Lead enterprise risk frameworks, market analytics, and trading operations for major energy trading and commercial business across Australia.
Location: Melbourne
Contact: Ivan Pignataro, D'Arcy Weil |
Focus: Market risk, credit risk, market analytics, ETRM transformation
D'Arcy Weil is representing a major integrated energy company operating substantial energy trading, generation, and commercial operations across Australia. They manage complex portfolios spanning wholesale electricity and gas trading, environmental certificates, renewable generation, and large customer supply contracts, supported by sophisticated trading and risk management platforms with advanced market analytics capability.
The business is undergoing significant transformation including trading system implementation, risk framework enhancement, market analytics expansion, and portfolio growth across energy trading and commercial operations. They require a strategic risk and analytics leader to elevate risk capability, drive system transformation, build market intelligence frameworks, and create collaborative partnerships across trading, commercial, and analytics functions.
They are seeking a Head of Risk & Trading Analytics to lead market risk, credit risk, market analytics, AML/KYC compliance, and risk transformation initiatives across their Australian operations. This executive role offers the opportunity to shape risk management frameworks and market analytics capability whilst partnering with front office teams to support business growth.
The Role
As Head of Risk & Trading Analytics, you will provide strategic leadership across risk frameworks, market analytics, and trading operations governing energy trading, generation, and commercial activities. This role requires deep expertise in market risk and credit risk for energy trading environments, strong market analytics capability, proven experience leading trading system transformations, and the ability to build trust-based partnerships with trading and commercial teams whilst maintaining independent risk oversight.
You will lead market risk, credit risk, market analytics, and AML/KYC functions for energy trading and commercial operations, with oversight of related business unit risk frameworks. Leading teams of market risk analysts, credit/AML/KYC specialists, and market intelligence professionals, you will drive continuous improvement of risk mandates, accelerate trading system implementation, develop market analytics frameworks, and ensure robust risk governance.
This is an executive leadership position operating as both strategic risk advisor, market intelligence leader, and change agent, balancing prudent risk control with support for business development during a period of significant growth and transformation.
Key Responsibilities
Strategic Leadership:
Contribute to energy trading and commercial platform development through evaluating and improving risk mandates and market analytics frameworks supported by robust metrics and limits
Lead market risk, credit/AML/KYC, and market analytics teams, coordinating with stakeholders across Australian and regional operations
Build trust-based relationships with front office profit centres, balancing risk control with business development support
Collaborate with wider risk and analytics community to leverage best practice and align frameworks
Develop market intelligence capability supporting trading strategies and commercial decision-making
Risk Framework & Governance:
Establish and maintain risk control environment and limits framework for energy trading, commercial operations, and related business units
Define and deliver risk reporting to risk committees and stakeholders covering market risk, credit risk, AML/KYC, and liquidity risk
Review and obtain approval for risk mandates annually or as required
Ensure risk policies remain current and fit-for-purpose across market risk, credit risk, and AML/KYC
Oversee risk analysis and drive approval processes for large transactions requiring escalated delegations
Ensure independent benchmarking of parameters used for P&L assessment including market prices, forward curves, and volatility
Market Risk & Analytics:
Monitor market risk metrics providing high-quality reports to local and central stakeholders on recurrent and timely basis
Develop detailed understanding of risk positions across power, gas, environmental certificates, and carbon markets
Build market analytics capability including fundamental analysis, price forecasting, and market intelligence
Develop analytical frameworks for market trends, supply-demand dynamics, and price formation
Create tools for scenario analysis, stress testing, and market sensitivity assessment
Provide analysis to maintain risks within approved management risk appetites
Lead market intelligence function supporting trading strategies and portfolio optimisation
Credit Risk Management:
Rate counterparties, set credit limits, and negotiate master agreements for wholesale trading and commercial supply
Manage wholesale trading counterparty credit risk and commercial customer credit exposures
Oversee collateral and margin management arrangements
Develop credit risk frameworks for wholesale and commercial operations
Build credit analytics supporting risk assessment and approval processes
Trading System Transformation:
Accelerate implementation and adoption of target trading and risk management systems across Australian operations
Collaborate with quantitative and risk methodology teams to implement appropriate asset and transaction pricing models
Support front office, analytics, and asset representation teams to model Australian markets and assets within trading systems
Drive continuous improvement of reporting requirements for risk mandate compliance monitoring
Integrate market analytics tools with trading and risk platforms
People Leadership:
Lead, develop, and mentor high-performing risk and analytics teams aligned to company values and productivity standards
Manage performance through goal setting, continuous feedback, and career development planning
Foster culture of accountability, engagement, and continuous improvement
Build capability across market risk, credit risk, market analytics, and compliance functions
Develop succession pipeline and talent development strategies
Requirements
Tertiary qualification in science, engineering, finance, mathematics, or quantitative discipline
15+ years' experience in energy trading environments with deep power trading expertise including asset portfolio management, physical trading, derivatives, and spot/balancing markets
Proven track record designing and implementing business governance frameworks and risk structures including mandates, limits, and transactional responsibilities
Strong market analytics capability including fundamental analysis, price forecasting, and market intelligence
Experience across mark-to-market and accrual accounting environments with familiarity across risk indicators including VaR, stress testing, scenario analysis, Earnings-at-Risk, and economic capital modelling
Knowledge of power portfolio management arrangements or joint ventures between trading and asset-owner entities
Broad risk expertise spanning market risk, counterparty credit risk (wholesale trading and commercial customers), liquidity risk, and AML/KYC compliance
Substantial experience interacting with front office teams including trading, portfolio management, and balancing operations
Proven project leadership including stakeholder management across multiple business units and change management capability
Experience communicating with multiple levels of corporate governance up to executive level
Team leadership, mentoring, and development skills with track record building high-performing teams
Comfortable working in matrixed environments with multi-regional stakeholders
Experience with deal and risk management systems (trading and risk platforms)
Strong analytical skills with ability to develop market intelligence frameworks and analytical tools
Understanding of Australian energy markets including NEM operations, market fundamentals, and price formation
Please submit your CV and a professional biography addressing:
Experience leading risk functions in energy trading or energy management environments with market analytics responsibility
Expertise in market risk, credit risk, and risk governance frameworks with specific examples
Track record developing market analytics capability and market intelligence frameworks
Experience implementing or transforming ETRM systems and risk platforms
Approach to building collaborative partnerships with front office teams whilst maintaining independent oversight
Experience leading teams and driving change management in complex, multi-stakeholder environments
For Further Information Contact
Ivan Pignataro | Director
D'Arcy Weil
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This role is being managed exclusively by Ivan Pignataro at D'Arcy Weil. All applications will be treated in the strictest confidence.
* No Sponsorship Is Offered For This Role