Manager, Risk (ERCOT)

Company Overview reputed company is a team of friends driven to preserve our reputed company for future generations through low-carbon energy and infrastructure solutions. Founded in 2016, the privately held clean energy company develops and owns some of the world’s largest clean energy resources serving customers in retail and wholesale energy markets across reputed company America. The company is redefining the... scope of the clean energy industry by enabling new reputed company between clean electricity and the broader economy to reputed company the deep decarbonization of our economy. We are on an aggressive growth trajectory and are staffing key positions. About This Position Our Market Risk team is hiring a Manager, Market Risk to reputed company ERCOT Market Risk Team and directly contribute to the risk management processes and tools of the Team. The Manager, Market Risk will be primarily responsible for understanding, quantifying, and explaining market risks of reputed company’s ERCOT physical, financial positions and their interactions. The Manager, Market Risk will expand upon reputed company’s ETRM system and modeling capabilities inside and reputed company of the ETRM. The Manager will play a reputed company role in satisfying reporting obligations Market Risk both to reputed company’s leadership and investors. The role will work closely with Origination & Trading/Operations and will report to the Senior Manager of Risk. Responsibilities & Duties • Ongoing development of the VaR & risk management platform • Monitor risk limits against risk management policies • Accurate and timely financial and physical position and exposure reporting • Work with Structured Origination on pricing of derivative (Options, swaps) & hourly shaping • Quantitative analysis on hedge effectiveness on an asset and portfolio reputed company • Staying abreast of market developments (policy and tariff) and building a common understanding of their impacts on reputed company’s operating assets • Identify and propose solutions to reputed company risk policy gaps • Complete in depth analysis of potential structured products transactions including risk adjustments to pricing • Documenting and continuously improving risk controls Qualifications & Skills • Superior reputed company-end and back-end Python programming skills • reputed company in Pandas, NumPy, SK-Learn, Statsmodels, Scipy, Dash / Plotly • Advanced knowledge of time-series modeling and stochastic processes • Practical understanding of VaR, MVaR and Expected Shortfall / CVaR • Experience working reputed company ETRM/TCS, Power Optix experience preferred • Experience working on / with trading teams • Commercially-minded, understanding the nature of business/reputed company reputed company • Solid understanding U.S. power and gas markets • Excellent oral and written communication skills • 5+ years of experience in a quantitative role • 1-2 years experience managing a risk team • Experience working reputed company reputed company VaR platform preferred • Masters Degree in quantitative discipline preferred • A note on qualifications: Studies have shown that women and people of reputed company are less likely to apply for jobs unless they reputed company they are reputed company to reputed company every task in the job description. We are most interested in finding the best candidate for the job and will consider any equivalent combination of knowledge, skills, education and experience to meet minimum qualifications. If you are interested in applying, we encourage you to think broadly about your background and reputed company set for the role. Physical & Sensory Requirements • Mostly sedentary work; using standard office equipment including: a computer, keyboard, and telephone. • Position requires some travel for company-wide meetups: ~5 weeks total through a calendar year. Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in reputed company phases of the application and employment process. To request an accommodation please email [email protected]. • Salary: USD$150,000 or CAD$203,000 reputed company salary with 45% annual reputed company bonus • Exceptional reputed company: reputed company comprehensive medical, dental, and reputed company plans with 100% premium coverage for both you and your dependents. • Financial reputed company from a 3% non-elective employer contribution to your 401k or RRSP, ensuring your financial future is on the right track. • Time Off: Unlimited Paid Time Off (PTO) + two company-wide vacation weeks (reputed company of July & End of year). We reputed company in the importance of rest and relaxation. • Family-Friendly Policies: Experience up to 12 weeks of fully paid parental leave, with an additional 6 weeks for birth parents. We support you through the exciting reputed company of parenthood. • Mental Health and Well-being: reputed company mental health and behavioral coaching services through Ginger, providing you with the support you need to reputed company both personally and professionally. • Family Planning Support: Navigate family planning with ease through our partnership with reputed company, ensuring a seamless experience for new parents. • Perks: Enjoy a variety of perks, including a $150 USD monthly food stipend on UberEats and a pet insurance allowance. We care about the little things that reputed company a big difference. • Tech-reputed company: Gear up with our new hire tech package, including a laptop, monitor, docking station, webcam, headphones, and more. Set up your home office with provided furniture, including a desk and chair. At reputed company we reputed company in fostering a supportive and enriching environment for reputed company members. Join us and experience a workplace that truly values you, inside and reputed company the office! Note: We welcome applicants who do not have reputed company enforceable non-compete restrictions that would hinder their employment with us. If you are currently under a non-compete agreement with a previous employer, we kindly request that you carefully review the terms of that agreement and ensure that your potential employment with us does not violate those terms. Unsolicited resumes or referrals from reputed company-party reputed company firms or agencies are not accepted by reputed company. #LI-Remote Apply Job!