Principal Market Risk Analytics

Principal Market Risk Analytics

The Principal, Market Risk Analytics is responsible for analyzing financial and credit / collateral risks associated with energy trading and marketing activities, including the corresponding retail activity. This includes identifying and assessing potential risks, developing and implementing quantitative modeling, and monitoring and reporting on risk exposures. The position may also be responsible for developing, deploying and maintaining risk management tools.

Essential Duties / Responsibilities :

• Evaluate the financial, credit and collateral exposure of complex integrated energy portfolios under dynamic market conditions
• Conduct financial analysis and modeling to evaluate the financial and risk profile of potential transactions, along with the associated credit and collateral implications
• Perform model validations to ensure compliance with internally accepted risk frameworks
• Knowledge of non-linear products (i.e., options), tolling agreements, and renewable power
• Support the origination and execution of new business opportunities, including highly structured transactions, on a timely manner
• Develop algorithms and predictive models to support risk management decisions, often customized to different market participants frameworks (i.e. ISOs)
• Leverage problem solving, analytical skills, and new technologies to enhance and automate various risk processes
• Responsible for developing centralized view of existing assets and prospective new transactions for scenario analysis that assemble disparate data sources
• Work with senior risk managers to engage with portfolio managers and research analysts on topics such as risk limit usage, portfolio construction, tail exposure, and forward-looking risk events
• Perform other duties as assigned

Minimum Requirements :

Preferred Qualifications :

Additional Knowledge, Skills and Abilities :

Working Conditions :

Why NRG is a great place to work :