- Develop models for gross margin at risk, focusing on projects with market price exposure.
- Establish portfolio risk limits and maintain risk metrics accounting for market correlations.
- Review market price volatility curves and correlation assumptions for risk modeling.
- Benchmark trading strategy performance and set risk limits.
- Utilize portfolio optimization techniques to guide hedge strategy decisions.
- Collaborate with Market Fundamentals and Transmission Team to align long-term views with short-term strategies.
- Support valuation of short-term hedge and PPA amendments.
- Develop hedging strategies for REC, Capacity, Resource Adequacy, and transmission.
- Create gas trading strategies to mitigate risk for conventional assets.
- Collaborate with senior executives to set hedging and risk management strategies.
- Develop market dashboards using Power BI or similar tools.
- Participate in Energy Risk Committee discussions and present pertinent risk issues.
- Lead management reporting on positions and exposures.
- Masters or Ph.D. in Engineering, Mathematics, Economics, or related quantitative field.
- 5-10 years of quantitative experience, preferably in the energy industry.
- Knowledge of US Electricity markets and power systems.
- Proficient in predictive modeling and option valuation.
- Strong programming skills, preferably in Python or R.
- Ability to build Quant Lib and utilize stochastic calculus and Option Models.
- Proficiency in SQL and data mining.
- Ability to construct power fundamental models and analyze large datasets.
- Familiarity with regulatory expectations and industry standards in risk management.
- Experience in valuing and transacting transmission hedging and capacity products.
- Strong relationships with credit and risk professionals.
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Risk Manager
1 week ago
TRANSWESTERN COMMERCIAL SERVICES, L.L.C. Houston, United StatesTranswestern Real Estate Services adds value for investors, owners, and occupiers of all commercial · property types through comprehensive solutions grounded in sound market intelligence. Part of the · Transwestern companies, the firm applies a consultative approach to Agency Lea ...
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AES Corporation Houston, United StatesWe are looking for an Operational Risk Manager, this is a dual-faceted role focused on helping our US Renewables business grow in a responsible way by focusing on how our renewable assets are interacting with the market and anticipating new and emerging risks to the enterprise. T ...
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CenterPoint Energy Houston, United States**Date**:May 7, 2024 · **Location**: Houston, TX, US, 77002 · **Company**:CenterPoint Energy · **CenterPoint Energy and its predecessor companies have been in business for more than 150 years.** · **Our Vision**: Our vision is to become the most admired utility in the United Stat ...
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Clayton Services Houston, United StatesClayton Services is searching for a Property & Casualty Risk Manager to join a thriving company in Northwest Houston. The Property & Casualty Risk Manager will be responsible for overseeing the organization's comprehensive insurance and risk management programs, assessing, and ...
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Transwestern Houston, United States Full timeTranswestern Real Estate Services adds value for investors, owners, and occupiers of all commercial · property types through comprehensive solutions grounded in sound market intelligence. Part of the · Transwestern companies, the firm applies a consultative approach to Agency Lea ...
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Axiom Space Houston, United StatesAxiom Space is building for beyond, guided by the vision of a thriving home in space that benefits every human, everywhere. The leading provider of human spaceflight services and developer of human-rated space infrastructure, Axiom Space operates end-to-end missions to the Intern ...
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Risk Manager
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Sempra Energy Houston, United StatesJob Description · Primary Purpose · Responsible for market, and operational risk management of the Commercial Optimization Team (CO). Mentor and provide training to team members across the CO. Lead the design and implementation of the group's risk management framework, processes ...
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Risk Manager
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Risk Manager
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INTECSEA Houston, United StatesACCOUNTABILITIES: The duties and responsibilities for this role are as follows: · - Create guidelines for the creations of risk management plans for projects of different types, sizes and complexity; · - Mentor and coach risk managers on projects; · - Develop training plan for ...
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Risk Manager
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Project Risk Manager
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Consultant- Risk Management
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Power Trading Risk Manager - Houston, United States - Selby Jennings
Description
Position Overview:
Selby Jennings is partnered with a national renewable energy commodity shop to source talent for a Power Trading Risk Manager. The Power Trading Risk Manager will play a pivotal role in implementing a risk framework through quantitative analysis. This individual will ensure that new commercial strategies align with portfolio performance expectations and adhere to risk tolerances. They must possess extensive knowledge of commodity market dynamics, tradable instruments, and risk management practices tailored to renewable resources. Collaborating with management, they will develop, review, and adjust portfolio strategies based on agreed-upon risk scenarios. Working closely with energy traders, they'll develop risk scenarios and assess potential impacts on the portfolio. Although this position does not currently involve direct supervision, it anticipates growth potential in line with the company's aggressive expansion. Remote work options are available.
Locations: This role is able to sit out of Houston, Scottsdale, Denver, Princeton, Carslbad, or San Francisco.
Key Responsibilities:
Key Qualifications:
Compensation: This position has a target compensation banding of $150,000 to $170,000 base salary annually plus an annual target bonus.
Power Trading Risk Manager professionals in Houston
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Rick Neudorff
Business Continuity & Emergency Management Dir.