Senior Market Risk Analyst

E.ON Energy Markets GmbHE.ON Energy Markets GmbH is a subsidiary of the E.ON Group based in Essen. Our main purpose is to coordinate access to trading markets for our regional business units, to bundle the associated chances and risks plus to provide innovative services. Our core competencies include portfolio strategies, risk management and data processing. With activities in various European countries, we shape the future of diversity matters. We welcome all people and are convinced that differences make us stronger. Become part of our inclusive and diverse company culture To create equal opportunities for everyone we offer our positions in full or part-time.Seize the chance to become part of our E.ON Energy Markets GmbH team in Essen as soon as possible and apply online now as Senior Market Risk Analyst - Energy Markets (f/m/d). Create perspectives not only for the future of E.ON, but also for your own. We can't wait to meet you, because none of us is as strong as all of us.ResponsibilitiesLiaise with E.ON Energy Market (EEM) traders, originators and sales staff to understand and challenge proposed hedging strategies and commodity contractsMonitor the PnL and risk metrics of EEM’s portfolio. Report to the management performance and compliance with the policyReview 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 processesReview the application of risk metrics in the Regional Units (RUs) with the aim to ensure alignment in definition and applicationQuantify portfolio effects and correlations between RUs and between different risk typesFacilitate best practice transfer between RUsDevelop, maintain, and enhance quantitative risk models to assess and price market risks for our energy trading and customer portfoliosMonitor the performance of risk models and suggest improvements based on new research and industry trendsPrepare 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, etcQualificationsUniversity degree in a quantitative/financial/information technology or risk management disciplineGood working knowledge of VaR, option theory, econometricsSolid knowledge of financial instruments (Futures, Swaps, Forwards, Options) and their valuationExcellent understanding of commodity markets (power, gas, certificates) and underlying energy economicsProficient 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 setupExperience with renewable energies, flexibilities or short-term optimization would be advantageousStrong analytical skills, accurate and attention to detailMinimum of 5 years experience in risk management or trading within a fintec, investment bank, hedge fund, consulting, or energy (trading) companyProactive, good communicator and team playerEnthusiastic and agile approach to work with a drive to learn and make continuous improvementsLanguages: English, German would be advantageousTo keep you motivated and healthy we are offering you the following benefitsFlexibility: hybrid work model, flexible working times, sabbatical or additional vacation opportunities allowing great work-life balanceWorking from abroad: up to 20 days in the European economic areaFlat hierarchies: interdisciplinary and very cooperative working style providing room for own ideasModern work environment: workplace according to digital and ergonomic standardsPersonal growth: life-long independent learning making use of a broad range of opportunities working with the newest technology and state of the art trainingsFamily service support: services in the areas of childcare, holiday care, nursing support or everyday assistanceNutrition & 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-vehiclesIndividual mobility: private car and bicycle leasing as well as subsidized Deutschland TicketInklusionUns ist wichtig, Menschen mit Behinderung ein faires Bewerbungsverfahren zu ermöglichen, in dem sie ihr Bestes zeigen können. Daher wird unsere Schwerbehindertenvertretung frühzeitig in das Verfahren einbezogen. Bitte teile uns über das Bewerbungsformular mit, ob du technische oder organisatorische Anpassungen für das Bewerbungsverfahren benötigst. Wir stellen diese gern zur Verfügung.