Market Risk Analyst

Market Risk Analyst

EDF Group

London, United Kingdom

Position purpose

• Prepare daily, weekly and monthly market risk reports including VaR, options and stress testing.
• Analyse and quantify the risk of the company’s portfolio across commodities and products.
• Prepare analysis as directed by manager for consideration by the Global Risk Committee.
• Take ownership of trading desks and be in a position to explain/challenge strategies and conduct deep-dive analysis.
• Be able to present analysis in front of an audience.
• Interact daily with trading desks and analytics teams to review positions, exposures, and market developments.
• Monitor and articulate key risks using metrics such as VaR, stress testing, liquidity and concentration analysis, and P&L attribution.
• Contribute to the design, implementation and development of a holistic risk control framework with focus on market risk
• Escalate emerging risk issues and participate in risk committees and senior management forums.
• Support a risk conscious culture and promote best practice controls within the organisation through interaction with commercial and control teams across geographies.
• Provide support within the Market Risk team for the validation and optimisation of risk models, including system testing and development.
• Provide leadership on global position limits adherence, ensuring appropriate monitoring, aggregation and compliance across group businesses. Provide effective liaison with regulatory bodies as needed.

Experience required

• A background in risk management within an investment bank or energy trading company will be a plus (couple of years of minimum experience).
• Graduate qualification in any or combination of the following subjects: Maths, Physics, Chemistry, Engineering, Economics, Computing and Business or equivalent experience.
• Knowledge of Value-At-Risk, stress testing, scenario analysis, and other market risk techniques.
• Knowledge of energy commodities and derivatives products.
• Good knowledge of position limit regimes in North America and Europe will be considered a plus.
• Good knowledge in Gas, Power, oil markets.

Technical requirements

• Strong Excel, VBA, SQL and/or Python skills essential, proficient in other MS Office products, including Power BI.
• Strong quantitative aptitude, and ability to read and understand complex mathematical equations.

Person specification

• Excellent analytical skills and a focus on accuracy and precision.
• Strong written and verbal communication with ability to present quantitative analysis to all audiences.
• Proactive with the ability to thrive in a team environment under often disparate and conflicting pressures.