Risk Stream Lead - Orchestrade/Endur

External listing

Luxoft

United KingdomHYBRIDCONTRACTSENIORDEV
Functional

ETRM Role Details

ETRM Packages: Endur, Orchestrade
Commodity Focus: Power, Gas

Job Description

##### Project description

Luxoft has one of the world's leading Orchestrade practices. We are a top-tier Orchestrade Partner and a market leader in implementation, integration, upgrade, and migration.

We provide end-to-end project services and have delivered Orchestrade projects across all major asset classes and sectors including investment banking, asset management, corporate treasury, commodities.

Whether you possess a background in finance, technology, or Mathematics, your experience in the capital markets industry or commodities industry would be of high interest to us.

The project is a Trading and Position platform Implementation for Commodity products.

You will be part of a Top Initiative for this commodity client.

This is a brilliant opportunity to work on several type of commodity products and learn a new trading platform.

You will have the ability to showcase the work directly to the End users.

The team is responsible for the integration of a trading application (Orchestrade) used for:

  • Pre-deal origination workflow and post execution monitoring and life-cycle management.
  • Dedicated workflow, configuration of the platform, supporting business
  • Leverage strategic standard risk systems
  • Integration with Operations, Finance
  • Reporting, Reconciliation
  • Accounting

The application is Orchestrade:

  • Orchestrade is in .Net (C#): Natively connected to Excel
  • Database: Microsoft SQL
  • Delivered In-House or Hosted (Amazon Web Services)

You will be part of the development team responsible for the migration of the new trading platform.

You will act as a senior .NET developer.

This is a brilliant opportunity to work on a new trading platform written in C#

Also, you will join our Orchestrade Practice and become a member of our open minded, progressive and professional team.

You will have a chance to grow your functional and soft skills and build a thorough expertise of the industry of our client.

Location: Flexible / Hybrid

Contract: Permanent or Contract

Industry: Energy Trading & Risk Management

Role Purpose

The Risk Stream Lead will be responsible for leading the Risk workstream within a strategic Energy Trading & Risk Management (ETRM) transformation programme, replacing Endur with Orchestrade. The role will ensure that risk measurement, control, reporting, and oversight capabilities are correctly designed, implemented, and embedded within Orchestrade for Power, Certificates, Gas, and Biomethane products.

The Risk Stream Lead will act as the primary interface between Risk, Front Office, Back Office, IT, and the Orchestrade implementation partner, ensuring robust, transparent, and auditable risk processes are delivered and adopted.

##### Responsibilities

Risk Workstream Leadership

Lead the Risk workstream within the Orchestrade implementation programme

Own Risk scope, priorities, roadmap, and dependencies

Represent Risk requirements and controls within the wider Endur replacement programme

Ensure alignment between Front Office trading activity, Risk measurement, and downstream processes

Risk Requirements & Solution Design

Gather, document, and challenge Risk business requirements covering:

Market risk (exposures, sensitivities, VaR, MTM)

Credit risk and counterparty exposure

Position monitoring and limits management

P&L explain and risk reporting

Drive Risk solution design in Orchestrade, ensuring alignment with Risk policies and market best practices

Review and validate functional designs and configuration decisions

Orchestrade Risk Configuration & Implementation

Oversee configuration of Orchestrade Risk components, including:

Market and credit risk calculations

Curves, indices, and valuation methodologies

Limits structures and alerts

Risk views, dashboards, and reports

Ensure accurate valuation and exposure handling for Power, Gas, Biomethane, and Environmental Certificate products

Work closely with data and analytics teams to ensure data quality and calculation integrity

Testing, Validation & Controls

Lead Risk testing activities, including SIT and UAT

Define Risk test scenarios, controls, and acceptance criteria

Ensure consistent validation of valuations, sensitivities, exposures, and risk metrics against Endur and benchmark calculations

Support Risk sign off for go live readiness

Stakeholder Management

Act as the primary Risk point of contact for:

Risk management teams

Trading and Front Office stakeholders

Finance and Back Office

IT, data, and integration teams

Orchestrade vendor and implementation partners

Provide clear status reporting, risk visibility, and issue escalation to programme governance

##### Skills

Must have

Risk & ETRM Systems Experience

Strong Risk / Middle Office experience within Energy Trading organisations

Proven experience implementing Orchestrade or Endur in a Risk capacity

Hands on understanding of risk measurement within ETRM platforms

Experience delivering risk workstreams within large transformation programmes

Product & Market Knowledge

Strong knowledge of:

Power and Gas (physical and financial) markets

Biomethane products and contract structures

Environmental and Certificate products (e.g. Guarantees of Origin)

Understanding of valuation, exposure, and risk drivers for complex energy instruments

Management

Strong leadership of functional workstreams in complex delivery environments

Excellent analytical skills and attention to detail

Ability to translate Risk policies and methodologies into system configuration

Strong communication skills across Risk, Trading, IT, and senior stakeholders

Structured, control focused mindset with strong problem solving abilities

Nice to have

Degree in Finance, Economics, Mathematics, Engineering, or a related discipline

Risk, energy trading, or ETRM related certifications are an advantage

##### Other

Languages

English: C1 Advanced

Seniority

Regular

London, United Kingdom of Great Britain and Northern Ireland

Req. VR-122050

Orchestrade

BCM Industry

23/04/2026

Req. VR-122050