Risk Analyst, Power Product Control

Eetdbuyersguide; Houston (TX); On-site; USD 75,000 - 105,000; Full time

Job summary

NRG is seeking an Analyst for the Power Product Control team in Houston, TX. The role focuses on risk analysis, P&L reporting, and end-of-day curve validation within a collaborative environment across Commercial Operations, Supply, Finance, Accounting, and Customer Operations.

The position requires strong data analytics, proficiency in MS Excel, and the ability to work independently with some overtime. The Hybrid work setup includes on-site days with one remote day per week.

Qualifications

• Bachelor's degree in a quantitative discipline.
• Strong analytical and critical thinking skills.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze, value, and provide risk analysis around complex transactions and portfolio positions.
• Develop and monitor position and P&L reports for energy portfolio.
• Mark and validate end-of-day curves in risk systems.
• Collaborate with Risk and other departments on issues/projects.
• Support internal and external auditors.
• Work with IT on risk system improvements and testing.

Skills

Analytical thinking

Data analytics

Communication skills

Risk analysis

Education

Bachelor's degree in Finance/Business/Economics/Engineering/Sciences

Tools

MS Excel

Job description

Job Summary

NRG is looking for an Analyst to join its Power Product Control team. The successful candidate will possess a strong technical and data analytics background. The candidate must be adept at working independently as well as have strong collaborative capabilities to assist Commercial Operations, Supply, Finance, Accounting, and Customer Operations teams to adequately mitigate risk and preserve expected margins. This position will report to the Product Control Manager within the Power Product Control group and will be in our Houston, TX office.

Responsibilities

• Analyze, value, and provide risk analysis around complex transactions and portfolio positions, including power generation, load contracts, complex derivatives, hedging strategies, and trading assets
• Develop and monitor position and P&L reports for NRG's energy portfolio
• Mark and/or validate end-of-day curves in the risk system
• Leverage problem solving and analytical skills along with new technologies to enhance and automate various risk processes
• Collaborate effectively within the Risk team and with other departments on issues/projects
• Support requests from NRG's internal and external auditors

• Work closely with IT on risk system improvements and testing new enhancements

Working Conditions

• Hybrid work schedule, 4 days on site, 1 day remote (Friday)
• Open office environment
• Some overtime required as special projects arise

• Minimal travel required, not likely to exceed 10%

Physical Requirements

• Majority of work performed on a personal computer in a seated position

Minimum Requirements

• Bachelor's degree in a quantitative discipline like Finance, Business, Economics, Engineering, or Sciences

Additional Knowledge, Skills, and Abilities

• Strong analytical and critical thinking skills
• Excellent written and verbal communication skills
• Extensive experience with MS Excel
• Attention to detail, diligent, and highly organized
• Proven ability to manipulate and analyze large datasets
• Knowledge of energy markets a plus; electricity, natural gas, renewables and/or oil markets

• Understanding of common risk metrics and control methodologies within a commodity trading environment also a plus