FINANCIAL RISK MANAGER (F/M/D)
We are currently looking for a new colleague to join our team as Financial Risk Manager at the Ignitis Group. In this role, you will participate in developing and implementing a unified Group Financial Risk Management framework, focusing on consistent risk identification, assessment, measurement, monitoring, and oversight. The role offers a unique opportunity to combine your quantitative skills and energy market expertise to address real‑world challenges faced by a multinational energy group with diverse risk exposures (power, natural gas, heat, EUA, guarantees of origin, property rights arising from certificates of origin) across multiple markets (Baltics, Poland, Finland). Close collaboration with business colleagues and the Risk team will be essential. If that speaks to you, we’d be happy to welcome you to our team!
Take YOUR part in #EnergySmart!
You will contribute to green and secure energy ecosystem creation by:
- Shaping and implementing the most effective Financial Risk Management framework together with the Risk team that fits the Company’s business purpose, ensuring consistent identification, assessment, measurement, monitoring and oversight of financial risk exposures across the Group. Market risk management is the primary focus in this role
- Embedding value-adding financial risk management practices into business activities and overseeing their performance by proposing and implementing risk measurement tools (VaR/EaR/CFaR) and stress tests for relevant market, liquidity and credit risk exposures
- Performing model validation and backtesting of risk measurement models
- Proposing rules, assumptions and procedures for risk related processes (exposure reporting, risk measurement, limit setting and verification, risk reporting)
- Partnering with different businesses units across the Group by providing risk-based insights (assumptions validation, risk quantification, effectiveness of the hedging activity etc.)
- Preparing periodical management and oversight risk reports
- Contributing to common Group Risk Management framework development and/or Risk function purpose-driven initiatives and “must-do” tasks
Required for this position:
- University degree in Finance, Economics, Mathematics or related field with a strong numerical foundation
- 2-3 years of experience in financial risk management (preferably commodity price risk) / trading in energy, natural gas or related products (EUA, Guarantees of Origin)
- Solid understanding of the energy market fundamentals:
- market structure (energy groups, Power Exchanges, Balancing markets, DSO/TSO roles) with particular focus on Polish and Baltics energy markets
- energy group operations (production, wholesale, retail)
- available products (BASE/PEAK, spot vs forward markets, PPA)
- understanding of renewable energy characteristics would be a plus
- Strong analytical / quantitative skills (understanding of risk models, VaR/EaR/CFaR metrics, Monte Carlo methods), business acumen, and ability to identify key risk drivers and their impacts
- Good understanding of credit and liquidity management concepts
- Advanced knowledge of Python, VBA, or R, with proven ability to work with large datasets and integrate them for risk management purposes, as well as a solid understanding of relevant libraries/packages used for calculations and data visualization. Experience with GitHub would be a plus
- Good communication and presentation skills
- Excellent English language skills
In return for creating a more sustainable future, we promise:
- A package of additional benefits to choose from: pension accumulation, health insurance, or another benefit from the selectable benefits list in the MELP application
- Additional paid days for health improvement, short-term illness, volunteering, and accumulated work experience
- A hybrid work model (3+2) and flexible working hours
- Internal career opportunities
- Extensive learning and qualification enhancement programs
- Mentorship-based culture designed to facilitate meaningful and value-driven work
- Take part in an unfolding energy transformation process to create a 100% green and secure energy ecosystem for both current and future generations
Join a growing and increasingly international team of energy smart people united by a common purpose. We all play our part in creating a 100% green and secure energy ecosystem for current and future generations.
And the way to achieve this is certainly not to wait for the perfect moment. We believe that the power to act comes from the charge we bring to our work every day. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. These are our mindsets. Together, they yield the energy that drives everything we do. The energy generated by our choices. If you are guided by the same mindsets – we look forward to welcoming you to our team!
As we pursue our strategic goals to increase gender balance in Ignitis Group, we are indicating “f/m/d” next to job titles, meaning we welcome candidates of all genders – female, male or diverse.
Ignitis Group ensures equal opportunities. We welcome all applicants and do not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.
Dar nenori kandidatuoti?
Nerandi sau tinkančios pozicijos? Ar dar šiuo metu nežinai, ar tikrai nori keisti darbą? Įkelk savo CV į mūsų duomenų bazę ir mes pažadame dalintis su tavimi darbo skelbimais bei svarbiomis su karjera susijusiomis naujienomis.
Pasidalinti skelbimu
Pasidalink šiuo darbo pasiūlymu socialiniuose tinkluose ir prisidėk prie talentų, kuriančių tvarią ateitį, paieškos. Kartu įgalinkime energetikos pokytį!
Kodėl pas mus?
Nes čia savo laiką ir žinias leisi prasmingai. Mes kuriame 100 % žalią ir saugią energetikos ekosistemą dabarties ir ateities kartoms, prisijunk ir padarykime neįmanoma drauge.
Mainais už tvarios ateities kūrimą siūlome konkurencingą atlyginimą, lanksčius naudų paketus pritaikytus skirtingiems poreikiams, neribotas karjeros ir tobulėjimo galimybes, fiziškai ir emociškai saugią, įtraukią darbo aplinką. Take YOUR part in #EnergySmart!
