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Energy Risk Lead

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Job ID:

1724047

Location:

Edinburgh 

Salary:

per annum
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Job Views:

7

Employment Type:

Full time

Posted:

12/10/2020

Closing Date:

09/11/2020
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Job Description:

Our client specialises in generating new revenue from flexible energy assets. They provide transparent market access for combined heat and power operators, battery developers, merchant generators and energy-intensive industrial sites. Using their 24-hour control room and live smart grid platform, they monetise the flexibility of their customers in on-the-day markets such as the Balancing Mechanism.
About the role
A growing product suite and customer portfolio, coupled with increasing complexity and new opportunities in their core markets means they need to be ever more proactive in identifying, developing, and monetising opportunities as well as associated risks.
The opportunity - a growing market for flexibility and great opportunity ahead being unlocked by the electrification of transport and heat.
The role - a genuine opportunity to strengthen and develop a unique service in an exciting industry, the role will play an integral part in the success of the business by shaping the company's risk mandate and internal governance. As their trading capabilities grow, the role will ensure that the company remains compliant with internal risk policies as well as wholesale market regulations. The Risk Lead will also be responsible for designing risk metrics, and monitoring performance against them.
The location - in the heart of one of the best cities to live and work in Europe
The team - working with highly skilled and motivated individuals
About you
Essential
* In depth understanding of the regulatory and compliance landscape, particularly in UK wholesale energy markets
* At least 3 years of prior relevant work experience gained in a risk management and reporting function within the energy industry
* Experience in designing risk reporting and measurement tools like Value at Risk, stress testing, back testing, PnL monitoring
* Ability to understand and critique trading strategies and decisions
* Strong written and verbal communication skills catering to a range of audience from finance, senior management, and front office
Desirable
* Prior experience in shaping risk mandates and policies
* Prior experience of working in the front office would be an advantage
* Knowledge of ETRM systems and managing book structures
* Knowledge of credit risk management techniques would be beneficial
Personal attributes
* Proactive, diligent and a critical thinker
* Ability to quickly process and understand complex and large sets of data, and summarize succinctly
* Ability to operate with clear focus, upholding company values
* Motivated, self-starter with the capacity to work independently and as part of a team
Benefits
Our client is committed to rewarding initiative and excellence, and they offer a competitive salary and comprehensive benefits. You can expect challenge, learning and autonomy in creating value in their dynamic business.
The current business provides the platform for exceptional growth and the launch of new services in high-growth emerging sectors.
Company culture
* Highly professional; respected industry leaders
* Flexible and informal
* Fun, but hard working and focused
* Superb offices in central Edinburgh
About us
Climate17 are recruitment specialists across Clean Energy & Environmental markets. Our extensive experience, expert market knowledge and passion for what we do stand us apart.
Apply today
For full disclosure, please contact Tom Wolsey on (phone number removed), or send your CV
Company Info
Confidential

Company Profile



Company Info


Confidential

Phone:
Web Site:

Energy Risk Lead

col-narrow-left 

Job ID:

1724047

Location:

Edinburgh 

Salary:

per annum
col-narrow-right 

Job Views:

7

Employment Type:

Full time

Posted:

12/10/2020

Closing Date:

09/11/2020
col-wide 

Job Description:

Our client specialises in generating new revenue from flexible energy assets. They provide transparent market access for combined heat and power operators, battery developers, merchant generators and energy-intensive industrial sites. Using their 24-hour control room and live smart grid platform, they monetise the flexibility of their customers in on-the-day markets such as the Balancing Mechanism.
About the role
A growing product suite and customer portfolio, coupled with increasing complexity and new opportunities in their core markets means they need to be ever more proactive in identifying, developing, and monetising opportunities as well as associated risks.
The opportunity - a growing market for flexibility and great opportunity ahead being unlocked by the electrification of transport and heat.
The role - a genuine opportunity to strengthen and develop a unique service in an exciting industry, the role will play an integral part in the success of the business by shaping the company's risk mandate and internal governance. As their trading capabilities grow, the role will ensure that the company remains compliant with internal risk policies as well as wholesale market regulations. The Risk Lead will also be responsible for designing risk metrics, and monitoring performance against them.
The location - in the heart of one of the best cities to live and work in Europe
The team - working with highly skilled and motivated individuals
About you
Essential
* In depth understanding of the regulatory and compliance landscape, particularly in UK wholesale energy markets
* At least 3 years of prior relevant work experience gained in a risk management and reporting function within the energy industry
* Experience in designing risk reporting and measurement tools like Value at Risk, stress testing, back testing, PnL monitoring
* Ability to understand and critique trading strategies and decisions
* Strong written and verbal communication skills catering to a range of audience from finance, senior management, and front office
Desirable
* Prior experience in shaping risk mandates and policies
* Prior experience of working in the front office would be an advantage
* Knowledge of ETRM systems and managing book structures
* Knowledge of credit risk management techniques would be beneficial
Personal attributes
* Proactive, diligent and a critical thinker
* Ability to quickly process and understand complex and large sets of data, and summarize succinctly
* Ability to operate with clear focus, upholding company values
* Motivated, self-starter with the capacity to work independently and as part of a team
Benefits
Our client is committed to rewarding initiative and excellence, and they offer a competitive salary and comprehensive benefits. You can expect challenge, learning and autonomy in creating value in their dynamic business.
The current business provides the platform for exceptional growth and the launch of new services in high-growth emerging sectors.
Company culture
* Highly professional; respected industry leaders
* Flexible and informal
* Fun, but hard working and focused
* Superb offices in central Edinburgh
About us
Climate17 are recruitment specialists across Clean Energy & Environmental markets. Our extensive experience, expert market knowledge and passion for what we do stand us apart.
Apply today
For full disclosure, please contact Tom Wolsey on (phone number removed), or send your CV