Quantitative Risk Analyst

Core responsibilities:

• Work with international supply entities to understand market conditions and support risk management across power, gas, and certificates
• Develop and implement quantitative models, methodologies, and reporting to build on Octopus risk and analytics pipeline
• Design analysis and visualizations that collate country-specific risk positions into a single clear Group view
• Develop quantitative modeling and analysis to support use of weather derivatives and energy options to manage risks

This role helps ensure Octopus Energy always has the electricity and gas needed to power customers' homes and businesses while supporting the grid to accelerate the transition to Net Zero.

Required skills and experience:

• Strong numerical ability and experience managing power risk
• Experience implementing risk metrics and analytical models including Value at Risk (VaR), Monte Carlo simulations, and stress test scenarios
• Professional experience using Python and SQL
• Experience quantifying risk or managing portfolio optimization of intermittent renewable energy, flexible generation, or batteries

Compensation and culture highlights:

• Salary information available upon request with flexibility based on experience
• Named UK's top company to work for and top ten in Sunday Times Best Places to Work 2024
• Unique culture where people learn, decide, and build quicker with autonomy
• Comprehensive employee benefits program
• Equal opportunity employer with inclusive work environment

Octopus Energy is a global energy leader revolutionizing the way people use energy, building a cleaner, smarter energy future through technology.