Energy Market Risk Specialist

6 hours ago


Oslo, Oslo County, Norway TN Norway Full time

In our Risk department at Statkraft, we work towards securing high-quality risk evaluation and risk communication to enable our trading and asset optimization business.

We are seeking a highly skilled individual to contribute to our team as a Quantitative Risk Developer.

Job Summary:

  • Create, refine, and calibrate risk models for physical energy assets, option trading, and non-standard long-term renewable energy contracts;
  • Apply advanced statistical techniques and quantitative methods to evaluate energy market price risk;
  • Support the calibration of stochastic price models and assist in deploying fundamental-based price models;
  • Research and implement novel risk modelling approaches, including classical statistical methods and emerging deep learning techniques;

Responsibilities:

  • Collaborate with the Risk department, Front Offices, and IT teams to ensure the robustness of our models;
  • Contribute to the governance and robustness of our risk modelling tools;
  • Provide end-to-end support and maintain accurate records;

What We Offer:

  • Unlimited learning opportunities across different value streams and levels of the organisation;
  • The chance to grow your career alongside a truly global network of experts, leaders, specialists, and graduates from different countries and backgrounds;
  • A focus on fun outside of work, supported by various activity groups;
  • Competitive terms of employment and benefits schemes;
  • A trusted employer that puts the safety of our people first;


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