Risk Manager Power & Gas (m/w/d) Trading

Responsibilities

In this role, you take on a central responsibility for risk management in energy trading. You ensure that our power and gas portfolios are managed transparently, in a controlled manner, and in line with the group‑wide defined risk appetite across multiple countries.

 

Your responsibilities include:

 

• Risk Monitoring: Monitor commodity, market, credit, and operational risks for power, gas, and certificates (GOs, VERs, biomethane, EUA2), including daily management of clearing accounts.
• Reporting & Dashboards: Develop and maintain exposure reports and dashboards for real-time risk insights.
• Analysis & Testing: Perform stress tests, scenario analyses, and backtesting to assess potential losses and treasury impacts.
• Risk Modelling: Model and control risk parameters (spot, balancing energy, hedging, volatility, margin) and validate the price forward curve.
• Process Optimization: Develop models and processes to enhance risk control.
• Compliance & Controls: Ensure regulatory compliance (e.g., REMIT, MiFIR, MiFID) and oversee limits, trading controls, and escalation protocols.
• Performance Assessment: Assess risk-adjusted performance (VaR, Margin-at-Risk, P&L attribution).

 

Profile

• Education & Experience: Degree in Finance, Economics, Math (or similar) + several years of risk management experience within energy trading (power & gas).
• Technical Expertise: Strong knowledge of VaR, Margin-at-Risk, stress testing, data modelling, and system integration.
• Tools & Skills: Proficient in risk software/data tools with strong analytical and decision-making skills.
• Languages & Collaboration: Fluent in English and German with excellent teamwork abilities.

 

Further Information

• Work Location: By individual agreement, the workplace can be located either in Osterrönfeld (Albert-Betz-Straße 1, 24783), Hamburg-Harburg (Harburger Schloßstraße 24, 21079), or Fredericia, Denmark (Ballesvej 2, 7000).