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Senior Technical Risk Analyst

Location:
Stroud
Salary Details:
Depending on Experience
08 Jul 2022
About The Role

The successful candidate will sit within the Energy Trading Team; reporting into the Trading Manager, with the role providing crucial technical credit & risk analytics to Ecotricity’s Trading function.

An exciting opportunity within the team, the role focuses on developing technical elements of the Credit & Risk function. The successful candidate will contribute towards the high performance of the team by developing metrics for exposure management of counterparties and trading exchanges. The successful candidate will have the ability to build, develop & automate models and Monte-Carlo simulations that can be communicated easily to senior stakeholders.

Part of the role will be to research and originate suitable counterparties for Ecotricity’s portfolio to further develop avenues for trading in power and gas.

It is an ideal role for someone with technical credit & risk experience already, preferably in the energy industry. A requirement to be highly numerical and analytical, with an affinity for process creation. We are looking for a candidate who wants the challenge of developing their own analytical models and have a genuine influence over a core part of the business day to day.

Your role will also entail supporting the Group Environmental policy and it's associated targets to make the Green Britain Group net carbon neutral by 2025

The Energy Trading department is a team which manages generation & demand forecasting of our wind turbines and customer demand, pricing our retail and business customers and trading our volume requirements, as well as commercialising smart grids.  In addition, they manage the credit and risk and analysis of global commodities associated with trading in the markets.  The team also engages with energy policy and regulation, company compliance and a range of large and small commercial projects.

The candidate should be highly competent in Excel/SQL and confident in data management, analysis and automation.  The person should be comfortable working within a fast paced, dynamic environment in which organising and prioritising workload will be an increasing and key challenge.

The successful candidate will be a company and team player, with a high level of organisational and communication skills. They will build and maintain quality relationships with the Trading Team and other internal departments.

About You

Essential Skill Set Required

  • You will bring your own proven experience within a credit & risk function using high technical skills
  • Commercially astute with an understanding of complex counterparty contracts
  • Able to conduct scenario modelling, stress testing, financial modelling & projections, and ability to automate models to a high level
  • Able to strike a good rapport with new & existing relationships within the energy industry to help Ecotricity counterparty portfolio
  • Excellent senior stakeholder management and able to communicate effectively to the right audience
  • Familiar with conducting proactive credit strategies to help with the trading hedging strategy
  • Experience in measuring risk for margining and collateral agreements
  • Implement new metrics for the team such as VaR and PaR analysis (Historic, Parametric, Monte Carlo)
  • Able to measure risk of potentially new trading structures such as options & swaps, gas storage, and more
  • Work in line with existing and further develop risk policies and governance
  • Highly proficient in MS Excel, SQL and a coding language
  • Degree in a highly numerical field is desirable
  • Excellent problem-solving skills
  • Good prioritisation and organisational skills and ability to be flexible in a fast-paced office environment
About Us

What's in it for you...

  • Healthcare plan, life assurance and generous pension contribution
  • Volunteering day
  • Hybrid working
  • Various company discounts (including shops, days out and events)
  • Holiday of 25 days (plus bank holidays) & ability to buy/sell days 
  • Cycle to work scheme, car pooling and onsite parking available 
As a valued member of the team you will be supporting the Group Environmental policy and its associated targets to make the Green Britain Group net carbon neutral by 2025

 

Flexibility statement 

The fast moving nature of the company's business means that from time to time you may be asked to perform duties or tasks outside of your original job description on an ad hoc basis. This allows the company to use it's people in the best possible way at all times and helps the employees to make make their contribution in a changing environment.  

Ecotricity is Britain's greenest energy company. When we started back in 1995, we were the first company in the world to provide a new kind of electricity- the green kind. 

Our mission was, and remains, to change the way energy is made and used in Britain- by replacing fossil fuels with clean, renewable energy. 

We don't just supply green energy, we use the money from our customers' bills to make it ourselves too- we build windmills and sun parks in Britain. We call this 'bills in to mills'. In 2021, we started work on building two new solar parks, and now, in 2022, we're bringing geothermal energy to our customers' fuel mix, a first in the UK. We're also developing green gas mills which will generate 100% green gas from a source that we will never run out of- grass. 

We don't just focus on energy though- we built Electric Highways, Britain's leading network of electric vehicle charging points, we helped Forest Green Rovers become the greenest football club in the world, and, in partnership with RSPB, we launched Britain's greenest mobile phone service, Ecotalk + RSPB. 

 

Ecotricity is an equal opportunities employer and is committed to providing equality for all.