Sr. Risk Analyst

Alpha Generation LLC; MIDDLETOWN (OH); On-site; USD 80,000 - 110,000; Full time

Job summary

Alpha Generation LLC is seeking a Sr. Analyst, Risk to join our risk management team in Middletown, Ohio. The successful candidate will be responsible for daily risk analysis, calculating Value-at-Risk, and overseeing risk data flows. Applicants should have a bachelor's degree in a relevant field and over 5 years of experience in market operations within the power sector. Key skills include proficiency in ETRM systems, advanced data management, and analytical abilities. This position offers a dynamic work environment in the energy trading sector.

Qualifications

• 5+ years of experience in risk analytics or market operations within the power sector or energy trading.
• Proficiency in ETRM systems, preferably PCI.
• Solid understanding of U.S. ISO markets and hedging strategies.

Responsibilities

• Perform daily risk analysis and valuation of trading positions.
• Calculate and monitor Value-at-Risk (VaR) and stress testing.
• Lead creation and delivery of weekly Risk Committee reports.

Skills

Risk analytics

Market operations

Data management

Communication

Excel

SQL

Python

Education

Bachelor’s degree in finance, economics, engineering, mathematics, or computer science

Tools

ETRM systems

Power BI

Tableau

R

Job description

Reporting to the Director, Risk Management, the Sr. Analyst, Risk will provide analysis, evaluate and communicate risk exposures associated with portfolio assets, asset operations, and trading activities. The analyst will be the primary risk liaison for ETRM support, manage preparation of weekly Risk Committee materials, and collaborate with the Commercial Team to validate strategies and ensure risk limits.

Role and Key Responsibilities

• Perform daily risk analysis and valuation of trading positions across power markets/ISOs.
• Calculate and monitor Value‑at‑Risk (VaR), mark‑to‑market (MtM), and conduct stress testing.
• Collaborate with the Commercial Team (Real Time Desk and Hedging/Optimization) to validate strategies, ensure adherence to risk limits, and assess evolving market risks.
• Support monitoring of changes in forward positions and hedges, alerting the Director and providing consultation to FP&A on budget projections.
• Research P&L drivers and variances from anticipated performance.
• Ensure compliance with hedge plans and report violations to the Risk Management Committee.
• Maintain and improve risk data flows and reporting accuracy with front‑office, back‑office, and IT teams.
• Provide model development for pricing, valuation, and risk metrics using historical and forecast market data.
• Manage enhancements, configurations, and user support for the PCI ETRM system.
• Lead creation and delivery of weekly Risk Committee reports, including portfolio risk exposure, MtM analysis, P&L attribution, and limit monitoring.
• Monitor market movements and fundamental drivers to supply insights on potential risks.
• Support risk model validation, scenario analysis, and stress testing for the portfolio.
• Assist in audit, compliance, and regulatory reporting related to trading and market risk activities.

Professional and Educational Requirements

• Bachelor’s degree in finance, economics, engineering, mathematics, computer science, or related field; advanced degree or certifications a plus.
• 5+ years of experience in risk analytics or market operations within the power sector or energy trading.
• Proficiency in ETRM systems, preferably PCI.
• Solid understanding of U.S. ISO markets (PJM, NYISO, ISO‑NE) and hedging strategies.
• Strong background in data management and analysis, market analysis, advanced risk management, trading theory, and compliance.
• Advanced Excel, SQL, and Python skills; experience with VAR, Power BI, Tableau, or R considered a plus.
• Excellent written and verbal communication skills and ability to present complex data to senior leadership.
• Detail‑oriented, self‑motivated, capable of managing multiple priorities in a fast‑paced environment.

AlphaGen is an equal opportunity employer.

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable laws.