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GLOBAL RISK SPECIALIST

Country/Region:  ES
City:  Madrid
Business Unit:  EDP RENOVÁVEIS S.A.

EDP Renewables is a global leader in the renewable energy sector nad the world's third-largest wind energy producer. With a sound development pipeline, first class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 17 markets (Belgium, Brazil, Canada, Colombia, Chile, France, Greece, Hungary, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, US and Vietnam). 

EDPR is committed to furthering social advances in terms of sustainability and integration. This is reflected by the inclusion of the company in the Bloomberg Gender Equality index and the fact that it has been certified as a Top Employer 2021 in Europe (Spain, Italy, France, Poland, Portugal and Romania), both of which recognise its employee-driven policies.

 

MISSION

 

Part of Global Risk department of #4 renewable producer in the world, developing analyses required for company’s strategic decisions, aligning risk appetite of the company with strategy in new investments and operating assets. Great opportunity to work and learn from a group of qualified professionals (ex-management consultants).

 

MAIN ACCOUNTABILITIES

 

1. Making part of the Global Risk Group at EDP Renewables, preparation of Risk Committees held every month and presentation in front of the Top Management of the company, covering the following items

  • Mitigation of electricity price risk (electricity price, Green certificate prices, etc.)
  • Monitor merchant exposure of brown power and basis (US), together with hedge ratio of both exposures through financial swaps and FTRs at EDPR Global level.
  • Liquidity risk assessment.
  • Definition, implementation and backward testing of risk policies.
  • On-demand strategic analysis.

2. Risk support to EDPR Origination Department:

  • Structuring of PPAs: Physical/Financial, shape, optionality, tenor, delivery through transmission, etc 4. Risk support to EDPR Market Operations Department:
  • Risk models for hedging commodities and congestion
  • Risk models for scheduling

5. Propose imporvements to market risk procedures.

6. Create content of Risk Committee held with Management Team

7. Automation of Market Risk monitoring in EDPR (SQL, PowerBI, etc) 

 

REQUIREMENTS 

 

ACADEMIC LEVEL

University Degree on Engineering, Maths, Physics, Business Administration or Economics. Excellent Academic Record. 2. REQUIRED PROFESSIONAL EXPERIENCE 0-2 years 3.

 

SPECIFIC KNOWLEDGE 

  • Statistics (MBA a plus) • Microsoft Office (Excel, PPT)
  • Business Intelligence tools • SQL, R, Python

 

LANGUAGES

  • English - Fluent •
  • Spanish and Portuguese (a plus)

 

SKILLS / COMPETENCES

  • Good analytical and quantitative skills
  • Ability to work under pressure and meet tight deadlines
  • Good team worker within and outside department

Mission

Main Role Responsibilities

Academic Degree and Training Area

Professional Experience Level

Professional Experience Description

Languages Requirements

Skills and Abilities

Hay Level

Among EDPR's principles we would like to highlight diversity and inclusion as a strength in our values and practices. Reinforcing these principles has a real impact on the satisfaction of commitment, increases talent and the quality of leadership of our professionals. To achieve all our objectives, it intends to attract, develop and retain different profiles, assuming diversity as a key factor and differentiator of fundamental innovation in our organisation. We welcome and value all people, and we are committed to the inclusion and sense of belonging of each person who is part of EDPR.

 

What makes us proud as an employer:

TOP Employer Europe 2021 certification.
Bloomberg Gender Equality Index 2021.
Top Workplaces US 2021.
Certification in Conciliation (Excellence) by the Más Familia Foundation;


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