Actively managing the firm's risk exposures through regular meetings, analysis and insights.
Improve risk analytics for the whole function through scenario analysis and stress-testing models.
Focus on the risk and activities of all Gas and Power Trading PMs as well as overall such risk across the Global Macro
Conduct back testing of risk metrics - including VaR and sensitivity/scenario analysis
Provide input into the definition of risk policies and procedures working as a commercial partner to support and challenge the business in day-to-day trading as well as long term strategic deals for business.
Perform complex quantitative and qualitative analysis for PMs.
Developing and advancing stress testing and VaR frameworks.
Developing and maintaining a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level.
Ability to use trading concepts and knowledge of Gas, Power markets to identify the main drivers of change in prices, price relationships and their associated Risks.
Tasked with obtaining approval to trade new structured products by collaborating with the internal departments, producing reports outlining the characteristics and underlining the potential risks.
Produce standard middle office reports on structured products, including P&L and explanation, limit reports and VaR.
To aid in the development and implementation of the automated and infrastructure projects for the use risk managing and strategy formulation.
Lead research efforts to develop innovative risk management approaches, tools and analytics by leveraging the collective knowledge of the platform to improve returns.
A degree in Quantitative Finance, Mathematics, Physics, or other science disciplines.
5+ years' experience as a Risk Manager or a Portfolio related to US and European Gas & Power Markets
Analytical rigor in terms of pricing models, risk sensitivities and the best practice for risk aggregation in a portfolio context
Strong knowledge of Physical and Financial assets for Gas & Power
Strong technical ability using Python for coding, modelling and implementation purposes.
Ability to understand and apply risk management concepts, including stress-testing, value-at-risk, liquidity adjusted VaR and scenario analysis.
Previous experience working in a Trading house, Hedge Fund or Investment Bank on a commodities desk.
Strong understanding of options, mathematics and how they are priced