(Senior) Risk Analyst (m/f/t) Risk Governance

RWE Supply & Trading GmbH

To start as soon as possible, Full time, Permanent

Your future plans
The Risk Governance team is a central team within Risk, working closely with the desk facing Risk teams and providing key reporting tools to the Chief Risk Officer and RWE Supply & Trading GmbH (RWEST) Board. As a member of the team, you will have the opportunity to learn and understand how Risk Governance supports senior management in their decision making by providing key reporting tools, ranging from monthly stress test reports, market risk limit framework to operational reporting of material risks. The team is also the owner and developer of the global risk reporting system, ROCK, working closely with the desk facing Risk teams and IT to ensure harmonised reporting across all business units.

The team has a strong cross collaboration with departments across RWEST, providing a very good opportunity to get to know the RWEST business, whilst being involved in several business decisions.

• Monitoring and managing of market risk exposures and stress tests on company level 
  • Generating and reporting the weekly and monthly market stress test report for RWEST which is one of the key tools used by the Board to manage the risk appetite of the company
  • Analyses company-wide extreme commodity and spread scenarios for up and down price shocks and challenges the company strategies
• Supporting global market risk limit management 
  • In addition to a comprehensive annual review, contributing to the continuous development of the RWEST market risk limit framework
  • Supporting the desk facing Risk teams with new / altered limit requests for Board approval by acting as the gate keeper
• Business analysis for ROCK
  • Clarifying specifications, facilitating reconciliations and user acceptance testing
  • Driving forward the development of ROCK by managing business change requests, setting priorities for implementation and ensuring a harmonized risk reporting across all business units
• Managing operational risks for RWEST
  • Monitoring and reporting of operational risks, key risk indicators and incidents
  • Driving project-like investigations with in depth analysis and risk assessment
  • Deriving risk mitigation actions / recommendations and status tracking
  • Desk-specific analysis of Front Office KRIs vs defined thresholds to ensure adequate deal capturing processes / systems and to prevent potential fraudulent activities
• Contributing to RWEST’s internal control system (ICS) monitoring by defining internal control processes and countermeasures to mitigate and finally prevent a re-occurrence of risks
  • Maintaining a comprehensive ICS for RWEST, identifying and mitigating control gaps that can affect the realisation of company objectives
  • Regular monitoring of the ICS effectiveness and closure of audit findings
  • Being the interface for internal and external audit

Key interfaces are the desk-facing Risk Controlling teams, FO, IT, New Business Office and Audit.

Your powerful skills

• Degree level, preferably in the field of Business Administration, Economics, Maths,Science, or closely related
• Experience in risk controlling, e.g. application and conceptual development of P&L and risk reporting, limit monitoring as well as stress testing is desirable 
• Understanding of commodity trading, trading lifecycle, physical and/or financial trading instruments, and related processes in front, middle and back office
• Some experience of deal modelling, option theory, finance and accountingprocesses
• Evidence of application of strong analytical and structured approaches to complex issues, and evidence of using appropriate questioning and attention to detail
• A mentality for challenging and improving existing processes
• Evidence of managing relationships with colleagues and stakeholders, in order to ensure good collaboration and negotiated deliverables
• Good verbal and written communication skills in English; ability to summarisecomplex topics

Advantageous, but not a must

• Experience of operational risk management and/or ICS monitoring would be beneficial
• Intermediate to strong knowledge IT systems and databases, especially OpenLink Endur and MicroStrategy

Benefits you can rely on

• A friendly team with strong focus on support and development of each other
• Day to day interactions with a variety of stakeholders across RWEST incl. FO and senior management
• Real responsibility and opportunities to make a difference from the start
• Opportunity to develop yourself to your full potential in an exciting, fast-paced environment

rwe.com/career

Apply now with just a few clicks: ad code 80318

Any questions? Pia König (Recruiting), +49 201 5179-3294, Demet Deniz (specialist department), +49 201 5179-2386 

We look forward to meeting you!

We value diversity and therefore welcome all applications, irrespective of gender, disability, nationality, ethnic and social background, religion and beliefs, age or sexual orientation and identity.

Of course, you can find us on LinkedIn, Twitter and Xing, too.

RWE Supply & Trading is the interface between RWE and the energy markets around the world. Approximately 1,700 employees from over 50 different countries trade (renewable) electricity, (green) gas, commodities, and CO2 emission allowances. Accurate market analyses and a high degree of customer centricity enable them to create innovative energy supply solutions as well as risk management concepts for industrial operations. The trading entity also ensures the commercial optimisation of RWE’s power plant dispatch and markets electricity from renewables.