Senior Risk Manager, Gas Market - Energy Company, Northern Germany (m/f/o)

Company Profile:

Leading energy company provides a reliable supply of both traditional energy and renewable energy. They thrive to drive the energy turnaround combining electricity, heat, telecommunication, and mobility. By optimizing their entire energy portfolio and offering a wild range of services to their partners and clients, they are making innovation happening in everyday life.

Location:

The office is based in northern Germany. During and - post Covid time, working remotely is possible with a minimum of 3 days per week in the office (exceptions are possible under specific circumstances).

Team Structure:

Current set up: 11 members, focusing separately on Power/ Gas/ P&G Long Term Trading, Short Term Trading, Modeling, Trading Systems and Algorithmic Trading.

Reason for Vacancy:

Existing team member gets promoted internally.

Challenges:

• You actively manage risks for the energy trading business in close cooperation with the trading desks
• Within the Risk Management team, you are the main contact and responsible for all gas-related issues
• You take a leading role in the strategic improvement and development of their trading system ENDUR as the Endur Product Owner
• You are involved in designing, developing, enhancing and maintaining our quantitative models and methods
• You evaluate new trading strategies, complex products and assess complex contracts such as gas swings and storages and are responsible for other ad-hoc analyses
• You are collaborating closely with the Front Office and the Analysis Team, Back Office, Trading IT and stakeholders within the Group
• Market risk reports, report enhancements and maintenance are ensured by you and your colleagues

Your Profile:

• A degree in economics, business administration, mathematics, business mathematics, business information systems or an equivalent experience in the energy-, finance or insurance sector
• You are an expert in the energy business, German Commodity Market, Gas is a big plus. Also open to CO2, Power, LnG, TTF. NOTE: If you are good in Gas, but you don`t know your way around in the TTF market, that would suffice.
• Risk Management background preferred. If you are a Gas Analyst from a Trading desk, this will be a viable option as well
• You are proficient in the ETRM system ENDUR (in 6 weeks' time the new Endur set up will be launched)
• Good skillsets in modelling, implementing and applying stochastic models within the energy, finance or comparable sectors (e.g. VaR, PaR, fair values, etc.) will be a plus. NOTE: The quantitative aspect of modelling is not too important, there is no need to implement it - there will be two other team members covering that space. If you know pricing valuation in Energy, that suffices
• Good programming and reporting skills, preferably in Python and PowerBI, is an advantage
• You are eager to learn new skills, improve upon your existing proficiencies and can break down complex topics into digestible portions
• Excellent verbal and written communication skills, English and German (C1 level, having the ability to read German contracts and communicate internally)
• You are a reliably team player and can also work on your own

Your Benefits :

• Despite being a relatively large company, they are flexible and agile with a specific focus on geography
• Flat hierarchy and an open culture that encourages learning and personal development through mentoring, training courses, and one-on-one coaching sessions
• Having the main responsibility and for the trading system (also strategically)
• Become the Endur Product Owner
• Ability to be promoted to Group Lead or Lead Expert
• Recently implemented state of the art IT trading platform
• Room to make a footprint and an impact
• Deep insights about the energy industry, providing specialization and a steep learning curve, high growth path, coupled with monetary increase
• A competitive salary package with attractive benefits, such as company pension, health insurance, and above market rate bonus structure

Culture:

Open, competitive, transparent, honest, with a flat hierarchical structure, multi-disciplinary teams, and a work environment that encourages transparent communication and entrepreneurial thinking, which makes it an attractive employer for ambitious talent.

Aim:

To attract motivated talent who are keen to explore and to keep up with new technologies, make an impact on business, and continuously grow with the company in a dynamic environment.

We look forward to your application or welcome an exploratory and discrete call to outline more about the employer, strategy and benefits.

The Greifenberg Team