Major UK Power group require a Team Leader to join the Risk Controlling Team
The team is responsible for the appropriate valuation, analysis and provision of daily Risk and Performance information for company's Trading Desks (Coal and Freight Desk and the UK Power Complex Desk). Products traded by the desk include Power (UK and Continental), NBP Gas, Coal, Dry Freight, ROCS and EU ETS.
Main responsibilities
Preparation of daily and monthly Risk Reports for one of the Trading Desks
Risk measurement and limit checking, including stress testing and validation of input parameters used by pricing and risk measurement models
Provision of detailed analysis of risk measures, positions, P&L and trading strategies for Traders and Senior Management
Valuation and capture of new products within both the core trading system and development of secondary risk systems where required
Manage a team (4-5 team members) to provide guidance and training to junior members of staff and contribute to the development of the team including, target setting, annual reviews, development plans, mentoring and coaching
Candidates will have
Previous risk controlling and reporting experience within a trading organisation or other risk-based environment
Good understanding of risk methodologies – both qualitative and quantitative, coupled with an ability to understand how these methodologies would be utilised most effectively within an energy industry organisation
A strong ability to demonstrate leadership skills would be an advantage
Ability to take accountability for the work delegated to team members, whilst at all times ensuring that tasks are delivered in a timely and effective manner
Disciplined and organised approach to work, with the ability to work under pressure from time to time is essential
Enthusiastic approach to work with a willingness to create and evolve with changing processes