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Commercial Risk Analyst - Madrid

Hybrid in Madrid·Full-time·Added 22 days ago

Sonnedix

5 open roles

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Overview

Job details

Permanent contract
Full-time hours.
Hybrid
Office and home days — the ad has the split.

Requirements

Have the right to work in Spain
Sonnedix doesn't mention sponsorship in the ad.
Work in English
English is required, per the ad.
Be near Madrid for hybrid days
No relocation package mentioned.

Pay & benefits

What you'll get

In line with EU pay transparency requirements, salary ranges will be shared with candidates in the EU before progressing to the next stage of the recruitment process, and always before interview. This range reflects the typical starting pay for new hires. Pay above this level may apply in specific circumstances based on experience, skills, or role scope.

One company, many careers - as the company grows, we offer the opportunity for you to develop your career with us
An inclusive, international working culture with a diverse team of friendly professionals from across the world
A commitment to flexibility – hybrid working, generous annual leave allocation with an additional four weeks of discretionary unpaid leave
A family first company - generous paid parental leave and support for carers
The ability to ‘work from elsewhere’, for up to six weeks in a year
Summer working hours
Financial, Social, Mental & Physical wellbeing support
The Sonnedix Academy – a range of training and development opportunities including professional development, management and leadership programs, technical training, essential skills, DEI, mentorship and much more
Dedicated learning paths, tools, and resources to help every colleague confidently use AI and digital tools in their work
Fantastic office environments
Social events, team building opportunities and One Team Network groups, which are employee-led groups, based on shared identities, interests, backgrounds and life experiences

and many more local benefits!

Requirements

Nice to have

Energy Market Experience
Strong understanding of electricity markets, with experience in a utility, independent power producer or energy-trading company, and familiarity with merchant energy, short- and medium-term markets, and market volatility
Quantitative Modelling & Python
Demonstrable, hands-on experience using Python for quantitative analysis, with the ability to build and apply models that assess asset availability, volume uncertainty, and stressed portfolio performance
Portfolio Risk Analysis
Confidence developing risk metrics such as cash-flow-at-risk (CFaR) and value-at-risk (VaR), and assessing how contracts and new investments affect the portfolio's hedging position and overall exposure
International Market Exposure
Experience working across more than one European market is a strong plus, particularly within a centrally organised team covering a multi-country portfolio
Commercial Judgement & Communication
Comfortable working transversally with Development, Energy Management, Finance and Investment teams, balancing quantitative analysis with commercial intuition and clear communication
AI & Digital / Tech Fluency
Demonstrated interest in using AI, automation or digital tools to enhance risk modelling, streamline reporting, and support faster, smarter decision-making across the portfolio

Languages

We use English as our business language, please submit your CV in English.

We deploy AI across the business, from generation and trading decisions to the everyday workflows of every team. We invest in our people’s digital fluency so everyone works alongside these tools with confidence.

Studies show that many qualified candidates hesitate to apply unless they meet every requirement. If this role excites you, but you don’t meet every single qualification, we still encourage you to apply. We value diverse skills, perspectives, and experiences that contribute to a stronger team.

The role

We are looking for a Commercial Risk Analyst to join our Risk team in Madrid, working closely with the Head of Risk to ensure Sonnedix captures full market value from our renewable asset portfolio. This role sits at the heart of how the business understands and manages its exposure to energy markets, combining asset-level forecasting with our contract book to identify where the portfolio is long or short, and building the risk metrics that support hedging, commercial and investment decisions.

You will play a key role in analysing merchant market dynamics, short- and medium-term price movements, intraday risk, baseload profiles and pay-as-produced arrangements, and translating that analysis into quantitative models that stress-test portfolio performance under different scenarios. The role also acts as an important link between Development, Energy Management, Finance and Investment teams, helping ensure commercial decisions are grounded in clear, well-communicated risk analysis.

This is a hands-on analytical role with real influence, ideal for someone who enjoys working close to the data, building quantitative tools from scratch, and applying commercial judgement in a fast-moving, international business.

Join a growing renewables platform, applying advanced risk modelling, market analytics and commercial insight to support portfolio optimisation, investment decisions and energy management globally.

About Sonnedix

Sonnedix is a global renewable energy company that develops, builds, and operates a diversified portfolio of solar, wind, and storage assets. With over 11.4 GW of total capacity and 721 projects across 9 countries, it delivers clean electricity and tailored energy solutions to customers, including PPAs and hedging strategies. The company employs 550 team members representing 47 nationalities.

Industry: Renewable Energy
Founded: 2009
Employees: 500–1,000
Headquarters: London, United Kingdom
In Spain: Madrid
Website: sonnedix.com

Good to know if you are moving

Sonnedix has a significant presence in Spain, with offices in Madrid and a large portfolio of solar projects across the country.
The company operates in 9 countries, offering international mobility opportunities for employees.
With 47 nationalities among its team members, Sonnedix fosters a multicultural work environment.
The company is a long-term owner and operator of renewable assets, providing stable and sustainable employment.
Sonnedix actively collaborates with landowners and developers, offering various commercial relationships.

In their own words

About the company & team

Sonnedix is a global renewable energy company delivering 100% clean electricity through a diversified portfolio of solar, wind, and storage assets.

With almost two decades of sustainable growth, we are committed to Powering a Bright Future, as we continue acquiring, developing, building, and operating renewable energy projects for the long-term, delivering innovative, tailored, and fully renewable energy solutions to our customers.

We help you thrive at work and beyond: A people-first company, committed to offer flexibility, a family-first approach, wellbeing and training support, and – above all – team connection and community!

We are tech-fluent by design: Technology isn’t a support function, it’s how we run. We deploy AI across the business and future-proof your career by investing in our people’s digital fluency.

We have nearly two decades of sustainable growth: Our successful track-record of nearly 2 decades is testament to our strong sustainable growth focus. We are a reliable partner and employer, for the long term!

We are truly diverse and inclusive: A culture of listening to each other, educating ourselves, and implementing changes to improve and ensure every member of our One Team feels and knows they belong.

Hear from some of our team about Sonnedix: https://www.sonnedix.com/careers

All open roles at Sonnedix