Job Title: Market Risk Analyst
Location: Preston, Lancashire, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Views: 4
Posted: 07.06.2025
Expiry Date: 22.07.2025
Job Description:
* Responsibilities:
* Implement and utilise risk models and tools for the Market Risk team, such as analysing market liquidity, prices, volatilities, and correlations. Support the development, improvement, and adoption of these models and tools across business teams.
* Perform regular and bespoke analyses on the company's portfolio, including risk topics like wholesale market instruments, exposures, P&Ls, scenarios, stresses, VaR, etc.
* Review and propose metrics and limits to control exposures and risks across all market risk activities, including commodities like power, gas, and certificates.
* Develop market risk proposals, support stakeholder engagement, and update risk policies and frameworks.
* Backtest models, tools, limits, and controls, and suggest enhancements.
* Support operational readiness for onboarding new business activities and associated risks.
* Provide opinions and recommendations on risk topics.
Experience:
* A numerate degree in Mathematics, Physics, Engineering, Computer Science, Economics, or Finance.
* At least two years’ experience in the energy sector in risk, pricing, or analytics roles.
* Experience in risk analysis using Excel or other applications, covering prices, liquidity, portfolio positions, volatilities, correlations, P&L distributions, VaR, etc.
* Exposure to ETRM systems and trading databases.
* Experience in reviewing and updating controls and limits on positions and P&Ls.
* Experience in drafting proposals and managing stakeholder engagement.
* Experience supporting project planning and implementation, such as onboarding new business activities.
* Strong knowledge of Excel and programming skills in at least one language (Python, SQL, R, or VBA).
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