Director Market Risk

Hanwha Energy•Houston, TX

1d•Onsite

About The Position

Chariot Energy, an affiliate of Hanwha Energy USA and Hanwha Group, is a Houston-based retail energy provider serving residential and commercial customers. The Director Market Risk will support the growth of Chariot Energy and Hanwha Energy USA by running and maintaining analytical tools for risk management across U.S. power and natural gas markets. The role works closely with Supply and Technology teams and liaises with Supply, Operations, and support staff. The Director will ensure trading systems accurately represent trading-book risk and that risk measures are reported accurately and promptly. The position monitors and reports risk metrics to senior management, builds relationships with clients and stakeholders across the organization, and regularly engages executive leadership to help ensure market risks from day-to-day trading positions are understood and managed within approved limits. This is an onsite role based in Houston, Texas; the ideal candidate can commute to the Houston office.

Requirements

Bachelor’s degree in Finance, Economics, or another quantitative hard-science discipline.
8–10 years of work experience in energy commodities trading, commodities financing, or financial markets, including at least six years in a Market Risk Management role.
Experience in the deregulated retail electricity sector and a technical background.
Familiarity with trading systems, data structures, and interfaces, and an advanced grasp of financial-market concepts and theory.
Ability to assess mathematical derivative-pricing models in the context of real-world market conditions.
Strong problem-solving, analytical, and consulting skills, including statistical analysis, and the ability to form independent views on risk.
Strong familiarity with North American energy markets (power, gas, or environmental products), deregulated energy markets, modeling physical assets, and front-, middle-, and back-office trading workflows.
Deep understanding of real-time data delivery, APIs, and technical requirements of high-frequency trading environments.
Strong communication, interpersonal, and presentation skills; confidence engaging with senior business leaders and risk-management colleagues.
Ability to multitask and work under multiple deadlines.
Ability to work independently and collaboratively in a global, matrixed organization with a resilient, results-driven approach.

Nice To Haves

Advanced technological skills, particularly financial modeling in Excel and Access.
Development skills in SQL, R, or Python.
Financial Risk Manager (FRM) certification and/or CFA designation.

Responsibilities

Assist in marking relevant wholesale and retail price curves, including implied hourly scalers and scarcity premiums.
Build and maintain monitoring checks to ensure compliance with approved risk limits, including position, mark-to-market, and simulation-based reports.
Analyze complex financial information and reports to provide accurate, timely information to the Supply team and management for decision-making.
Prepare financial models and data-mining tools for variance analysis.
Review, validate, and explain daily risk movements, key drivers, and sensitivities.
Monitor commodity positions against limits in accordance with approved risk mandates and escalation procedures.
Run and maintain analytical tools used for risk management in U.S. power and natural gas markets.
Ensure trading systems adequately represent the risk profile of trading books and that risk numbers are reported accurately and on time.
Monitor and report risk metrics regularly to senior management.
Work with Supply, Technology, Operations, and support staff, and engage clients, stakeholders, and executive leadership on market risks.