Powering your life | Market-leading salaries | Yearly EBA increases
Get paid to play | Annual leave loading | Salary sacrificing options.
Based at either Newstead, Rockhampton, Mackay, Maryborough or Townsville
Your future is Energy QueenslandEnergy Queensland and our operational brands—Energex, Ergon Energy Network, Ergon Retail and Yurika—are at the forefront of powering progress across the state.
As Australia's largest government-owned electricity organisation, we deliver reliable energy to over two million customers while leading Queensland's renewable energy future.
With more than a century of experience behind us, you'll find meaningful work that makes an impact—whether you're growing your career or mastering your craft.
Join a team driving change for today and tomorrow.
Your future starts here.
Your opportunity:
As ourPrincipal Quantitative Risk Specialistwithin ourErgon Retail Division, you will be based at eitherNewstead, Rockhampton, Mackay, Maryborough or Townsvilleand will be key to Energy Queensland's continued success and growth.
ThePrincipal Quantitative Risk Specialistplays a key role in monitoring, analysing and reporting financial and market risks associated with Ergon Energy Queensland's (EEQ) participation in the National Electricity Market (NEM).
This position leads the development and enhancement of advanced quantitative risk models and methodologies, including market, credit, cash flow and margin-at-risk frameworks, while ensuring compliance with policies and procedures.
Amplify your impact:
Provide expert advice and actionable insights to assist the Manager Retail Risk to support trading strategies, risk mitigation and strategic decision-making, and delivers accurate portfolio risk positions, performance, valuation and risk exposure analysis to senior stakeholders.
Mentor and lead risk analysts,



proactively identify and reports risk issues or potential non-compliance, and collaborate across the organisation.
A strong commitment to safety, inclusion, confidentiality and continuous improvement is essential to success in this role.
The remuneration for your new role starts from $219,962 per annum + *****% superannuation for a 10-day fortnight.
From $191,274 per annum + *****% superannuation for a 9-day fortnight.What's on offer?
At Energy Queensland, we believe in supporting every aspect of your career and personal life.
Here's what you can expect:
Invest in your future:Secure employment, *****% superannuation with a fund of your choice and comprehensive income protection to ensure your financial security.
Flexibility that works:Flexible working arrangements, including up to 50% work-from-home options for applicable roles.
Leave for real life:Access to additional health and wellbeing, culture and diversity leave options.
Explore our perks webpage to see how Energy Queensland supports and empowers your journey.What you'll bring:
Bachelor Degree in a quantitative discipline eg.
Mathematics, Finance, Engineering, Economics or Information Technology and/or equivalent demonstrated experience.
Demonstrated robust quantitative analysis abilities and development skills in quantitative tools and languages (Matlab or Python).
Advanced quantitative modelling skills, including understanding of stochastic modelling (in particular simulation of non-normal multivariate processes)



and experience in developing at risk models.
Detailed understanding of theory and demonstrated practical application of mark to market valuation, margin at risk, credit risk, cash flow at risk and valuation of complex electricity derivatives.
We'd also love you to have:While not essential, Post Graduate qualifications in Mathematics, Finance or a related area will be advantageous with relevant Industry Accreditation.
Demonstrated high level analysis skills and ability to interpret complex data.
Ability to work under pressure, both autonomously and in a team environment to meet deadlines and time commitments while managing multiple priorities.
What matters most?
For us, it's our values:
We're Safe – We Belong – We Grow – We Deliver.
If you're going to be a part of our team, these should matter to you, too.The future of energy is here.
It just needs you:
Apply now with your resume and a brief cover letter highlighting why you're interested in the role.
If you use AI tools to support your application, ensure it reflects your experience and authentic voice.
Applications close 11:30pm, Wednesday 15th July ****.
We will be reviewing applications as they are received and arranging interviews for suitable candidates as soon as possible.
This might result in applications closing earlier than advertised and encourage you to apply asap.
Need more info?
Contact:
Nathan Salisbury | Manager Retail Risk | ******** ***; or
Conor Mitchell | Recruitment Advisor | ******** ***
At EQL, it's important that everyone belongs:
We value the differences individuals contribute to our workforce and encourage a diverse range of applicants to apply.Click here to view more information on diversity and inclusion at Energy Queensland.
Position Description Opens in new window

📌 Principal Quantitative Risk Specialist (Townsville)
🏢 Energy Queensland
📍 Townsville