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Posted 59m agoHamburg

Risk Manager — Trading & Commercial Risk

MiddleOn-site (Hamburg)Salary undisclosed
Required Skills
PythonNext.jsSQL
Job Description

Intro

Suena is a German company and market leader in optimizing and trading co-located battery storage (BESS) and renewable energy assets — combining battery, solar, and wind dispatch, algorithmic energy trading, and commercial partnerships for asset owners across Germany's power markets.

Our vision: a world where clean energy is used reliably, economically, and intelligently. With our AI-based optimization and trading software, we maximize the revenues of operators of large-scale energy storage and renewable assets on short-term electricity and balancing markets - while simultaneously minimizing their risks.

Your mission

This role is for you if…
  • You want to work at the intersection of quantitative markets and real capital at risk — battery storage and renewables trading portfolios
  • You're comfortable in fast-moving, short-term power markets: day-ahead, intraday, and balancing/ancillary services (FCR/aFRR/mFRR)
  • You think in limits, scenarios, and profit-and-loss attribution rather than gut feel
  • You're ready for real ownership: monitoring and escalating risk day-to-day, and shaping how the risk framework scales as the business grows (including the pricing rules that trading and sales teams must operate within) 
  • You value flexibility and team spirit (hybrid work, honest feedback, collaborative environment)
  • Fluent in English; German is a plus for internal and contract-level communication

Your mission
  • Monitor and report the risk exposure of suena's battery storage and renewables trading portfolio across day-ahead, intraday, and balancing/ancillary markets
  • Track key risk metrics (Value-at-Risk, position limits, profit-and-loss attribution), enforce risk limits, and escalate breaches — to the Head of Operations day-to-day, directly to the CEO where material
  • Set the risk-adjusted guardrails (minimum pricing) for both trading positions and the management-fee contracts suena signs with third-party asset owners 
  • Monitor exposure to trading counterparties, exchanges, clearing brokers, and contract partners, particularly on longer-term deals (power purchase agreements, revenue-floor guarantees, tolling agreements)
  • Develop and refine risk models and methodologies (Value-at-Risk, stress testing, scenario analysis) as the trading portfolio grows
  • Contribute to risk policy and limit-setting frameworks, and support the risk assessment of new markets, products, or clients suena considers entering
  • Produce weekly and monthly risk reporting (exposure, VaR, breaches, counterparty risk), and lead a quarterly review 
  • Partner closely with the trading/technology team, finance, and asset operations

Your profile

  • Degree in finance, economics, engineering, or a quantitative field (maths/statistics)
  • Experience in wholesale power markets (day-ahead, intraday auction/continuous trading); 
  • Knowledge of balancing/ancillary services and prior exposure to battery storage or renewables trading are a strong plus
  • Solid grounding in market and counterparty/credit risk management: VaR and stress-testing methodologies, profit-and-loss attribution, limit monitoring
  • Comfortable with SQL and/or Python; experience with energy trading & risk management (ETRM) systems is a plus; strong in Excel/BI reporting
  • Awareness of regulatory frameworks relevant to energy trading
  • Comfortable operating with real day-to-day autonomy, while knowing when to escalate to senior management or a future risk committee

Why us?

  • Shape the Future: Contribute to the energy transition by working on sustainable energy solutions in a growing market environment.
  • Connecting & Co-Creating: Strategy off-sites and onsite weeks for real collaboration and shared ideas.
  • Work Your Way: Home office and flexible hours – you know what works best for you and your team.
  • Team Spirit: Yoga, shared lunches, after-work fun – we support each other and keep the vibe strong, even when it’s busy. Barista, DJ, guitarist included – we can’t wait to discover your hidden talent!
  • Fair & Transparent: Clear structures, democratic decisions, and a feedback culture where your voice counts.
  • Body & Mind: Urban Sports Club membership, wellbeing check-ins, and mental health support – your energy matters.
  • New Office Vibes: 10th-floor office with rooftop terrace, canteen, great views, ergonomic desks, hardware of your choice, and pet-friendly!
  • Sustainable Extras: Deutschlandticket, FutureBens, and more – supporting your mobility and future.

What else?

We look forward to receiving your application, earliest start is as soon as possible. If you have any questions, feel free to reach out - your contact is Aytaç (Interim Talent Partner).
You’ll hear back from us within 5 working days of your application. We value your time and want to make the process as transparent as possible.Once we receive your application, we’ll send you a confirmation email outlining the next steps and what you can expect from our interview process.

We can’t wait to meet you!

suena energy is an equal opportunity employer. We celebrate diversity and reject any form of discrimination. It is important to us to create an inclusive environment for all our team members. We want to particularly emphasize that our call for applicants is addressed to all genders. We welcome applications from people with disabilities.

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