Senior Market Risk Adviser

Since its creation in 2014, Harbour has grown to become one of the world’s largest and most geographically diverse independent oil and gas companies.  Today, Harbour is producing between 475,000 and 485,000 barrels of oil equivalent per day with significant production in Norway, the UK, Germany, Argentina and North Africa. Harbour benefits from competitive operating costs and resilient margins, and a broad set of growth options including near-infrastructure opportunities in Norway, unconventional scalable opportunities in Argentina and conventional offshore projects in Mexico and Indonesia. With low GHG emissions intensity and a leading CO2 storage position in Europe, Harbour remains committed to producing oil and gas safely and responsibly to help meet the world’s energy needs. Harbour is headquartered in London with approximately 5,000 staff and contractors across its operations and offices. 

Ours is an inclusive workplace where individuals can bring their whole selves to their job and feel recognised for the value they add. We are committed to creating a genuinely inclusive and supportive working environment to ensure everyone has a positive experience at work.

At Harbour Energy, we aim to recruit, retain and promote our people based on their unique skills, regardless of race, gender or background. We need excellent people to help shape and develop the future of our company. Could this be you?

If so, we want to hear from you.

Purpose of Role:

Senior Market Risk Adviser supports the company’s market risk management efforts by providing advanced analysis, insights, and recommendations on market exposures across energy and commodity markets. This role involves deep engagement with stakeholders, complex risk modelling, and a proactive role in shaping risk mitigation strategies.

Critical Responsibilities:

Ensure that all activities are carried out in a safe manner complying with all regulatory requirements, legislation and Harbour Energy HSES Procedures

Ethics and Compliance Responsibilities:

Ensure that all activities and behaviours are carried out in accordance with Harbour Energy’s Ethics and Compliance Policies and Procedures, and to complete any compulsory compliance training as required.

Areas of Accountability, Responsibility and Competence:

Market Risk Analysis 

• Identify and assess market risks including commodity price, FX, interest rate, and basis risks. 
  
• Conduct advanced quantitative analysis, scenario modelling, and stress testing to evaluate potential exposures. 
  
• Build develop and evaluate risk models and tools to enhance risk measurement capabilities. 
  
• Lead the design and implementation of market risk mitigation strategies, ensuring they are aligned with Harbour’s evolving risk profile and market conditions. 
  

Risk Monitoring & Reporting 

• Monitor market risk exposures and key risk indicators, identifying emerging risks and trends. 
  
• Maintain a comprehensive understanding of Harbour's market risk profile, including the composition, drivers, and historical evolution of exposures 
  
• Identify and escalate growing or concentrated exposures, illiquid positions, and material changes to Harbour’s optimisation market risk profile 
  
• Build, Prepare and present detailed risk reports and dashboards for management and internal stakeholders. 
  
• Refine risk reporting processes, controls and templates. 
  
• Monitor hedge performance
  

Governance & Compliance 

• Ensure compliance with internal risk policies and external regulatory requirements. 
  
• Lead internal audits and regulatory reviews related to market risk. 
  
• Contribute to the ongoing development of the market risk governance framework.
  

Stakeholder Engagement 

• Work closely with trading desks, commercial teams, and finance to provide risk insights and support decision-making. 
  
• Communicate complex risk concepts clearly to both technical and non-technical audiences, up to and including senior leaders. 
  
• Participate in cross-functional projects and working groups related to risk and finance.
  

Market Intelligence 

• Stay informed on market developments, macroeconomic trends, and regulatory changes affecting energy and commodity markets, recommending courses of action to senior leaders. 
  
• Conduct research and analysis to assess the potential impact of external events on the company’s risk profile, presenting and implementing insights and actions based on that analysis.  
  

Ability to mentor and support less experienced team members, both within the function and across Finance

Critical Skills, Qualifications, Experience, etc.:

• Bachelor’s degree in finance, Economics, Mathematics, Engineering, or a related field. Professional certifications (e.g., FRM, CFA) are advantageous. 
  
• 4–6 years of experience in market risk, trading, or quantitative analysis, preferably in the energy or commodities sector. 
  
• Solid understanding of financial markets, derivative instruments, and risk management principles. 
  
• Proficiency in risk modelling tools and techniques (e.g., VaR, stress testing, Monte Carlo simulation). 
  
• Strong analytical, communication, and stakeholder engagement skills. 
  
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Inclusive recruitment is a vital part of our diversity, equity and inclusion strategy. Whatever your background, if you feel you need an adjustment during our selection process to suit your needs, please let us know, and we will be happy to help.