Commercial Risk Manager


Posted on Jun 17, 2022 by Igloo3

Reading, Oxfordshire, United Kingdom
Immediate Start
£64.7k - £97.1k Annual
Commercial Risk Manager, Flexible UK & Ireland. Salary range 64,700 - 97,100 + car/allowance + performance-related bonus + nice benefits

This is an important opportunity with a leading distributed energy and private networks business who finance, own, operate and maintain energy infrastructure for commercial, industrial, public sector, and residential customers - providing them with a market leading project development service and certainty of operational performance and asset management.

The role

Reporting to the Commercial Director, you will be responsible for the management of commercial risk on company's asset portfolio throughout the UK and Ireland.

You will work with stakeholders to provide the commercial rigour, manage commercial risks and advise on how to maximise Enterprise's opportunities, to ultimately play a key role in the profitability of the business.

This will involve understanding and calculating the nuanced risk profiles of contracts, investments, reputational exposures and operational risk management.

Key responsibilities

* Establishment of Value At Risk (VAR) model and overall hedging strategy.
* Consideration of FX exposures.
* P&L forecasting for DE energy assets including option values, extrinsic, engineering failure risk.
* Tracking of extrinsic value realisation.
* Role in educating commercial managers on market risk, option values etc.
* Supporting digital strategy (particularly Enhance platform).
* Energy Market Regulatory Framework matters.
* Trading and settlement compliance.
* Asset optimisation.
* Finance business planning support.
* Red Reviews and governance support.

You will be supported by Commercial teams as well as the Solar and Battery and Distributed Energy business units. Some travel across the UK will be required too.

Essential requirements

* You'll be qualified in a relevant field e.g. Commercial, Finance, Risk, etc. but relevant experience is equally important.
* You'll have good working experience and knowledge of commercial and commodity risk management and asset deployment industries. Experience in the energy sector including solar, battery, EV etc. would be an advantage.
* Critical to the success of this role is a solution-based mindset aligned with strong commercial acumen and accurate advice based on risk assessment and the ability to manage in complex environments is key.
* Leadership and a track record of the risk management of assets is essential.
* The role requires excellent communication and stakeholder (internal and external) management skills. The role will be the commercial interface with key policy makers and be a strong support for both the Commercial Director and Business Units.


Salary range 64,700 - 97,100 + car/ allowance + bonus and nice benefits.


Please apply via Igloo3 - renewable energy & infrastructure recruitment specialists

Reference: 1632794035

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