruments, exposures, positions, risks, P&L, scenarios, stresses, VaR, and other factors.
* Review and propose metrics and limits to control exposures, positions, values, and risks, including commodities such as power, gas, and certificates.
* Develop market risk proposals and support stakeholder engagement and approval processes. Update risk policies and frameworks as needed.
* Backtest models, tools, limits, and controls; propose enhancements.
* Support operational readiness for onboarding new business activities and related risks.
* Provide opinions and recommendations on risk topics.
Experience:
* Numerate degree (Mathematics, Physics, Engineering, Computer Science, Economics, Finance).
* At least two years’ experience in the energy sector in risk, pricing, or analytics roles.
* Experience performing risk analysis using Excel or other applications, including prices, market liquidity, portfolio positions, volatilities, correlations, P&L distributions, VaR, risk premia.
* Some exposure to ETRM systems and trading databases.
* Experience reviewing and updating controls and limits on positions and P&L.
* Experience supporting project planning and stakeholder engagement.
* Strong knowledge of Excel and programming skills in Python, SQL, R, or VBA.
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