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Trading Risk and Operations Manager
Nottingham or Leicester – Fully Office Based RolePosted Yesterday
Full Time
Job Description
Trading Risk and Operations Manager
Department: YUR - 2140 - Trading
Employment Type: Full Time
Location: Nottingham, Leicester
Description
Trading Risk and Operations Manager
Reports to: Trading and Contract Management Director
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 Yü
Here’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 Yü
If 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 teams
Yü 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 policies
- Yü made a difference Awards
- 3 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.