The Risk Manager will act as a key interface between the trading desk and senior management, owning the risk framework for power and gas products — with a strong focus on derivatives exposure, stress testing, and P&L attribution. You will partner with trading, quant, and risk teams to ensure transparent, accurate, and timely risk reporting.
Key Responsibilities
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Own daily risk monitoring across European gas and power portfolios, including VaR, stress tests, scenario analysis, and option Greeks.
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Provide real-time risk oversight of physical and derivatives exposures (futures, options, structured products) across TTF, NBP, JKM, EU power markets, and others.
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Validate forward curves and market inputs for illiquid products; challenge trader marks where needed.
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Collaborate with front office to improve pricing models and implement new risk metrics across the curve.
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Lead development of P&L decomposition tools and daily commentary for trading management.
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Manage and evolve limit frameworks (VaR, notional, credit, tenor, product, etc.) in line with business growth and regulatory requirements.
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Support commercial deal structuring by identifying embedded risks in new physical or structured contracts.
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Work closely with IT and quant teams to develop or enhance risk systems and dashboards.