Quantitative Market Risk Analyst
ScottishPower HQ, Glasgow
From £40,000 + single person health care + 10% performance bonus
Hybrid Working, Permanent
Help us create a better future, quicker
ScottishPower are recruiting a Quantitative Market Risk Analyst to undertake financial methods to quantify the risk and reward of business activities. You'll report on risks to all parts of the business and provide independent validation of methodologies and models used.
What you'll be doing
You'll assist in the development and maintenance of reporting and modelling tools to support the wider Market Risk team. Be responsible for the maintenance of procedural documentation for existing risk processes and will assist in the creation of new process documentation.
Constant reassessment and identification of best practice within models, methodologies and processes across businesses to enable optimal valuation and risk assessment is a key element of this role. Maintain an appreciation of the wider strategic picture related to the UK business objectives in order to tailor services to suit those requirements.
The post holder will be required to prepare complex information for an audience of varying levels in an understandable format, in order to provide a risk management perspective to tactical and strategic business processes and decision-making.
What you'll bring
We're looking for candidates who are educated to Degree level in Mathematics, Statistics, Economics, Finance, or equivalent experience in Quantitative Analysis. Excellent numeracy, analytical and computer skills including MS Excel and Database knowledge. MS Power BI and VBA preferable.
A strong understanding of risk management concepts and methods, and experience of quantitative analysis. Those with practical application in the Utilities sector desirable.
You'll be detail-oriented with the ability to work in a fast-paced high-volume environment independently. A proactive individual, with good project management skills who can manage simultaneous projects and engage with stakeholders of varying levels to convey technical information to non-technical stakeholders.
What's in it for you
As well as a competitive salary which is reviewed annually, you can also enjoy a number of other benefits. With our pension scheme, we'll double match your contribution up to a company contribution of 10%.
At ScottishPower, we believe it's the little things we do in life that make a big difference. From helping you look after your family's wellbeing, save for your future and take personal steps for climate action - our benefits are designed to help you do just that - so that you have everything you need to take care of your world - today and tomorrow. That's why our benefits include:
* 36 days annual leave
* Holiday Purchase - perfect your work/life balance with extra annual leave
* Share Schemes
* Payroll Giving and Charity Matched Funding
* Technology Vouchers - save more and spread the cost of your technology purchases
* Electric Vehicle Schemes - to help you transition to green/clean driving
* Cycle to Work scheme and Public Transport Season Ticket Loans
* Healthcare benefit options including: Dental Insurance, Private Medical Insurance, Health Cash Plan and annual Health Assessments
* Life Assurance (4x salary)
* Access to Savesmart financial wellbeing support
* Plus shopping, leisure, restaurant and gym discounts, and unique employee deals on travel insurance and more
Why ScottishPower
ScottishPower is part of the Iberdrola Group, one of the world's largest integrated utility companies and a world leader in wind energy. With a commitment to generate all of our energy from renewable resources and a drive to create the energy infrastructure of the future, we're at the forefront of the journey to Net Zero and investing over £6m every working day to make this happen. With diverse opportunities across our businesses and a commitment to invest in our own internal talent, ScottishPower can offer people real career opportunities that meet personal and professional goals, in a global organisation.
Inclusion, diversity, and a social purpose are at the heart of everything we do. Together with our values, they bring us together into a stronger, more sustainable business with direct links to the communities we serve. It takes all kinds of people to build a large-scale business like ours, so whatever your background, you'll fit right in.
ScottishPower is committed to providing reasonable support or adjustments in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions, or who are neurodivergent or require pregnancy-related support. If you need support, please reach out to careers@scottishpower.com.
IMPORTANT
Advert will close at 23:59 GMT 7th November 2024
Mobility
Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country. If/when required, the Company will support the employee with the necessary Immigration requirements.
IMPORTANT
Advert will close at 23:59 GMT the day before Job Posting End Date below
November-7-2024 #J-18808-Ljbffr