Senior Quantitative Risk Modeller

  • Company:
  • Location:
  • Salary:
    negotiable / Month
  • Job type:
  • Posted:
    4 weeks ago
  • Category:
    Customer Service

Job reference:
Solihull or Swindon
Job type:
Expiry date:
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Are you passionate about Risk Modelling and Analytics in the context of Trading and Origination, Risk Management, Deal & Product Structuring and Forecasting?Are you keen to use your mathematical skills to creatively challenge the status quo, finding opportunities to improve accuracy, speed, efficiency?Are you excited by how new technology and the growth of renewables are transforming the energy sector, creating new risks and opportunities?If so we have an excellent opportunity for you to join us as a Senior Quantitative Modeller employed on a permanent basis in either of our offices in Solihull or Swindon.Role DescriptionIn this varied, busy, dynamic and challenging role you will find yourself responsible for both the provision of structuring and valuation input. With this, you will have direct input into the management of complex supply and export contracts as well as the development of risk models for npower.You will work as a member of the Structuring, Valuation and Modelling team who are the company experts in the commercial application of quantitative risk management solutions across the whole of npower.You will have exposure to modelling and bespoke valuation for the pricing, hedging and forecasting of key complex market and system balancing risks. All of which face our business on both a portfolio and customer specific basis.You and the team also have a responsibility for providing risk modelling to our traders, originators and hedging strategists, credit risk modelling strategy and systems, the modelling of collateral, and providing risk modelling solutions for Non-Commodity costs.You will be part of a team whose skills are valued highly and recognized as crucial to the future profitability of npower. The risks and opportunities the team take care of are of the order of 100 million pounds.Skills and ExperienceWe are looking for an amazing individual and ideally you will hold the followingA numerate first degree or equivalent (for example in Finance/Maths/Engineering) with preferably a higher degree (or equivalent) in a relevant discipline such as Financial Maths or Quantitative FinanceProven ability to demonstrate strong economic, market and financial analytical skillsStrong IT programming language skills: MS Office suite (especially Excel), VB(A), C++, Matlab, Python, statistical packagesHave excellent theoretical knowledge of derivative instruments and practical experience in their applications and behaviourIn depth understanding of valuation and risk analysis methodsBe able to demonstrate the ability to transform theoretical knowledge to practical, real-world situationsBe results-oriented, able to meet tight deadlines and produce clear and concise feedback/reports to senior managementAble to cope in a high pressure environmentAn excellent understanding of stochastic calculus, econometrics, options pricing and hedging, volatility and correlation; valuation of complex transactions and statistical analysis, regression and stress testingWhat we offer our peopleAs well as a competitive salary and impressive benefits package which includes a 15% bonus opportunity, pension and 25 days holiday, youll also get the opportunity to craft the future of our business. Along the way, well give you all the support you desire to develop your skill set and achieve your long-term objectives.To see the excellent range of benefits we offer to employees, please visit: Opportunities We are committed to building a diverse and inclusive organisation and to valuing the contribution that our employees make. We welcome and respect differences in culture, background, working style, education and other less obvious differences.Our Companynpower is one of Britains leading energy companies, and is part of the innogy SE group. We serve around 5 million residential and business accounts with electricity and gas, with key sites in the South-West, Midlands, North and The North-East of England. Every year, we issue over 22 million bills and answer around 2 million phone calls.npower is one of the most successful providers of energy supply and solutions to British businesses, and are the first energy company to be awarded the Carbon Trust Triple Award for sustainable management of energy, waste and water