Houston, TX

A power generation company is searching for an experienced Market Risk professional to support its power trading desk focusing on the risk reporting within its IPP/Renewables Generation and LNG businesses. This position is a combination of market risk, risk reporting and PnL reporting activities. Responsibilities include:

 

  • Monitoring, analyzing and reporting market risk including Value at Risk (VaR), GMaR, Gen Delta, PFE and portfolio stress testing;
  • Producing and analyzing daily position reporting, P&L reporting and P&L attribution for wholesale trading, generation, structured transactions and retail businesses;
  • Communicating with traders and internal stakeholders to understand fundamental power market conditions; report on trends and risks associated with the power desk;
  • Assisting with modeling of capacity and congestion;
  • Enhancing existing valuation models;
  • Helping with the build out and launch of a new ETRM system; and
  • Developing tools to enhance analysis and improve processes.

 

Positions are available at both the Analyst and Senior Analyst levels. Educational and professional requirements include a bachelor’s degree in Finance or related field (advanced degree preferred); 2-10 years’ experience in market risk analysis and risk valuation of wholesale power generation, wholesale power trading or of a retail power business; experience with financial derivatives; fundamental knowledge of US gas and power markets; experience modeling power plant generation; experience with ETRM systems (EKA/ION is a plus); and programming skills in VBA, Matlab, Python, R, SAS or other financial modeling language. Submit resumes to chynes@salthillgroup.com.