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Market risk analyst

Shrewsbury
JR United Kingdom
Risk analyst
€60,000 - €80,000 a year
Posted: 10 June
Offer description

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Responsibilities:

1. Implement and utilise risk models and tools for the Market Risk team, supporting their development, improvement, and adoption.
2. Perform analyses on the company’s portfolio covering wholesale markets instruments, exposures, risks, P&L, scenarios, stresses, VaR, and other factors.
3. Review and propose metrics and limits to control exposures, positions, values, and risks across all market risk activities, including commodities like power, gas, and certificates.
4. Develop market risk proposals, support stakeholder engagement and committee approvals, and update risk policies accordingly.
5. Backtest models, tools, limits, and controls, and propose enhancements.
6. Support operational readiness for onboarding new business activities and risks.
7. Provide opinions and recommendations on risk topics.


Experience:

* Degree in Mathematics, Physics, Engineering, Computer Science, Economics, or Finance.
* Minimum two years’ experience in energy sector risk, pricing, or analytics roles.
* Experience with risk analysis in Excel or similar applications, including prices, liquidity, portfolio positions, volatilities, correlations, P&L, VaR, etc.
* Exposure to ETRM systems and trading databases.
* Experience in reviewing and updating controls and limits on positions and P&L.
* Proven ability to support proposal drafting and stakeholder engagement.
* Experience in project planning and implementation, such as onboarding new activities.
* Strong Excel skills and programming ability in Python, SQL, R, or VBA.
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