Risk Control Manager

TotalEnergies committed to better Energy

As the UK’s leading gas and electricity supplier to businesses and the public sector, we can help with all of your energy needs. We are committed to helping our customers become carbon net zero by 2050 through superior service, competitive prices and innovative products.

A part of TotalEnergies

We integrate climate change into our strategy, and are staying ahead of new energy market trends by building a portfolio of activities in low-carbon electricity that could account for up to 40% of our worldwide sales by 2050. Today, our gross low-carbon power generation capacity is currently close to 9 gigawatts, including 5 gigawatts from renewable energies.

We target 25 GW of renewable generation capacity in 2025 and will continue to expand our business to become a leading international player in renewable energies.

The role:

We have a new requirement for Risk Control Manager the role is responsible for providing a clear vision of the team´s performance by defining KPIs for the underlying risks within the portfolios across commodities and instruments.

The job holder oversees the accurate generation of daily & monthly reports, ensuring they are submitted in a timely manner to support Procurement decision making and the communication of results to Group.

A paramount responsibility is upward stakeholder management: effectively communicating performance & project progress, challenges and strategic insight to SMT, which is crucial for ensuring alignment with organisational goals and securing necessary support and resources.

This role will manage 3 member of staff and responsible for managing the Middle and Back Office functions for the gas & power portfolios for TotalEnergies Gas and Power

Middle Office: Exposure reporting (procurement curve P&L)

Back Office: Delivered margin reporting , MTM results reporting, trade reconciliations, invoice validations

Role Details:

Salary: Competitive

Bonus: Up to 22%

Location: Redhill

Contract type: Permanent

Working Pattern: Hybrid - Office based 3 days a week

Location: Redhill, Surrey - RH1 1RX

The Benefits:

• Pension Defined contribution scheme, the employer contributes up to 15% of salary
• Life Assurance Lump sum benefit of 10 x salary as a member of the pension scheme
• Capital Increase Share Scheme
• Private Healthcare
• Private Dental Care
• Share incentive plans
• Bonus scheme
• Life assurance
• 25 days’ holiday per year
• Fully subsidized Corporate gym membership
• Confidential telephone advice line for a range of personal, financial, legal issues etc.
• Medi Cash Cash Plan, discounts and Rewards
• Christmas parties and employee communications days

Role Purpose:

• Overseeing the accurate reporting of commodity exposure and MtM P&L, including full compliance with position limits, internal audit and SOX rules.
• Present concisely the monthly delivered results to Finance and SMT.
• Ownership and management of the gas, power, embedded generation and storage Mark-to-Market positions:
• Ongoing review of assumptions feeding into the position to ensure accuracy
• Present findings to SMT, highlight movements as well as risk and opportunities
• Work with Finance to ensure all monthly results are fully understood
• Continual improvements to the reporting packages
• Ensure the effective reconciliation of trades and contracts (storage, sigmoid, weather derivatives…) between Trading and Finance on c. 4,000 trades a year
• Oversee validation of all commodity and green certificate related invoices between Trading and Finance.

Experience Required:

• Commercial experience in an energy role, preferably with risk management experience
• Confident personality with strong stakeholder management skills.
• Analytical skills to interpret results and make data-driven decisions but also diagnose problems and develop solutions.
• Possess the ability to see the big picture. Strategic thinking to drive long-term success and being able to make decisions that supports the company’s vision.

About the company:

TotalEnergies Gas & Power is one of the leading energy suppliers to industrial, commercial and business customers within the UK and part of the one of world’s leading oil and gas companies and a major player in low-carbon energies.

We have integrated climate change into our strategy and target 25 GW of renewable

generation capacity in 2025. We will continue to expand our business to become a leading international player in renewable energies.

Our Vision is to be the UK's most trusted energy supplier and to deliver what we promise.

We recognise that our employees are one of our most important assets. If you are looking for a fast-paced company and with a global brand and a strong UK presence that actively invests in its people, this is an excellent opportunity to work within a friendly, proactive successful team.

Diversity and Inclusion

One of our values is respect for each other. Creating an inclusive environment in which everyone

can express and develop their potential, from the moment they are hired and throughout their career, means ensuring that all our employees have the same opportunity to succeed, regardless of origin, gender, age, disability, sexual orientation, gender identity or affiliation with a political, religious, union, organization or minority group.

This is our vision of diversity, which is an asset for our Group as well as for the individuals who embody it. Preserving and promoting this asset is another part of being a responsible employer