Trading Risk and Operations Manager

Trading Risk and Operations Manager

Reports to:

Trading and Contract Management Director

Location:

Nottingham or Leicester – Fully Office Based Role

Working hours:

Monday to Friday, 37.5 hours a week Passionate and motivated people are the power behind our growth so we’re looking to expand our team, and you could be part of our success story.  As Trading Risk and Operations Manager you will lead the Trading Risk team and deliver risk management across our commodity portfolio.  You will be responsible for the continuous improvement of our volume forecasting performance, and delivery of hedging strategies.  

You will guide the Trading Risk team in the production and modelling of wholesale energy prices, as well as delivering insight and reporting to support the wider business.

The role will require meeting changing business and industry requirements to continually improve our forecast methodology, support new products, and meet our strategic objectives. What We Need from YüHere’s a taste of what you’ll be doing:

Ownership of the volume forecasting methodology, incorporating changes required to meet industry change.

Management of hedging strategies, ensuring they meet requirements of a changing risk landscape. Leading on the analysis of volume and commodity price forecasts, understanding the differences between forecasts and outturn, and making methodology changes as required. Ownership of commodity risk modelling, reporting and insight.

Continuous improvement in processes - Identify and implement opportunities for automation, leading to improvements in speed and accuracy.

Liaise with the Trading and Pricing teams to ensure wholesale energy costs and risks are accurately reflected in prices. Nurture and develop the analytical capability of the Trading Risk team and broader Trading Department.

About YüIf you have what it takes you could be just what we’re looking for…A minimum of 5 years’ experience in the energy industry, in a Trading, Commercial, or finance focussed role Excellent numerical and analytical skills; with an understanding of statistical modelling.

Experience of electricity and gas commodity markets Knowledge of Market-Wide Half-Hourly Settlement (MHHS)
Strong verbal and written communication skills

Excellent stakeholder management skills

Self-motivated with an ability to work independently

Experience of supporting the development of analytical teamsYü Come First We have a wide range of benefits for our employees including:24 days annual leave + bank holidays

Holiday buy – up to 5 additional days

Day off on your birthday

Employee Assistance Programme Annual salary review

Learning and development opportunities

Enhanced paternity, maternity and adoption policiesYü made a difference Awards3 days additional annual leave if you get married/civil partnership etc.

Appointment allowance

Long service recognition

Refer a friend payment

Company sick pay (subject to length of service)
New modern facilities

Death in service and critical illness cover

Plus, many more

This position does not fulfil the UK Visas & Immigration sponsorship criteria for Skilled Worker, therefore we can only accept applications from candidates who already have an indefinite right to work in the UK. If you need any reasonable adjustments to help you apply for a role, please let us know and we will see what we can do.  #YUMPDepartmentYUR - 2140 - Trading

Employment Type

Full Time Workplace type Onsite