Jr Risk Analyst-Power - Houston - OPTIMUS (TX)

    OPTIMUS (TX)
    OPTIMUS (TX) Houston

    3 days ago

    $80,000 - $120,000 (USD) per year
    Description

    A very large US power generation company needs a Jr Power/Natural Gas Risk Analyst to support their Houston trade floor.
    Qualified candidates, please send your resume to your Optimus recruiter or me at Jennifer.-
    Job Responsibilities
    Support senior staff to develop/maintain risk models and reports that accurately capture material risks specific to market/asset/region and trading strategy.

    • Produce and analyze daily P&L, conduct portfolio valuation, and perform detailed position analysis to assess risk exposures, sensitivities, and performance attribution
    • Adherence to risk management policies with focus on maintaining effective controls for trading and business processes.
    • Support of compliance and audit activities.
    • Interact with traders, originators, accounting staff, and management to understand and answer questions about portfolio positions, changes, and risk factors.
    • Collaborate with I.T. organization to improve the underlying risk system infrastructure (models, calculations, data flows, reports, etc.).
    Job Requirements
    • Bachelor's Degree in a discipline such as business, engineering, or other quantitative discipline with 1-3 years of industry experience, preferably with power/natural gas.
    • Experience within a power generation entity is preferred.
    • Possess a basic understanding of power generation fundamentals, wholesale electricity market structures, and physical and financial power trading mechanisms.
    • Knowledge base should cover a significant subset of the following topics:
      • Model-building skills; experienced with analytical and data manipulation applications such as Excel, SQL, Visual Basic, Python, and other programming languages preferred.
      • Analytical and quantitative skills (preferably with coursework in risk management and option pricing)
      • Ability to analyze large volumes of data and present results in a clear, concise written and oral form
    • High sense of responsibility and ability to work autonomously; able to excel under the pressure of multiple deadlines.
    • Ability to automate routine tasks to create efficiencies in daily processes.
    • Naturally curious team player who is used to diving into issues, brainstorming solutions, and learning new methods and tools to address; results oriented.
    • Willingness to be in office daily, working extended hours when necessary

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