Risk Analyst
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Job Summary
Hydro Aluminium Metal is a leading supplier of extrusion ingots sheet ingots foundry alloys wire rods and high-purity aluminium with a global production network of around 6000 employees. With primary metal production facilities in Europe Canada Australia Brazil and Qatar and recycling facilities throughout Europe and the U.S. two-thirds of our primary aluminium production is based on renewable energy.
What you will be doing
We are seeking an analytical Risk Management Specialist / Risk Analyst to join the Risk Management & Hedging Operations team within Metal Sourcing & Trading (MST) at Norsk Hydros Vækerø office in Oslo.
You will strengthen our risk oversight across aluminium and carbon markets with particular responsibility for trade lifecycle management and the implementation of our European Union Allowance (EUA) hedging portfolio.
MST is responsible for optimizing Hydros global standard ingot portfolio and managing LME aluminium price risk exposure on behalf of the company.
You will:
- Manage the trade lifecycle for LME OTC and EUA transactions
- Monitor risk exposure and contribute to hedging strategies aligned with Hydros net-zero ambitions
- Perform risk assessments stress testing and reporting
- Ensure robust controls compliance and data integrity
- Collaborate with internal stakeholders and external market counterparties
- Build and refine analytical tools (e.g. using Python PowerBI or machine learning) to streamline trade lifecycle management)
What will make you successful
We are looking for an analytical and structured professional with a strong interest in risk management and commodity markets.
You bring:
- A Masters degree in finance economics business analytics or a related field
- 05 years of relevant experience
- Strong analytical skills and attention to detail
- Proficiency in Excel and Powerpoint experience with Python R Power BI GitHub or Azure DeveOps is a plus
- The ability to work accurately under pressure
- Strong communication skills and good command of English
Curiosity drive and a continuous improvement mindset will help you succeed in this role.
What we offer you
Hydro Aluminium Metal is a leading global aluminium supplier with strong sustainability ambitions and a clear net-zero pathway.
We offer:
- A key role in supporting Hydros risk and sustainability agenda
- Exposure to global commodity and carbon markets
- A collaborative and competent working environment
- Opportunities for professional growth
- Competitive compensation and benefits
Hydro Aluminium Metal is a leading global aluminium supplier with strong sustainability ambitions and a clear net-zero pathway.
Equal opportunities
At Hydro we believe diversity makes us stronger. We welcome diverse experiences and perspectives and invite all qualified candidates to apply. We review every application fairly and strive to provide equal opportunities for everyone to grow and succeed.
Apply before: 03/22/2026
If you have any questions please contact:
Hiring manager
Peder Morten Engebretsen
(Norway 47)
Recruiter
Gemma Scipioni
(Norway 47)
Required Experience:
IC
Key Skills
- ISO 27001
- Microsoft Access
- Risk Management
- Financial Services
- PCI
- Risk Analysis
- Analysis Skills
- COBIT
- NIST Standards
- SOX
- Information Security
- Data Analysis Skills
About Company
Hydro is a leading aluminium and renewable energy company that builds businesses and partnerships for a more sustainable future. We have 33,000 employees in more than 140 locations and 40 countries.
