Overview

We are Centrica! We’re so much more than an energy company. We’re a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer – we’re powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you’re developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes.

Your work here isn’t just a job – it’s a mission. We all play a vital role in energising a greener, fairer future.

About your role:

We are looking for a Market Risk Analyst to join our Group Financial Risk team! As a Market Risk Analyst within Centrica’s Group Financial Risk team, you’ll play a pivotal role in identifying, analysing, and communicating Group-level Market and Credit Risk exposures arising from our activities in commodity markets. Collaborating across all areas of the business, you’ll use Group-level risk models to assess portfolio-level risks and deliver insights that inform C-suite decision-making.

You’ll apply your market expertise to support modelling, review new transaction types, and provide ad hoc risk support to Business Units without dedicated Financial Risk functions.

Responsibilities of the role:

Reporting to the Head of Group Financial Risk, you’ll ensure financial risks across the Group are effectively measured, monitored, and managed. Your responsibilities include:

  • Designing, maintaining, and operating Group-level risk models and methodologies.

  • Building strong relationships with Business Unit Risk teams to ensure alignment and collaboration.

  • Reviewing and enhancing market risk models and applications across the Group.

  • Preparing consolidated financial risk reports for senior leadership, combining Group and Business Unit insights.

  • Monitoring compliance with Group-level risk limits across market, liquidity, and credit domains.

  • Supporting senior management’s understanding of financial risk exposures.

  • Identifying process improvement opportunities aligned with Centrica’s finance transformation agenda.

  • Regularly reviewing and updating Group risk policies to reflect business growth.

  • Facilitating parental company guarantees for Centrica businesses.

  • Providing financial risk expertise to non-trading business units.

  • Contributing to the digitisation of risk processes.

  • Applying commodity market knowledge to develop stress testing scenarios.

Here’s what we’re looking for:

  • Experience in commodity price risk management, preferably within the energy sector.

  • Strong grasp of risk management techniques (e.g. VaR, stress testing, option theory).

  • Proficiency in Microsoft tools (e.g. Power BI, Power Query).

  • A degree in an analytical or quantitative discipline.

  • Knowledge of financial risk governance, reporting, and controls.

  • Excellent problem-solving and communication skills.

  • Ability to navigate and analyse complex business structures.

  • Highly organised, hands-on, and detail-oriented.

  • Capable of producing high-quality work with minimal supervision.

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