Quantitative Risk Specialist

at  Galp

At Galp, we believe that together we can make a difference in society by contributing to a more sustainable energy future. Changes starts with our people, where agility, continuous improvement, internal alignment and external focus are the values that define our organization where everyone, without exception, can reach their ultimate potential. We’re counting on your energy

• Conduct assessments potential market risks associated with new business ventures and strategic operations alignment with the organization’s risk strategy and appetite;
• Assess alignment with the organization’s risk strategy and appetite;
• Define metrics and indicators that establish risk limits and tolerances (linked with risk appetite), for subsequent cascading to BUs;
• Define risk analysis and calculation methodologies, model assumptions, and analytical processes, to develop quantitative models support risk analysis;
• Compute the overall risk exposure and position, limits availability and usage, at various aggregation levels;
• Utilize statistical methods and financial theories to forecast potential losses and assess risk exposure;
• Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions;
• Monitor global and BU-level risk exposure and limits consumption, maintaining adequate mitigation mechanisms and evaluating the effectiveness of controls in place;
• Consolidates risk reports that provide a comprehensive view of the organization’s risk profile, with actionable insights for decision-making;
• Provide quantitative support for various projects and initiatives and prepare relevant material for Risk forums discussions (e.g. Risk Management Committee, Market Risk Committee).