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Commodity Risk Specialist
N.V. Eneco
About the role
Shape commodity risk decisions at the heart of the energy transition Advise senior stakeholders and influence strategic business decisions Work independently on high-impact deals, assets and trading activities
What you'll do
As Commodity Risk Management Specialist, you provide advice on the mitigation of price and volume risks. You advise on (and approve) Eneco commodity contracts. This includes power purchase agreements, tolling agreements, wind/solar assets and customer deals. You will do this by developing commodity hedge proposals together with the Trade department and do risk assessments for business cases of new activities and products. You will participate in the execution of periodic stress tests and sensitivity analyses for Eneco in the area of commodity risks. Your analytical and programming skills will enable you to keep the Financial Risk Management risk models up to date. In addition, you keep an eye on the mandates and limits and if necessary you escalate this to the Commodity Risk Team and CFO. You will participate in designing and setting up the commodity risk management policy and mandates for the various business units of Eneco.
As Commodity risk specialist you will be responsible for: Reviewing/approving new contracts and business proposals, such as purchasing contracts or new customer propositions. You do this by participating in deal teams and such; You are the first point of contact for the Business Units for risk advice; You ensure that the activities are carried out within the mandate agreements. You keep the mandates up to date, so that the organization can develop further; You maintain and further develop the risk models within FRM; You review and/or validate the most important reports of Eneco Energy Trade.
What you'll bring
You work together as one team to deliver the plan. You create an atmosphere in where you can exchange insights and opinions with colleagues and take accountability for contributing to the common plan. In addition, the following is important: You have a relevant completed Master degree, preferably in a quantitative study; Knowledge of and experience with Financial Risk Management methods and techniques is a plus; Five years experience in a quantitative commodity risk function; Knowledge of and experience in the (Dutch) energy market is a plus; You possess good analytical skills, you can quickly get to the root cause of the problem and are able to think along with solutions; You work accurate and have a proactive and solution-oriented attitude. You can also cope well with change; In addition, you have good communication skills, are persuasive and are a team player; Knowledge of Matlab and/or Python is a plus.
About the company
You will be based at our modern, bright headquarters in Rotterdam, conveniently located within walking distance of Rotterdam Alexander station. At Eneco, we embrace a hybrid way of working, combining time in the office with working from home. You will become part of the Group Financial Risk Management team within Corporate Finance, Risk & Compliance. The team consists of experienced Credit and Commodity Risk Analysts, with whom you will collaborate on both strategic and operational matters. Your role is positioned independently within the organization, enabling you to provide advice and reporting to senior stakeholders, including Leadership Teams (LTs) and the Management Board (MB). Do you thrive in an environment driven by ambition, collaboration, and a shared commitment to achieving our climate goals? If so, you will fit right in at Eneco.