Risk Manager (Energy Trading)

Job summary

This position focuses on managing risks associated with energy trading, specifically in power and gas portfolios, ensuring compliance with defined risk appetites across various countries.

Qualifications

• Degree in Finance, Economics, Mathematics, or a related field.
• Several years of experience in risk management within the energy trading sector (power & gas).

Responsibilities

• Monitor commodity, market, credit, and operational risks for power, gas, and certificates, including daily management of clearing accounts.
• Develop and maintain exposure reports and dashboards for real-time risk insights.
• Conduct stress tests, scenario analyses, and backtesting to evaluate potential losses and treasury impacts.
• Model and control risk parameters and validate the price forward curve.
• Create models and processes to improve risk control.
• Ensure compliance with regulations and oversee trading limits and controls.
• Assess risk-adjusted performance metrics such as VaR and Margin-at-Risk.

Skills

• Strong knowledge of VaR, Margin-at-Risk, stress testing, data modeling, and system integration.
• Proficient in risk software and data tools with strong analytical and decision-making skills.
• Fluent in English and German with excellent collaboration abilities.

Education

• Degree in Finance, Economics, Math, or a similar field.

Tools

• Risk software and data tools.