<div><b>⚡About Amber</b></div><div><br></div><div>Amber is an <b>entirely new way of thinking about buying, banking and selling energy</b> – where home energy technology works to put money back in customers’ pockets and accelerate the renewable energy transition. Everything we build is about making that possible and putting traditional retailers in the shade.</div><div><br></div><div>We believe the <b>cheapest, fastest and most rewarding way to reach 100% renewables</b> is to automate the growing wave of home batteries and EVs. Customers get <b>direct access to the real-time wholesale electricity price</b> and the technology to shift energy usage to the times when cheaper renewables are available in the grid and export to the grid at times when the price they can be paid for it is highest.</div><div><br></div><div>We are backed by <b>Australia’s leading VCs (including Square Peg Capital, Main Sequence Ventures, Rubio Impact Ventures, and Breakthrough Victoria)</b>, impact-focused investors and individuals, and <b>most recently by Commonwealth Bank, NRMA, Gentrack and ETF Partners (UK/Europe based)</b>.</div><div><br></div><div>We are <b>growing rapidly and have thousands of customers</b> who love what we are doing and a great product that will play a significant role in driving <b>Australia and the world</b> towards a renewable future.</div><div>We’re now at a critical moment in taking the business to real scale as we disrupt a huge market for the better. You’d be a part of a <b>rapidly growing team of over 150</b>, with expertise across energy, technology, marketing, and operations. 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.</div><div><br></div><div><b>Amber for Batteries</b> **unlocks more value for homeowners with batteries, driving down their energy bills and their payback periods. By storing energy when it’s cheap and exporting it to the grid for wholesale feed-in rates of up to $19/kWh, Amber’s software is completely changing the economics of home batteries and accelerating the energy transition.</div><div><br></div><div><b>Amber for EVs</b> is our EV smart charging solution that helps EV owners save on their charging costs by using more cheap, renewable energy - whether that’s their own excess solar energy, or renewable energy that’s abundant in the grid. In 2025, we are kicking off development of our game-changing vehicle-to-grid technology.</div><div>Want to help improve the environment by shifting Australia and the world’s energy usage towards renewables?</div><div><br></div><div><b>💻 About the Role</b></div><div><br></div><div>The Amber Electricity product is Australia's leading electricity flexibility product. We pass-through real-time wholesale electricity directly to customers, allowing them benefit financially while supporting the energy transition.</div><div><br></div><div>Our model has proven robust through energy cycles over the last 7 years, but does create unique hedging and risk dynamics (for example our <a href="https://help.amber.com.au/hc/en-us/articles/360037454851-Does-Amber-offer-any-kind-of-price-protection">Price Protection Guarantee</a>), as well as more conventional hedging challenges (for example, around environmental certificates price risk management).</div><div><br></div><div>The Senior Hedging Manager is responsible for developing and executing risk management strategies to hedge commodity price exposure, particularly for electricity and  related energy products. The role requires individuals who have deep understanding of best practices in managing commodity risks, combined with first-principles thinking to design appropriate risk-management strategies for a unique value proposition. The role supports the company’s commercial and financial objectives by ensuring effective protection against market volatility, while complying with regulatory and internal risk frameworks.</div><br><br><h3>👉🏽 Key Responsibilities</h3><ul><li><b>Hedging Strategy &amp; Execution </b></li><li>Develop, execute, and monitor hedging strategies to manage exposure to energy market risks (wholesale electricity, renewable certificate schemes, carbon credits, etc.).</li><li>Evaluate market conditions, price forecasts, and commercial positions to recommend appropriate hedging instruments.</li><li>Develop and manage electricity price hedging strategies (e.g. swaps, caps, floors, options) aligned with our unique wholesale pass through business model.</li><li>Maintain and update hedge books in accordance with risk limits and financial policies.</li><li>Execute hedging transactions via ASX Energy, OTC markets, or bilateral contracts, ensuring alignment with portfolio and physical positions.</li><li>Monitor hedge coverage relative to forecast load, generation, and PPA positions across NEM regions (NSW, VIC, QLD, SA, TAS).</li><div><br></div><li><b>Market &amp; Risk Analysis</b></li><li>Analyse forward price curves, settlement residue auctions (SRAs), and contract-for-difference (CFD) exposures. Conduct scenario analysis, sensitivity analysis, and value-at-risk (VaR) calculations.</li><li>Assess the impact of NEM policy/regulatory changes (e.g. 5MS, capacity mechanism reforms) on hedge requirements and strategy.</li><li>Track market movements, price curves, and macroeconomic factors impacting energy commodity prices.</li><li>Liaise with traders, commercial teams, and risk management to evaluate hedging needs and opportunities.</li><div><br></div><li><b>Performance Monitoring &amp; Reporting</b></li><li>Prepare and present regular hedge effectiveness reports, profit-at-risk (PaR), and sensitivity/VAR analysis to senior management. When required analyze hedge effectiveness under IFRS 9 or equivalent accounting frameworks. Collaborate with finance to ensure compliance with hedge accounting under AASB 9/IFRS 9.</li><li>Provide input into monthly risk and treasury reporting to senior management and the board. Participate in cross-functional NEM risk and strategic planning sessions.</li><div><br></div><li><b>Compliance &amp; Risk Governance</b></li><li>Work closely with legal and compliance teams to structure contracts and ensure proper documentation.</li><li>Support internal and external audit processes relating to hedging and financial instruments</li><div><br></div><li><b>Stakeholder Engagement</b></li><li>Collaborate with finance, marketing and operations to align risk management practices with business needs.</li><li>Engage with external market participants, brokers, and counterparties for market insight and trade execution.</li></ul><h3>🎯 Key Requirements</h3><ul><li>Bachelor’s degree in Finance, Economics, Engineering, or a related field.</li><li>Minimum 5–8 years of experience in energy trading, financial risk management, or NEM market operations.</li><li>Prior experience with ASX Energy, OTC derivative markets, and bilateral trading frameworks.</li><li>Deep understanding of energy markets, forward curves, and derivative pricing (electricity derivatives, financial instruments, and NEM market rules)..</li><li>Deep understanding of NEM dynamics including dispatch, settlement, and FCAS markets.</li><li>Proficient in market data platforms  and risk analytics tools.</li><li>Analytical and quantitative skills in assessing hedge requirements, financial modelling, and scenario testing.</li><li>Excellent communication skills and ability to work cross-functionally.</li></ul><h3>🎉 Benefits</h3><ul><li>At Amber we believe that enabling a culture where everyone at Amber is set up to do the best work of their lives and feels connected and supported is one of the most important things we can do to ensure Amber’s long-term success.</li><li>We’re committed to building a <b>diverse and inclusive workplace</b> and a <b>great culture</b> of people who love coming to work to build a better world.</li><li>You’d be a part of a <b>rapidly growing team of over 150</b> with expertise across energy, technology, marketing, and operations.</li><li>Be part of a <b>growing technology start-up</b> that will shape the future of household and grid energy use.</li><li><b>Flexible working hours</b> with provision for regular work from home arrangements and a central hub in Melbourne CBD.</li><li><b>Equitable gender-neutral parental leave policies.</b></li><li>An <b>external Employee Assistance Plan (EAP)</b> for mental health support.</li><li><b>Competitive salary and share options in Amber.</b></li><li><b>Annual Learning &amp; Development budget</b> to support your personal growth.</li><li>This is a <b>full-time role</b> to be <b>based ideally from Melbourne</b>, but we are also <b>open to considering the right candidate anywhere within Australia</b>.</li></ul><br><div>We have an <b>office in the Melbourne CBD</b>, where we <b>work flexibly between the office and home</b>. For <b>those based in Sydney, work from a co-working space</b> in the city, and the <b>rest of the locations in Australia work from home</b>. We expect to remain Melbourne based but maintain flexibility between the office and WFH.</div><div><br></div><div>🌈 <b>If this kind of work gets you excited, we'd love to hear from you!</b></div><div>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.</div><div><br></div><div>🪄 <b>How to Apply</b></div><div>Please include your resume and a cover letter and tell us:</div><div>What is your understanding of Amber’s wholesale pass through model? Apply your understanding of this model to an approach you could use to hedge against wholesale passthrough risk?</div><div><br></div><div><b>Our hiring process will be:</b></div><div>A screening interview with our talent team</div><div>A take-home case study/assignment/tech challenge that should take no longer than 2-3 hours</div><div>A follow up interview with CFO and Finance team member</div><div>A technical + culture interview</div><div>A final chat with CEO</div><div><br></div><div><b>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.</b></div><div><br></div><div><b>Applications will be accepted only from candidates already based in Australia, preferably Melbourne with full working rights.</b></div><div><br></div><div><b>Shortlisted candidates will be contacted promptly. All other applicants will also be notified of the outcome as soon as possible.</b></div><div><br></div><div><b>No recruitment agencies please. We've got this! Thank you.</b></div>

<p>Founded in 2017 by Chris Thompson and Dan Adams, Amber gives customers dynamic power prices that change depending on the real wholesale value of energy. Customers can pay less by charging your battery when energy is greener and cheaper as well as earn more by exporting when prices increase.</p>
<p>Combined with Amber's smart tech, solar and battery owners have the power to supercharge their savings, take control of their battery and make their energy work harder for them.</p>
<p>Amber is backed by some of Australia&rsquo;s best accelerators and investors, including EnergyLab (Australia&rsquo;s leading energy accelerator) and Startmate (Australia&rsquo;s leading tech accelerator). Investors include Blackbird, Square Peg, Main Sequence, Commonwealth Bank and Black Sheep Capital.&nbsp;</p>
<p>The company has won Startup Vic&rsquo;s Impact Pitch Night, for the best startup focused on making a positive social impact and been named Victorian Start-up of the Year.</p>

Senior Hedging Manager

<div><b>⚡About Amber</b></div><div><br></div><div>Amber is an <b>entirely new way of thinking about buying, banking and selling energy</b> – where home energy technology works to put money back in customers’ pockets and accelerate the renewable energy transition. Everything we build is about making that possible and putting traditional retailers in the shade.</div><div><br></div><div>We believe the <b>cheapest, fastest and most rewarding way to reach 100% renewables</b> is to automate the growing wave of home batteries and EVs. Customers get <b>direct access to the real-time wholesale electricity price</b> and the technology to shift energy usage to the times when cheaper renewables are available in the grid and export to the grid at times when the price they can be paid for it is highest.</div><div><br></div><div>We are backed by <b>Australia’s leading VCs (including Square Peg Capital, Main Sequence Ventures, Rubio Impact Ventures, and Breakthrough Victoria)</b>, impact-focused investors and individuals, and <b>most recently by Commonwealth Bank, NRMA, Gentrack and ETF Partners (UK/Europe based)</b>.</div><div><br></div><div>We are <b>growing rapidly and have thousands of customers</b> who love what we are doing and a great product that will play a significant role in driving <b>Australia and the world</b> towards a renewable future.</div><div>We’re now at a critical moment in taking the business to real scale as we disrupt a huge market for the better. You’d be a part of a <b>rapidly growing team of over 150</b>, with expertise across energy, technology, marketing, and operations. 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.</div><div><br></div><div><b>Amber for Batteries</b>&nbsp;**unlocks more value for homeowners with batteries, driving down their energy bills and their payback periods. By storing energy when it’s cheap and exporting it to the grid for wholesale feed-in rates of up to $19/kWh, Amber’s software is completely changing the economics of home batteries and accelerating the energy transition.</div><div><br></div><div><b>Amber for EVs</b> is our EV smart charging solution that helps EV owners save on their charging costs by using more cheap, renewable energy - whether that’s their own excess solar energy, or renewable energy that’s abundant in the grid. In 2025, we are kicking off development of our game-changing vehicle-to-grid technology.</div><div>Want to help improve the environment by shifting Australia and the world’s energy usage towards renewables?</div><div><br></div><div><b>💻 About the Role</b></div><div><br></div><div>The Amber Electricity product is Australia's leading electricity flexibility product. We pass-through real-time wholesale electricity directly to customers, allowing them benefit financially while supporting the energy transition.</div><div><br></div><div>Our model has proven robust through energy cycles over the last 7 years, but does create unique hedging and risk dynamics (for example our <a href="https://help.amber.com.au/hc/en-us/articles/360037454851-Does-Amber-offer-any-kind-of-price-protection">Price Protection Guarantee</a>), as well as more conventional hedging challenges (for example, around environmental certificates price risk management).</div><div><br></div><div>The Senior Hedging Manager is responsible for developing and executing risk management strategies to hedge commodity price exposure, particularly for electricity and  related energy products. The role requires individuals who have deep understanding of best practices in managing commodity risks, combined with first-principles thinking to design appropriate risk-management strategies for a unique value proposition. The role supports the company’s commercial and financial objectives by ensuring effective protection against market volatility, while complying with regulatory and internal risk frameworks.</div><br><br><h3>👉🏽 Key Responsibilities</h3><ul><li><b>Hedging Strategy &amp; Execution </b></li><li>Develop, execute, and monitor hedging strategies to manage exposure to energy market risks (wholesale electricity, renewable certificate schemes, carbon credits, etc.).</li><li>Evaluate market conditions, price forecasts, and commercial positions to recommend appropriate hedging instruments.</li><li>Develop and manage electricity price hedging strategies (e.g. swaps, caps, floors, options) aligned with our unique wholesale pass through business model.</li><li>Maintain and update hedge books in accordance with risk limits and financial policies.</li><li>Execute hedging transactions via ASX Energy, OTC markets, or bilateral contracts, ensuring alignment with portfolio and physical positions.</li><li>Monitor hedge coverage relative to forecast load, generation, and PPA positions across NEM regions (NSW, VIC, QLD, SA, TAS).</li><div><br></div><li><b>Market &amp; Risk Analysis</b></li><li>Analyse forward price curves, settlement residue auctions (SRAs), and contract-for-difference (CFD) exposures. Conduct scenario analysis, sensitivity analysis, and value-at-risk (VaR) calculations.</li><li>Assess the impact of NEM policy/regulatory changes (e.g. 5MS, capacity mechanism reforms) on hedge requirements and strategy.</li><li>Track market movements, price curves, and macroeconomic factors impacting energy commodity prices.</li><li>Liaise with traders, commercial teams, and risk management to evaluate hedging needs and opportunities.</li><div><br></div><li><b>Performance Monitoring &amp; Reporting</b></li><li>Prepare and present regular hedge effectiveness reports, profit-at-risk (PaR), and sensitivity/VAR analysis to senior management. When required analyze hedge effectiveness under IFRS 9 or equivalent accounting frameworks. Collaborate with finance to ensure compliance with hedge accounting under AASB 9/IFRS 9.</li><li>Provide input into monthly risk and treasury reporting to senior management and the board. Participate in cross-functional NEM risk and strategic planning sessions.</li><div><br></div><li><b>Compliance &amp; Risk Governance</b></li><li>Work closely with legal and compliance teams to structure contracts and ensure proper documentation.</li><li>Support internal and external audit processes relating to hedging and financial instruments</li><div><br></div><li><b>Stakeholder Engagement</b></li><li>Collaborate with finance, marketing and operations to align risk management practices with business needs.</li><li>Engage with external market participants, brokers, and counterparties for market insight and trade execution.</li></ul><h3>🎯 Key Requirements</h3><ul><li>Bachelor’s degree in Finance, Economics, Engineering, or a related field.</li><li>Minimum 5–8 years of experience in energy trading, financial risk management, or NEM market operations.</li><li>Prior experience with ASX Energy, OTC derivative markets, and bilateral trading frameworks.</li><li>Deep understanding of energy markets, forward curves, and derivative pricing (electricity derivatives, financial instruments, and NEM market rules)..</li><li>Deep understanding of NEM dynamics including dispatch, settlement, and FCAS markets.</li><li>Proficient in market data platforms  and risk analytics tools.</li><li>Analytical and quantitative skills in assessing hedge requirements, financial modelling, and scenario testing.</li><li>Excellent communication skills and ability to work cross-functionally.</li></ul><h3>🎉&nbsp;Benefits</h3><ul><li>At Amber we believe that enabling a culture where everyone at Amber is set up to do the best work of their lives and feels connected and supported is one of the most important things we can do to ensure Amber’s long-term success.</li><li>We’re committed to building a&nbsp;<b>diverse and inclusive workplace</b>&nbsp;and a&nbsp;<b>great culture</b>&nbsp;of people who love coming to work to build a better world.</li><li>You’d be a part of a <b>rapidly growing team of over 150</b> with expertise across energy, technology, marketing, and operations.</li><li>Be part of a&nbsp;<b>growing technology start-up</b>&nbsp;that will shape the future of household and grid energy use.</li><li><b>Flexible working hours</b>&nbsp;with provision for regular work from home arrangements and a central hub in Melbourne CBD.</li><li><b>Equitable gender-neutral parental leave policies.</b></li><li>An&nbsp;<b>external Employee Assistance Plan (EAP)</b>&nbsp;for mental health support.</li><li><b>Competitive salary and share options in Amber.</b></li><li><b>Annual Learning &amp; Development budget</b>&nbsp;to support your personal growth.</li><li>This is a&nbsp;<b>full-time role</b>&nbsp;to be&nbsp;<b>based ideally from Melbourne</b>, but we are also&nbsp;<b>open to considering the right candidate anywhere within Australia</b>.</li></ul><br><div>We have an&nbsp;<b>office in the Melbourne CBD</b>, where we&nbsp;<b>work flexibly between the office and home</b>. For&nbsp;<b>those based in Sydney, work from a co-working space</b>&nbsp;in the city, and&nbsp;the <b>rest of the locations in Australia work from home</b>. We expect to remain Melbourne based but maintain flexibility between the office and WFH.</div><div><br></div><div>🌈&nbsp;<b>If this kind of work gets you excited, we'd love to hear from you!</b></div><div>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.</div><div><br></div><div>🪄 <b>How to Apply</b></div><div>Please include your resume and a cover letter and tell us:</div><div>What is your understanding of Amber’s wholesale pass through model? Apply your understanding of this model to an approach you could use to hedge against wholesale passthrough risk?</div><div><br></div><div><b>Our hiring process will be:</b></div><div>A screening interview with our talent team</div><div>A take-home case study/assignment/tech challenge that should take no longer than 2-3 hours</div><div>A follow up interview with CFO and Finance team member</div><div>A technical + culture interview</div><div>A final chat with CEO</div><div><br></div><div><b>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.</b></div><div><br></div><div><b>Applications will be accepted only from candidates already based in Australia, preferably Melbourne with full working rights.</b></div><div><br></div><div><b>Shortlisted candidates will be contacted promptly. All other applicants will also be notified of the outcome as soon as possible.</b></div><div><br></div><div><b>No recruitment agencies please. We've got this! Thank you.</b></div>

Senior Hedging Manager

About the Job

About the Company

Amber Electric

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