Senior Director, Risk Management & Hedging Strategy

Payless Power; Fort Worth (TX); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Annual PTO

Annual Performance Review

Annual Compensation Review

Medical, Dental and Vision

Employee Assistance Program (EAP)

Paid maternity leave

Job summary

Young Energy, LLC seeks a Senior Director of Risk Management to lead risk and pricing practices reporting to the Chief Risk Officer. The role drives hedging, pricing models, and compliance with risk policies while coordinating with the RMPC and regulatory attorneys.

Responsibilities include stress testing, horizon planning for seasonal loads, and maintaining software tools to support risk and margin objectives. 15+ years in risk and leadership with utilities is preferred.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Accounting, Business, Engineering or related field.
• 15+ years of relevant risk management experience.
• Experience with utility providers preferred.
• Leadership experience with executives is required.
• Deep expertise in market, counterparty, liquidity, operational and enterprise risk.

Responsibilities

• Establish risk management plans per RMPC guidance, including hedging and weather considerations.
• Develop a retail price model compliant with risk policies and report monthly hedges.
• Measure and report compliance with risk policy limits and report to RMPC.
• Annually prepare hedging effectiveness reports and stress test positions.
• Maintain weekend coverage during extreme weather and adjust positions accordingly.
• Act as primary presenter at RMPC meetings and coordinate with regulatory attorneys.

Skills

Senior leadership

Risk management

Financial modelling

Regulatory interaction

Education

Bachelor's in Finance/Economics/Math

MBA or MS in Risk Management

Tools

Risk management software

Job description

Young Energy, LLC seeks a Senior Director of Risk Management to lead risk and pricing practices reporting to the Chief Risk Officer. The role drives hedging, pricing models, and compliance with risk policies while coordinating with the RMPC and regulatory attorneys.

Responsibilities include stress testing, horizon planning for seasonal loads, and maintaining software tools to support risk and margin objectives. 15+ years in risk and leadership with utilities is preferred.