Model Risk Analyst - Energy

2w2 weeks ago

SmartestEnergy

London, GB · Full-time · £55,000 – £75,000

About this role

Do you enjoy using quantitative analysis to solve complex risk challenges and influence key commercial decisions? As a Model Risk Analyst at SmartestEnergy, you'll strengthen our risk framework by validating valuation models and developing innovative risk methodologies. You will provide analytical insight to measure, monitor, and manage risk across Trading and Origination portfolios.

Your responsibilities include designing and implementing risk methodologies for non-standard transactions and independently validating front office pricing and valuation models. You will also contribute to the governance of model validation policy and practices, and model market data for commodity risk factors.

You will support other Risk teams on all quantitative risk models and methods, as well as on small tactical programming tasks that enhance efficiency. The role offers exposure to a globally-minded team with offices in the UK, US, Spain, and Australia, with plans for further expansion.

SmartestEnergy is committed to digitising, decarbonising, and localising the future of energy. With flexible working arrangements and a strong focus on diversity and inclusion, this role provides an opportunity to make a global impact while advancing your career in energy risk management.

Requirements

Experience of quantitative risk management
Energy or finance industry background required
Proficiency in programming languages such as Python or R for risk model development
Knowledge of valuation models and pricing for energy derivatives
Understanding of model validation frameworks and governance
Strong analytical and problem-solving skills specific to quantitative risk challenges

Responsibilities

Design and implement risk methodologies for non-standard transactions
Independently validate front office pricing and valuation models
Contribute to shaping and governance of model validation policy and practices
Model market data for commodity risk factors
Support other Risk teams on all quantitative risk models and methods
Support other Risk teams on small tactical programming tasks that enhance efficient ways of working

Benefits

Work with a globally-minded team with offices across the UK, US, Spain, and Australia, with plans for further expansion
Flexible working with the freedom to work from anywhere in the world for up to 30 days per year
Hybrid working model with typically 2 days in the office and 3 days working from home
Commitment to diversity and inclusion, celebrating diverse culture and valuing individuals irrespective of background