Met Group

Integrated energy trader, gas storage

Market Risk Manager

Risk ManagementConfirmed live in the last 24 hours

Full-timeMilan, Metropolitan City of Milan, ItalyNo salary listedHybrid

About the Job

Requirements

A university degree in Engineering, Economics, Finance, or another quantitative discipline.
Five to seven years of market risk management experience in energy downstream activities such as pricing, forecasting, portfolio management, operations, and dispatching.
Solid knowledge of regional power and/or gas markets, ideally including Eastern European markets.
Experience at a gas or power utility or supplier is required.
Proficiency in English is required.

Responsibilities

Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales Division.
Engage daily with regional subsidiaries, including operations and portfolio managers, sales teams, CFOs, and the Division Head, to assess risks linked to sales activities and other operations.
Collaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategy.
Support implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standards.
Monitor positions, oversee sales activities, track profit and loss, and analyze risk data to identify exposures and mitigate risks.
Report deviations, incidents, or relevant risk issues at Divisional and local levels to the Market Risk Manager.
Contribute to the development of tailored frameworks addressing the specific risk drivers of local businesses.
Support Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoring.
Conduct advanced risk assessments, including value-at-risk back-testing, sensitivity analyses, and scenario simulations.
Participate in model validation processes and ensure compliance with regulatory and internal governance requirements.
Design actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholders.
Help shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk Manager.

Desired Qualifications

Fluency in at least one regional language: Hungarian, Romanian, Turkish, or Bulgarian.

Job Description

Act as Deputy to the European Sales Market Risk Manager for the Eastern European Sales Division
Engage daily with regional subsidiaries, including operations and portfolio managers, sales teams, CFOs, and the Division Head, to assess the risks linked to sales activities and other operations
Collaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategy
Support the implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standards
Monitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures and mitigate risks
Report deviations, incidents, or relevant risk issues at both Divisional and local levels to the Market Risk Manager
Contribute to the development of tailored frameworks that address the specific risk drivers of local businesses
Support Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoring
Conduct advanced risk assessments, including VaR back-testing, sensitivity analyses, and scenario simulations
Participate in model validation processes and ensure compliance with regulatory and internal governance requirements
Design innovative, actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholders
Help shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk Manager

Qualifications

University degree in Engineering, Economics, Finance, or another quantitative discipline
5-7 years of experience in market risk management gained in energy downstream activities such as pricing, forecasting, portfolio management, operations and dispatching
Solid knowledge of regional power and/or gas markets, ideally with exposure to Eastern European markets
Experience at a gas or power utility / supplier is a must
Excellent communication skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical stakeholders
Proficiency in English is required; fluency in at least one regional language (Hungarian, Romanian, Turkish, Bulgarian) is an advantage

Additional Information

About the Company

Met Group

Integrated energy trader, gas storage

MET Group is an integrated energy company focused on natural gas trading and wholesale across Europe, with activity in 30 national markets and 22 trading hubs. It meets regional demand by trading gas and wholesale energy, and it adds value through storage and infrastructure assets, such as its German gas storage capacity of 2 TWh. The firm differentiates itself with its large European footprint, substantial storage capacity, and a growing portfolio that includes solar and wind projects alongside traditional gas operations. Its goal is to support the clean energy transition by building a diversified asset base that combines gas trading, storage, and renewable energy assets.

Company size: 1,001-5,000
Company stage: Debt Financing
Total funding: $2.6B
Headquarters: Zug, Switzerland
Founded: 2007

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