Chief Trading, Analytics and Risk Officer

Listing reference: reunt_000286
Listing status: Online
Apply by: 21 August 2026
Position summary
Industry: Electricity, Energy & Water Supply
Job category: Directors and Chief Executives
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: No
Introduction
The Chief Trading, Analytics and Risk Officer (CTARO) leads Apollo's trading, quantitative analytics and risk function as a member of the Apollo Executive Committee. This is a hands-on senior appointment. The CTARO takes full control of Apollo's modelling function and is accountable for everything that function produces — the models, the data feeding them, the controls around them, and the exposure numbers they generate. Apollo requires someone with the technical depth to build and interrogate the pricing, forecasting and portfolio-risk models personally; someone who works alongside and develops the existing modeller in the team rather than standing apart from the work. The CTARO combines quantitative leadership, commercial judgement and risk governance as Apollo's transaction volumes, counterparties and market complexity grow. This is not a supervisory or oversight appointment. The successful candidate must be prepared to engage directly and technically with the work — building, reviewing, correcting and defending it. Comfort with ambiguity, intellectual curiosity and a genuine builder mindset are critical requirements.
Job description

Ownership and Goverance of the Models

  • Own Apollo's pricing, load, generation and portfolio models end-to-end — design, build, documentation, version control and approval.
  • Develop electricity demand, generation and price forecasting capability, applying appropriate optimisation, simulation and stochastic techniques.
  • Build decision-support tools for commercial, procurement and trading decisions.
  • Take full accountability for every output the modelling function produces, whether built personally or by the team.
  • Work directly alongside the existing modeller — building, reviewing, correcting and interrogating models hands-on — and be able to defend every material assumption and output.

Measurement of Exposure

  • Measure, monitor and report Apollo's volume, shape, imbalance, curtailment, basis, escalation, credit and liquidity exposures.
  • Develop stress-testing and scenario-analysis frameworks, and quantify downside under adverse market, weather and counterparty conditions.
  • Recommend risk appetite, exposure limits and escalation thresholds for Board approval.
  • Report performance against risk limits to the executive, the Apollo Board and Reunert Group risk and audit functions.

Forecasting, Trading and Settlement Capability

  • Lead development of Apollo's forecasting and Energy Trading and Risk Management (ETRM) systems and the controls around them.
  • Build the reconciliation, settlement and trading capability Apollo requires, with straight-through processing from origination to settlement and integration with finance and reporting.
  • Operationalise signed GPPAs and CPPAs into the desk — nominations, scheduling, settlement, invoicing, reconciliation and dispute support.

Assurance over Commercial Agreements

  • Verify that the commercial terms in each GPPA and CPPA are consistent with the assumptions used in Apollo's models, and flag divergence before signature.
  • Quantify how proposed contract terms affect value and risk, and advise the executive accordingly.

 Analytical Consequences of Market Developments

  • Own the analytical and operational consequences of market developments, including SAWEM readiness and trading capability development.
  • Model the impact of regulatory, wheeling, tariff and market-structure change on Apollo's book, pricing and exposures
Leadership and Executive Contribution
  • Take full ownership of Apollo's modelling function, including the existing modeller who reports into this role, and grow a small multidisciplinary team spanning analytics, trading and risk.
  • Develop the existing modelling resource deliberately, setting technical standards and reviewing work against those standards.
  • Serve on the Apollo Executive Committee; contribute to strategy, budget and major commercial decisions and robustly challenge their analytical and risk implications.
  • Communicate complex quantitative insight in clear commercial language to the executive, the Apollo Board and Reunert Group functions.

Minimum requirements

  • Degree in Actuarial Science, Mathematics, Statistics, Engineering, Economics, Finance, Operations Research, Computer Science or a related quantitative discipline.
  • Postgraduate qualification advantageous.
  • At least eight years of relevant professional experience.
  • Essential: Demonstrable evidence of having personally built and owned models used for actual pricing and risk decisions. Candidates should expect to explain their own models in detail during the selection process. Supervisory experience alone will not be sufficient — the role requires the technical depth to build, review and correct the work of the modelling team.
  • Experience in one or more of: energy markets, banking, insurance, treasury, commodity markets, quantitative risk management, infrastructure investment, energy analytics or market modelling.
  • Demonstrated experience building pricing models, forecasting tools, optimisation frameworks, scenario-analysis tools or risk-management models.
  • Strong command of Python, SQL, Power BI, advanced Excel and related analytics platforms.
  • Strong understanding of risk management, portfolio management and decision-making under uncertainty.
  • Experience leading teams, projects or business functions.
 
Advantageous
  • Energy-market experience — electricity trading, wheeling, NERSA, SAWEM and SAPP exposure.
  • Cape Town based, or willing to relocate to Cape Town.

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