Head Of Group Risk (F/M/D)

Ignitis Group is a leading integrated energy group in the Baltic region with a diverse team of ~4,800 energy smart people. We are united by a common purpose to create a 100% secure and green energy ecosystem for current and future generations. 

We are active in the Baltic states, Poland and Finland. We are leveraging our integrated business model to maximise value. We lead the regional energy transition to strengthen competitiveness and support economic growth. We invest to enable electrification, enhance networks resilience and progress toward our 4–5 GW strategic goal. By reducing the carbon intensity of the grid, we deliver disciplined and value‑creating decarbonisation while ensuring energy security.

www.ignitisgrupe.lt 

We are currently looking for a Head of Group Risk, where you will play a significant role in ensuring the industry-leading risk management practices across the Group. You will be covering all relevant risk categories: market (commodity), liquidity, regulatory, operational, credit, and sustainability risks, with the special focus on market (commodity) risks. 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: 

• Creating and implementing a risk management strategy based on the overall Group strategy
• Covering all relevant risk categories: market (commodity), liquidity, regulatory, operational, credit, and sustainability risks
• Developing and implementing Group-wide risk management policies, procedures, methodologies, and risk registers for continuous risk management 
• Leading the identification, measurement, management, and communication of risks across the Group
• Special focus on market (commodity) risks and exposures. Review and update group-wide market (commodity) risk management (incl. hedging positions and exposures), monitoring, and reporting
• Preparing risk management reports, recommendations, and presentations for senior leadership (incl. Group Management Board, Group Supervisory Board committees). Combine, measure, and present all group risks in a single clear format, with exposure breakdowns by business units and by countries 
• Working closely with a range of stakeholders: business units, functions, countries, management and supervisory bodies
• Building and leading a professional team of top experts
• Steering of external consultants and auditors.

• 5+ years of management experience in large organizations
• 5+ years of experience in risk management functions within finance, insurance, energy trading, or similar business sectors
• Strong leadership skills, ability to organize teamwork and develop the team and its members 
• Superb communication and presentation skills, with the ability to influence decision-making at all levels of the organization  
• Interpersonal skills that enable you to effectively form trusted relationships with business unit/country/function management teams but at the same time retain an ability to challenge with empathy and understanding
• Strong analytical and strategic thinking, ability to interpret complex data and present it in a clear and concise manner
• Proficiency in English.

• 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
• 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
• Leverage your knowledge and experience in unique energy projects of national importance.

Would be an advantage: 

• Experience in energy sector 
• Experience in commodity hedging / exposure management 
• Risk management related certifications (e.g. FRM, CRM, IRM, CFA).

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 % secure and green energy ecosystem for current and future generations.

And the way to achieve this is certainly not to wait for the perfect moment. We believe that the power to act comes from the charge we bring to our work every day. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. These are our mindsets. Together, they yield the energy that drives everything we do. The energy generated by our choices. If you are guided by the same mindsets – we look forward to welcoming you to our team!

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 ensures equal opportunities. We welcome all applicants and do not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.