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Risk Reporting and Analytics Analyst, ESB Trading [Temporary 12 months]

 
Vacancy Number:  26637
Category:  Trading
Job Type:  Full-time
 

Position Description

ESB Trading delivers essential asset optimisation services, risk management and wholesale market access to ESB Group and to its third-party customers.  ESB Trading is organised into a number of teams comprising Front, Middle (Risk) and Back Offices along with Finance, Modelling and IT&Digital.

 

This role, in the Middle Office team, will provide an excellent opportunity to assess, understand and oversee the market risks inherent in trading the output of ESB generation assets in the wholesale energy market. A risk analyst will become an expert in ESB Trading’s activities across the Irish Power, GB Power, Gas and Carbon markets as well as the impact renewables has on these markets. This will involve working closely with front office traders & teams across ESB Trading to understand current and emerging market exposures & to put in place appropriate risk mitigation strategies.

 

Key Responsibilities

We are looking for a candidate with potential to analyse and report on the market risks within ESB’s energy portfolio. 

 

The successful candidate will:

  • Understand, assess and quantify the market risk of ESB Trading’s initiatives and strategies
  • Deliver an independent view of the trading risks across ESB Trading’s portfolio in both GB and I-SEM markets and communicate that view to senior stakeholders
  • Provide a challenge and oversight role over trading activities ensuring risks are effectively evaluated and managed
  • Play an integral part in developing and evaluating trading and hedging strategies, new products and contracts
  • Use data to understand and quantify market risk, sharing the outcome of their analysis to support or challenge trading strategies
  • Report on trading activities to test if they are compliant with approved trading limits and controls
  • Work closely with other teams across ESB Trading to measure, monitor and manage risk within ESB Trading

 

Experience and Qualifications

Essential

  • A third level qualification in Engineering, Finance or equivalent numerical qualification or equivalent work experience
  • Minimum of 5 years relevant experience
  • A strong numeric and analytical ability with attention to detail
  • Good decision making and problem-solving capability, as well as strong interpersonal and communication skills
  • Responds to change within a fast-changing business environment
  • Proven ability to work on own initiative and deliver results to strict deadlines

 

Desirable

  • An understanding of energy trading markets

 

Location

This position will be based in in Fitzwilliam 27, Fitzwilliam Street Lower, Dublin 2.

 

ESB is committed to smart working – combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual.

 

Reporting To

Risk Reporting and Analytics Manager, ESB Trading

 

Why Work with Us?

  • Opportunity to lead Ireland’s transition to net zero carbon future
  • Progressive, hybrid working model
  • Career development through mentoring and training 
  • Corporate Social Responsibility Opportunities
  • Sports and Social Clubs
  • Networking opportunities
  • Credit Union
  • Generous Pension
  • Access to staff well-being programmes
  • Generous parental leave entitlements
  • Strong values-based and inclusive culture
  • Strong commitment to diversity, equity and inclusion
  • Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted

 

Salary

€57,950 - €68,100

 

Closing Date

13th May 2025

 

Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, recruitment@esb.ie

 

If you have any queries in relation to this job, please contact recruitment@esb.ie

 

Your application will be held in reserve for 6 months should you be suitable for the role.

Diversity, Equity and Inclusion Statement

ESB is committed to being an equal opportunities employer. We welcome applications from all sections of society and ensure that no one is discriminated against on the grounds of race, religion or belief, ethnicity or nationality, disability, age, citizenship, marital status, domestic or civil partnership status, sexual orientation or gender identity, or any other basis as protected by law. 

Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, recruitment@esb.ie.  

About ESB

Join us in our mission to achieve a net-zero electricity system by 2040. ESB is Ireland’s leading energy utility, with activities spanning electricity generation, transmission and distribution, energy supply, energy services and international consultancy. Operating in Ireland, Northern Ireland and Great Britain, we invest over €1 billion each year to deliver a new energy future based on reliable, affordable zero-carbon electricity.
 

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