Associate Market Risk Analyst
4 weeks ago
We are seeking a highly skilled Market Risk Analyst to join our team at Centrica Energy. As a key member of our risk management function, you will play a vital role in analysing and monitoring market risk, and recommending market risk measurement methodologies, processes and policies.
Key Responsibilities- Create a strong risk presence and promote risk awareness on the trading floor, building strong relationships across the business.
- Identify, assess, report and monitor market risk across a diversified commodity portfolio, analysing trading / hedging strategies and assessing material weaknesses or overlooked risks.
- Produce market risk reports and ad hoc market risk analysis, confidently answering questions relating to market risk reports and reconciling and preparing commentary on movements in market risk measures.
- Provide timely risk insights into the trading portfolio to senior management, through being a local point-of-contact for running scenario analyses within the applicable market risk frameworks.
- Develop timely market risk analysis, using simulation based modelling and other quantitative methods, e.g. stress scenarios and path risk assessments.
- Work with relevant business teams to implement and test new business and product frameworks, integrating changes and delivering improvements to market risk policies, processes and systems.
- Maintain and share strong knowledge of trading portfolios and stay abreast of developments in the energy markets.
- Degree in quantitative finance or a STEM discipline.
- Understanding of market risk management and risk methodologies such as VaR, PaR, Stress Testing and Option valuation theory.
- Insight into commodity risk management issues, requiring risk diagnostics and sophisticated analysis.
- Strong mathematical and modelling skills required, including developed IT skills such as advanced Excel (VBA) or a programming language (Python/MATLAB).
- A strong independent mind in executing responsibilities alongside maintaining effective working relationships across the organisation.
- Confidence, presence, resilience and determination to succeed in a dynamic and demanding business environment.
- Excellent attention to detail, with good problem solving and root cause identification skills.
- Ability to interact and communicate at all levels.
Centrica Energy is a global renewable energy trading company, helping move energy from source to use, powering businesses, homes, and societies as they transition to a new sustainable energy future. We are a leading provider of energy risk management and optimisation services to business, in addition to managing commodity risk and providing wholesale market access for the Centrica Group.
We trade power, gas, liquified natural gas and green certificates, connecting energy producers, suppliers and offtakers in wholesale energy markets. We are one of the largest renewable asset managers in Europe, with over 16.5GW of capacity under contract, of which more than 85% is renewable assets.
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