What are the responsibilities and job description for the Senior Principal Risk Analyst position at BizTek People, Inc. | APA International Placement Consultants?
Title: Senior/Principal Risk Analyst
Duration: 12 Months
Location: Tualatin, OR – Local Preffered
Open to Remote caniddate from PST or MST time zones.
Description
PGE seeks a Senior
or Principal Risk Analyst with energy analytics, quantitative analysis, and
fundamentals experience to analyze risk and develop actionable business
intelligence for effectively navigating dynamic energy markets. This highly
visible position will be at the forefront of modelling and analyzing the
evolving future of the power sector and guiding the company’s approach to risks
and opportunities related to energy infrastructure and market investments. with
strong growth possibilities within the organization.
Responsibilities include but are not limited
to:
- Leading Power Operations Risk
Management running and analyzing operational report. Work with Power
Operation on assessing trading risk limits and assessments. development of
new quantitative models, validating and/or enhancing existing models, and
assisting internal partners and staff in understanding and using the
models for effective risk analysis and decision making.
- Providing analytical for
trading, portfolio management, origination, energy market risk, credit
risk and finance; interpreting and sharing qualitative insights and
feedback from commercial teams into quantifiable terms to help improve
performance.
- Independently initiating and
analyzing surrounding optimization in competitive markets, stochastic
simulations, and the interplay between zero- or low-marginal cost
resources and traditional energy generators.
- Identifying and implementing
effective approaches to quantitatively evaluate energy infrastructure
benefits and costs, as well as risks and risk mitigation.
- Design complex valuation and
price models for structured products including tolling agreements, PPA
agreements, full requirements/load-following deals, shaped products,
revenue puts, exotic options (swaptions, basket options, look-back
options, heat rate options, etc.), weather derivatives, unit contingency,
etc.
- Understand risk metrics
models such as Value at Risk (VaR), Mark to Market, Gross Margin at Risk
(GMaR).
- Proposing and implementing
portfolio and asset optimization frameworks. Will build bespoke frameworks
for exploring, designing, and deploying systematic portfolio strategies,
including generation asset optimization, natural gas storage and
transportation optimization, cross-commodity hedge optimization (optimal
hedge ratio) and FTR hedging/bidding optimization.
- Leading quantitative research
and modeling tasks related to macro industry trends, energy markets,
ancillary services, capacity markets and commercial activities using tools
such as artificial intelligence, machine learning, game theory, supply and
demand and price simulation models, probabilistic models, option valuation
tools, and portfolio characteristic desk tools.
- Provide statistical analysis
and quantitative tools for trading and hedging purposes, including model
commodity data for specific markets and produce ad hoc analysis based on
short-term market developments.
- Communicating effectively and
influentially to diverse audiences about modeling methodologies, analyses
and results in business practical terms that include a focus on the “why.”
- When needed, providing expert
witness testimony for market and regulatory proceedings.
- Make decision using the
existing Risk Management Policy and Procedure framework.
Requirements
Requirements
- BS or MS discipline
(engineering, statistics, science discipline, economics).
- How many years of experience
are you looking for?: 3 – 4 years in a similar role within the energy
industry
- Have a broad background in
energy and quantitative risk analysis in North America with a focus on
power, natural gas, and renewables.
- BS or MS - discipline
(engineering, statistics, science discipline, economics, and finance).
- Bring 3 – 4 or more years of
experience in a quantitative role within the energy industry or directly
related academic setting with application in the energy industry.
Experience with wholesale power and/or gas markets and quantitative energy
trading experience is preferred.
- Have developed expertise in
at least one of the following techniques: time series analysis, advanced
regression and econometric techniques, advanced optimization techniques
leveraging commercial solvers.
- Strong competence in
communication
- Experience with Production
Cost Modeling
- Advanced Microsoft Office
Suite skills (Word, PowerPoint, Excel).
- Ability to communicate and
work with different organizations outside of risk management.
- Experience with Endur ETRM is
a plus.
Top 3 Must-Haves (Hard
and/or Soft Skills):
1.
Experience with Production Cost Modeling
2.
Experience with wholesale power and/or gas markets
3.
Experience with Risk Management System
Top 3 Nice-To-Haves (Hard
and/or Soft Skills)
1.
Experience with Endur ETRM
2.
Advanced Microsoft Office Suite skills (Word, PowerPoint, Excel
3.
Experience to translate numbers to actionable plan for coworkers