A global power + nat gas supply and trading firm is hiring a Director to join the front office market risk team in Houston.
The firm is a leader in the renewable energy transformation, and this individual will oversee trading in the wholesale portfolio. Product focus will include NA Power, Renewable Energy, Battery Storage, Nat Gas and Gas Storage, PPAs, FTRs and other Congestion Products, and more.
This role will manage two Quant Risk Analysts and report to the Head of Market Risk.
You will work directly with several desk heads to improve trading and hedging strategy - it's a very commercial risk role, focusing primarily on maximizing PnLs across the firm.
- Collaborate with energy traders in the front office, challenging the business when necessary
- Design and enhance hedging strategy and risk methodology
- Identify risk-aware trade opportunities, adjust risk limits, and deploy capital across desks
- Oversee risk model development and curve construction
- Recommend and present portfolio strategy enhancements at risk committee meetings
- 10+ years of market, credit, or counterparty risk experience with at least 5+ years in the energy industry
- NA Power or Nat Gas Experience required, renewables coverage strongly preferred
- Strong understanding of physical energy markets
- Commodity derivative/option pricing and risk modelling
- Excellent communication and presentation skills