Market Risk Analyst

Posted 13 Days Ago
Be an Early Applicant
2 Locations
In-Office
Mid level
Retail • Energy • Utilities
The Role
As a Market Risk Analyst, you will assess market and credit risks, maintain risk models, prepare reports, and improve risk processes.
Summary Generated by Built In

Join us, be part of more. 

We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it. 

About your role:
We are looking for a Market Risk Analyst to join our Group Financial Risk team! As a Market Risk Analyst within Centrica’s Group Financial Risk team, you’ll play a pivotal role in identifying, analysing, and communicating Group-level Market and Credit Risk exposures arising from our activities in commodity markets. Collaborating across all areas of the business, you’ll use Group-level risk models to assess portfolio-level risks and deliver insights that inform C-suite decision-making.

You’ll apply your market expertise to support modelling, review new transaction types, and provide ad hoc risk support to Business Units without dedicated Financial Risk functions.

Responsibilities of the role:

Reporting to the Head of Group Financial Risk, you’ll ensure financial risks across the Group are effectively measured, monitored, and managed. Your responsibilities include:

  • Designing, maintaining, and operating Group-level risk models and methodologies.

  • Building strong relationships with Business Unit Risk teams to ensure alignment and collaboration.

  • Reviewing and enhancing market risk models and applications across the Group.

  • Preparing consolidated financial risk reports for senior leadership, combining Group and Business Unit insights.

  • Monitoring compliance with Group-level risk limits across market, liquidity, and credit domains.

  • Supporting senior management’s understanding of financial risk exposures.

  • Identifying process improvement opportunities aligned with Centrica’s finance transformation agenda.

  • Regularly reviewing and updating Group risk policies to reflect business growth.

  • Facilitating parental company guarantees for Centrica businesses.

  • Providing financial risk expertise to non-trading business units.

  • Contributing to the digitisation of risk processes.

  • Applying commodity market knowledge to develop stress testing scenarios.

Here's what we’re looking for:

  • Experience in commodity price risk management, preferably within the energy sector.

  • Strong grasp of risk management techniques (e.g. VaR, stress testing, option theory).

  • Proficiency in Microsoft tools (e.g. Power BI, Power Query).

  • A degree in an analytical or quantitative discipline.

  • Knowledge of financial risk governance, reporting, and controls.

  • Excellent problem-solving and communication skills.

  • Ability to navigate and analyse complex business structures.

  • Highly organised, hands-on, and detail-oriented.

  • Capable of producing high-quality work with minimal supervision.

Why should you apply?   
  
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you.  
  
https://www.morethanacareer.energy/centrica

  

If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.


Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.

Top Skills

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The Company
Berkshire
17,651 Employees

What We Do

Centrica is a leading energy services and solutions provider founded on a 200-year heritage of serving people. We are the UK’s biggest retailer of zero carbon electricity, serving around 10 million customers across the UK, Ireland and Continental Europe through brands such as British Gas, supported by around 9,000 highly trained engineers and technicians. Centrica’s purpose of helping you live sustainably, simply and affordably drives our strategy and our People and Planet Plan.

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