Senior Market Risk Analyst Energy Markets (fmd)

Energy Markets GmbH Permanent Full time; Part time

Energy Markets GmbH is a subsidiary of the Group based in Essen. Our main purpose is to coordinate access to trading markets for our regional business units to bundle the associated chances and risks plus to provide innovative services. Our core competencies include portfolio strategies risk management and data processing. With activities in various European countries we shape the future of energy.

At diversity matters. We welcome all people and are convinced that differences make us stronger. Become part of our inclusive and diverse company culture! To create equal opportunities for everyone we offer our positions in full or part-time.

Seize the chance to become part of our Energy Markets GmbH team in Essen as soon as possible and apply online now as Senior Market Risk Analyst - Energy Markets (f/m/d). Create perspectives not only for the future of but also for your own. We cant wait to meet you because none of us is as strong as all of us.

Responsibilities

• Liaise with Energy Market (EEM) traders originators and sales staff to understand and challenge proposed hedging strategies and commodity contracts.
• Monitor the PnL and risk metrics of EEMs portfolio. Report to the management performance and compliance with the policy.
• Review new products or transactions to identify and quantify their risks (e.g. options Financial Transmission Rights PPAs gas storages batteries etc.).
• Develop reporting tools and automate risk monitoring processes.
• Review the application of risk metrics in the Regional Units (RUs) with the aim to ensure alignment in definition and application.
• Quantify portfolio effects and correlations between RUs and between different risk types.
• Facilitate best practice transfer between RUs.
• Develop maintain and enhance quantitative risk models to assess and price market risks for our energy trading and customer portfolios.
• Monitor the performance of risk models and suggest improvements based on new research and industry trends.
• Prepare and deliver ad-hoc analysis reports and presentations for stakeholders and SE committees (Market Committee Risk Committee)
• Interface with various central and unit stakeholders: EEMs Front Office Controlling Accounting Regional Risk functions etc.

Qualifications

• University degree in a quantitative/financial/information technology or risk management discipline.
• Good working knowledge of VaR option theory econometrics.
• Solid knowledge of financial instruments (Futures Swaps Forwards Options) and their valuation.
• Excellent understanding of commodity markets (power gas certificates) and underlying energy economics.
• Proficient with SQL and Python based data modelling and data engineering ideally using Cloud technologies and a keen interest to practically work with further integrating automating and expanding our reporting setup.
• Experience with renewable energies flexibilities or short-term optimization would be advantageous.
• Strong analytical skills accurate and attention to detail.
• Minimum of 5 years experience in risk management or trading within a fintec investment bank hedge fund consulting or energy (trading) company.
• Proactive good communicator and team player
• Enthusiastic and agile approach to work with a drive to learn and make continuous improvements.
• Languages: English German would be advantageous.

is united in working on the most exciting issue that ourgeneration needs to solve climate change! With all our employees and customers we areaglobal community of innovators and changemakers allwith the belief that each one of us can make a difference for our environment for our society and for our children We shape the future.

To keep you motivated and healthy we are offering you the following benefits:

• Flexibility: hybrid work model flexible working times sabbatical or additional vacation opportunities allowing great work-life balance
• Working from abroad: up to 20 days in the European economic area
• Flat hierarchies: interdisciplinary and very cooperative working style providing room for own ideas
• Modern work environment: workplace according to digital and ergonomic standards
• Personal growth: life-long independent learning making use of a broad range of opportunities working with the newest technology and state of the art trainings
• Family service support: services in the areas of childcare holiday care nursing support or everyday assistance
• Nutrition & Health: wide selection of fresh meals and drinks in our subsidized bistro and canteen as well as various health offers (e.g. physiotherapy flu vaccinations mental health)
• Corporate Benefits: employee share program pension scheme employee discounts special insurances (and much more)
• A central location: very good public transport connection free parking and charging points for e-vehicles
• Individual mobility: private car and bicycle leasing as well as subsidized Deutschland Ticket

Do you have questions
For further information please contact Linda Sloboda Are you already convinced that this is the next step in your career If yes we would be happy if you would register and apply online (ID 242050). Just a quick note: Please only use our official application portal to apply. Unfortunately we cant consider applications sent via email. We really appreciate your understanding!

What you need to know:
Contract type: Permanent
Work Model:Hybrid
Working time: Full time; Part time
Company: Energy Markets GmbH
Location:Essen
Function area: Energy Management; Trading