Senior Risk Manager Energy Trading (m/f/d)
Our client is one of Europe's leading energy and utilities companies headquartered in the south of Germany. As the company's trading and assets teams are growing, the Head of Risk is looking to a hire a new Senior Risk Manager to support the traders and management. He is looking for an experienced risk professional with experience in the energy sector and in depth knowledge of the market.
The ideal candidate will have broad knowledge in managing risks across different energy related portfolios, will be working hand in hand with the trading desks and will have a broad knowledge base across market risk and other financial risk types. This role can be done remotely from anywhere in Germany and some other places in Europe, but the line manager would expect regular travel to the headquarter in southern Germany.
Job Description:
- Assume full responsibility for the capture and transparent communication of risk to traders and management
- Risk analysis with a focus on renewables as well as coal fired power plants
- Ensure that risk reporting is focused on providing intelligence, not data, in a concise and simple manner to enable decisions that are fully informed in a timely manner
- Ensure that the risk assessment of the new business related to the desk is comprehensive and fits the risk/return profile
- Further develop risk management for the power plant park also including challenging of trading and hedging strategies
- Provide input to developing risk governance and risk management strategies
- Determination and monitoring of limit
- Support with the implementation of risk and PnL measurement for power assets in new risk system based on Beacon platform by specifying requirements from risk manager point of view, streamlining processes, and carrying out user acceptance tests
Your Profile:
- University degree in mathematics, physics or comparable quantitative background
- Notable experience in risk management for asset trading in a portfolio of power assets (renewables, coal and/or gas fired power plants, sales portfolio)
- Good knowledge of real option models used to value and optimize such power plants (multi-commodity Monte Carlo price simulation models in combination with optimization models)
- Experience with Delta, ideally also Gamma and Vega position of power plants
- build up the risk department further
- Ideally experience in handling the complexity of processes for asset optimization
- 5-10 years professional experience in this area
- Fluent English and ideally also German
For further information please apply here or call Christine Kramp directly - her number is +49/ 166389732
