Professional Alternatives
Risk Control Analyst (Power)
Professional Alternatives, Houston, Texas, United States, 77246
To Apply for this Job Click HereJob ID#:
23123
POWER RISK CONTROL ANALYST,
Global Risk Management
Houston, TX
Reports to the Risk Control Manager and Global Risk Leadership
Hybrid Work Schedule
Role Accountabilities:
Overall role is part of the middle office risk team responsible for market risk control, including:
risk identification
measurement
monitoring
and disclosure across various energy commodity assets.
Leads risk management analysis, monitoring, and reporting for Power trading activities, including open positions, valuation controls, and MTM valuation.
Provide daily explanations on applicable metrics and limits.
Coordinate and review deals and prices in the trading system, performing deal checks, price validation, curve updates, and data reconciliation.
Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure transaction integrity in the trading system.
Analyze commodity exposure and forward price movements for the company’s multi-products trading activities, maintaining and enhancing risk models.
Test new risk calculations, evaluate model assumptions against fundamentals, and suggest modeling/valuation enhancements.
Communicate effectively with Front Office, Operations, Back Office, and Finance teams on inputs and assumptions.
Work closely with Traders to quantify and explain sources of risk in their portfolios.
Contribute to the reporting of trading results and positions to Senior management.
Ensure best control practices, operational efficiency, and policy/limit compliance by working with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control.
Ensure compliance with internal trading limits.
Provide accurate and independent analysis, valuation, and reporting of risk positions and trading results.
Adhere to external regulatory compliance requirements.
Coordinate with Compliance to ensure compliance requirements are met.
Support process improvements, including system testing, implementations, and desk-level processes.
Identify and communicate operational risks, defining risk mitigation measures and priorities.
Requirements and Qualifications:
Degree in economics, finance, business, mathematics, or a quantitative discipline.
Comprehensive understanding of risk management methodologies and valuation models.
Solid understanding of MTM, VaR, and quantifying position exposures.
Experience in Power Risk Management, particularly in North American power ISOs (ERCOT, PJM, CAISO) is a MUST.
Strong understanding of Power pricing structures and experience validating power prices with external sources.
Proficiency in Power BI, Python, or other data management software like Alteryx.
Strong analytical and problem-solving skills with a high degree of accuracy and efficiency under set deadlines.
High levels of flexibility regarding working hours.
Will NOT sponsor employment visas or those on time-limited visa status.
Fast-paced trading environment with time-sensitive, business-critical activities.
Collaborates with Front, Mid, Back Office, Finance, Compliance, and ETRM System IT.
Qualified inquiries:
Primary contact: stucker@proalt.com
Secondary contact: rreyna@proalt.com
To Apply for this Job Click Here#J-18808-Ljbffr
23123
POWER RISK CONTROL ANALYST,
Global Risk Management
Houston, TX
Reports to the Risk Control Manager and Global Risk Leadership
Hybrid Work Schedule
Role Accountabilities:
Overall role is part of the middle office risk team responsible for market risk control, including:
risk identification
measurement
monitoring
and disclosure across various energy commodity assets.
Leads risk management analysis, monitoring, and reporting for Power trading activities, including open positions, valuation controls, and MTM valuation.
Provide daily explanations on applicable metrics and limits.
Coordinate and review deals and prices in the trading system, performing deal checks, price validation, curve updates, and data reconciliation.
Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure transaction integrity in the trading system.
Analyze commodity exposure and forward price movements for the company’s multi-products trading activities, maintaining and enhancing risk models.
Test new risk calculations, evaluate model assumptions against fundamentals, and suggest modeling/valuation enhancements.
Communicate effectively with Front Office, Operations, Back Office, and Finance teams on inputs and assumptions.
Work closely with Traders to quantify and explain sources of risk in their portfolios.
Contribute to the reporting of trading results and positions to Senior management.
Ensure best control practices, operational efficiency, and policy/limit compliance by working with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control.
Ensure compliance with internal trading limits.
Provide accurate and independent analysis, valuation, and reporting of risk positions and trading results.
Adhere to external regulatory compliance requirements.
Coordinate with Compliance to ensure compliance requirements are met.
Support process improvements, including system testing, implementations, and desk-level processes.
Identify and communicate operational risks, defining risk mitigation measures and priorities.
Requirements and Qualifications:
Degree in economics, finance, business, mathematics, or a quantitative discipline.
Comprehensive understanding of risk management methodologies and valuation models.
Solid understanding of MTM, VaR, and quantifying position exposures.
Experience in Power Risk Management, particularly in North American power ISOs (ERCOT, PJM, CAISO) is a MUST.
Strong understanding of Power pricing structures and experience validating power prices with external sources.
Proficiency in Power BI, Python, or other data management software like Alteryx.
Strong analytical and problem-solving skills with a high degree of accuracy and efficiency under set deadlines.
High levels of flexibility regarding working hours.
Will NOT sponsor employment visas or those on time-limited visa status.
Fast-paced trading environment with time-sensitive, business-critical activities.
Collaborates with Front, Mid, Back Office, Finance, Compliance, and ETRM System IT.
Qualified inquiries:
Primary contact: stucker@proalt.com
Secondary contact: rreyna@proalt.com
To Apply for this Job Click Here#J-18808-Ljbffr