Market Risk Specialist with Expertise in Renewable Energy

5 days ago


Oslo, Oslo County, Norway Statkraft Full time

Company Overview

Statkraft, a leading company in the renewable energy sector, is seeking an experienced Market Risk Specialist to join its team. With operations in 15 countries and a strong commitment to diversity, inclusion, and gender equality, we offer a dynamic and challenging work environment.

About the Role

We are looking for a highly skilled Market Risk Specialist to analyze and report on the credit and market risk of our commercial activities in Peru and Chile. The successful candidate will have at least 3-4 years of experience in market risk management and quantitative analysis, as well as a solid understanding of power markets.

Responsibilities

  • Analyze and measure credit and market risk associated with our commercial activities in Peru and Chile.
  • Report on business results and monitor that operations are carried out within established risk limits.
  • Collaborate in the elaboration and automation of tasks associated with market risk analysis.
  • Implement automation processes, system releases, model modifications, and other projects to improve Risk Management activities.
  • Responsible for using analytics to understand and effectively communicate key drivers of market risk and stress testing to relevant stakeholders.
  • Calibrate and maintain risk and valuation models based on methodology used by MGCM (Risk Management Peru & Chile) and MRRI (Risk Management International).
  • Verify compliance with M mandates in assessments for market activities and portfolio management.
  • Perform independent valuations combining realized revenues with future value into total Contribution Margin value.
  • Facilitate risk assessment and feasibility analysis of new deal structures and business proposals in close cooperation with local Middle Office team and MRRI.

Requirements

  • University degree in Science, Statistics, Math, Economics, Engineering or similar field.
  • At least 3-4 years of experience in market risk management and quantitative analysis.
  • In-depth knowledge of power markets is an advantage.
  • Comprehensive experience in assessing and reporting long-term market risks of a portfolio of assets/contracts.
  • Solid knowledge of processes, financial reporting, and performance management.
  • Programming language skills (e.g., Python) is an advantage.
  • English and Spanish business fluent communication skills.

What We Offer

  • Estimated Salary: $120,000 - $180,000 per year.
  • Bonds.
  • Flexible schedule.
  • Professional development opportunities.


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