Do you want to kick off your career in risk management by joining one of the fastest-growing energy trading companies in the world? Are you eager to gain valuable hands-on experience and advance your analytical, quantitative, and programming skills? Then, you might be just who we are looking for!

We are currently seeking a Risk Analyst to join our small, but dedicated Risk team. The team's primary purpose is to establish and maintain a solid risk management framework that, through extensive market knowledge, risk monitoring, and tool automation, ensures our front offices are well-equipped to take the best possible positions in the markets.

Your journey as a Risk Analyst Analyst 

You will be working on various tasks and projects related to risk management. This ranges from building and optimizing our multiple tools to ensuring a complete overview of our market, credit, liquidity, and operational risk. You will be involved in a broad spectrum of responsibilities, ranging from executing simple risk assessments to undertaking complex quantitative analyses for our larger-scale strategic projects. Moreover, the role involves conducting thorough risk assessments of current and potential new markets and products and ensuring secure onboarding and revision of our counterparts by performing credit analysis and Know Your Customer (KYC) assessments.

In this role, you have a unique chance to apply your academic skills in a professional setting where your work will directly impact our way of monitoring risk. Cross-team collaboration is crucial in our ongoing mission to ensure that our risk framework always identifies and captures risk in the best possible way. Therefore, you will work closely together with multiple teams across our organization, from our trading teams to IT teams. You will advance your programming skills, build solid domain knowledge, and gain crucial insight and experience by working with some of the brightest minds in the energy trading industry.

We will ensure you are ready to take on your new role by giving you the best possible introduction to your team, our business, and our organization. You will participate in an onboarding program with a group of new colleagues who will join at the same time as you.

During your onboarding, you will be introduced to your tasks, role, and responsibilities so you can quickly manage your own projects and tasks. A high degree of autonomy will be provided and expected from the beginning of your role, as this is one of the cornerstones of our team and organization. But you can of course always count on your skilled colleagues for sparring and support to reach your full potential in your role. Further responsibility will be added continuously as you grow within your role.


  • Maintain existing and develop new tools 
  • Maintain and optimize risk mandate setup across all trading activities  
  • Take part in KYC and credit assessment when onboarding new counterparts
  • Obtain a high level of understanding of the markets, commodities, and strategies driving GP
  • Take ownership and autonomy on quantitative risk projects
  • Take part in identifying potential risks when entering new markets
  • Participate in evaluations of the entire risk framework together with the team to ensure best practice risk overviews and procedures are implemented 
  • Various day-to-day risk operations depending on current market situations 

Qualifications – we imagine that you: 

  • Recently graduated with a master’s in economics, finance, mathematics, engineering, computer science or similar. Alternatively, you may be nearing completion of your master's studies in one of the above-mentioned disciplines and are open to beginning as a student while completing your thesis. You can then transition into a full-time position upon graduation
  • Are fluent in English, both written and verbal 
  • Have strong mathematics and statistical skills 
  • Are eager to work with data mining and data analysis
  • Are experienced within or have basic knowledge of programming languages, preferably R and SQL  

Personal skills – we expect that you: 

  • Have an analytic and logical mindset  
  • Are detail-oriented, systematic, and quality-conscious 
  • Are curious and open to different tasks and challenges 
  • See opportunities with a can-do attitude where others see obstacles

What you can expect from us: 

  • A steep learning curve and thorough onboarding program to ensure you're ready to take on your new role 
  • You will be part of an experienced team and learn from the best. You will get guidance and close sparring with senior profiles when needed 
  • The opportunity to develop both professionally and personally  
  • A bunch of great events - both in the team and in the entire organization 
  • A unique company culture where we live up to our values: Honesty, Transparency, and Rethink and where you don't have to abide by a dress code or a strict hierarchy so that you won't be frustrated with too many rules, policies, or bureaucratic processes 

We’re InCommodities: One of the fastest growing trading companies in the world. The energy market is transitioning away from fossil fuels to renewable energy, and we take part in making that happen! 

At InCommodities, we support the transition by acting as the middleman between sellers and buyers of power and gas - we transport energy across borders where it’s needed, or we store it and sell it later, providing a vital function in the value chain from production to consumption. InCommodities’ business and decision-making are driven by a deep understanding of the energy markets and based on quantitative analysis and rethinking what we do.

Making InCommodities outstanding requires all types of people with different personalities, backgrounds, and approaches to solving different tasks and projects. But one thing connects us: we're fuelled by new ideas and rethinking the status quo.

Our Culture

We value a strong social culture with a high frequency of employee events outside the office. We want to win and be the best in class – therefore, you'll be surrounded by like-minded people who are bold, honest, ambitious, and the smartest in their field, and who root for one another, as we value a genuine sense of team spirit.

To help each other grow, we use honest and constructive feedback and sparring within and across teams. Personality and cultural fit are important to us because we want you to be happy here. The work culture is relaxed; you don’t have to abide by a dress code or a strict hierarchy, so you won’t be frustrated with too many rules, policies, or bureaucratic processes. 

In other words, InCommodities is not your average workplace – it’s awesome.

Practical details

Location: Aarhus N, Denmark

Full-time job (but with the flexibility to start-off by being a student while completing master's thesis)

Application deadline: May 1, 2024


If you have any questions, please contact:

Thomas Eriksen, Head of Risk