New York, NY

A global energy trading & marketing firm is searching for an experienced/senior risk control professional to focus on risk and middle office activities of a physical and financial power portfolio including structured deals and transactions (load deals, full requirements contracts, tolling agreements, block and shaped products, ancillary products, unit-contingency deals, options/heat rate call options, etc.).  There is close interaction with the power & origination trading teams, as well as upper management. Key responsibilities include:

 

  • measuring, valuing, and reporting the daily mark-to-market P&L;
  • validating price curves;
  • understanding the trading portfolios and strategies in conjunction with the overall power markets from a risk, liquidity and fundamental perspective;
  • providing risk control and analysis for power structured deals and transactions (heat rate call options, tolling, load-following, full-requirements, etc.),
  • providing management commentary on trading activity;
  • monitoring trader risk to ensure compliance with control policies and trader limits;
  • supporting the electricity / power desk with reporting and ad hoc analysis;
  • supporting the cash forecast and accounting processes;
  • participating in projects to automate and streamline processes.

 

Professional and educational requirements include a bachelor’s degree in Finance or related numerate field; 7-12 years’ experience in risk, trade reporting, valuations, product control, or a middle-office PnL role supporting a power trading desk; strong working knowledge of the physical and financial electricity/power markets; ability to communicate complex trading transactions; ability to communicate with company executives on control issues and processes; and advanced technology skills including Excel/VBA/SQL are a plus. Submit resumes to chynes@salthillgroup.com.