Market Risk Analyst

Market Risk AnalystTenaska Marketing Ventures (TMV) is seeking a highly analytical and intellectually curious Market Risk Analyst to join our team in Omaha, NE. The Market Risk Analyst plays a key role in analyzing and valuing a portfolio of commodity trading positions and financial derivatives tied to the natural gas market. This role sits at the intersection of trading, financial analysis, and risk management, providing insight into how market movements impact the value and risk profile of TMV's natural gas trading portfolio.In this position, you will work closely with traders and leadership to ensure transactions are accurately valued, market inputs are properly maintained, and risk exposures are clearly understood. The role combines structured daily and regular reporting responsibilities with deeper analytical work focused on investigating complex transactions, improving valuation methodologies, and supporting informed trading decisions.This is a fast-paced and intellectually challenging environment that is well suited for individuals who enjoy solving complex analytical problems, working with large datasets, and applying statistical and financial concepts to real-world markets.Why Market Risk?Market Risk brings together finance, statistics, economics, and accounting. It's a great opportunity for someone seeking a non-traditional path in finance or accounting within the exciting and dynamic energy industry. Analysts will gain exposure to real-time trading markets and complex financial instruments. It is an excellent opportunity for individuals interested in developing expertise in commodity markets, derivatives valuation, and quantitative risk analysis.Location: This position is onsite in Omaha, NE.Essential Job FunctionsMuch of the analytical work in this role requires judgment due to complexities of deal structures and derivative valuation. The Market Risk Analyst is expected to develop supportable conclusions, clearly explain the assumptions behind those conclusions, and communicate the rationale to traders and senior leadership.Analytical Investigation & JudgmentDevelop and support independent valuation conclusions for complex or non-standard deal structuresInvestigate unusual valuation results or discrepancies, determine root causes, and recommend corrective actionResearch market developments and pricing methodologies that affect valuation accuracyPortfolio Valuation & Risk AnalysisAnalyze and value a portfolio of complex physical and financial natural gas transactions, including derivative instrumentsEnsure valuation models accurately reflect the economic structure of transactionsMonitor and explain daily changes in portfolio valuation driven by market movementsMarket Data & Pricing InputsMaintain and update market data used in valuation models, including forward price curves, volatility assumptions, locational basis, and other key inputsResearch and validate external market data sources to ensure accuracy and reliabilityStructure and maintain the underlying curve and market data sets, including database organization and managementTrading SupportPartner with trading teams to confirm deal economics and validate recently executed deals are captured correctly and accurately as well as validate transaction pricingProvide quantitative support and analysis related to market data, pricing assumptions, and deal structuresProvide actionable insight into the changes observed in the forward natural gas portfolio – including changes in the underlying market as well as highlight risks in the portfolioReporting and CommunicationPrepare and present valuation and risk analysis to senior leadershipRespond to ad hoc questions related to portfolio risk, valuation methodology, or market impactsProcess and Model ImprovementIdentify opportunities to improve valuation methodologies, analytical tools, and reporting processesContribute to the development and refinement of internal valuation models and analyticsTeam DevelopmentCollaborate with and help train junior analysts as neededContribute to a culture of curiosity, analytical rigor, and continuous improvementOther duties as assignedSuccess in This RoleWe value teamwork, curiosity, diverse perspectives, and the resilience to thrive in a challenging environment as they are essential to driving innovation and delivering excellence in our field.Successful analysts in this role tend to be:Team OrientedHighly analytical, with strong attention to detail and intellectual curiosityAble to investigate complex problems and develop well-supported conclusionsComfortable working in a fast-paced, deadline-driven environmentEffective at communicating technical concepts to a range of audiencesMotivated to continuously improve models, processes, and analytical approachesBasic RequirementsBachelor's degree in accounting, finance, economics, statistics, engineering, or another quantitative discipline2+ years of experience in relevant field with exposure to work requiring advanced analytical, technical and/or problem-solving skills, such as financial analysis or modeling, mark to market accounting, derivatives valuation, or trading analyticsInterest in learning derivatives pricing concepts, including forward curves, volatility, and optionalityStrong analytical and quantitative problem-solving skills, including the ability to reach and support a conclusionAdvanced Excel skills including complex formulas, pivot tables, and data analysisAbility to interpret large datasets and translate analysis into clear insightStrong written and verbal communication skillsDependable, reliable and predictable attendance is requiredPreferred RequirementsExperience valuing physical or financial commodity transactionsFamiliarity with natural gas market structure, including locational basis, storage optionality, seasonal spreads, and transportationExposure to derivative pricing concepts, including forward curves, volatility, and optionalityExperience supporting trading desks, risk management teams, or valuation functionsExperience with SQL, Power BI and VBA for data extraction and model automationMaster's degree in a relevant quantitative fieldEmployee BenefitsAt Tenaska we care about the wellbeing of our employees and their families. That's why we offer our employees a comprehensive benefit package. Benefits included below:Health, dental, vision, disability, and life insuranceExcellent 401(k) planIncentive-based, competitive salary packagesHealth/dependent care flex accountsTuition assistanceLong-term disability coverageAdoption benefitsEmployee assistance programPaid vacations and holidaysGenerous sick leaveCharitable giving programPaid maternity/paternity leaveWellness programsApplicants must be authorized to work for any employer in the U.S. The Company is not able to take over sponsorship of an employment visa at this time for this position or commit to doing so in the future for individuals with current authorization to work via, for example, CPT or OPT, and would need sponsorship in the future.