Senior Risk Analyst

Job Description

Senior Risk Analyst

About the Organization

Centrica Energy, the trading arm of Centrica, engages in LNG, gas, power, and energy attributes trading, connecting independent producers, suppliers, and corporate off-takers in the wholesale energy markets.

About the Team

The Centrica Energy Market Risk team proactively identifies, evaluates, measures, and controls market risks associated with the portfolio of physical and contractual assets and trading activities. We provide actionable insights to stakeholders, ensuring Centrica Energy achieves its commercial, financial, and strategic objectives within a robust risk control framework.

About the Role

As a Senior Risk Analyst reporting to the Risk Manager of Control and Governance, you will analyse and monitor market risks and recommend measurement methodologies, processes, and policies while closely collaborating with the front office. You will produce market risk reports, maintain awareness of principal market risks, and support the Market Risk Manager in promoting a culture of sound risk management across the business. This role is suitable for an established Senior Risk Analyst seeking a fresh challenge or an experienced Risk Analyst aiming for the next career step. The job title will be aligned with the candidate’s experience and competency.

Who We Want to Work With

We are looking for individuals who embody the Centrica values and motivations. We seek team members who:

• Care: Demonstrate a genuine commitment to the well-being of our team, customers, and the communities we serve.

• Delivery: Strive for excellence and are dedicated to achieving results. We want individuals who take ownership of their responsibilities and contribute to the success of the team.

• Collaboration: Thrive in a collaborative environment, working effectively with diverse teams to achieve common goals.

• Agility: Adapt to change with ease, embracing innovation and proactively seeking ways to improve processes.

• Courage: Display resilience and determination in tackling challenges, contributing to a positive and dynamic workplace.

What Can We Offer You

• Managing market risk exposures across a large spectrum of physical commodity trading portfolios including Power, Gas, LNG, Carbon, and structured energy products.

• Joining an expanding team where peers have a growth mindset and hold the Centrica values dearly.

• Personal training and development opportunities.

Requirements

Experience and Education:

• Strong Knowledge of physical and financial energy market fundamentals and traded instruments.

• Excellent knowledge of risk management methods and techniques, including Value at Risk, Stress Testing, and Option Pricing.

• Strong commercial awareness and capable of articulating complex ideals and providing constructive advice to market risk manager and Front Office.

• Proficient in ETRM systems such as Endur, EOS and Power BI, Python and SQL

• Degree(s) in a quantitative/technical subject (sciences, maths, stats, engineering, economics) and/or professional certification (FRM, ERP, CFA, CQF).

Soft Skills:

• Excellent attention to detail and problem-solving skills.

• Confidence, presence, resilience, and determination to succeed in a dynamic and demanding business environment.

• Proactive with a drive for continuous improvement.

• Strong communication skills at all levels.

Responsibilities and Deliverables:

• Produce market risk reports and ad hoc market risk analysis. Identify, assess, report, and monitor market risk exposures across a diversified commodity portfolio, including analysing trading and hedging strategies and assessing risk impacts.

• Work with commercial teams and implement new business strategies and risk control frameworks throughout of life cycle of the trade. Integrate limit changes and deliver improvements to market risk policies, processes, and systems.

• Provide timely risk insights into the trading portfolio to senior management by being a local point-of-contact for running scenario analyses within the applicable market risk frameworks.

• Maintain and share strong knowledge of trading portfolios and stay abreast of developments in the energy markets.

• Deputize the Market Risk Manager during his absence and guide risk analysts.

• Support Risk Manager of Control and Governance in ensuring the effective day-to-day operation of the CE Risk Control Framework in accordance with policies, SLAs and stakeholder expectations.

Our customers come from all walks of life, and so do we. We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger. We will continue to champion inclusivity, develop future skills, and invest in our local communities to create a better, more sustainable world for everyone.

#LI-CET

At Centrica we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. To build a more sustainable future, we need the best team – a team with a diverse mix of people and skills, where everyone feels welcome and able to succeed. We are dedicated in helping to close the diversity gap and would love to see more females, people of colour and LGBTQ+ employees, as well as those from a variety of cultures and ethnicity to veterans and the differently abled. Supporting diversity and inclusion is a big part of who we are, we are not looking for people to fit into our culture but to add to it!

PLEASE APPLY ONLINE by hitting the 'Apply' button.

Applications will ONLY be accepted via the ‘Apply’ button.

This role is being handled by the Centrica recruitment team and NO agency contact is required.