My clients, who are a large energy business, are looking for the right person to fill the position of Quantitative Risk Analyst within Financial Risk, a sub-function of Risk Analysis in Hamburg.
Risk Analysis is part of the Staff Function Risk Management.
As second line of defense, Risk Management has the overarching responsibility and is accountable for the risk management framework within the company. This includes securing risk governance, the coordination and safeguarding of risk control, and providing transparency of the company's risk positions, as well as decision-making support for the business and top management.
Financial Risk, as a sub-function of Risk Analysis, ensures the overall perspective with respect to all financial risks. For this Financial Risk provides risk expertise in the field of quantitative risk modeling and additionally shapes and manages the top-down perspective and risk aggregation within the Enterprise Risk Management Process. This includes close collaboration with our Energy Trading Function BA Markets on model validation for valuation and risk measurement models.
Your job as a Quantitative Risk Analyst (f/m/d)
- Model validation of valuation and risk models which are used throughout the entire business, including autonomous trading algorithms
- Development and execution of models for risk measurement beyond traditional value-at-risk calculations to cope with the complexity of the company's portfolio
- Cooperation with colleagues from business, group functions and within risk on a regular basis
- Methodological and operational responsibility of the validation processes for non-standard price and risk models
- Expertise in the field of risk response methodologies and practical applications (hedging, portfolio effect, etc.)
- Ability to analyse real world problems by means of quantitative models and translate model results back into a broader context
Your profile as a Quantitative Risk Analyst (f/m/d)
- University degree within a relevant area (for example economics, mathematics, etc.)
- Practical experience within the energy industry is beneficial
- Both financial and fundamental understanding of the energy/power market
- Practical experience in quantitative modelling
- Strong skills in programming (preferably Matlab and/or Python)
- Good understanding of quantitative finance and related risk management principles
- Ability to work independently
- Strong interpersonal skills with the ability to communicate with commercial/technical colleagues and stakeholders alike
- Team player with analytical mindset and personal balance of pragmatism and creativity
- Ability to explain complex content in comprehensive format
- Strong command of English, verbally and written