We are currently looking for a new colleague to join our team as a Financial Risk Analyst at the Ignitis Group. In this role, you will participate in developing and implementing a unified Group Financial Risk Management framework, focusing on consistent risk identification, assessment, measurement, monitoring, and oversight.The role offers a unique opportunity to combine your quantitative skills and energy market expertise to address real‑world challenges faced by a multinational energy group with diverse risk exposures (power, natural gas, heat, EUA, guarantees of origin, property rights arising from certificates of origin) across multiple markets (Baltics, Poland, Finland).Close collaboration with business colleagues and the Risk team will be essential. If that speaks to you, we’d be happy to welcome you to our team! Take YOUR part in #EnergySmart!  You will contribute to green and secure energy ecosystem creation by:<ul><li>Participating in the implementation and maintenance of a group-wide Financial Risk Management framework (affecting also individual business unit levels)</li><li>Exposure and price data analysis:<ul><li>Validating, aggregating, and transforming exposure data for risk models</li><li>Deriving insights from exposure/price data (key drivers, patterns, risk capture approaches)</li><li>Developing and maintaining data templates</li><li>Energy price analysis (volatility, correlations, key drivers etc.)</li></ul></li><li>Building / implementing market risk measurement models, based on agreed upon metrics and assumptions:<ul><li>Designing and implementing energy price simulation models (stochastic or based on internal forward curve models)</li><li>Building and maintaining risk tools (VaR, EaR, CFaR) for energy, gas, and related products (EUA, GoO, certificates)</li><li>Implementing risk metrics and stress tests for liquidity or credit risk exposures</li></ul></li><li>Development of the risk management documentation:<ul><li>Participation in drafting risk management documentation (model methodologies, policy or procedures)</li><li>Drafting risk measurement reports and exposure templates</li><li>Creating presentations for governance bodies and business units</li></ul></li><li>Performing BAU risk calculations, limit utilization checks, risk report preparation</li><li>Partnering with different business units across the Group by providing risk-based insights (assumptions validation, risk quantification, hedging effectiveness)</li><li>Supporting preparation of periodic management and oversight risk reports</li><li>Contributing to common Group Risk Management framework development and/or Risk function purpose-driven initiatives and “must-do” tasks</li></ul>

Ignitis Group is a renewables-focused integrated utility.
The group&rsquo;s core activities include power and heat production and supply, power and natural gas trading and distribution, and power system maintenance and development. The development of green energy is a priority for Ignitis Group with an aim to become the region&rsquo;s main competence center for new energy and a leader in distributed energy solutions in the Baltic Sea region and beyond. Group companies operate in Lithuania, Latvia, Estonia, Poland and Finland. Group innovation fund invests in energy startups in the UK, Norway and France.

FINANCIAL RISK ANALYST (F/M/D)

We are currently looking for a new colleague to join our team as a Financial Risk Analyst at the Ignitis Group. In this role, you will participate in developing and implementing a unified Group Financial Risk Management framework, focusing on consistent risk identification, assessment, measurement, monitoring, and oversight.The role offers a unique opportunity to combine your quantitative skills and energy market expertise to address real‑world challenges faced by a multinational energy group with diverse risk exposures (power, natural gas, heat, EUA, guarantees of origin, property rights arising from certificates of origin) across multiple markets (Baltics, Poland, Finland).Close collaboration with business colleagues and the Risk team will be essential. If that speaks to you, we’d be happy to welcome you to our team! Take YOUR part in #EnergySmart!  You will contribute to green and secure energy ecosystem creation by:<ul><li>Participating in the implementation and maintenance of a group-wide Financial Risk Management framework (affecting also individual business unit levels)</li><li>Exposure and price data analysis:<ul><li>Validating, aggregating, and transforming exposure data for risk models</li><li>Deriving insights from exposure/price data (key drivers, patterns, risk capture approaches)</li><li>Developing and maintaining data templates</li><li>Energy price analysis (volatility, correlations, key drivers etc.)</li></ul></li><li>Building / implementing market risk measurement models, based on agreed upon metrics and assumptions:<ul><li>Designing and implementing energy price simulation models (stochastic or based on internal forward curve models)</li><li>Building and maintaining risk tools (VaR, EaR, CFaR) for energy, gas, and related products (EUA, GoO, certificates)</li><li>Implementing risk metrics and stress tests for liquidity or credit risk exposures</li></ul></li><li>Development of the risk management documentation:<ul><li>Participation in drafting risk management documentation (model methodologies, policy or procedures)</li><li>Drafting risk measurement reports and exposure templates</li><li>Creating presentations for governance bodies and business units</li></ul></li><li>Performing BAU risk calculations, limit utilization checks, risk report preparation</li><li>Partnering with different business units across the Group by providing risk-based insights (assumptions validation, risk quantification, hedging effectiveness)</li><li>Supporting preparation of periodic management and oversight risk reports</li><li>Contributing to common Group Risk Management framework development and/or Risk function purpose-driven initiatives and “must-do” tasks</li></ul>

FINANCIAL RISK ANALYST (F/M/D)

About the Job

About the Company

Ignitis group

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