Join us in this role where you will design and implement robust risk management frameworks and limits, deliver high-quality analytics, ensure accurate and transparent risk representation, and follow through on the execution of agreed deliveries. This role is based in Warsaw, and you will work from our Warsaw office.

Welcome to the Group Revenue Risk
You’ll be part of the newly established Oversight & Advisory team within Group Revenue Risk. Together with your colleagues, you will safeguard Ørsted’s financial exposure to fluctuations in energy prices and production volumes across our operating assets (wind farms, solar PV, and power plants) through rigorous deep dives into risk drivers. We are building a best-in-class 2nd line of defense function, setting the standard for a strong risk culture, making sure all material risks are identified, measured and monitored – and you will be a key driver of this journey.

We partner closely with Finance, Portfolio hedging, Trading, and 1st line risk teams owning and managing the risks. To effectively support and challenge 1st line risk owners, we need to understand the underlying risks and how the 1st line manages these. This entails learning trading and hedging strategies, understanding price and volume dynamics, non-linear payoffs structures and embedded optionality in our assets and contracts, and assessing the impact against Ørsted’s risk appetite and limits. We quantify risk rigorously and translate complex analyses into clear, action-oriented recommendations for decision-making.

You’ll play an important role in:

• designing and maintaining the 2nd line risk framework with risk appetite statement and risk limit hierarchy across material revenue risks
• reviewing methodologies for risk measures like Revenue at Risk, Value at Risk, and firm-wide scenario stress testing, including independently deep-diving into model assumptions and sensitivities.
• Partnering with risk owners to strengthen models and assumptions and hedging strategies
• building and validating asset/portfolio risk models and delivering concise, decision-ready reporting.
• working from our Warsaw office and collaborating closely with Finance, Trading, and risk teams while managing priorities independently to meet team commitments.

To succeed in the role, you:

• hold an advanced quantitative degree (Master’s or PhD) in economics, mathematics, statistics, physics, or quantitative finance
• bring experience from energy or financial markets; strong derivatives knowledge and understanding how trading can transfer risk between market, collateral and credit risk.
• have deep expertise in VaR, ES/CVaR, stress/scenario testing, and portfolio risk decomposition, with demonstrated ability to deep-dive into complex payoff structures and understanding tail risks
• are familiar with model governance and validation best practices.
• communicate clearly to diverse stakeholders; translate analytics into actions; constructively influence and guide 1st line decisions
• thrive in a collaborative, international environment with a strong performance culture, while operating as a self-starter who takes ownership and ensures timely delivery.

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.