Analyst, Power Market Risk

Total Rewards Constellation offers an extensive selection of benefits and rewards to help employees thrive professionally and personally. We provide competitive compensation and a wide range of benefits that support employees and their families, including a bonus program, 401(k) with company match, employee stock purchase program, comprehensive medical, dental and vision benefits, robust wellbeing programs; disability and life insurance benefits; paid time off for vacation, holidays, and sick days; and much more. Expected salary range of $79,200 to $88,000, varies based on experience, along with a comprehensive benefits package that includes bonus and 401(k). Primary Purpose of Position The successful candidate will be an integral part of the risk management function of Constellation. The wholesale power marketing and trading organization is responsible for optimizing the profitability of a growing portfolio of assets and load obligations as well as implementing risk management objectives. The Market Risk function oversees market risk dynamics and their impacts on Constellation’s total portfolio. As a key contributor to the regional Power Portfolio, this role supports the desk manager in monitoring market risks by identifying key risk drivers, analyzing exposures, and assessing P&L impacts from price movements, position changes, and market dynamics. It involves helping to develop and enforce risk limits, tracking portfolio sensitivities and option Greeks, and collaborating on strategies to mitigate downside risk while enhancing profitability. Acting as the primary liaison between the Market Risk Group and the trading desk, the individual becomes a subject‑matter expert on the portfolio, ensuring objective daily risk oversight. Responsibilities also include flagging and communicating risk concentrations, limit breaches, and significant exposures to both Commercial and Risk teams, while building deep expertise in the energy industry covering regional market rules, physical operations, generation assets, customer agreements, and structured transactions. Primary Duties and Accountabilities Provide daily update of risks and positions for specified region(s) - including significant changes. Use quantitative methods to develop new frameworks and perform ad‑hoc analyses for risk limits and guidelines as required by business activity, market events, or changes in risk appetite. Raise potential issues to Market Risk Management. Enforce compliance with trading limits as well as market risk policies and procedures. Calculate, streamline, and automate risk metric processes to improve efficiency and maintain high quality standards. Establish and strengthen active dialogue with portfolio managers to understand and quantify emerging market risks and hedge strategies. Prepare analysis for Risk Management Committee meetings and provide special or ad‑hoc analysis to support various management meetings. Minimum Qualifications Bachelor’s Degree in a related field. 2‑years of related experience including at least 1‑year in energy or financial product risk management. Experience with PowerBI. Demonstrated proficiency in statistics, financial modeling, and options theory. Demonstrated ability to work effectively and independently in a fast‑paced and rapidly changing environment. Demonstrated ability to challenge the status quo while engaging constructively when challenged. Excellent academic background. Experience in energy markets. Strong organizational, time management, and problem‑solving skills. Advanced proficiency with Microsoft Office applications (e.g. Microsoft Excel, PowerPoint, etc.). Excellent interpersonal and communication skills, including verbal and written. Ability to effectively collaborate and present to other professionals and/or senior leadership in a concise and confident manner. Demonstrated experience working independently and managing assigned responsibilities with minimal supervision. Proven ability to work effectively both independently and collaboratively in team environments. Has acquired a high level understanding of the group’s overall processes, with process improvement in mind. Ability to work effectively under high stress situations in dynamic, fast‑paced environments. Knowledge of business practices and processes related to role. Exhibit strong problem‑solving, analytical, and critical thinking skills. Preferred Qualifications Master’s degree in Finance, Economics, Business Administration or Engineering. Experience with VBA, PowerBI, Python, MATLAB, or SQL. Proven understanding of price and volumetric risk and their application to hedging load and generation positions. Demonstrated understanding of energy related contracts. Equal Employment Opportunity Constellation is proud to be an equal opportunity employer. Employees or applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. #J-18808-Ljbffr Constellation