Technical Market Risk Manager- Power & Gas

Technical Market Risk Manager
- Power & Gas

Technical Market Risk Manager / Senior Market Risk Manager – Power & Gas
London – Hybrid
We are working with an established energy trading business is looking to hire a Market Risk Manager / Senior Market Risk Manager to support its European power and gas trading activities.

We are working with an established energy trading business- looking to hire a Market Risk Manager / Senior Market Risk Manager to support its European power and gas trading activities. The role sits close to the trading desks and combines classic second‑line market risk oversight with a strong focus on risk systems, data and tooling.

• Lead the development and maintenance of risk‑monitoring tools drawing on data from trading and risk systems and other internal sources.
• Provide daily and intraday market risk oversight of power and gas trading portfolios, including proprietary strategies.
• Review and explain P&L, VaR, sensitivities and stress/scenario results, distinguishing genuine risk moves from model or data effects.
• Monitor VaR, position and stop‑loss limits, escalating breaches and advising on corrective actions where appropriate.
• Own and maintain key data mapping and reference tables used for VaR, exposure and limit reporting, ensuring accuracy and consistency.
• Use hands‑on technical skills (advanced Excel, automation, Python or similar) to enhance reporting, dashboards and intraday monitoring.
• Develop and refine risk methodologies suited to short‑term power trading, where traditional end‑of‑day VaR is less effective.
• Work closely with traders, IT and change teams to design practical intraday metrics (e.g. position limits, max daily loss, drawdown rules).

5–10 years’ experience in market risk within commodities or energy trading, ideally with exposure to short‑term or intraday power/gas.

• Comfortable working with large datasets; able to spot and resolve data issues and challenge curve and pricing inputs.
• Hands‑on technical skills: advanced Excel (including automation);
  Python or similar scripting language strongly preferred; SQL or BI tools an advantage.
• Experience with trading and risk platforms (ETRM/CTRM or cross‑asset risk systems) and working with IT/change teams on enhancements or implementations.

If you meet the above set criteria, please apply or send a copy of your CV to had

Robert Walters Operations Limited is an employment business and welcomes applications from all candidates.

Contract Type:
Permanent
Workplace Type:
Hybrid
Experience Level: Senior Management

Location:

City of London
Full Time:
Yes

Salary: £130,000 - £150,000 per annum