Job Description
Technical Market Risk Manager / Senior Market Risk Manager - Power & GasLondon - Hybrid
We are working with an established energy trading business is looking to hire a Market Risk Manager / Senior Market Risk Manager to support its European power and gas trading activities.
Market Risk Manager / Senior Market Risk Manager - Power & GasLondon - Hybrid
We are working with an established energy trading business- looking to hire a Market Risk Manager / Senior Market Risk Manager to support its European power and gas trading activities. The role sits close to the trading desks and combines classic second-line market risk oversight with a strong focus on risk systems, data and tooling.
Key responsibilities
* Lead the development and maintenance of risk-monitoring tools drawing on data from trading and risk systems and other internal sources.
* Provide daily and intraday market risk oversight of power and gas trading portfolios, including proprietary strategies.
* Review and explain P&L, VaR, sensitivities and stress/scenario results, distinguishing genuine risk moves from model or data effects.
* Monitor VaR, position and stop-loss limits, escalating breaches and advising on corrective actions where appropriate.
* Own and maintain key data mapping and reference tables used for VaR, exposure and limit reporting, ensuring accuracy and consistency.
* Use hands-on technical skills (advanced Excel, automation, Python or similar) to enhance reporting, dashboards and intraday monitoring.
* Develop and refine risk methodologies suited to short-term power trading, where traditional end-of-day VaR is less effective.
* Work closely with traders, IT and change teams to design practical intraday metrics (e.g. position limits, max daily loss, drawdown rules).
Candidate profile
* 5-10 years' experience in market risk within commodities or energy trading, ideally with exposure to short-term or intraday power/gas.
* Comfortable working with large datasets; able to spot and resolve data issues and challenge curve and pricing inputs.
* Hands-on technical skills: advanced Excel (including automation); Python or similar scripting language strongly preferred; SQL or BI tools an advantage.
* Experience with trading and risk platforms (ETRM/CTRM or cross-asset risk systems) and working with IT/change teams on enhancements or implementations.
If you meet the above set criteria, please apply or send a copy of your CV to
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