Lead Risk Manager

Imagine a future where you actively contribute to managing the market risk of our European renewable portfolio. 

Join us in this role where you’ll identify and analyse the financial market risk embedded in the renewable portfolio and origination activities. Together with your passionate colleagues, you’ll be a trusted 1st line risk manager who analyses production and revenue data, complex non-linear payment structures from subsidies and power purchase agreements to understand the risk nature of our portfolio of renewable assets and origination contracts. You will be a driving force in setting limits and hedging requirements, to ensure that financial performance and predictability is aligned with Ørsted’s risk appetite. You will also ensure that risk is correctly represented in our risk systems and in dashboards and reports. 

Welcome to Market Risk 

You’ll be part of Portfolio & Structured Risk, within Market Risk, a team of eight colleagues responsible for 1st line market risk related to Ørsted’s European portfolio. We work with a large set of stakeholders across the organisation interacting with many different nationalities and backgrounds, focusing on being commercially oriented and staying curious, maintaining a professional atmosphere yet keeping an informal tone with room for fun and laughter. It is also a team who will help you grow your talent through collaboration and knowledge sharing and our ambition to understand our stakeholder’s business to a degree where our risk capabilities are value-adding.  

You’ll play an important role in: 

• understanding the dynamics of our European asset portfolio, identifying and quantifying the energy market risk, and ensuring clear limit compliance reporting 

• advising senior management on energy market risk by delivering insightful risk analysis 

• maintaining and improving market risk dashboards and ensure timely reporting to stakeholders 

• ensuring a high-quality data foundation, and monitoring, visualising, and communicating portfolio risk levels 

To succeed in the role, you: 

• hold a master’s in economics, Mathematics, Finance, Data Analytics or similar field of study 

• experience within financial risk management, hedging instruments, or risk models 

• are proficient in Excel and at least one of the following languages: SQL, Python, or VBA 

• a talent for making complex data clear, whether in Power BI or another dashboarding tool 

• a structured, detail-oriented approach to data validation and documentation 

• find it motivating to create results through teamwork and develop good relationships with your colleagues and stakeholders 

• enjoy being challenged with new tasks and projects which are centred around solving business problems and ensuring the right incentives 

• comfort with change, as Ørsted is going through a significant transformation and this team is part of it 

Maybe you’ve read the above and can see you have some transferable skills, even though they don’t quite match all the points. If you think you can bring something to the team, we still encourage you to apply. 

Shape the future with us
Send your application to us as soon as possible. We’ll be conducting interviews on a continuous basis and reserve the right to take down the advert when we’ve found the right candidate.

As an applicant or employee, you may request reasonable work and position accommodation or adjustments via accommodation@orsted.com.

Please note that for your application to be taken into consideration, you must submit your application via our online career pages and answer the screening questions relevant for your country. We don't take applications or inquiries from external recruiters or agencies into account for this position.

Position salary range: 

For this role, the base pay will be determined according to the relevant pay structure for the location where the position is filled. Actual pay will be based on skills, experience, and the expected role fulfilment to ensure a fair and competitive offer. Where applicable, you may also be eligible for variable payment and a comprehensive benefits package. Pay details specific to your location will be provided during the interview process.

Pre-employment background checks: