We are looking for an experienced (Senior) Quantitative Risk Analyst for the Prague branch of Alpiq, a Swiss energy company, located in the downtown area of Prague 1, with a multicultural team of over 160 employees.
As part of Market and Quantitative Risk Management you will advance our model risk management framework. You will independently validate quantitative models, in particular valuation and forward curve models, approve and challenge parameter updates and maintain our model inventory. Further, you will support risk management by advancing our risk metrics and methodologies.
Main Responsibilities:
Validate (+challenge, benchmark, back test) models employed in Trading
Periodic reviews of models and parameter updates
Propose model reserves
Develop and enhance quantitative models within risk management
Perform risk assessments, scenario analysis and simulations of proposed transactions
Drive effective cross-functional collaboration to support business growth while maintaining a strong risk framework
Communicate complex quantitative findings clearly to non-technical counterparts
Main Qualifications:
Strong academic background in a quantitative discipline
Expertise in derivatives pricing and financial modelling
Experience in building or validating valuation models
Solid understanding of power markets and traded products is very beneficial
Proficiency in Python for quantitative modelling and data analysis
Knowledge of SQL beneficial
Strong analytical thinking, problem-solving ability, and attention to detail
Ability to communicate complex concepts effectively to both technical and non-technical audiences
Alpiq is a leading Swiss electricity producer and energy service provider and is active throughout Europe. We offer our customers comprehensive and efficient services in the fields of energy generation, marketing and energy optimisation.
At Alpiq, business is always conducted based on our purpose “together for a better climate and an improved security of supply” and this purpose, together with our values and ethical standards, is engrained in our culture as a company. We pursue a sustainable, financially stable and risk-adjusted business model.
Alpiq has a strong asset base of hydro and thermal plants, nuclear and renewable assets. This low-carbon and flexible asset portfolio is operated and optimised in the best possible way. Our core business also comprises energy trading through electricity, gas and other energy products in many European countries. A sustainable and cost-effective energy procurement strategy is an important aspect of any business. Our Sales & Origination team supports industrial and business customers with sustainable energy management and a wide range of energy solutions and services.
We have about 1’200 employees and have our headquarter in Lausanne.
More about Alpiq: www.alpiq.com
