Power Risk Control Analyst

A global leader in the Energy industry, located in Downtown Houston, is looking to hire a Power Risk Control Analyst to sit out of their global Power Trading group. Hybrid schedule, 3 in, 2 remote days/week. Must have experience in risk control around power trading activities. 3 years of experience and a Degree is required. Apply today and contact Alyssa.White@Roberthalf for immediate consideration!

Duties:

• Responsible for leading the risk management analysis, monitoring, and reporting for Power trading activities including open positions, valuation controls, MTM valuation, including daily explanations on applicable metrics and limits
• Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system
• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, back office and Finance team on inputs and assumptions
• Work closely with Traders to quantify and explain the sources of risk in their portfolios
• Contribute to the reporting of Trading Result/ Position to Senior management

• Degree qualified in economics/ finance /business /mathematics or quantitative discipline.
• Comprehensive understanding of risk management methodologies and valuation models.
• Solid understanding of MTM, VaR and quantifying position exposures and other Risk Metrics along with Power Risk Management experience particularly in North American power ISOs, more specifically ERCOT, PJM and CAISO.
• Strong understanding of Power pricing structure including experience in validating power prices with external sources.
• Power BI, Python, or other data management software like Alteryx.
• High degree of accuracy and efficiency under set deadlines.
• Strong analytical and problem-solving skills.

Salary : $110,000 - $130,000