Market Risk Manager - Eastern Europe

Are you ready to join one of the fastest-growing energy groups in Europe? At MET Group, headquartered in Baar, Switzerland, we are transforming the energy landscape across 17 European countries and beyond, with an office in Singapore. Our dynamic team is at the forefront of supplying natural gas and electricity, focusing on wholesale, sales, and trading of energy commodities. We are also dedicated to build and operate renewable assets like solar, onshore wind parks and battery energy storage systems, as well as flexible conventional assets such as CCGTs and CHPs.Our mission is to transform traditional European energy markets through innovation towards a sustainable future. Our success and growth lie mainly on our people: we are proud to have talented and highly motivated colleagues on board. We are committed to continuously improving our work environment, and we are glad that our dedication to excellence in people practices has been recognized with the Top Employer Switzerland certification in 2024 and 2025.About the European Sales DivisionThe 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 DescriptionAct as Deputy to the European Sales Market Risk Manager for the Eastern European Sales DivisionEngage 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 operationsCollaborate with senior leadership to integrate risk considerations into daily decision-making and long-term strategySupport the implementation of the Group’s risk framework and policies across local subsidiaries, ensuring alignment with Group standardsMonitor positions, oversee sales activities, track PnL, and analyze risk data to identify exposures and mitigate risksReport deviations, incidents, or relevant risk issues at both Divisional and local levels to the Market Risk ManagerContribute to the development of tailored frameworks that address the specific risk drivers of local businessesSupport Group Market Risk in enhancing risk models, analytics, and reporting tools to optimize monitoringConduct advanced risk assessments, including VaR back-testing, sensitivity analyses, and scenario simulationsParticipate in model validation processes and ensure compliance with regulatory and internal governance requirementsDesign innovative, actionable solutions to address complex market risk challenges in collaboration with commercial and risk stakeholdersHelp shape Divisional risk policies and procedures in close partnership with senior leaders and the Market Risk ManagerQualificationsUniversity degree in Engineering, Economics, Finance, or another quantitative disciplineMinimum 5 years of experience in market risk management, with a strong preference for candidates who have worked in energy downstream activities such as pricing, forecasting, portfolio management, operations and dispatchingSolid knowledge of regional power and/or gas markets, ideally with exposure to Eastern European marketsPrevious experience at a gas or power utility, supplier, or similar energy company is highly valuedExcellent communication skills, with the ability to translate complex risk data into actionable insights for both technical and non-technical stakeholdersProficiency in English is required; fluency in at least one regional language (Romanian, Turkish, Bulgarian) is mandatoryLocation of the position is Bucharest or Sofia