Head Of Financial Risk Management (Market Risk) (F/M/D)

Company Description

Do you want to contribute to projects shaping the future of energy in the Baltics and beyond? Ignitis Group shared service center is a part of the Ignitis Group – a renewables-focused integrated utility. Our purpose is to create a 100% green and secure energy ecosystem for current and future generations.

The Centre boasts a diverse range of competencies that not only ensure the smooth operation of daily activities across the Group but also support the energy transition in the Baltic Sea region. We are involved with all the Group’s products, from solar parks to electric vehicle charging stations. Given the scope and variety of projects, our team includes specialists in multiple disciplines, such as law, IT, HR, communications, procurement, and more. Every colleague, regardless of their area of expertise, contributes to the development of energy independence in Lithuania and beyond, extending to neighboring countries.

www.ignitisgrupe.lt #ignitisgroup

Job Description

We are currently looking for a new colleague to join our team as Head of Financial Risk Management at the Ignitis Group. In this role, you will be responsible for leading the development, centralization, and implementation of the Group Financial Risk Management framework, focusing on consistent risk identification, assessment, measurement, monitoring, and oversight. Close collaboration with business colleagues and the Risk team will be essential. If that speaks to you, we’d be happy to welcome you to our team!

Take YOUR part in #EnergySmart!

You will contribute to green and secure energy ecosystem creation by:

• Owning Financial Risk Management framework (documentation and rules setting) and leading its implementation (tools and processes) in the Group. Market risk management shall be the primary focus in this role
• Ensuring well-designed and embedded particular risk measurement and continuous monitoring processes for relevant risk exposures
• Collaborating with key stakeholders and Risk team for consistent and comprehensive risk appetite monitoring for the Group and underlying business lines
• Preparing periodical management and oversight risk reports as well as presenting them for relevant governance bodies
• Being able to work with various Risk management/measurement practices and, when needed, performing deep-dive assessments, e.g. model validation, back-testing, stress-testing, etc.
• Contributing to common Group Risk Management framework development and/or Risk function purpose-driven initiatives and “must-do” tasks

Qualifications

• University degree in Finance, Economics, Mathematics or related field.
• 7 years of experience in financial risk management, including framework development, market risk management, and application of quantitative risk assessment methods, models, and processes.
• Proven ability to work with large data sets and integrate them for risk management purposes.
• Experience in complex, international matrix organizations and interaction with regulators.
• Strong analytical skills, business acumen, and ability to identify key risk drivers and their impacts.
• Experience in preparing and presenting executive-level risk reports with valuable insights.
• Proficiency with MS Office, Power BI, and one or more of the following: Python, SQL, C#, Julia or similar.
• Excellent English and Lithuanian language skills.

Additional Information

• A package of additional benefits to choose from: pension accumulation, health insurance, or another benefit from the selectable benefits list in the MELP application
• Additional paid days for health improvement, short-term illness, volunteering, and accumulated work experience
• A hybrid work model (3+2) and flexible working hours
• Internal career opportunities
• Extensive learning and qualification enhancement programs
• Mentorship-based culture designed to facilitate meaningful and value-driven work
• Take part in an unfolding energy transformation process to create a 100% green and secure energy ecosystem for both current and future generations

Join a growing and increasingly international team of energy smart people united by a common purpose. We all play our part in creating a 100% green and secure energy ecosystem for current and future generations.

As we pursue our strategic goals to increase gender balance in Ignitis Group, we are indicating “f/m/d” next to job titles, meaning we welcome candidates of all genders – female, male or diverse.

Ignitis Group is committed to a policy of equal employment opportunity and does not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.