At Galp, we believe that together we can make a difference in society by contributing to a more sustainable energy future. Changes starts with our people, where agility, continuous improvement, internal alignment and external focus are the values that define our organization where everyone, without exception, can reach their ultimate potential. We're counting on your energy Mission The Quantitative Risk Specialist will play a key role in identifying, assessing, and mitigating financial risks within the organization. This position involves developing and implementing quantitative models to analyze risk, evaluating potential financial impacts, and providing strategic recommendations to management. The ideal candidate will have strong analytical and programming skills, proficiency in risk modeling, and a deep understanding of financial markets. Whay You'll Do · Conduct assessments potential market risks associated with new business ventures and strategic operations alignment with the organization's risk strategy and appetite; · Assess alignment with the organization's risk strategy and appetite; · Define metrics and indicators that establish risk limits and tolerances (linked with risk appetite), for subsequent cascading to BUs; · Define risk analysis and calculation methodologies, model assumptions, and analytical processes, to develop quantitative models support risk analysis; · Compute the overall risk exposure and position, limits availability and usage, at various aggregation levels; · Utilize statistical methods and financial theories to forecast potential losses and assess risk exposure; · Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions; · Monitor global and BU-level risk exposure and limits consumption, maintaining adequate mitigation mechanisms and evaluating the effectiveness of controls in place; · Consolidates risk reports that provide a comprehensive view of the organization's risk profile, with actionable insights for decision-making; · Provide quantitative support for various projects and initiatives and prepare relevant material for Risk forums discussions (e.g. Risk Management Committee, Market Risk Committee). What You'll Need · Bachelor's or Master's degree in Finance, Economics, Mathematics, Statistics, or a related field; · Proven track record in developing and validating risk models; · Proficiency in statistical and mathematical modeling software; · In-depth knowledge of financial markets, instruments, and risk management principles; · Advanced knowledge of programming languages and their applicability for market risk analysis: Python, VBA and PBI; · Fluent in English. Diversity, Equity and Inclusion (DEI)At Galp, we have the ambition to be a Human Centered Company, and for that we acknowledge our responsibility to promote Diversity, Equity and Inclusion (DEI) by having a genuine mindset, lived on our day-to-day, in all our processes. We believe that everyone should be celebrated and valued for who they are: not only for their potential, but also for their distinctive characteristics. Galp gave me the opportunity to work daily side by side with extraordinary professionals, who contributed every day to my personal and professional growth. The easy integration into the company, with numerous different challenges and a fantastic team environment is the reason why I wake up every day with huge energy to work, and energy creates energy! Indeed, the company strongly bets on its employees and understands that people are its most valuable resource. I joined Galp in December 2016, through a curricular internship in the HR Development area and nowadays I am a trainee in the Loyalty and Business Development area, where every day I grow a little more. My (still short) career within Galp has been exceeding my expectations and allows me to say that I am part of a privileged group of people who work daily for the success and good results.#J-18808-Ljbffr
