Do you want to be part of a dynamic trading team? Are you looking for a varied and stimulating role? Do you want to work in a supportive and inclusive environment?

If so, then get in touch today! Hooray just might have the perfect role for you!

We are proud to partner with one of the UK`s most innovative businesses to find a Senior Risk Analyst with a proven track record in the energy industry. This successful business is widely recognised as an industry leader in it`s field, delivering year-on-year growth.  The Senior Risk Analyst is critical to business success and the chosen candidate will be an integral member within the energy trading team. Reporting into the trading manager, you will primarily be responsible for providing crucial technical credit and risk analytics to the business trading function. In addition, you will focus on developing technical elements of the credit and risk function of the business. On offer is a competitive salary and:

Benefits:

  • Competitive commission structure
  • Hybrid working
  • Career progression opportunities
  • Inclusive and supportive work environment
  • Healthcare plan
  • Life Assurance
  • Retail discounts and freebies
  • Cycle to work scheme
  • Volunteering day

Your Responsibilities:

  • Develop metrics for exposure management of counterparties and trading exchanges.
  • Build, develop, and automate models and Monte-Carlo simulations that is easily accessible to all stakeholders.
  • Research and originate suitable counterparties to further develop avenues for trading in power and gas.
  • Manage the credit and risk analysis of global commodities associated with trading in the markets.
  • Manage generation and demand forecasting of company wind turbines.
  • Pricing retail and business customers, and trade volume requirements.
  • Commercialise smart grids
  • Engage with energy policy and regulation, company compliance as well as a variety of small and large commercial projects.

Your Skills:

  • Proven experience within  a credit and risk function
  • Ability to conduct scenario modelling, stress testing, financial modelling & projections, and automate models to a high level.
  • Knowledgeable on conducting proactive credit strategies to benefit trading hedging strategy
  • Ability to measure risk for margining and collateral agreements
  • Able to implement new metrics such as VaR and PaR analysis (Historic, Parametric, Monte Carlo)
  • Able to measure risk of potentially new trading structures such as options & swaps, gas storage, etc.
  • Adhere to and further develop risk policies and governance
  • Advanced skills in Excel, SQL, and a coding language
  • Degree in highly numerical field is desired but not essential

If you are interested in this fantastic opportunity, please apply with an up-to-date copy of your CV and we promise to get back to you.

  • Hooray is acting as an agency on behalf of the client for this position.
  • Hooray is proud to be a corporate member of the REC, the recruitment industry’s leading professional body.
  • DO YOU KNOW SOMEONE FOR THIS ROLE? EARN A £150 REWARD FOR ANY SUCCESSFUL REFERRAL! T&C’s APPLY!