Quantitative Risk Manager

Sitting within our Risk Function and reporting to the Chief Risk Officer (CRO), the Quant Risk department is responsible for

• Modelling Market, Credit and Liquidity Risk
• Implementing EDFT Model Risk Framework
Quant Risk designs, develops and enhances EDF Trading's Risk Metrics calculations ( VaR, PFE, CaR, Liquidity At Risk…), delivers quantitative analysis to the Risk Group and provides independent assessments of EDF Trading's structured transactions and pricing models. The departement is organised into 2 teams: Risk Metrics and Model Validation., You will be a senior member of the Quant Risk team, responsible for managing the Risk Metrics team developing models to assess Market, Credit and Liquidity Risk:
• Responsible for designing, developing and maintaining EDF Trading's quantitative risk metrics calculations (VaR, PFE, CaR. Liquidity at Risk …)
• Manage a team of 2 analysts to deliver new risk models and enhancements to EDF Trading existing Risk Metrics calculations
• Work collaboratively with our numerous and diverse stakeholders: Market Risk, Credit Risk, Treasury, Risk IT, Quant Analysts, Product Control …
• Propose practical models/solutions adapted to the energy markets that EDFT are active in
• Prepare EDF Trading's Risk Metrics platform for the future
• Provide quantitative support to global risk teams and commercial teams to assess the portfolio risk exposures and support their daily publications of VaR, PFE…
• Be a technical expert of EDFT Risk models
• Support the Head of Quant Risk in various aspects of Risk Modelling and Risk Assessment
• Stay abreast of latest development in quantitative modelling and proactively seek to apply best practice
  
  5+ years' experience in quantitative risk management at an investment bank or energy trading company
• Proven track records of model development
• Able to manage all aspects of risk model development
• Experience in managing junior resources, multiple stakeholders and lead taskforce projects
• Expertise in options pricing theory and financial mathematics
• Strong experience in model development, programming and maintenance of model libraries
Technical requirements
• Experience in developing and maintaining production risk models (VaR, PFE…)
• Strong understanding of energy commodities and energy derivatives instruments
• Strong programming skills in Matlab, Python or equivalent
• Proficient with Microsoft Office products, Excellent analytical skills coupled with the ability to explain complicated theoretical concepts to non-quantitative colleagues into clear concise analysis
• Ability to manage multiple work streams in a trading environment of diverse and often conflicting pressures
• Strong commercial and risk management awareness
• Strong attention to detail and focus on accuracy of information
• Strong interpersonal and communication skills
• Ability to complete work under tight deadlines and to manage time effectively
• Experience of working in a fast paced environment is essential
• Proactive
  
  Come work at a place where innovation and teamwork come together to support the most exciting missions in the world!
When you join EDF Trading you'll become part of a diverse international team of experts who challenge conventional ideas, test new approaches and think outside the box. Energy markets evolve rapidly so our team needs to remain agile, flexible and ready to spot opportunities across all the markets we trade in: power, gas, LNG, LPG, oil and environmental products. EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it's experience that makes us leaders in the field. Energy is what we do. Most of all, we value our people. Become part of the team and you will be offered a great range of benefits which include hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessment, corporate gym memberships, electric car lease programme, childcare vouchers, cycle to work scheme, season ticket loans, volunteering opportunities and much more. We even provide free fruit to keep you healthy. Gender balance and inclusion are very high on the agenda at EDF Trading so you will become part of an ever-diversifying family of around 800 colleagues based in London, Paris, Singapore, Tokyo and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business. Who are we? We are EDF Trading, part of the EDF Group, a world leader in low-carbon sustainable electricity generation partnered with JERA, one of Japan's largest utilities; the perfect organisation at which to begin or progress your career in the commodities sector. Join us, make a difference and help shape the future of energy.