Beschreibung
For our client in Nord Rhein-Westphalia, Germany, we are looking for a Senior/Principal Risk Analyst, or those aspiring to this role, reporting to the manager of the Asset Risk team.
Start: ASAP
Duration: 6 months
Location: Nord Rhein-Westphalia, Germany
Volume: 40 hours/week
Language: English
Project description:
The power risk team's primary role is to support the clients´ coal and emissions optimisation and merchant trading teams' trading activities, provide transparency on the risks and trading performance of the portfolios and to advice on the management of these risks.
Responsibilities
- You ensure that positions, risk and PnL in the portfolio are accurately reported in a timely manner to trading desks, the clients´ risk committee and senior management.
- Upon your analysis of portfolio data you act as a strong sparring partner with Front Office and senior management, in particular by reflecting market developments into the risk metrics to make portfolio dynamics transparent.
- You present the key risks of the portfolio and it's mitigation strategies to the clients´risk committee on a regular basis.
- You proactively investigate, propose and develop new risk assessment techniques for application within the client. You propose trigger points for action/exit strategies to manage risk within limits to ensure continuous and efficient use of risk capital.
- You work effectively across all levels of the organisation to challenge, promote dialogue and to enhance cooperation.
- You think commercially about the development and implementation of new products and hedging tools in markets that open up new opportunities.
- You analyse structured trading and option strategies to exploit the optionality of the assets. You present ideas using prototyping.
- You ensure that the compliance framework and limit framework monitoring is effective.
- You successfully support and/or lead complex projects
- You bring forward convincing and persuasive presentations, decision papers and advice to the client and the stakeholders.
Qualifications
- You have 3-6 years of solid portfolio and/or risk analysis or trading experience.
- You show detailed commodity specific understanding and in depth knowledge of at least two commodities and you can develop knowledge of other linked markets.
- You show thorough understanding of dynamics of drivers and you perceive and identify trends.
- You are highly comfortable with computation.
- You think commercially and a proactive -can do- mentality is present.
- You apply various approaches to reach audiences/recipients of your communication.
- You show excellent knowledge of VBA programming, Excel, Access.
- You are very comfortable with database querying in SQL. Matlab experience is an advantage.
- You can get your head around the complexities of options pricing in particular around asset modelling, around stochastic processes, Monte Carlo simulation and Value at Risk; you can propose adequate stress testing of exposures.
- You have played a key role in a system or business change project and have a sound understanding of project management principles and methods.
- You are fluent in written and spoken English.