Market Risk Analyst

Senior Market Risk Analyst – European Gas Trading

? Paris | Hybrid Working

The Opportunity

A major European energy trading platform is looking to hire a Senior Market Risk Analyst to support its expanding gas and low-carbon portfolio.

The business operates across physical gas, structured contracts, supply portfolios, storage & transport optimisation, and increasingly in new transition markets such as hydrogen and biomethane. The risk team plays a central role in balancing commercial performance with disciplined risk governance.

This is a visible role with regular interaction with senior leadership and trading teams.

What You’ll Be Doing

You will take ownership of market risk oversight across a broad European gas perimeter, covering both traditional and evolving activities.

Your responsibilities will include:

• Daily monitoring of market exposures, limits and risk concentrations
• Production of risk reporting for senior management
• Independent analysis of trading positions and structured portfolios
• Preparation of performance and risk presentations for Risk Committees
• Assessment of valuation adjustments and risk reserves
• Contributing to governance around new products and structured transactions
• Supporting enhancements to risk methodologies and models
• Working closely with Front Office, Finance, Analytics and IT teams

The role combines hands-on analytics with strategic exposure to decision-making forums.

You’ll gain exposure to:

• Gas supply portfolios (B2B & B2C)
• Storage and transport optimisation
• Long-term contractual positions
• Weather-related exposure
• Value-driven and quantitative trading strategies
• Development of frameworks for emerging energy markets

This is a dynamic and evolving perimeter, offering both technical depth and strategic breadth.

Who We’re Looking For

Experience

• 3–5 years in Market Risk (commodities, energy or banking)
• Strong understanding of physical gas and/or power markets preferred

Technical Skills

• Strong command of VaR, stress testing and liquidity risk concepts
• Solid quantitative background
• Python proficiency required
• Familiarity with ETRM systems is advantageous
• Experience with reporting tools (e.g. Power BI) and data handling

Personal Attributes

• Confident engaging with traders and senior stakeholders
• Able to challenge constructively and provide independent judgement
• Analytical, structured and pragmatic
• Comfortable working in a fast-moving trading environment
• Fluent English required