About the role
Job Description
* Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales Division * Engage daily with regional subsidiaries, including operations and portfolio managers, sales teams, CFOs, and the Division Head, to assess the risks linked to sales activities and other operations * Collaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategy * Support the implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standards * Monitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures and mitigate risks * Report deviations, incidents, or relevant risk issues at both Divisional and local levels to the Market Risk Manager * Contribute to the development of tailored frameworks that address the specific risk drivers of local businesses * Support Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoring * Conduct advanced risk assessments, including VaR back-testing, sensitivity analyses, and scenario simulations * Participate in model validation processes and ensure compliance with regulatory and internal governance requirements * Design innovative, actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholders * Help shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk Manager
Qualifications
* University degree in Engineering, Economics, Finance, or another quantitative discipline * 5-7 years of experience in market risk management gained in energy downstream activities such as pricing, forecasting, portfolio management, operations and dispatching * Solid knowledge of regional power and/or gas markets, ideally with exposure to Eastern European markets * Experience at a gas or power utility / supplier is a must * Excellent communication skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical stakeholders * Proficiency in English is required; fluency in at least one regional language (Hungarian, Romanian, Turkish, Bulgarian) is an advantage