Energy Risk Manager

  • Job Reference: JR11823
  • Date Posted: 17 May 2024
  • Employer: Veolia
  • Website: https://www.veolia.co.uk/careers
  • Location: London
  • Salary: On Application
  • Sector: Science & Technology
  • Job Type: Full Time

Job Description

Salary: Competitive per annum plus Veolia benefits
Hours: 40 hours per week

When you see the world as we do, you see the chance to help the world take better care of its resources and help it become a better place for everyone. It's why we're looking for someone who's just as committed as we are, to push for genuine change and bring our ambition of Ecological Transformation to life.

We know that everyone here at Veolia can help us work alongside our communities, look after the environment, and contribute to our inclusive culture.

What we can offer you:

- 25 days of annual leave (plus bank holidays)
- Car or allowance
- Generous bonus scheme
- Access to our company pension scheme
- Discounts on everything from groceries to well-known retailers
- Access to a range of resources to support your physical, mental and financial health; so you can lean on us whenever you need to
- One paid days leave every year to volunteer and support your community
- Ongoing training and development opportunities, allowing you to reach your full potential


What you'll be doing:

You will ensure the financial risk for the prompt and the curve for the Export and Import portfolio revenue is being proactively managed as per company policies.

This will include hedging strategy & implementation, leading Analyses, as well as trading modelling and reporting.

You will monitor, forecast and manage revenue risk for the export/import portfolio by using existing reports and leading our Quantitative Analyst to develop new reports and models as required, ensuring regular reports, presentations and analyses prepared for senior management are accurate and timely. Creating a Power stack model to develop the team's longer-term view of power prices and contribute to ongoing review of hedging strategy.

As well as ensuring compliance with all Health and Safety policies and procedures - including maintaining and ensuring compliance of procedures as directed by the Trading Operations Manager for the management of the Front Office and supporting the Risk Committee decision making process on hedging power.

What we're looking for:

  • Experience in portfolio risk management
  • Knowledge of UK Power and Gas Market
  • Highly Numerate and Analytical
  • Experience of developing forecasting models and quantitative analysis techniques
  • Highly skilled in use of more than one of the following programming languages: Python, R, SQL, Java, C/C++
  • Direct experience of hedging power at prompt or the curve would be advantageous.
  • Direct experience of leading/managing team members would be advantageous

What's next?

Apply today, so we can make a difference for generations to come.

We're proud to be listed in The Sunday Times Best Places to Work 2024, being named as a Top 10 Very Big Organisation to work for two years in a row!

This accolade further demonstrates our commitment to our people and our actions in creating an environment where everyone can be their true selves and enjoy working at Veolia.

We want to ensure that you feel supported throughout the application process and provide reasonable adjustments where necessary and requested. If you require any reasonable adjustments as part of your application and interview process please do not hesitate to let us know.

Here at Veolia, we're proud to be known as an equal opportunities employer. We know how important it is to be fully committed to building and maintaining a diverse and inclusive place to work for every one of our colleagues. So no matter their age, gender, gender expression, disability, race, ethnicity, religion, belief, sexuality or veteran status, every applicant who meets the minimum requirements will be considered fully.


Here at Veolia, we're proud to be known as an equal opportunities employer. We know how important it is to be fully committed to building and maintaining a diverse and inclusive place to work for every one of our colleagues. So no matter their age, gender, gender expression, disability, race, ethnicity, religion, belief, sexuality or veteran status, every applicant who meets the minimum requirements will be considered fully.