Consulting Risk Control and Credit Analyst or Below

Consulting Risk Control and Credit Analyst or Below

Energy Company is looking for a Consulting Risk Control and Credit Analyst or below, depending on experience, to join our team. This role is responsible for implementing, reviewing, and improving risk control and credit management policies and processes for consistency with the organization's governance structure. They will also be taking a leadership role in managing departmental projects. This is an excellent opportunity to play an integral role to help better serve the environment, customers and the communities in which they live in an environment where all employees are valued, respected and provided with the opportunity to achieve maximum performance. Comprehensive pay package that includes competitive compensation, annual goals-based incentive bonuses, comprehensive cafeteria-style benefits, 401(K), a company paid retirement pension plan and an employee assistance and wellness program.

Primary responsibilities include:

• Reviews, validates and maintains valuation models used to forecast generation asset output, load needs, option valuation, and credit exposure. Assets include hydroelectric plants, thermal plants, wind units, gas storage, and derivative commodity contracts.
• Works with front office, external vendors, and IT support to develop improved reporting across the department. Takes a leadership role in resolving anomalies associated with the energy risk and trading platforms.
• Works with Energy Trading, Power Costs, Energy and Derivative Accounting, and other groups to develop new reports aligned with the Risk Policy and Integrated Strategic Plan.
• Analyzes available data related to existing risk performance metrics. Recommends new performance metrics and works with other members of mid-office, back-office, front-office, IT, and other stakeholder groups to move from design board to production. Assists with incorporating an enterprise-wide view of risks.
• Reviews and develops recommendations to ensure commodity risk governance is implemented successfully within the organization. Works with legal, front-office, mid-office, and senior management to develop recommendations that lead to adoption of formal company policies that drive governance decisions.
• Takes a leadership role in managing departmental projects such as integration of new energy risk trading platforms, development of policies and procedures in response to new regulatory requirements, validation of valuation models, evaluation of new credit management tools, development of new reporting processes, and validation of price curves. Identifies project scope, determines deliverable requirements, internal and external resource requirements, and expected timeframe in order to achieve intermediate and final milestones.
• Provides ad hoc reporting as required. Performs other duties as assigned.

Minimum qualifications include:

• Bachelor's degree in mathematics, science, finance, or technically/commercially related field, or equivalent combination of education and relevant work experience.
• 7 years relevant experience for the consulting level (such as risk control, analytics, reporting, modelling, and credit experience).
• Strong knowledge and proficiency in applying portfolio risk measures and probability distribution concepts.
• Strong database, spreadsheet and reporting skills including the ability to write queries and macros, build pivot tables and develop OLAP reports.
• Self-motivated and high attention to detail with a bias for delivering a flawless product.
• Demonstrated problem solving, planning, analytical and/or consulting skills.
• Strong oral and written communication skills and ability to use MS PowerPoint effectively.
• Prior project management experience.

Desired qualifications include:

• 7 years of relevant experience (such as risk control governance, portfolio analytics, or credit management experience).
• Strong database, spreadsheet, and reporting skills.
• Proficiency in applying quantitative methods to solve problems.
• Strong written, oral, and presentation skills (proficient with MS Powerpoint).
• Project management experience.
• Strong understanding of commodity trading instruments.
• Master's degree in engineering, math, science or finance.
• Strong understanding of energy markets, portfolio risk management concepts and commodity trading instruments including financial derivatives.
• Familiarity with quality management principles.
• Detailed knowledge of portfolio risk calculations, including Value at Risk, marginal risk analysis, stochastic modelling concepts, and applied probability distribution methods.
• Knowledge of process design, re-engineering, and requirements documentation methodologies.
• Proficiency in applying quantitative methods (regression analysis, time-series analysis, Monte Carlo simulation, linear and non-linear optimization).
• Programming proficiency in one or more of the following: Assembly, procedural language (such as C), object-oriented (such as java, C++, C#), LISP, Prolog, data management (SQL, XML).

This position will be filled as a Consulting Risk Control and Credit Analyst, Senior Risk Control and Credit Analyst or Risk Control and Credit Analyst depending on the qualifications of the selected candidate.

All your information will be kept confidential according to EEO guidelines.