Senior Analyst, Market Risk Analytics

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Job Summary :

The Senior Analyst 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

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 assembling disparate data sources to create a centralized view for scenario analysis of existing assets as well as prospective transactions

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 :

Bachelor's Degree from an accreted college or university is required

Minimum of five (5) years of energy electric or gas industry experience

Experience with Stochastic / Monte Carlo methods

Strong quantitative skills, including proficiency in modeling with Python large data sets with complex data feeds

Preferred Qualifications :

Bachelor's degree from an accredited college or university in a mathematics-oriented discipline (e.g. Statistics, Mathematics, Engineering, Economics, Finance, etc.) is a strong plus

Proficiency with data management and analytical tools (i.e., Power BI, SQL tools) is a strong plus

Programming skills with at least one scripting language other than Python (i.e., VBA, Matlab, R)

Familiarity with concepts of mathematical programming and market risk modeling practices

Additional Knowledge, Skills and Abilities :

Detail oriented and able to produce accurate work products under rapidly changing priorities

Ability to work independently and manage multiple projects simultaneously

Experience with trading and risk management systems like Aligne, Endur, etc. is a plus

Strong written and verbal communication skills

Working Conditions :

Hybrid work environment with 3 days per week in office and 2 days remote

Trade floor / open office environment with frequent collaboration within and across teams

Majority of work performed on a personal computer in a seated position

Why NRG is a great place to work :

Great company culture!! Voted as a BEST employer by Forbes

A competitive total compensation package, including annual incentive and / or commission

Stock Purchase Plan

Benefits on the first day of employment -Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.

Company-paid life insurance and disability insurance

401 (k) plan to help save for retirement

Numerous discounts, including electricity discounts on NRG brands

Why NRG is a great place to work :

• Great company culture!! Voted as a BEST employer by Forbes
• A competitive total compensation package, including annual incentive and / or commission
• Stock Purchase Plan
• Benefits on the first day of employment -Medical, Dental, Vision, Life Insurance, and Short Term Disability, Wellness program, etc.
• Company-paid life insurance and disability insurance
• 401 (k) plan to help save for retirement
• Generous Flexible FTO plan, where you take the time you need; also includes 11 company holidays, and 1 floating holiday
• Numerous discounts, including electricity discounts on NRG brands

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing.

EOE AA M / F / Vet / Disability. Level, Title and / or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Talent.