RWE Supply & Trading GmbH,  London, United Kingdom (GB) 

To start as soon as possible, full time, Secondment

RWE Supply & Trading is a leading European energy trading house. With a strong international focus, we operate at the forefront of many wholesale markets for energy and energy-related raw materials in both physical and derivative forms. This includes power, gas, coal, freight, oil, weather derivatives, biomass, emissions certificates and renewable energies.

We go beyond the standards…

The Risk Methodology team provides oversight on Risk model development and model usage within RWE Supply & Trading (RWEST). The Risk specialists within ensure that models for risk and Profit and Loss reporting are fit for purpose and appropriately used. The activities in this role cover a wide variety of risk and pricing model related work globally, with an emphasis on trading in LNG, Oil and Coal related commodities.

Your responsibilities

• Provide independent validation and verification of models used in RWEST to mitigate model risk
• Governance of risk model environment, e.g.  provide analytical support to VaR Backtesting
• Review and validate algorithmic trading tools in use at RWEST
• Provide methodological input in new business initiatives
• Develop, implement, and maintain risk management methodologies
• Support Risk teams on valuation, risk management, implementation and modelling issues
• Provide expert advice to a broad audience

Your profile

• Application of quantitative and qualitative analytical approaches to complex questions
• Ability to communicate complex issues in an understandable manner to other business units
• Ability to work under pressure and to tight deadlines in a trading environment, including challenging and defending methodologies used in the organisation
• Understanding of commodity trading, trading lifecycle, physical asset trading instruments and/or financial asset trading instruments
• Consistent delivery through personal drive and high personal standards
• Building relationships and working collaboratively, preferably in a cross-cultural environment
• Influencing, negotiating and managing relationships with key stakeholders
• MSc/PhD or equivalent, in a quantitative subject such as Quantitative Finance, Theoretical Physics, Economics, Econometrics, Mathematics, or in a closely related field

Advantageous, but not a must

• Knowledge of Financial Mathematics, quantitative modelling, numerical methodologies (e.g. Monte-Carlo), pricing models used in commodity trading, stress testing, Value-at-Risk concepts
• Knowledge of programming software environments, e.g. Python

What we value most is passion, willingness to learn and a determined and resilient work ethic. So, if you can’t display all of the skills above we would still like to hear from you.
 

Our offer

• Interesting and challenging position in a very dedicated, passionate and highly skilled team. The team is diverse and international, located in Essen, Swindon and London
• Competitive salary and annual bonus pay
• Company pension and private healthcare
• Additional flexible benefits including subsidised gym membership and more

rwe.com/career

Apply now with just a few clicks: ad code 85763.

Any questions? Vince Manning (Recruiting), E.: vincent.manning@rwe.com

We look forward to meeting you!

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.

Of course, you can find us on LinkedIn, Twitter and Xing, too.