The Market Risk Control team, part of the Finance department's Risk and Internal Control team, advises higher management on commodity portfolio risks. This team evaluates the risk-reward ratio of portfolio management strategies and suggests cost-effective ways to reduce risk for new strategies, products, and contracts. Luminus regularly assesses strategic activities from various angles to ensure they align with the company’s risk appetite. The Market Risk team plays a consultancy role for new business initiatives that impact the company's commodity exposure by collaborating with stakeholders to analyze risk-reward scenarios.

YOUR DAILY JOB:

• You function as a strategic ally in the business by assessing and crafting economical hedging approaches in cooperation with the enterprise, finding the right balance between portfolio management flexibility and risk mitigation to ensure gross energy margin;


• You identify potential risks and rewards related to the up- and downstream portfolio in specific market circumstances by challenging business assumptions and proposing adequate hedging measures;


• You evaluate investment projects (like wind projects) and extended contracts (such as CPPA, gas storage, etc.) considering the risks associated with energy markets, identifying potential risks, and suggesting ways to minimize them;


• Your involvement in the yearly Risk Mandate review includes evaluating existing hedging strategies, recognizing key takeaways, suggesting required adjustments, and engaging in active conversations with EDF Group Risk Control (DRG);


• You understand and challenge the interdepartmental operational processes that determine hedging positions aimed at minimizing operational risks;


• You serve as the main point of contact between Market Risk and other risk groups for joint analysis efforts and projects;


• You participate in EDF Group workshops to exchange best practices among different entities, contribute to defining new guidelines for portfolio optimization within the EDF Group and facilitates the identification and execution of synergies within the Group;


• You provide specialized expertise through internal and external consultancy to departments such as Controlling and Accounting, alongside external auditors, EDF DRG, and others;


• You control energy market risks (price risk, volume risk, regulatory risk, etc.) across the entire commodity portfolio and perform compliance control of hedging actions compared to Luminus’ Risk Mandate, EDF Group Risk policy and Market Abuse Regulation, while also preparing necessary reports for various committees and the EDF Group.

YOUR PROFILE:

• You hold a Master’s degree in Economics/Finance or equivalent by experience;


• You have relevant experience in risk management or in the energy sector;


• You possess fluent knowledge of English; knowledge of Dutch and/or French is an asset;


• You demonstrate strong analytical and quantitative skills combined with a hands-on and pragmatic attitude;


• You have strong social and communication skills;


• You possess programming skills and an interest in IT, which is a valuable asset;


• You are proactive and a self-starter.