Risk Analyst - Commercial Risk & Pricing

Korn Ferry; Houston (TX); On-site; USD 95,000 - 120,000; Full time

Job summary

Korn Ferry is seeking a Risk Analyst specializing in Commercial Risk & Pricing for a leading U.S. refining company. The ideal candidate will engage deeply in quantitative pricing, risk analysis, and collaborate with various internal teams. Candidates should possess a strong grounding in finance with relevant experience in commodity risk management. This role offers a blend of analytical challenges and opportunities for professional growth, along with a comprehensive benefits package.

Benefits

401(k) match

Pension plan

Tuition assistance

Health clinic

Wellness programs

Qualifications

• 2+ years of commodity risk experience in a trading, banking, or hedge fund environment.
• Familiarity with energy commodities pricing and market data sources.
• Experience configuring complex derivative instruments and price formulas.

Responsibilities

• Design, develop, and maintain market curves for energy products.
• Publish daily mark-to-market P&L and reports on risk exposure.
• Investigate pricing discrepancies and support trade reconciliations.

Skills

Analytical skills

Communication

Teamwork

Education

Bachelor’s degree in Business, Engineering, Mathematics, Finance, or Economics

Master’s or MBA

Tools

ETRM platforms (Right Angle preferred)

Power BI

Alteryx

Job description

Korn Ferry has partnered with our client on their search for a Risk Analyst – Commercial Risk & Pricing.

Company Overview:

• Our client is a prominent U.S. refining company operating refineries in Lake Charles, LA; Lemont, IL; and Corpus Christi, TX. It also owns or has joint ownership in 38 terminals, 6 pipelines, and 3 lubricant plants.
• Headquartered in Houston, the company has a total crude refining capacity of approximately 807,000 barrels per day and employs around 3,300 people.
• Our client has a long-standing reputation as a top-branded fuel supplier, operating under values of Safety, Integrity, Respect, Accountability, and Care.
• The company is implementing new technology platforms, such as Right Angle (ETRM software), to improve data-driven decision-making and financial analytics across the business

Role Summary:

• Title: Risk Pricing Analyst (level may vary: Associate, Analyst, or Senior Analyst)
• Reports to: Risk & Pricing Team Leadership
• Split Role: ~50% quantitative pricing configuration, ~50% daily analytical/risk support

Key Responsibilities:

• Design, develop, and maintain forward and market curves for both physical and derivative energy products in the company trading portfolio
• Configure Exchange Traded Instruments (ETIs) and complex derivatives (e.g., float-float swaps, options) within the ETRM system (e.g., Right Angle)
• Ensure curve structures allow for proper decomposition of risk exposures; maintain related components such as pricing locations, calendars, and delivery categories
• Publish daily mark-to-market P&L and risk exposure reports for internal stakeholders
• Monitor risk positions against internal thresholds and provide commentary on pricing and portfolio movement
• Investigate pricing discrepancies, troubleshoot valuation issues, and support trade reconciliations
• Serve as backup for mark-to-market analysts, contributing to continuity and cross-functional knowledge sharing
• Partner with front-, mid-, and back-office teams (including traders, schedulers, and accounting) to support accurate and timely risk reporting
• Support ad hoc pricing research and internal initiatives focused on improving reporting and controls

Ideal Candidate Profile:

• Bachelor’s degree in Business, Engineering, Mathematics, Finance, or Economics (Master’s or MBA preferred)
• 2+ years of commodity risk experience in a trading, banking, or hedge fund environment — or a Master’s degree in a relevant field in lieu of experience
• Familiarity with energy commodities pricing, risk controls, and market data sources (e.g., curve builds, price feeds)
• Proficiency in ETRM platforms (Right Angle preferred) and exposure to analytics tools such as Power BI or Alteryx
• Experience configuring complex derivative instruments, price formulas, and market curves
• Strong analytical, communication, and cross-functional teamwork skills
• Background in a quantitative or technical discipline with the ability to explain financial/market concepts clearly
• Level-dependent compensation (Associate to Senior Analyst range)
• Full benefits package including:
• 401(k) match: $2 for every $1 up to 3% + an additional 3% automatic contribution
• Pension plan, paid vacation, sick leave, and annual vacation incentive (40–120 hours extra pay)
• 9/80 schedule with every other Friday off and one work-from-home day weekly
• On-site perks: gym, free covered parking, cafeteria, health clinic, and credit union (location-specific)
• Tuition assistance, dependent scholarships, employee discounts, and wellness programs

Selling Points

• Blend of technical pricing configuration and market-facing analysis in a dynamic energy trading environment
• Opportunity to work at a highly respected employer with strong internal advancement potential — many employees build long-term careers
• Exposure to complex derivatives, ETRM systems, and front-office risk analytics
• Exceptional benefits and work-life balance, with remote flexibility, a 9/80 schedule, and a collaborative office culture
• Perfect for candidates interested in commodities trading, market risk, or price modeling roles at a major energy company

SE# 510738175

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Accounting/Auditing

• Industries

  Oil and Gas

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