About this role
Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales DivisionEngage daily with regional subsidiaries, including operations and portfolio managers, sales teams, CFOs, and the Division Head, to assess the risks linked to sales activities and other operationsCollaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategySupport the implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standardsMonitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures and mitigate risksReport deviations, incidents, or relevant risk issues at both Divisional and local levels to the Market Risk ManagerContribute to the development of tailored frameworks that address the specific risk drivers of local businessesSupport Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoringConduct advanced risk assessments, including VaR back-testing, sensitivity analyses, and scenario simulationsParticipate in model validation processes and ensure compliance with regulatory and internal governance requirementsDesign innovative, actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholdersHelp shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk Manager University degree in Engineering, Economics, Finance, or another quantitative discipline5-7 years of experience in market risk management gained in energy downstream activities such as pricing, forecasting, portfolio management, operations and dispatchingSolid knowledge of regional power and/or gas markets, ideally with exposure to Eastern European marketsExperience at a gas or power utility / supplier is a mustExcellent communication skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical stakeholdersProficiency in English is required; fluency in at least one regional language (Hungarian, Romanian, Turkish, Bulgarian) is an advantage