Company Description
About MET Group
MET Group is an integrated European energy company headquartered in Switzerland, with a focus on natural gas and power markets. Since its foundation in Hungary in 2007, MET has expanded rapidly across Europe, establishing subsidiaries and developing new business opportunities in response to the liberalization of energy markets. Today, MET operates in 17 countries, with a presence in 32 national gas markets and 44 international trading hubs. The Group’s activities cover the entire energy value chain, from multi-commodity wholesale trading and end-consumer sales to infrastructure and industrial asset management. MET Group is also committed to the energy transition, actively growing its renewable power generation portfolio as part of its long-term strategy.
About the European Sales Division
The European Sales Division is at the heart of MET Group’s client-facing operations, serving as a trusted energy partner for a wide range of customers across 14 European countries. From large industrial players to SMEs and households, we provide tailored solutions in natural gas, electricity, and green products. Leveraging one of Europe’s largest in-house trading floors, we offer our customers direct access to wholesale markets and advanced price management services. With a pan-European approach to sourcing and supply, our division ensures competitive pricing and security of delivery, strengthening long-term partnerships and building customer confidence.
Job Description
- Act as Deputy to the Western Sales Market Risk Manager for the Western 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.
- Minimum 5 years of experience in market risk management, with a strong preference for candidates who have worked in energy downstream activities such as operations, forecasting, or pricing.
- Solid knowledge of regional power and/or gas markets, ideally with exposure to Western European markets.
- Previous experience at a gas or power utility, supplier, or similar energy company is highly valued.
- 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 (Italian, Spanish, or French) is mandatory.
- Location of the position can be either in Milan, Madrid or Lyon depending on the successful candidate's current location