Trading Risk & Operations Manager

Who we are

We are Dare, an energy tech company using the power of data science, analytics, and trading expertise to help the world reach a renewable future, faster. Our mission is to support the global energy transition by driving investment into renewables.

At Dare, you will be joining a team of ambitious individuals who challenge themselves and each other to drive innovation. We have a culture of empowering exceptional people to become the best version of themselves.

Our team has built one of the market's leading energy trading risk management systems, with this cutting-edge technology being a large part of our rapid rise in the sector.

What you'll be doing

The team's primary focus is to architect, expand and maintain the technologies that underpin the trading function of the business. As a Trading Risk & Operations Manager, you'll become an integral team member, ensuring we remain agile and responsive to evolving market conditions.

• Managing and mentoring a small team composed of technical Associates and Analysts.
• Developing/coding tools and solutions highlighting the FO key market risks and used by the team to report critical information to both Trading desks and Senior Management.
• Participation in various ad-hoc projects and analysis, markets/technology related.
• Maintaining and improving internal policies and procedures followed by the team, ensuring completeness and that current practices remain within the company policy.
• Investigate, when required, model issues (HC, Margining, etc.) and abnormal data points by requesting further information from internal and external stakeholders.
• Liaising with Trading and Tech teams to support daily market activity.

You'll have

• Ideally a minimum of 6-8 years of professional experience in a similar role, e.g. within a Market Risk function.
• Previous experience in actively managing/mentoring a small to medium sized team (2-4 team members).
• Previous exposure to the Energy sector (Oil, Gas and Power) and Derivatives market (OTC and Exchange Traded).
• Education and/or quantitative/technical background in mathematics, engineering, finance, or economics.
• Sound knowledge of the key market risk metrics and associated methodologies (VaRs, ES, Stress-Testing, etc.).
• Experience in reviewing/analyzing Exchanges' margin models (e.g., SPAN) and associated Risk factors/parameters.
• Experience in process automation, using at least two coding languages: Python, Excel-VBA, SQL and (Tableau).
• Previous project and database management experience, closely interacting with Technology, IT, Risk and Quant teams.
• Effective communication skills with the ability to solve problems and articulate answers confidently.
• Analytical skills and detail oriented with a logical approach to addressing issues.
• Strong interest in technology.

Ideal behaviours

• Collaborative working approach.
• Proactive and independent.
• Ability to handle pressure.
• Outside-the-box thinking.
• Curiosity.
• Persistency.

Desirable

• Professional certification such as CFA or FRM.
• Previous experience in using the following tools: Bloomberg, Platts, Reuters, Trayport, TT, ICE Connect, WebICE, CME Direct, SPAN GUIs.

Benefits & perks

• Competitive salary
• Vitality health insurance and dental cover
• 38 days of holiday (including bank holidays)
• Hybrid working
• Learning & Development budget of £5000
• Free gym membership
• Deliveroo dinner account
• Office massage therapy
• Freshly served breakfast twice a week
• Fully stocked fridge and pantry
• Social events and a games room

Diversity matters

We want to build an inclusive team, so we hire candidates from all backgrounds. This breadth of experience means we thrive at solving problems. Our culture rewards curiosity and drive, so the best ideas triumph, and everyone here can make an impact.