Are you passionate about shaping market and liquidity risk management strategies? Ready to influence risk appetite and hedging strategies within a global company? Whether you’re an experienced analyst or an enthusiastic recent graduate eager to delve into commodity market risks – join us in reshaping risk management at Fortum.

WE OFFER YOU

• A challenging position with great development opportunities – the role can be tailored to match your competencies and experience
• An opportunity to be a part of an industry in rapid change with new technologies and conditions
• An opportunity to develop your skills in and knowledge about the energy industry area
• Be part of a highly competent cross-functional team and organisation, with high pace and clear ambitions – in a creative, friendly, and flexible working environment
• We are a company for doers – those who want to make a difference. Come and join us in powering a thriving world!
  For you, working at Fortum means exciting opportunities to develop your expertise and create a unique career path. We will support you on this journey. To reach our goal, we embrace a culture of openness. We can achieve even better results with mutual trust, believing in people, and caring for everyone’s well-being. We are looking for someone to join us in either Espoo, Finland or Stockholm, Sweden, but we work flexibly in a hybrid model that adapts to both your professional and personal needs. Some travelling, mainly to Fortum countries, will be required.

ABOUT THE ROLE

We are looking for a Market Risk Analyst to join the Market and Liquidity Risk team in our Corporate Risk function. In this role, you will be part of the development of the market and liquidity risk management framework. Reporting to Director, Market Risk, you’ll directly contribute to shaping Fortum’s risk appetite and hedging strategy. You will have a holistic view and understanding of the commodity market risks arising from Fortum’s businesses.
You will join a dedicated group of energy risk professionals across Finland, Sweden, and Poland. You will also collaborate closely with Trading Business and Treasury traders/managers to ensure that market and liquidity risks and cash flow effects are fully understood and managed appropriately.

Here’s what you’ll be doing

• Hedging mandate limit risk assessment and follow-up of correlation analysis
• Hedging mandate Value Creation limit sizing vs exposure
• Commodity pricing principles development and maintenance together with business and Risk teams
• Monthly market risk reporting and its development
• Continuous monitoring of liquidity and market risk indicators
• Monitoring the commodity market price development
• Monthly Value Creation portfolio’s risk analysis
• Technical development of prototype reports
• Development and maintenance of the price forward curve methodology
• Participate in risk analysis of various new initiatives emerging in the business units
• Participate in the development of objectives, methodologies and tools for e.g. hedging strategy evaluation and financial risk calculation

To succeed in this role you have

• A mathematical or statistical background with a Master’s degree in Economics, Mathematics, Engineering, or similar
• IT skills necessary in this role: PowerBI, Python, SQL, Excel
• Understanding of risk methods, and commodity derivative experience is considered an advantage
• Knowledge of economic theory and understanding of the financial or commodity markets would be an asset
• Good quantitative analysis skills and presentation skills
• Fluency in English, other Nordic languages are a plu