Analyst, Market Risk Analytics Job at NRG, Houston, TX

SHdTR2hQVFZyL0hxbmVUR2FldWpDeElRa0E9PQ==
  • NRG
  • Houston, TX

Job Description

Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier—helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at Connect with NRG on Facebook, Instagram, LinkedIn and X.

 

Job Summary: 

The Analyst, Market Risk Analytics is responsible for analyzing financial and credit/collateral risks associated with energy trading and marketing activities, including the corresponding retail activity. This includes identifying and assessing potential risks, developing and implementing quantitative modeling, and monitoring and reporting on risk exposures. The position may also be responsible for developing, deploying and maintaining risk management tools. 

 

Essential Duties/Responsibilities:

  • Evaluate the financial, credit and collateral exposure of complex integrated energy portfolios under dynamic market conditions
  • Conduct financial analysis and modeling to evaluate the financial and risk profile of potential transactions, along with the associated credit and collateral implications
  • Support the origination and execution of new business opportunities, including highly structured transactions, on a timely manner
  • Leverage problem solving, analytical skills, and new technologies to enhance and automate various risk processes
  • Capable of assembling disparate data sources to create a centralized view for scenario analysis of existing assets as well as prospective transactions
  • Work with senior risk managers to engage with portfolio managers and research analysts on topics such as risk limit usage, portfolio construction, tail exposure, and forward-looking risk events
  • Perform other duties as assigned

 

Minimum Requirements:  

  • Bachelor’s Degree from an accreted college or university is required
  • Minimum of five (2) years of energy electric or gas industry experience
  • Experience with Stochastic / Monte Carlo methods
  • Some knowledge of programming skills (i.e., Python, VBA, Matlab, R) and data management and analytical tools (i.e., Power BI, SQL tools)

 

Preferred Qualifications:

  • Bachelor’s degree from an accredited college or university in a mathematics-oriented discipline (e.g. Statistics, Mathematics, Engineering, Economics, Finance, etc.) is a strong plus
  • Product knowledge in electricity and gas

 

Additional Knowledge, Skills and Abilities:

  • Detail oriented and able to produce accurate work products under rapidly changing priorities
  • Ability to work independently and manage multiple projects simultaneously
  • Experience with trading and risk management systems like Aligne, Endur, etc. is a plus
  • Strong written and verbal communication skills

 

  Working Conditions:

  • Hybrid work environment with 3 days per week in office and 2 days remote
  • Trade floor/open office environment with frequent collaboration within and across teams
  • Majority of work performed on a personal computer in a seated position

 

Why NRG is a great place to work:

  • Great company culture!! Voted as a BEST employer by Forbes
  • A competitive total compensation package, including annual incentive and/or commission
  • Stock Purchase Plan 
  • Benefits on the first day of employment - Medical, Dental, Vision, Life Insurance, and Short-Term Disability, Wellness program, etc.
  • Company-paid life insurance and disability insurance
  • 401 (k) plan to help save for retirement
  • Numerous discounts, including electricity discounts on NRG brands

 

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Protected Veteran Status/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

EEO is the Law Poster (The poster can be found at

Official description on file with Talent.

Job Tags

Temporary work, Work at office, Remote work, 3 days per week,

Similar Jobs

Gold Star TEFL Recruitment

Teach English to Adults or Kids in Rui’an Job at Gold Star TEFL Recruitment

 ...specializes in providing the highest quality English language training to English learners in a modern, well equipped environment....  ...its continual growth and success, we expanded its educational development by opening a childrens school department within our adult school... 

Clayco

Process Designer Job at Clayco

 ...About Us Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm...  ..., and residential related building projects. About Clayco Design and Engineering Clayco Design and Engineering (CDE) was created... 

Baylor College of Medicine

Senior Registered Dietitian-The Woodlands Job at Baylor College of Medicine

 ...programs team, supporting high-touch Baylor constituents, special patient populations, and corporate clients. This role is responsible for providing custom medical nutrition therapy, wellness services, and disease prevention guidance while facilitating an optimal patient... 

BAF Transport INC

Class A FedEx Ground Truck Driver Job Job at BAF Transport INC

Class A FedEx Ground Truck Driver JobSOLO POSITION FedEx Ground:*Runs Monday - Friday Day Shift/ Nights Shift.Drop & Hook only. No touching freight.Pay 60 per mile..+ bonus $100s paid every 1 month. PAY WEEKLY 1,200 /1,350 Home Every Day1 week paid vacation... 

SafetyNet Behavioral Healthcare

Clinical Administrative Assistant Job at SafetyNet Behavioral Healthcare

Clinical Administrative Assistant Location Montgomery, AL : Clinical Administrative Assistant Location: Montgomery, AL Job Type: Full-Time Salary: $16.00 per hour About Us: SafetyNet Behavioral Healthcare is a Psychiatric Residential Treatment Facility (PRTF)...