Risk Analyst

You will lead the delivery of reporting, analysis and insights for the Trading and Risk teams. You will develop models to determine the most effective ways to protect CCS customers against energy market price risk. You will use your expertise to help customers understand the complexities of the energy markets.
Directorate Overview
Commercial is the largest directorate in CCS and is responsible for the design, development, implementation and management of our commercial agreements, which are used by our customers across the public sector. We have delivered value to the public sector and helped our customers spend more than £34 billion through the agreements we create and enjoy more than £3.5 billion in commercial benefits annually through our agreements.
Category management sits at the heart of CCS. We use our in-depth knowledge and expertise of public sector suppliers, to create market and category strategies. These strategies are used within CCS to create market leading commercial agreements that help shape how common goods and services are bought across the public sector. Our skills are also used in carrying out commercial policy, development of new products and services and supplier relationship management.
Team Summary
The Trading and Risk teams purchase gas and power from the wholesale energy markets. The Risk team sets the framework within which the Trading team operates, providing oversight, support and analysis to ensure customers are adequately protected from market risks. The Risk Analyst will report to the Risk Manager., + Develop a detailed understanding of UK gas and electricity markets, becoming a source of knowledge and expertise for all matters related to these markets and the risk management of energy trading
+ Deliver market reporting and analysis to support the trading team in their decision-making process
+ Ensure all risk management tools and systems are functioning correctly and contain a complete, up-to-date view of relevant data
+ Provide analysis of CCS and external data, drawing on strong numerical skills to draw conclusions and make recommendations
+ Lead on the development of models and perform analysis to support evidence-based decision making
+ Maintain CCS energy risk management policy, ensuring all approved controls are clear and up-to-date
+ Monitor compliance of trading activity to the risk management policy
+ Present to a range of audiences including customers
+ Lead on bespoke analysis to support the wider energy team as required
+ Work across the wider energy team on projects, new procurement's and activities as needed, Please note: Applicants can make use of artificial intelligence but the information presented at application must be factual.
A reserve list may be held for up to 6 months, which the Civil Service may use to fill future suitably similar vacancies across government for candidates who are considered appointable following interview. Should you be placed on a reserve list and want to be removed please contact recruitment@crowncommercial.gov.uk.
Feedback will only be provided if you attend an interview or assessment.

Security
Successful candidates must meet the security requirements before they can be appointed. The level of security needed is counter-terrorist check (opens in a new window).See our vetting charter (opens in a new window).
People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements
This job is broadly open to the following groups:
+ UK nationals
+ nationals of the Republic of Ireland
+ nationals of Commonwealth countries who have the right to work in the UK
+ nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS) (opens in a new window)
+ nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
+ individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
+ Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service
Further information on nationality requirements (opens in a new window)

+ High level of numeracy, comfortable working with numerical data to draw conclusions and make recommendations
+ Problem solver: enquiring mind, able to think logically, asks insightful questions, strong attention to detail and accuracy
+ Clear and engaging communicator: comfortable presenting to a wide range of audiences in a clear and easy to understand way. High standard of written and spoken English
+ Excellent time management: able to prioritise multiple tasks and deliver high quality work even in the face of tight deadlines
+ IT capability: strong Excel skills, high standard of general IT literacy. Willingness to develop skills such as Python, VBA and SQL, + Making Effective Decisions
+ Communicating and Influencing
+ Delivering at Pace
+ Changing and Improving
+ Managing a Quality Service

Technical skills
We'll assess you against these technical skills during the selection process:
+ Numerical analysis using MS Excel or similar software

CCS is a flexible business with a smarter working model where our colleagues benefit from a mix of home and office working. Successful candidates are expected to work from one of the office locations listed. Our current office attendance approach requires a minimum of 26 days per quarter (approx 2 days per week, which may be subject to change) in CCS office locations or off site meetings with suppliers, customers, partners, networking / industry events. This is pro rata for those who work part time. Our smarter working principles mean that our people have the advantage of both office and offsite based collaboration and learning, as well as working from home. This way of working allows us to honour our commitment to being a responsible business, offer flexibility and better work life balance as well as ensuring we deliver our business with confidence and in accordance with our CCS values.

Alongside your salary of £36,867, Crown Commercial Service contributes £10,680 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.
What we will offer you, here are some of the benefits you can expect:
+ Competitive salary
+ Generous pension scheme
+ A discretionary non-contractual performance related bonus
+ Working remotely in addition to working in advertised office location
+ Flexi time scheme (available for B1-B6)
+ Minimum 25 days annual leave to a maximum service related 30 days excluding bank holidays
Explore fully how we will reward your work.
Want to make a difference? Find out more about the rewarding work that we do in our candidate pack.
The Civil Service is committed to attract, retain and invest in talent wherever it is
found. To learn more please see the Civil Service People Plan and the Civil ServiceD&I Strategy.