Senior Risk Officer
NatGas & Power
London (UK) or Geneva (Switzerland)
Cititec is partnering with a leading trading house to hire a
Senior Risk Officer
. This is a fantastic opportunity to join a high-performing Risk team, reporting directly to the Head of Risk Officers Power & Gas. This is not a management position, but someone who is senior and wants to continue leading in a senior position.
The role will focus on measuring, analysing, and monitoring positions and P&L, challenging assumptions from front-office, and delivering high-quality reporting and tools that improve decision-making and risk management.
Key Responsibilities
* Analyse, model, and report market risk for trading activities, including mark-to-market valuations, risk positions, basis changes, volatilities, and daily P&L.
* Develop and maintain risk reporting/analytics to communicate positions, P&L, and market risk to traders and senior management.
* Review trades in the system (deal checks, price validation, curve updates, and data reconciliation) and ensure compliance with limits and risk policies.
* Maintain, enhance, and test risk models; evaluate assumptions and propose improvements for valuation and risk quantification.
* Work with traders to quantify and explain risk drivers, and contribute to reporting of trading results and positions.
* Collaborate with Finance, Back Office, Compliance, and other control functions to ensure accurate reporting and adherence to regulations.
Requirements:
* University degree in Computing, Mathematics, Engineering, Economics, or Finance (top-ranked university preferred).
* Minimum 5 years' experience in the commodity trading business (major trading house or utility preferred).
* Experience valuing European NatGas positions and assets (storages, pipelines, cables, flexible products, power plants).
* Comprehensive understanding of risk management methodologies and valuation models.
* Understanding of FX positions (required).
* Experience booking and operating assets (a plus).
* Knowledge of weather products and bio-methane (a plus).
* Fluent English (required); French or other European language (a plus).
For roles based in Switzerland, we work with a licensed local recruitment partner to ensure all placements are managed in line with Swiss regulations.