Risk Analyst – Customers & Solutions Nordic

Company Description


Vattenfall is one of Europe’s largest producers and retailers of electricity and heat. Our main markets are Sweden, Germany, the Netherlands, Denmark, and the UK. The Vattenfall Group has approximately 20,000 employees. We have been electrifying industries, powering homes and transforming life through innovation for more than 100 years. We now want to make fossil free living possible within one generation and we are driving the transition to a sustainable energy system.




Job Description


How do we best source energy for fossil-free electricity sales?
Providing our customers with fossil-free electricity at competitive prices means we need to understand their needs and the market and be able to handle the attached risks. The Commodities Intelligence department is currently looking for an experienced risk analyst to join us on our journey.


The Commodities department
Vattenfall’s Business Unit Sales Nordic provides business and household customers on all Nordic electricity markets with tailor-made products to meet their demand for electricity, guarantees of origin and other environmental products. The Commodities department is responsible for the overarching sourcing strategy and to ensure a proper risk management for the Business Unit. The team actively supports our Nordic B2B and B2C units with relevant insights to develop sustainable business and actively manage our portfolio risk . Our mission is to enable business, helping them with the right products and prices, supporting with risk assessments and reporting, and developing the necessary BI landscape to create the highest level of insight into our portfolio.
About the position
As risk analyst in Commodities you will work at the interface between the different sales units, Group Risk Management, Trading and IT.
Your responsibilities include (but are not limited to)…
Contribute to Consumer Sales’ and Business Sales’ gross margin optimisation and increased profitability
Support with development of the pricing framework
Regular and ad hoc quantitative risk analysis of our portfolio and provide measures for risk mitigation
Develop and optimize hedging strategies for our portfolio and enable execution for our financial sourcing
Reporting according to applicable laws and regulation (e.g. REMIT)
Monitor and react to regulatory changes to ensure compliance of our business activities
Develop our Business Infrastructure platform as part of an agile team





Qualifications


University degree in engineering, mathematics, finance or comparable qualification
At least 5 years of professional experience in energy markets or in another relevant field, e.g. in finance, trading, quantitative analysis, risk management
Mathematical and statistical knowledge
Solid knowledge of the Nordic electricity wholesale and financial markets, preferably also with insights into the Finnish market
Understanding of financial derivatives, risk management and reporting requirements
You know how to get started in different IT systems, such as Power BI, SQL, Databricks, Dynamics; ideally you are familiar with the concept of agile working
Ability to communicate and explain complex matters
You communicate fluent in English as well as in Finnish or Swedish, both verbally and in writing

As a person you are a curious and analytical mind. You are self-motivated and like to take initiative, with a good portion of pragmatism. As you work towards many different stakeholders, communicating and building relationships is something that comes naturally for you. You understand the importance of receiver-oriented communication.




Additional Information


We offer a challenging and interesting job that gives you a holistic overview of how our Sales units works. Your work will have impact on the success of our sales units. Vattenfall as an employer offers packages with attractive benefits.
Location
You will work at our office in Helsinki, Finland or Solna, Sweden. Occasional business trips may be necessary
For more information about the position you are welcome to contact hiring manager Uwe Vramming, uwe.vramming@vattenfall.com
For more information about the recruitment process you are welcome to contact our recruiter Anna Uppström, anna.uppstroem@vattenfall.com


Trade Union representatives in Sweden via Vattenfall´s switchboard +46 8 739 50 00.
Per Svensson, Akademikerna, Cecilia Bodin, Ledarna, Mikael Mukka, SEKO, Jens Morell, Unionen


We welcome your application in English no later than 20 November. We kindly request that you do not send applications by any means other than via our website.

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be a good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation. Click here for further information.


Since Vattenfall is a part of the Swedish critical infrastructure, many of our services are security classed. If this position is security classed the final candidates might be subjected to a security vetting process, according to the Swedish legislation.


We look forward to receiving your application!