What are the responsibilities and job description for the Senior Market Risk Analyst - Power & Gas position at Centalion?
Job Title
Senior Market Risk Analyst - Power & Gas
Contract Type
Permanent
Time Type
Full time
Job Description
Position: Senior Risk Analyst — Gas & Power
Position Purpose & Summary
The Senior Risk Analyst — Gas & Power owns day‑to‑day market risk monitoring for our gas and power portfolios across the Americas, providing timely analysis, and risk reporting. This is a senior individual contributor role with clear career path to a manager role as the team grows. The role partners closely with trading desks, middle office, compliance, finance, and ops to ensure disciplined risk-taking, robust controls, and actionable insights.
Main Responsibilities
Our people make all the difference in our success.
Senior Market Risk Analyst - Power & Gas
Contract Type
Permanent
Time Type
Full time
Job Description
Position: Senior Risk Analyst — Gas & Power
Position Purpose & Summary
The Senior Risk Analyst — Gas & Power owns day‑to‑day market risk monitoring for our gas and power portfolios across the Americas, providing timely analysis, and risk reporting. This is a senior individual contributor role with clear career path to a manager role as the team grows. The role partners closely with trading desks, middle office, compliance, finance, and ops to ensure disciplined risk-taking, robust controls, and actionable insights.
Main Responsibilities
- Market Risk Monitoring & Limits
- Monitor intraday and end‑of‑day market exposures (VaR, P&L-attribution, Greeks where applicable) for gas and power portfolios.
- Enforce and report against trading limits, dealer limits, VaR and stress-test thresholds; escalate breaches and remedial actions.
- Stress Testing & Scenario Analysis
- Design and run scenario analyses and stress tests (historical and hypothetical) to assess portfolio resilience under market shocks.
- Provide forward-looking risk outlooks and identify concentration or liquidity risks.
- Assess exposure to tail risks, volatility spikes, and dislocations in gas and power markets.
- Trade Capture & Valuation Oversight
- Review model inputs (curves, vol surfaces, hubs, heat rates) and raise model or input exceptions.
- Maintain and enhance valuation and risk models, testing methodologies and validating assumptions against market fundamentals.
- Reporting & Controls
- Monitor and enforce trading mandates, VaR limits, position limits, and stress thresholds.
- Maintain strong control frameworks, audit trails, and policy compliance in line with internal and regulatory requirements.
- Partner with Compliance, Legal, Credit, and Finance to ensure robust governance and adherence to risk policies.
- Implement and improve risk processes and automated controls to reduce operational risk.
- Stakeholder Partnership & Advisory
- Act as a trusted risk partner to traders and desk heads—provide real-time decision support, trade-level risk assessments and pre‑trade checks.
- Train and mentor junior risk analysts; contribute to hiring and process scaling.
- Strong quantitative and analytical capability with market intuition for gas & power markets.
- Understanding of extrinsic risk/options.
- Advanced Excel, VBA and experience with risk systems (e.g., Endur, Allegro, Murex, Calypso, or proprietary systems) and BI tools (Power BI/Tableau) preferred.
- Solid understanding of VaR, stress testing, P&L attribution, Greeks/option risk, and forward curves/shape dynamics.
- Excellent stakeholder management and communication skills—able to translate analysis into clear recommendations.
- High attention to detail, process orientation, and appreciation for controls and auditability.
- Ability to work under pressure, prioritize multiple requests, and provide timely outputs for trading hours.
- Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or related quantitative field. Advanced degree (MS/MA) or professional risk certification (FRM, PRM) is a plus.
- 5–8 years’ experience in market risk, commodity risk, or trading support in gas/power or broader commodities markets.
- Direct experience with physical and financial gas/power products, time spreads, fixed-price contracts, storage, and LNG preferred.
- Proven track record producing risk reporting, P&L attribution and supporting front-office decision making.
- Proficient in Excel (advanced modelling), SQL or Python for data pulls/analysis.
- Familiarity with trading/risk platforms (Endur/Allegro, ETRM systems) and market data feeds.
- Experience with Workday or HR systems not required but helpful for internal coordination.
Our people make all the difference in our success.