Senior Market Risk Analyst (Japanese Power)

Senior Market Risk Analyst (Japanese Power)

The JERA Global Markets Group is a leading utility-backed energy trader. It operates one of the most exciting portfolios in the world and has a global talent pool of about 400 people across offices located in five strategic locations: Singapore, the UK (London), Japan (Tokyo), the US (Houston) and Australia (Brisbane).

Job Description
Position Description

We are looking for a data-driven and technically skilled Senior Market Risk Analyst to join our Risk Management team, which plays a critical role in supporting market risk management across the Japanese Power and Energy markets. This position focuses on building and maintaining analytical tools and data infrastructure that enable efficient and high-quality market risk assessments. Also, this position plays an important role in ensuring robust market risk measurement, monitoring, and reporting across our trading activities.

Additionally, beyond performing market risk measurement, this role acts as a senior contributor and leader within the Market Risk function, responsible for:

• Leading analytical tasks, risk processes, and enhancement initiatives
• Acting as a key advisor to Front Office, Operations, and senior stakeholders
• Supporting and, when required, deputizing for the Market Risk Manager in both day-to-day operations and governance forums

The role requires strong judgment, the ability to operate independently, and the capability to translate complex market risks into actionable insights for decision-makers.

You will work closely with the Market Risk Manager, Risk Head, and cross-functional teams including Front Office and Operation team, contributing to the development of scalable solutions for market risk limit setting, exposure monitoring, and committee reporting. The role offers a unique opportunity to combine financial insight with technical innovation in a fast-paced, market-facing environment.
 

Key Responsibilities

• Daily market risk calculations and ad-hoc market risk assessments (VaR, sensitivities, stress tests)
• Monitoring trading positions, exposures, and market-driven risk factors
• Maintaining and enhancing risk analytics tools and reporting frameworks
• Ensuring accuracy and integrity of market data used in risk models
• Supporting senior management and trading desks with clear and timely risk insights
• Contributing to the improvement of risk methodologies, processes, and the database
• Participating in the review of new products and limit structures
• Act as deputy to the Market Risk Manager when required, including coverage of decision-making, reporting, and stakeholder communication
• Mentor and guide risk analysts, providing technical review, prioritization, and quality assurance.
• Contribute to the development of team standards, documentation, and best practices
• Lead or co-lead market risk-related projects, including Risk model enhancements, Reporting automation and data infrastructure improvements, Process efficiency and control strengthening
• Drive continuous improvement of methodologies, controls, and data quality
• Work closely with IT, Operations, and Front Office on scalable risk solutions

Qualifications
Key Qualifications and Experience
Native-level in Japanese (spoken and written) is Mandatory required.

Education & Experience:

• Bachelor's or Master's degree in Finance, Economics, Mathematics, Statistics, Engineering, or related quantitative field.
• More than 5+ years of experience in credit risk, market risk, or quantitative analysis in a trading, banking, or energy company environment.
• Experience in commodity and/or power markets strongly preferred
• Relevant certifications such as CFA, FRM, or bookkeeping qualifications preferred.
• Experience of ETRM system preferred

Skills & Competencies:

• Strong analytical and quantitative skills
• Proficiency with Python and SQL for data manipulation, analysis, and tool development
• Understanding of market risk concepts (VaR, Greeks, stress scenarios, distributions, correlations)
• Familiarity with PnL Attribution/PnL Explain frameworks
• Experience with risk systems, market data management, or BI tools (Power BI, Tableau)
• Strong communication skills and ability to work with risk team, traders and cross-functional teams
• High level of accuracy, attention to detail, and responsibility
• Proactive mindset with a strong focus on process improvement and automation

Other Information
Person Specification

• Detail-oriented, proactive, and capable of working independently.
• Comfortable working in a fast-paced trading environment.
• Motivated to innovate in risk analytics and process improvement.
• Motivated to assimilate complex methodologies and products mathematically.
• Senior-level mindset with a strong sense of responsibility and integrity
• Comfortable operating under ambiguity and handling priority conflicts
• Capable of balancing hands-on analysis with leadership and stakeholder management
• Motivated to grow into broader risk management and leadership responsibilities

Role Opportunity
This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.