Renewables Risk Specialist

Job summary:

From day one, CFP Energy has been focused on transforming the energy landscape. We’ve built a dynamic, end-to-end service that empowers large-scale organisations to seize environmental, power, and transitional fuel solutions. Our mission? to help customers navigate the complexity of the energy and environmental landscape with confidence and clarity.

The Renewables Risk Specialist role is focused on Guarantees of Origin, Renewables Certificates and Voluntary Carbon products. In this role, you will participate in the development, implementation and running of robust risk models and stress testing scenarios, and provide insights on risk appetite and margin optimisation strategies. You will collaborate with cross-functional teams to align risk management practices with broader business objectives.

Essential functions of the job

Key responsibilities:

• Implement and enhance the Group’s Risk Management Framework.
• Identify, investigate, quantify and monitor risks and exposures across a wide range of products in the sustainability, environmental and energy markets.
• Run, maintain and improve the Risk Reporting Framework.
• Build bespoke models, simulations, analyses and reports.
• Assign and monitor risk limits.
• Contribute to the Group portfolio management and perform pre-trade analyses.
• Manage the relationship with service providers.
• Perform ad hoc analysis and reporting, developing tools as needed, to support commercial decision making.
• Support development of a culture of risk management throughout the Group via knowledge sharing and communication.
• Provide expertise and guidance to colleagues at all levels on risk-related matters.
• Compliance with relevant Group and company policies and procedures.
• Proactive participation in change initiatives across the Group to achieve business results.
• Identify opportunities for people, process or technology change.
• Contribute to the review and remediation of incidents or breaches.
• Engage collaboratively across the Group, to ensure a co-ordinated enterprise-wide approach to risk management.

Skills required:

• Understanding of derivatives and operations, ideally within commodities.
• Understanding of energy markets, trading strategies and financial instruments an advantage.
• Proficiency in risk modelling and data management.
• Understanding of databases, data structure and APIs.
• Understanding of ISDA, CSAs and margin calls.
• Quantitative analytical and problem-solving skills with an ability to make data-driven decisions.
• Excellent interpersonal skills – a confident, credible, persuasive, and collaborative team-player.
• Excellent written and verbal communication skills, with the ability to present and articulate ideas to a diverse audience.
• Motivated, tenacious and pro-active in achieving results.
• Demonstrate initiative by proposing solutions, acting independently, and confidently challenge the status quo.
• Entrepreneurial mindset with motivation to add value to the Group.
• Demonstrates high ethical standards and integrity.
• Adaptable to business change and skilled at working in a fast-paced, challenging environment.
• Strong organisational skills and the ability to multitask.
• Diligent with excellent attention to detail.

Experience required:

• Previous experience in a similar or supportive role in intraday power trading and PPAs.
• Experience in building pricing models.
• Experience in building scalable processes.
• Python: experience building models and reports, using APIs, interacting with databases and building dashboards.
• Educated to degree level or equivalent qualification.
• Strong technical background with experience with commodities trading and risk management software and systems.
• Experience of collaborating with multiple stakeholders in a complex business environment.

Benefits:

• 25 days annual leave in addition to Bank holidays.
• Hybrid working pattern.
• Discretionary commission/bonus scheme.
• Company pension scheme.
• Life and medical insurance, and eyecare scheme.
• Employee Assistance Program.
• Cycle to work scheme.
• Family-friendly policies.
• Recruit and Reward scheme.
• Access to perk-box benefits package.

The CF Group is committed to ensuring equal opportunities, fairness of treatment, dignity and respect, and the elimination of all forms of discrimination in the workplace for all employees/contractors and job applicants.