Analyst, Risk - Ld/Sr
About The Position
Position Overview: Development and maintenance of risk books related to Avangrid’s renewable power businesses Perform daily p&l and position reporting as well as analysis related to changes in book valuation and risk exposures, including the evaluation of risk book activity against established metrics Monitor mark-to-market valuation changes and position sizes to ensure compliance with approved business unit and corporate trading limits Understand and decompose complex positions into component parts in order to evaluate key risk factors within various portfolios Identify risks not being processed by risk system and develop appropriate procedures to ensure proper trade capture, valuation and reporting Review new trades on a daily basis and validate trade capture within risk management systems Assist Risk Analysis team in computation of VaR, stress tests, and related metrics Work very closely with traders and asset managers to ensure they understand how p&l and positions are valued and reported Analysis and resolution of differences between economic results and accounting earnings Lead process to model and load budget and forecast asset performance targets into energy trading and risk management system
Requirements
- Bachelor’s degree or higher
- 5+ years of related experience in energy industry
- Advanced Microsoft Excel skills: Power Query, Power Query M formula language, formulas, macros, pivot tables, ranges, tables
- Experience working with VBA, Power Query M formula language, SQL, database tools (Toad, SQL Developer)
- Ability to work independently, working through difficult reconciliation issues to their ultimate source/cause, and finding an appropriate solution
- Ability to gather, consolidate, analyze and report data accurately and efficiently
- Ability to analyze project risks and proactively identify solutions with a flexible, creative, and solution-focused outlook on problem solving
- Capacity to manage and coordinate multiple tasks, solve complex problems and work under pressure
- Ability to work with other departments with different perspectives on reporting issues
- Effective written and verbal communication skills
- Excellent interpersonal skills; able to interact with other parts of the business at all levels
- Ability to work within a team environment
Nice To Haves
- Familiarity/ prior experience with FIS Aligne, webTrader, Paragon
Responsibilities
- Development and maintenance of risk books related to Avangrid’s renewable power businesses
- Perform daily p&l and position reporting as well as analysis related to changes in book valuation and risk exposures, including the evaluation of risk book activity against established metrics
- Monitor mark-to-market valuation changes and position sizes to ensure compliance with approved business unit and corporate trading limits
- Understand and decompose complex positions into component parts in order to evaluate key risk factors within various portfolios
- Identify risks not being processed by risk system and develop appropriate procedures to ensure proper trade capture, valuation and reporting
- Review new trades on a daily basis and validate trade capture within risk management systems
- Assist Risk Analysis team in computation of VaR, stress tests, and related metrics
- Work very closely with traders and asset managers to ensure they understand how p&l and positions are valued and reported
- Analysis and resolution of differences between economic results and accounting earnings
- Lead process to model and load budget and forecast asset performance targets into energy trading and risk management system
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
