Senior Market Risk Analyst - Energy Markets (f/m/d) E.ON Energy Markets GmbH

Responsibilities

• Liaise with E.ON Energy Market (EEM) traders, originators and sales staff to understand and challenge proposed hedging strategies and commodity contracts.
• Monitor the PnL and risk metrics of EEM’s portfolio. Report to the management performance and compliance with the policy.
• Review new products or transactions to identify and quantify their risks (e.g. options, Financial Transmission Rights, PPAs, gas storages, batteries, etc.).
• Develop reporting tools and automate risk monitoring processes.
• Review the application of risk metrics in the Regional Units (RUs) with the aim to ensure alignment in definition and application.
• Quantify portfolio effects and correlations between RUs and between different risk types.
• Facilitate best practice transfer between RUs.
• Develop, maintain, and enhance quantitative risk models to assess and price market risks for our energy trading and customer portfolios.
• Monitor the performance of risk models and suggest improvements based on new research and industry trends.
• Prepare and deliver ad-hoc analysis, reports and presentations for stakeholders and E.ON SE committees (Market Committee, Risk Committee)
• Interface with various central and unit stakeholders: EEM’s Front Office, Controlling, Accounting, Regional Risk functions, etc.

Qualifications

• University degree in a quantitative/financial/information technology or risk management discipline.
• Good working knowledge of VaR, option theory, econometrics.
• Solid knowledge of financial instruments (Futures, Swaps, Forwards, Options) and their valuation.
• Excellent understanding of commodity markets (power, gas, certificates) and underlying energy economics.
• Proficient with SQL and Python based data modelling and data engineering ideally using Cloud technologies and a keen interest to practically work with further integrating, automating and expanding our reporting setup.
• Experience with renewable energies, flexibilities or short-term optimization would be advantageous.
• Strong analytical skills, accurate and attention to detail.
• Minimum of 5 years experience in risk management or trading within a fintec, investment bank, hedge fund, consulting, or energy (trading) company.
• Proactive, good communicator and team player
• Enthusiastic and agile approach to work with a drive to learn and make continuous improvements.
• Languages: English, German would be advantageous.

E.ON is united in working on the most exciting issue that our generation needs to solve climate change! With all our employees and customers, we are a global community of innovators and changemakers, all with the belief that each one of us can make a difference for our environment, for our society and for our children – We shape the future.

To keep you motivated and healthy we are offering you the following benefits:

• Flexibility: hybrid work model, flexible working times, sabbatical or additional vacation opportunities allowing great work-life balance
• Working from abroad: up to 20 days in the European economic area
• Flat hierarchies: interdisciplinary and very cooperative working style providing room for own ideas
• Modern work environment: workplace according to digital and ergonomic standards
• Personal growth: life‑long independent learning making use of a broad range of opportunities working with the newest technology and state of the art trainings
• Family service support: services in the areas of childcare, holiday care, nursing support or everyday assistance
• Nutrition & Health: wide selection of fresh meals and drinks in our subsidized bistro and canteen as well as various health offers (e.g. physiotherapy, flu vaccinations, mental health)
• Corporate Benefits: employee share program, pension scheme, employee discounts, special insurances (and much more)
• A central location: very good public transport connection, free parking and charging points for e‑vehicles
• Individual mobility: private car and bicycle leasing as well as subsidized Deutschland Ticket