⚡About Amber

Amber is an entirely new way to buy and sell power, designed for a world powered by renewable energy. We give customers direct access to the real-time wholesale electricity price as it varies every 5 mins and the technology to shift more of their energy usage to the times when cheaper renewables are available in the grid. It’s a cheaper way to buy power, a smarter way to sell power, and the fastest way for Australia to reach 100% renewable energy.

We are a clear category leader in Australia for home battery automation and are growing rapidly (close to 100k customers). We have also recently expanded into licensing our core technology to utilities overseas, including a partnership with E.ON Next in the UK.

Amber is backed by leading Australian and international investors, including Square Peg, Main Sequence, Breakthrough Victoria, Commonwealth Bank, NRMA, Gentrack, ETF Partners and E.ON Next. Most recently, Amber raised a $78.5 million Series E, led by 1GT, Morgan Stanley Investment Management’s climate tech fund, alongside participation from existing investors.

We are scaling rapidly and you’d be joining a team of over 250 committed to building a diverse, inclusive, and purpose-driven culture as we transform a major industry.

Our products are reshaping home energy: Amber for Batteries cuts bills by exporting stored energy at wholesale prices of up to $20/kWh, and Amber for EVs enables the cheapest, cleanest charging. In 2026, we are pushing this even further with our new vehicle-to-grid (V2G) technology.

💻 About the Role

The Senior Risk and Trading Analyst is the analytical and commercial engine behind Amber’s hedging program. The role supports the entire trading lifecycle: forecasting, pricing and risk, position management, trade execution and environmental compliance. It owns the demand and price scenario models that determine how much Amber hedges, with which instruments and at what residual risk, and works closely with the Senior Hedging Manager to turn that analysis into executed trades within delegated authority and approved risk limits.

Amber passes real-time wholesale electricity prices through to customers, which creates unusual hedging and risk dynamics, including the Price Protection Guarantee, alongside more conventional challenges such as environmental certificate price risk. This is a data-heavy role for someone who enjoys building models from first principles on granular customer level data and defending the answer in front of senior stakeholders.

This is an important role that requires strong commercial decision-making, keeping risk at front and centre. It suits an all-rounder who has spent time in risk and analytics teams with a trading focus. You would need to have an in-depth understanding of the NEM, and the ability to contribute to three areas where you will be a SME: Trading, Data Analytics and Environmental Markets.

👉🏽 Responsibilities

• Preparation of monthly profit and loss and balance sheet reports, including detailed analysis and commentary
• Develop, manage and continuously improve and scale financial systems, processes and policies as well as identify opportunities for the automation of processes.
• Develop and maintain a rolling cash flow forecast
• Assisting with Concessions, AEMO, Metering and Network reconciliations
• Working with the finance team to respond to external Tax Advisors and Auditors inquiries.
• Management and review of end-to-end Accounts Payable, Accounts Receivable including payment batches
• Other ad-hoc tasks to support the broader team such reprice, transfer pricing policies, streamlining the processing of Amber’s subsidiaries
• Supporting the implementation of a new Enterprise Resource Planning system
• Ensure compliance with IFRS, AASB, UK GAAP and other applicable regulatory requirements.
• Preparing BAS and PAYGW statements in compliance with the ATO
• Support technical accounting matters, including financial statement disclosures and accounting position papers.
• Leading the International licensing accounting and reporting
• Assist with or manage group consolidations and elimination journals for multiple entities.

Role Expectation: 60% BAU and 40% special/ad-hoc projects within the first 12 months while scaling occurs.

🎯 Key responsibilities

Trading

1. Trade electricity and environmental products, including financial derivatives
2. Execute and monitor trades via ASX Energy, OTC and broker channels, within delegated trading authority.
3. Manage Amber’s energy and environmental positions day to day: monitor hedge coverage against forecast load across NEM regions (NSW, VIC, QLD, SA), identify over- and under-hedged positions, and act on them.
4. Use the demand and price scenarios to determine the distribution of shape factors across Amber’s customer base.
5. Determine the impact of the hedge book on retail pricing decision.
6. Analyse forward price curves and contract-for-difference (CfD) exposures
7. Support the trade lifecycle after execution, including trade capture, confirmation, settlement and reconciliation.

Analytics

1. Maintain, back-test and continually improve operational models, documenting assumptions, limitations and version history. Build and automate data pipelines, reporting and dashboards (in Python or R and Snowflake) so that analysis is repeatable.
2. Analyse historical customer load profiles and their relationship with wholesale electricity price, temperature, time and other key variables.
3. Produce and maintain load forecasts at customer and regional level, allowing for customer growth, churn and changes in customer behaviour.
4. Run sensitivity analysis to manage impacts of load and price variability on hedging strategy.
5. Define and quantify Amber’s residual risk under the proposed hedging strategy across a range of average wholesale price, volatility and demand scenarios.
6. Forecast future prudential capital requirements under a range of scenarios, after the proposed hedging strategy has been implemented.
7. Produce regular position reporting covering hedge cover, exposure, mark-to-market and limit utilization.

Retail pricing

1. Set the cost drivers for the wholesale components (hedging, environmental, customer load) that drive retail pricing, and support the build up of retail tariffs for all regions.
2. Assess the cost and risk of customer price guarantees, and ensure the hedging strategy supports them.
3. Design the financial hedging strategies that underpin these products, balancing customer cost against risk.

Environmental markets

1. Forecast Amber’s environmental scheme liabilities by jurisdiction, using load forecasts and customer mix.
2. Manage Amber’s environmental certificate position and procurement across federal and state schemes, and manage price risk.
3. Monitor certificate prices, supply and changes to federal and state scheme rules, and assess their impact on Amber’s costs and pricing.
4. Share responsibility with Legal to meet scheme obligations and deadlines, including data, reconciliation and position inputs to regulatory reporting and surrender.

Governance, reporting and stakeholders

1. Operate within delegated trading authority and approved risk limits, and escalate limit breaches promptly.
2. Prepare regular hedge effectiveness documentation and reporting for senior management and the board, and provide input into monthly risk and treasury reporting.
3. Support Finance with hedge accounting under AASB 9 / IFRS 9 where required.
4. Work with Legal and Compliance on contract documentation, and support internal and external audit of hedging and financial instruments.
5. Collaborate with Finance, Marketing, Product and Operations to align risk management with business needs.

🎯 Key requirements

• Degree in Finance, Economics, Engineering, Mathematics, Statistics, Data Science or a related quantitative field.
• 5–7 years’ experience in either risk management, energy trading, commodity risk, quantitative analysis or NEM market operations.
• Strong data analytics capability: advanced Python or R and SQL, and comfort working with large, granular datasets such as 5-minute interval and smart meter data.
• Modelling: demonstrated experience building forecasting, simulation or stochastic models (for example Monte Carlo, time-series, regression or machine learning approaches), including back-testing and validation.
• Trading: Solid understanding of electricity derivatives (swaps, caps, floors and options), forward curves and derivative pricing.
• Understanding of NEM dynamics, including dispatch, settlement, shape risk and FCAS.
• Experience with market data and risk analytics platforms.
• Excellent communication skills, including the ability to explain complex models and trade-offs to non-technical executives and to work cross-functionally.

Desirable

• Comprehensive understanding of trading and risk management lifecycle in the NEM
• Advanced data analysis skills and an understanding of AEMO’s MMS data model and experience with demand forecasting.
• Demonstrate experience in the Environmental schemes in NEM regions, certificate trading and managing surrender obligations
• Experience with ASX Energy and OTC trade execution.
• Exposure to hedge accounting (AASB 9 / IFRS 9) and prudential capital requirements.
• Retail Pricing and tariff development in line with DMO/VDO requirements
• Experience with data visualization or BI tools.

Key relationships

• Internal: Senior Hedging Manager (direct line), CFO and Finance, Legal and Compliance, Product, Marketing, Operations and Data teams.
• External: brokers, ASX Energy and OTC counterparties, auditors and market data providers.

🎉 Benefits

• We’re committed to building a diverse and inclusive workplace and a great culture of people who love coming to work to build a better world.
• You’d be a part of a rapidly growing team of over 190 with expertise across energy, technology, marketing, and operations.
• Be part of a growing technology start-up that will shape the future of household and grid energy use.
• Enjoy a lively, collaborative workspace at our buzzing Melbourne CBD headquarters in the heart of the city
• Flexible working hours with provision for regular work from home arrangements.
• Equitable gender-neutral parental leave policies.
• An external Employee Assistance Plan (EAP) for mental health support.
• Competitive salary and share options in Amber.
• Annual Learning & Development budget to support your personal growth.
• Additional PTO between Xmas & New Year

💰 Salary range

Salary range is between $150,000-$170,000 base + Super + Equity, with the final package reflecting the experience and capability you bring to the role. All full time salaried roles at Amber include employee stock options over and above the base salary and superannuation.

This is a full-time role to be based ideally from Melbourne, but we are also open to considering the right candidate anywhere within Australia.

We are also open to discussing a four day work week or nine day fortnight once you are fully ramped up, if that flexibility is important to you and something you would be looking for.

Amber is a remote first team; we have an office in the Melbourne CBD, where we work flexibly between the office and home. The vast majority of our team are located in Melbourne. For those based in Sydney, they catch up in a co-working space in the city every now and then, and rest of the locations in Australia work from home. While we don't expect people to attend the office, we do expect that people mostly work in the Melbourne time zone to maximise collaboration.

🌈 If this kind of work gets you excited, we'd love to hear from you!

Even if you don’t meet 100% of the requirements listed above, we still encourage you to apply. We're open to all backgrounds and encourage people from underrepresented groups to apply. We never discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.

🪄 How to Apply

Please click “Apply” and respond to our application questionnaire.

🏅 Our Hiring Process:

1. A screening interview with our talent team
2. An initial conversation with our Senior Hedging Manager (Hiring + Reporting) Manager and the CFO
3. A take-home case study/assignment that should take no longer than a couple of hours of your time to prepare on
4. A final chat which includes a follow up case study/assignment interview with two members of the Finance Team

🎬 The bit at the end

We promise to be respectful of your time as an applicant while trying to be as thorough as possible in finding the right fit for our team.

Applications will be accepted only from candidates already based in Australia, preferably Melbourne with full working rights!

Shortlisted candidates will be contacted promptly. All other applicants will also be notified of the outcome as soon as possible.

No recruitment agencies please. We've got this! Thank you.