Senior Operational Risk Manager

Job title:

Senior Operational Risk Manager

Company

Vattenfall

Job description

Company DescriptionVattenfall is a European energy company with approximately 21 000 employees. For more than 100 years we have electrified industries, supplied energy to people’s homes and modernized our way of living through innovation and cooperation. We are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.Business Area (BA) Markets’ role in Vattenfall is to maximize the value of the overall portfolio by optimizing and dispatching, hedging and sourcing for Vattenfall’s sales and generation volumes. We serve as Vattenfall’s single access to energy commodity markets and trade electricity, emissions, fuels, freight, and renewable certificates. We employ around 500 professionals who are active across Europe with offices in Sweden, Germany, The Netherlands and the United Kingdom.In BA Markets the mission of the Unit OU Operations is to drive the digital transformation. OU Operations consists of diverse and highly skilled employees from more than 20 countries. We work internationally from our locations in Stockholm, Hamburg and Amsterdam.We have a culture of care and growth. You will collaborate with inspiring people around you, on complex and interesting topics. Together, we drive the energy transition.Job DescriptionAt Vattenfall, we don’t just “do energy”, we exist to help our customers power their lives in ever climate smarter ways. If you are looking for interesting challenges and the opportunity to be part of this change, then join our diverse and talented team and make a difference.Our Business Area (BA) Markets is looking for the right person to fill the position asSenior Operational Risk Managerfor our offices in Hamburg or Stockholm.You will help the Operational Risk and Algo Oversight (ORAO) team to strengthen and evolve the culture of risk management within BA Markets. This will involve the design, development, and monitoring of our internal risk and control frameworks in line with industry best practice, internal policies and of course legal and regulatory requirements.In a nutshell, you will help to:

• Ensure that BA Markets has effective and robust risk and control frameworks in place to manage operational risks, incidents, and algorithmic trading-specific risks, enabling risk owners to effectively manage their risks and make informed risk/reward decisions.

You will join a small team of operational risk specialists and will be involved in all activities within the team. The team is diverse and split across locations but operate as one team. We are close working, collaborative and like to be creative and would like you to fit into this way of working.The role will involve advising various senior stakeholders on operational risks the company faces.Main tasks & responsibilities:In a Trading and Asset optimization business it is key to know and manage your risks and as an Operational Risk Manager you are working close to the Business operations of the Business Area assessing and analysing operational risks and investigating incidents to drive improvements of our routines and controls.Your main responsibilities will include:

• Lead the analysis of operational risk incidents and drive corrective actions
• Lead and perform risk assessment and analysis activities and propose appropriate mitigations
• Design, develop and communicate risk related reports for different levels of the organization to help improve transparency and drive decision making
• Continuous development of the Operational Risk framework in BA Markets
• Support the team with the development of the Algorithmic trading control frameworks.

QualificationsQualifications

• Our successful candidate has a relevant financial/technical/engineering degree or equivalent (e.g. IT related, Mathematics, Economics, Risk Management or other relevant subjects)
• Over 5 years’ experience in Energy, financial companies or similar
• Good understanding of risk management frameworks and best practices. Including Experience of Risk management and assessment, operational risk incident management and analysis (e.g. this may include designing tools and processes, implementing and embedding risk frameworks, and delivering high-quality risk insights, reporting, and transparency.)
• Excellent communication and presentation skills in English. (If you also speak Swedish and/or German it is an asset but not a requirement)
• Understanding of the Energy business in general and Energy Trading in particular is an advantage
• 2nd line of defense knowledge is an advantage.

Our perfect candidate in a perfect world is a well-grounded team player who is good at building trust, that can help our business in understanding the root causes of incidents, can identify and assess prioritised risks that may impact our business and identify practical mitigations and improvements. You are confident to challenge the status quo and drive changes within and outside the teams. You are perseverant and take initiatives to define and deal with recurring problems.Your personal characteristics:

• Strong analytical and structured mindset with excellent problem-solving skills
• Proven leadership and influencing capabilities
• Self-motivated, independent worker with a proactive, autonomous approach
• Ability to balance strategic, big-picture thinking with attention to detail
• Quick learner with adaptability to new business and technological trends
• Capable of challenging the status quo with innovative thinking
• Strong ability to influence, drive change, and resolve conflicts effectively
• Team-oriented with exceptional communication and interpersonal skills.

Additional InformationBenefitsYour development is a priority at Vattenfall BA Markets. Your professional journey will benefit from working in the exciting industry of energy trading, and in interdisciplinary teams. To support your career, we offer opportunities to grow through training, job rotations, talent programs and a working environment that stimulates learning.Our Work Culture at Vattenfall is excellent. We have an open corporate culture with flat hierarchies. Modern and flexible working conditions, including mobile work, promote wellbeing.Your Health is important to us. We provide several health programs and support throughout potentially challenging life situations.Your Colleagues will be another highlight. We employ inspiring people with diverse backgrounds. Together with our culture and your tasks, they form an interesting and fun place to work.More information
We welcome your application in English, no later than November, 18th, 2024. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website.For more information about the recruitment process you are welcome to contact our Recruiter Jil Ungethüm via phone at +49 40 79022 1378.At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party, called Validata. In addition, a certificate of good conduct (i.e. criminal record certificate) is required for certain positions.Since Vattenfall is a part of the Swedish critical infrastructure, many of our services are security classed. If this position is security classed the final candidates might be subjected to a security vetting process, according to the Swedish legislation.In Sweden, the union representatives are Gunnar Gremlin (Akademikerna) and Jens Morell (Unionen). To get in contact with the representatives, please call Vattenfall´s switchboard +46 8 739 50 00.We look forward to receiving your application!

Expected salary

Location

Stockholm

Job date

Tue, 22 Oct 2024 22:07:06 GMT

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