Job Title:
Market Risk & Portfolio Analytics Advisor
Position Overview:
A key member of the Risk & Finance Group, the Market Risk & Portfolio Analytics Advisor collaborates with front-office teams and other stakeholders to provide analytical insights, market intelligence, and strategic support. This role focuses on evaluating risk management strategies and optimizing P&L within defined risk mandates. The position reports to the Portfolio Analysis Director.
Key Responsibilities:
Develop and assess commercial strategies to balance value and risk across retail supply and renewable energy portfolios, including power, gas, and battery energy storage systems (BESS). Conduct periodic and ad-hoc analysis.
Identify and create cost/risk valuation models for power purchase agreements (PPAs) and investment analysis.
Collaborate with commercial and risk teams to build models for complex structured transactions and conduct post-processing analysis using Excel and other platforms.
Research and analyze historical and forward market prices, market fundamentals, and financial forecast variances to provide strategic recommendations.
Develop and enhance methodologies and tools to assess pricing and risk in commercial transactions.
Utilize benchmarking data to support competitive assessments and valuation processes.
Maintain internal models to track and evaluate asset-specific performance metrics.
Recommend risk mitigation strategies, including offsets and efficiencies in bid-ask spreads and credit exposure.
Conduct economic analyses of structured transactions to support origination and structuring activities.
Participate in knowledge sharing with internal teams and provide insights into market fundamentals, renewable energy development, and PPA pricing opportunities across various ISO markets (ERCOT, PJM, SPP, MISO, NYISO, ISO-NE).
Track regulatory developments, assess their impact on commodity risk positions, and relay findings to front-office teams.
Perform additional duties as assigned.
Qualifications:
Bachelor's degree in an analytical field such as Engineering, Finance, Economics, or Mathematics.
Minimum seven years of business experience, with at least three years of relevant exposure to competitive energy markets, particularly renewable assets and/or retail supply.
Proficiency in advanced modeling techniques using Excel+VBA, SQL, Python, R, or other analytical tools.
Experience handling large datasets and presenting findings effectively to leadership.
Strong understanding of financial derivatives and commodity markets, including power, gas, and environmental products.
Resourcefulness in leveraging various tools, data sources, and analytical methods.
Familiarity with wholesale and retail energy markets, with experience in at least two major ISO markets (e.g., ERCOT, PJM, SPP, MISO, NEPOOL, NYISO).
Knowledge of integrated portfolio valuation and risk management strategies.
Experience with BESS modeling and ETRM systems is a plus.
Strong analytical skills, ability to structure and defend recommendations, and capacity to manage multiple priorities.
Effective communication and presentation skills, with the ability to articulate complex analyses to stakeholders.
Team-oriented mindset with a capability to operate within a matrixed structure and manage stakeholder expectations.
This opportunity offers a dynamic environment for professionals seeking to apply their expertise in market risk and analytics to drive strategic decision-making and optimize portfolio performance.
