risk analyst London, England
Job description
Centrica Energy Marketing & Trading (EM&T) is the trading arm of Centrica. We trade LNG, gas, power and energy attributes - and connect independent producers, suppliers and corporate off-takers in the wholesale energy markets.
Centrica EM&T's (Energy Marketing & Trading) Risk Department provides a risk management capability to support commodity trading activities, origination and asset development. The Senior Quantitative Risk Analyst will provide a high quality, flexible, analysis service within Centrica EM&T's Risk Department. The team carry out quantitative assessments to validate and improve Centrica EM&T’s modelling developments, develop internal risk models, review & assess complex transactions and help Centrica maximise value and control risk exposure.
The role holder will play an important part in the work of the Risk Department and make a significant contribution to Centrica’s capabilities in this area. The role will provide an excellent opportunity to gain experience of a variety of significant business and quantitative issues across different areas. This, together with the opportunity for exposure to senior management, will help to provide an excellent platform for possible longer-term career development within one of the UK’s leading energy companies.
This role is based out of our London office (near to Marble Arch).
Role accountabilities:
Advise upon, and contribute to, ongoing model development for valuation and risk measurement, carrying out reviews and validation of Front Office models to help ensure best practice is followed
Directly contribute to the design, construction and implementation of Risk models
Undertake high quality assessments of a wide range of potential complex transactions, carrying out modelling and analysis as necessary, advising upon the value and risk-related quantitative issues associated with the proposals and, where necessary, providing constructive challenge to help ensure the proposals are robust
Assess and advise on quantitative risk-related aspects of commercial issues as required and facilitate ongoing development of Centrica risk control capability
Work effectively with other team members in EM&T Risk, with EM&T quantitative analysts, traders and originators and with other Centrica teams, including members of the asset development teams
Communicate the results of analyses clearly, including to senior management, in a way which adds significant value to business decisions.
The Person:
Educational background within a highly quantitative subject (mathematics, quantitative finance, operational research, science, engineering or similar)
Good understanding of quantitative finance and related risk issues including derivative principles, option valuation, probability and statistics; coupled with a strong practical, and business focused, approach to modelling, valuation and risk management
Ability to review and validate complex models
Understanding of the energy commodity markets
Excellent modelling and related programming skills (e.g. including model development experience; exposure to Python or similar and VBA) and the ability to build complex models
Ability to communicate complex issues in a clear, understandable manner with the front office quants team, traders, originators, asset developers, finance, Risk and other teams
Ability to work under pressure and to tight deadlines in a trading-related Risk environment
High attention to detail in both numerical analysis and written work
Strong team working and influencing skills
The ability to objectively and constructively challenge proposals for new modelling and transactions, whilst maintaining good working relationships
Strong appetite for practical and high-quality problem solving in a fast-moving commercial environment.
#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.
