Market Risk Manager

4 weeks ago


Aalborg, Ålborg Kommune, Denmark Centrica Full time
About the Role

We are seeking a highly skilled Market Risk Manager to join our team at Centrica Energy. As a key member of our risk management function, you will play a critical role in controlling and reporting risk, and continuously developing the function as Centrica Energy grows and transitions to a multi-location trading model.

Key Responsibilities
  • Manage the market risk oversight of one of the energy trading desks, responsible for executing market risk management strategies across gas, power, and renewables.
  • Develop and maintain strong knowledge of trading portfolios and stay up-to-date with developments in the energy markets.
  • Quantitatively analyze new deals and identify embedded risks using simulation-based modeling and other methods.
  • Work with relevant business teams to formulate new business and product frameworks and integrate changes into current policies, processes, and systems.
  • Deliver improvements to market risk processes, models, and methodologies in the space of Value at Risk, Stress Testing, and Option Pricing.
Requirements
  • Strong knowledge of physical and financial energy market fundamentals and traded instruments, ideally power and gas.
  • Excellent knowledge of risk management methods and techniques, including Value at Risk, Stress Testing, and Option Pricing.
  • Experience in managing junior resources.
  • Strong commercial awareness and ability to articulate complex deals and provide constructive advice to the Head of Market Risk and Front Office.
  • Proficiency in booking systems such as Endur, EOS.
  • Practical experience in Power BI, Python, and SQL.
  • Excellent attention to detail and problem-solving skills.
  • Confidence, presence, resilience, and determination to succeed in a dynamic and demanding business environment.
  • Proactive with a drive for continuous improvement.
  • Strong communication skills at all levels.
About Us

Centrica is a leading energy company that is revolutionizing a cleaner, greener future. We are a family of brands that are passionate about making a positive impact on the environment and our communities. We offer a dynamic and supportive work environment that is committed to career development and equal opportunities.

We have 4 People Promises that are our pledge to all our colleagues:

  • We're a people place - we are devoted to doing great work together and are cultivating wellbeing and flexibility.
  • You'll ignite your potential - we are committed to career development and equal opportunities.
  • You'll get your share of our success - we offer attractive Benefits and Rewards.
  • You'll make an impact that will truly change tomorrow - we are committed to career development and equal opportunities.

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