Global Risk Associate

EDP Renewables • Houston, TX

1d • Hybrid

About The Position

The Market Risk Associate will join the Market Risk team, which sits within BEF Risk and works as part of the Global Energy Management (GEM) platform within EDP Group. The role supports the independent monitoring, analysis and control of market risks arising from generation assets, PPAs, hedging activity and market operations, with a strong focus on EDPR and GEM North America.

Requirements

• Bachelor's degree in Business Administration, Economics, Engineering, Finance, Mathematics or related field.
• 3+ years in energy markets, market risk, trading risk, origination, consulting, corporate finance, analytics or a related field.
• Ability to read, write and speak fluent English.
• Strong Excel and PowerPoint skills.
• Good understanding of statistics, corporate finance, accounting and risk metrics.
• Competency in analytical problem solving, communication, stakeholder management, customer / partner relationships and technology-enabled process improvement.

Nice To Haves

• MBA, CFA or other quantitative / finance credentials are a plus.
• Spanish and/or Portuguese are a plus.
• Power BI, SQL, Python and data visualization experience are a plus.
• Knowledge of power markets, renewables, PPAs, FTRs, RECs / environmental attributes or congestion risk is a plus.

Responsibilities

• Be part of the Market Risk function within BEF Risk and GEM, supporting recurring risk governance, reporting and management materials.
• Monitor and control market risks in open exposures arising from generation, commercial contracts, hedging activity and related market products.
• Calculate, analyze and monitor key risk metrics for energy portfolio activities, including exposure, sensitivities, stress scenarios, limit usage and other recurring risk indicators.
• Support the definition, implementation and monitoring of risk limits, escalation processes, risk appetite and governance frameworks.
• Analyze price, volume, shape, basis and congestion risks across relevant power and environmental markets.
• Support the assessment of hedging strategies and market instruments used to manage portfolio risks.
• Contribute to liquidity, collateral and stress-testing assessments linked to market movements and portfolio evolution.
• Support Market Risk input to origination and commercial teams, including analysis of contract structure, shape, optionality, tenor, delivery considerations and risk-return profile.
• Support market operations with risk models for hedging, congestion, scheduling and market participation.
• Support investment and portfolio analyses by assessing relevant market risk drivers, financial risk factors, counterparty considerations and profitability sensitivities.
• Develop, maintain and automate Market Risk monitoring tools and dashboards using data, analytics and visualization tools.
• Perform back-testing, policy reviews and on-demand strategic analyses for management decision-making.
• Other job task as assigned

Benefits

• Empower our employees through a positive and innovative work environment that promotes collaboration and agile decision-making
• Respect and value each person, providing a flexible, healthy, and inclusive workplace with a range of attractive benefits
• Provide a meaningful work experience and prepare our people for future challenges through different opportunities for development and internal mobility

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level