Risk Analyst, Power Product Control

Nrg Bluewater Wind; Houston (TX); Hybrid; USD 80,000 - 110,000; Full time

Job summary

NRG Energy in Houston, TX is seeking an Analyst to join its Power Product Control team. The successful candidate will apply a strong technical and data analytics background to support Commercial Operations, Supply, Finance, Accounting, and Customer Operations while mitigating risk and preserving expected margins.

This role reports to the Product Control Manager within Power Product Control and is based in our Houston office, with a hybrid schedule (4 days on site, 1 day remote).

Qualifications

• Strong analytical and data analytics background.
• Experience with risk management in energy markets is a plus.
• Ability to work independently and with cross-functional teams.

Responsibilities

• Analyze, value, and provide risk analysis around complex transactions and portfolio positions, including power generation, load contracts, derivatives, hedging strategies, and trading assets
• Develop and monitor position and P&L reports for energy portfolio
• Mark and validate end-of-day curves in risk systems
• Leverage analytical skills to automate risk processes
• Collaborate with Risk team and other departments on projects
• Support requests from internal and external auditors
• Work with IT on risk system improvements and testing

Skills

Excel

Data analytics

Risk analysis

Power markets

Collaboration

Job description

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You’ll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success—take the lead in shaping your career development, goals and future!

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

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

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Vet/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Talent.