Market Risk Analyst – Energy & Commodities
Location: London
Working Pattern: Hybrid (3 days in office)
Salary: £65,000 - £70,000 + Bonus + Benefits
We’re supporting a leading trading organisation in the search for a Market Risk Analyst to join a high-performing and commercially focused risk team in London. This is an excellent opportunity for an analytically strong candidate with commodities market exposure who is looking to deepen their market risk expertise within a fast-paced trading environment. The role sits close to both Front Office and Risk, offering significant exposure to trading activity, commercial strategy, and senior stakeholders across the business.
The Opportunity
You’ll join a lean and highly visible risk function responsible for monitoring and analysing market exposure across physical and financial energy trading portfolios. The successful candidate will work closely with traders, analytics teams, and senior risk professionals to provide insight into portfolio risk, challenge trading strategies, and support the development of risk methodologies and controls. This position would particularly suit someone currently working in a commodities analyst, quantitative, or risk support role who is looking to transition further into Market Risk.
Key Responsibilities
* Monitor and analyse market risk exposure across commodities portfolios
* Produce daily and periodic risk reporting including VaR, stress testing, scenario analysis, and P&L attribution
* Partner closely with trading desks and front office teams to review positions, exposures, and market developments
* Support the enhancement of risk models, systems, and analytical tools
* Assist in the development and maintenance of market risk frameworks and controls
* Conduct deep-dive analysis into trading strategies and portfolio risk drivers
* Present analysis and findings to senior stakeholders and risk committees
* Contribute to ongoing process improvement and automation initiatives
Key Requirements
* Approximately 2-3 years’ experience within commodities, market risk, analytics, or a related function
* Strong understanding of energy markets, particularly in Power, Gas or Oil
* Python skills are highly desirable
* Experience working with data, models, systems, or automation tools
* Strong quantitative and analytical skillset
* Exposure to trading or front-office-facing environments
* Excellent communication skills with the ability to explain analysis clearly
Package
* Base salary of £65,000–£70,000
* Performance-related bonus (typically 15–20%)
* Competitive benefits package
* Hybrid working model (3 days in office)
* Strong career progression opportunities within a growing trading environment