Senior Market Risk Manager – Zug, Switzerland (Power & Gas)

Company Description

A leading and forward-thinking energy company is seeking a Senior Market Risk Manager to join their dynamic team. This is a fantastic opportunity to work in a fast-paced environment, analysing Power & Gas markets, supporting the optimisation of trading strategies, and contributing to a PnL-driven desk.

With rapid expansion and an evolving market presence, the company offers a unique opportunity for a seasoned professional to play a strategic and managerial role in advancing its mission. If you are driven by excellence, eager to make an impact, and ready to apply your expertise in risk management and leadership, this is your chance to grow alongside a forward-thinking company at the forefront of the energy industry.

Job Description

• Engage daily with the Head of Desks and Trading teams to assess position management and support the design of hedging strategies that maximize the risk/reward ratio
• Lead and manage the Market Risk team, providing mentorship, guidance, and performance oversight
• Develop and implement risk management frameworks that mitigate risks and support business growth
• Oversee trading activities, monitor positions, track PnL, and analyze risk data across multiple portfolios
• Solve complex market risk issues with innovative, actionable solutions
• Lead risk modeling and analytics to optimize market positioning and inform strategic decisions
• Shape and evolve the business’s risk policies and procedures in partnership with senior leaders
• Conduct advanced risk assessments, including VaR back-testing, sensitivity analysis, and scenario testing
• Lead model validation efforts and ensure regulatory compliance across all risk functions
• Collaborate with senior leadership to influence daily decisions and long-term strategy
• Represent the risk function in cross-departmental meetings and external stakeholder engagements

Qualifications

• 5+ years of market risk management experience, with a passion for energy markets
• Proven leadership experience in managing risk teams or cross-functional projects
• Strong knowledge of European power, gas and/or LNG markets
• Experience at an Energy Trading firm, a (European) Gas & Power utility or Commodities Hedge Fund
• Expertise in asset-backed trading, power plants, PPAs, and regasification terminals
• Knowledge of advanced options trading is a plus
• Excellent communication skills, able to translate complex risk data into clear insights; English mandatory