(Senior) Credit Risk Analyst (m/w/d) at Octopus Energy

Munich, Bavaria, Germany

Octopus Energy Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Energy, Utilities, Renewable EnergyIndustries

Requirements

  • Successfully completed a degree in Economics, Mathematics, Statistics, Business Informatics, or a similar field
  • Several years of experience in credit risk management, ideally in a B2C environment, energy sector, or financial services industry
  • Analytical and conceptual thinking, ability to penetrate complex data structures, and confident application of statistical methods
  • Proficiency with tools like SQL or Python and good knowledge of databases
  • Structured working style, ability to find pragmatic solutions, and drive projects independently
  • Clear communication in German and English, including explaining complex topics understandably
  • Initiative, willingness to take responsibility, and enjoyment of teamwork

Responsibilities

  • Analyze and assess the creditworthiness of existing and potential new customers in electricity and gas supply
  • Develop, maintain, and optimize risk models and algorithms to predict payment defaults accurately and steer accounts receivable management
  • Identify risk concentrations and recognize early market trends influencing credit risk
  • Create regular reports and ad-hoc analyses on the current credit risk position and effectiveness of measures, preparing them for management
  • Develop models for flat-rate valuation adjustments of portfolios
  • Collaborate closely with the Credit Ops Team to develop data-based solutions for customers
  • Plan and conduct pilots and A/B tests to determine what works effectively
  • Create reports that feed into the regular management pack and provide relevant stakeholders with the right insights
  • Actively contribute to the further development and implementation of the credit risk strategy, considering regulatory requirements and company goals
  • Continuously optimize scoring models, early warning systems, and collection strategies
  • Exchange regularly with external experts and stay updated on the latest developments in risk management at specialist events

Skills

Credit Risk Analysis
Risk Modeling
Algorithm Development
Predictive Analytics
Data Analysis
Risk Reporting
Portfolio Valuation
Market Trend Analysis

Octopus Energy

Provides affordable green energy solutions

About Octopus Energy

Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Its main product offerings include direct energy sales to consumers and the licensing of its proprietary Kraken technology platform to other energy providers. This platform helps streamline energy management and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions. The company's goal is to make green energy accessible and affordable while promoting the use of renewable resources.

London, United KingdomHeadquarters
2016Year Founded
$2,476.6MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Automotive & Transportation, EnergyIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
Parental Leave
Flexible Work Hours
Company Equity
OE Group Share Scheme

Risks

Increased competition in renewable energy may impact market share.
Rapid international expansion exposes Octopus to geopolitical risks.
£3 billion repayment to UK government could strain financial resources.

Differentiation

Octopus Energy's Kraken platform optimizes energy usage for zero-bill homes.
The company leads in electric aircraft charging with AeroVolt collaboration.
Octopus Energy's global reach includes partnerships in Brazil and Japan.

Upsides

'Zero Bills' initiative could revolutionize sustainable living in the UK.
Partnership with Energisa opens South American renewable energy market.
Investment in Ocergy enhances offshore wind capabilities globally.

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