Sr. Risk Analyst

Position Overview Reporting to the Director, Risk Management, the Sr. Analyst, Risk will play a critical role in providing analysis, evaluating and communicating risk exposures associated with portfolio assets, asset operations, and trading activities. This member of the FP&A team will not only play a key role in identifying and quantifying financial risk, but they will also have regular interaction with executive leaders as the role (Sr. Analyst, Risk) assumes control of the preparation of weekly Risk Committee materials. Additionally, this professional will serve as the primary risk liaison for ETRM support, specifically managing the risk team’s involvement with the PCI platform. Role and Key Responsibilities Perform daily risk analysis and valuation of trading positions across power markets/ISOs. Calculate and monitor Value-at-Risk (VaR), mark-to-market (MtM), and stress testing. Collaborate with the Commercial Team, (Specifically the Real Time Desk and Hedging/Optimization) to validate strategies, ensure adherence to risk limits, and assess evolving market risks. Support monitoring of any changes in forward positions and hedges, alerting the Director, Risk Management and providing consultation to the FP&A organization on budget projections. Research P&L drivers and any variance from anticipated performance. Collaborate with the Director, Risk Management to ensure compliance with the hedge plans, reporting any violations of the hedge policy to the Risk Management Committee. Collaborate with front-office, back-office, and IT teams to maintain and improve risk data flows and reporting accuracy. Specifically, working closely with middle office and settlements to ensure trade capture and valuation consistency. Support and provide model development for pricing, valuation, and risk metrics using historical and forecast market data. Manage enhancements, configurations, and user support for the PCI ETRM system, ensuring data integrity and operational continuity. Collaborate with front-office, back-office, and IT teams to maintain and improve risk data flows and reporting accuracy. Lead the development and delivery of weekly Risk Committee reports, including portfolio risk exposure, mark-to-market analysis, P&L attribution, and limit monitoring. Monitor market movements and fundamental drivers to provide timely insights into potential risks and impacts on asset positions. Support risk model validation, scenario analysis, and stress testing for the portfolio. Assist in audit, compliance, and regulatory reporting related to trading and market risk activities. Professional and Educational Requirements Bachelor’s degree in finance, economics, engineering, mathematics, computer science or a related field. An advanced degree, and pertinent advanced certifications, are a plus. 5+ years of experience in risk analytics or market operations within the power sector or energy trading. Proficient in ETRM systems, preferably PCI, with a strong understanding of trade capture, valuation, and risk reporting functionalities. Solid grasp of U.S. ISO markets (PJM, NYISO, ISO-NE) and associated power trading and hedging strategies. Robust background with data management and analysis, market analysis, advanced risk management, trading theory and practice, and compliance. Advanced Excel and data analysis skills, SQL, and Python. VAR, Power BI, Tableau, and R, would be considered a plus. Strong written and verbal communication skills with the ability to present complex data to senior leadership. Detail-oriented and self-motivated, possessing the ability to manage multiple priorities in a fast-paced environment. Operates with ease in a trading environment which requires balancing shifting priorities at a moment’s notice and has an innate desire to expand their professional acumen in collaborative environment. AlphaGen is an equal opportunity employer. #J-18808-Ljbffr