Senior Energy Risk Controller - German-speaker role (all genders)
Permanent, Fulltime Berlin, Munich, Wolfsburg, Eschborn
Why us?
We are Elli – a brand of Volkswagen Group. Elli is developing Energy and Charging Solutions for Business and Retail customers in Europe. We want to support our customers wherever energy meets mobility. Intelligent, easy to use, reliable and 100% environmentally friendly. Our Vision is to change the world of energy and make it tangible for our customers – easy and effortless. As part of the Volkswagen Group we want to be the first company to offer our clients a seamless and holistic charging and energy experience.Your mission
As a key member of our energy trading team, you will take ownership of risk exposure across our dynamic and fast-paced trading operations. Your role will be central to shaping and safeguarding Elli’s trading strategies in European electricity markets, particularly in short-term trading and forward hedging. You will work closely with cross-functional teams to ensure our risk management practices remain ahead of the curve, contributing to our competitive edge in an evolving energy landscape.
You develop and implement a comprehensive risk management framework for Elli’s electricity trading activities, with a focus on short-term markets and an increasing emphasis on forward hedging.
You design and maintain daily risk reports, establishing key trading metrics such as P&L, mark-to-market (MtM), and open trade positions.
You manage collateral processes, including margining accounts and bilateral agreements, ensuring compliance and efficiency.
You apply a strong understanding of evaluation and optimization models for asset-backed trading, particularly related to battery energy storage systems (BESS).
You formulate and communicate a clear strategic vision for managing risk exposures, aligning with Elli’s growth and innovation goals.
You bring in-depth knowledge of energy markets, including insights into regulatory developments, emerging technologies, and shifting customer demands.
Your profile
You hold a master’s degree with a strong quantitative background, such as in mathematics, physics, economics, or engineering.
You have at least 3 years of experience in a risk management role, either within a trading firm, bank, or through consulting engagements.
You have hands-on experience with Energy Trading & Risk Management (ETRM) solutions or core banking systems such as Endur, Allegro, or Murex.
You are able to interpret and apply German and European legislation and regulations (e.g. REMIT, MiFID) to define requirements for trading services.
You possess strong skills in quantitative modeling for risk evaluation, optimization, and forecasting.
You are familiar with standard KPIs used in risk management across trading organizations.
You demonstrate sound oversight in regulatory compliance within the energy or financial sectors.
You understand key back-office processes such as margining and settlement operations.
You are fluent in both German and English, enabling effective communication across diverse teams and regulatory environments.