Risk Control Analyst (Power)

TOTAL Deutschland GmbH; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

Una empresa innovadora en el sector energético busca un Analista de Control de Riesgos. Esta posición implica el análisis y la gestión de riesgos en actividades comerciales de energía, asegurando el cumplimiento de los límites comerciales internos y la normativa externa. El candidato ideal tendrá un sólido conocimiento de las metodologías de gestión de riesgos y experiencia en la valoración de posiciones de energía, así como habilidades en Python y Power BI. Si te apasiona el análisis de datos y la gestión de riesgos en un entorno dinámico, esta es la oportunidad perfecta para ti.

Qualifications

• Grado en economía, finanzas, matemáticas o disciplina cuantitativa requerido.
• Comprensión de metodologías de gestión de riesgos y modelos de valoración.

Responsibilities

• Liderar el análisis de gestión de riesgos y la elaboración de informes para actividades comerciales.
• Coordinar y revisar acuerdos y precios en el sistema de comercio.

Skills

Análisis de riesgos

Valuación de modelos

Python

Power BI

Gestión de riesgos de energía

Resolución de problemas

Habilidades interpersonales

Education

Grado en economía

Grado en finanzas

Grado en matemáticas

Grado en disciplina cuantitativa

Tools

Alteryx

Job description

Empresa empleadora TotalEnergies Gas & Power North America, Inc.

Dominio Finance

• Fast development of TotalEnergies’ Power portfolio in the U.S. where it has now more than 10 GW gross capacity of renewable projects in operation, in construction and in development.
• Dynamic trading environment with time-sensitive, business critical activities requiring instantaneous analyses and generation of reports.
• The Risk Control Analyst is part of the Global Risk Control team involving Houston, London, and Singapore.
• The Risk Control Analyst works closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading System teams. The team works across locations and product types including Natural gas, NGL, LNG, Power and Dry bulk products.
• The Middle Office is responsible for calculating profits and losses and for managing the risks of the trading department. It is responsible for all aspects of market risk control, such as risk identification, measurement, monitoring and disclosure across various classes of energy commodity assets.

PURPOSES:

• Compliance with internal trading limits;
• Accurate and independent analysis, valuation, and reporting of risk positions and trading results;
• External regulatory compliance.

TotalEnergies celebrates diversity and is committed to Equal Employment Opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.

All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.

As part of the Global Risk Control Organization activities involve contributing to any Risk Control process of the entities covered by the Global team:

• Responsible for leading the risk management analysis, monitoring, and reporting for Power trading activities including open positions, valuation controls, MTM valuation, including daily explanations on applicable metrics and limits.
• Coordinate and review deal and price in trading system by performing deal check, price validation, curve update, and data reconciliation. Monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.
• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements for TGPNA’s multi-products trading activities. Maintain, enhance, and review risk models. Test new risk calculations, evaluate model assumptions against fundamentals, and communicate suggested modeling/valuation enhancements to achieve better valuation and risk quantification. Communicate effectively with Front Office, Operation, back office and Finance team on inputs and assumptions.
• Work closely with Traders to quantify and explain the sources of risk in their portfolios.
• Contribute to the reporting of Trading Result/ Position to Senior management.
• Work closely with Back Office, Finance, Credit, Legal & Compliance, Business Unit Control to ensure best control practices, operational efficiency and policy/limit compliance.
• Coordinate with Compliance to ensure compliance requirements are met.
• Support, identify, and assist in implement of process improvement, from system testing and implementations to desk level process.
• Identify and communicate operational risk, define risk mitigating measures and priorities.

DIMENSIONS:

The jobholder will work in the Global Risk Control department, under the supervision of Middle Office Manager in Houston, and will seek to measure, analyze and monitor the P&L, Exposure and the Value At Risk of the Power Trading Desks. The position is based in Houston and includes oversight of both global and US energy markets.

You are someone who possesses the following experience and credentials:

• Degree qualified in economics/finance/business/mathematics or quantitative discipline.
• Comprehensive understanding of risk management methodologies and valuation models.
• Solid understanding of MTM, VaR and quantifying position exposures and other Risk Metrics along with Power Risk Management experience particularly in North American power ISOs, more specifically ERCOT, PJM and CAISO.
• Strong understanding of Power pricing structure including experience in validating power prices with external sources.
• Power BI, Python, or other data management software like Alteryx.
• High degree of accuracy and efficiency under set deadlines.
• Strong analytical and problem solving skills.
• High levels of flexibility with regard working hours.
• Good interpersonal skills.

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies Gas and Power (TGP) is the trading arm of TotalEnergies in the field of low carbon energies (mainly gas, LNG and power). As such it operates in fast-evolving market dynamics influenced by internal and external factors that require constant adaptation and evolution. Uncertainties specific to the trading environment (volatility of prices, supply & demand mismatches) are coupled with those coming from the broader energy sector (climate change policies, changes in the energy mix, developments of new energy sources, etc). In such context TGP helps to ensure growth and profitability to a key segment of the business in order to reach the objective of Carbon Neutrality by 2050.

Our Culture:
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.