Risk Analyst - North America

Do you want to kick off your career in risk management by joining a fast growing energy trading company? Are you eager to gain valuable hands-on experience and advance your analytical, quantitative, and programming skills? Then, you might be just who we are looking for!
We are currently seeking a Risk Analyst to join our Risk team at InCommodities - North America. The team's primary purpose is to establish and maintain a solid risk management framework that, through extensive market knowledge, risk monitoring, and tool automation, ensures our trading teams are well-equipped to take the best possible positions in the markets.
Be part of our North American growth adventure
At InCommodities, we are on a mission to rethink how data and technology are used in energy trading. Since our founding in 2017, we have grown rapidly into a global team of over 200 talented professionals from 22 countries. Headquartered in Aarhus, Denmark- often referred to as the Silicon Valley of energy trading- we operate with a truly global perspective, extending our activities across Europe, Asia Pacific, and North America.
In 2020, we expanded our US presence by establishing an office in Austin, Texas. Today, our NA organization covers both power and natural gas. You will be the first Risk Analyst joining our CFO Office and will be working on various tasks and projects related to risk management, ranging from building and optimizing tools ensuring a complete overview of our markets, credit, liquidity, and operational risk. This is a unique chance to apply your academic skills in a professional setting where your work will directly impact our way of monitoring risk.
Your journey as Risk Analyst
During your onboarding, you will be introduced to your tasks and responsibilities by working closely together with colleagues in the Austin office and the Risk team in Europe, who currently covers our operations within our risk management. Gradually, you will take on the full responsibility enabling you to work with a high level of autonomy. Cross-team collaboration continues to be crucial in our ongoing mission to ensure that our risk framework always identifies and captures risk in the best possible way.
This is a unique opportunity to advance your programming skills, build solid domain knowledge, and gain crucial insight and experience by working with some of the brightest minds in the energy trading industry.
Responsibilities - you will:

• Maintain existing and develop new tools, including owning and operating the VaR engine
• Maintain and optimize risk mandates across all trading activities
• Obtain a high level of understanding of the market domain to effectively collaborate with front office teams and align on products, strategies, trading limits and expectations
• Advise and challenge front office when necessary
• Take ownership and autonomy on quantitative risk projects
• Take part in identifying potential risks when entering new markets
• Participate in evaluations of the entire risk framework together with the team to ensure best practice risk overviews and procedures are implemented and emerging risks are identified
• Various day-to-day risk operations depending on current market situations
• Report on and escalate risk incidents or breaches of limits
• Stress-test open power and gas positions where liquidity risk arises
• Be located in or willing to move to Austin, TX.

Qualifications - we imagine that you:

• Recently graduated with a bachelor's degree or a master's degree in economics, finance, mathematics, engineering, computer science or similar.
• Have strong mathematical and statistical skills
• Are eager to work with data mining and data analysis
• Are experienced within or have basic knowledge of programming languages, ideally Python, R, and SQL

Personal skills - we expect that you:

• Have an analytic and logical mindset
• Are detail-oriented, systematic, and quality-conscious
• Can work independently and take responsibility within your areas of work
• Are curious and open to different tasks and challenges
• See opportunities with a can-do attitude where others see obstacles
• Can effectively interact and build relationships with a variety of global stakeholders

What you can expect from us:

• A great start-up environment with a high level of autonomy and responsibility from the beginning
• Close collaboration with colleagues across the entire organization
• A steep learning curve and thorough onboarding program to ensure you're ready to take on your new role
• The opportunity to develop both professionally and personally
• A unique company culture where we live up to our values: Honesty, Transparency, and Rethink and where you don't have to abide by a dress code or a strict hierarchy so that you won't be frustrated with too many rules, policies, or bureaucratic processes

Benefits:

• Flexible working hours and hybrid work schedule
• Health insurance
• 401k with employer matching
• Parental leave included paid and unpaid options
• Generous PTO policy and paid holidays
• Monthly Door Dash allowance, snacks and drinks at the office
• Internet and optional cellphone reimbursement
• Access to office gym