Risk Analytics Manager - Credit (Power & Gas)

Optimus•Houston, TX

13d

About The Position

A key Optimus power generation client is seeking a senior-level Risk Analytics professional to join their lean credit risk team supporting power and natural gas trading activities. This is a highly hands-on role (not a people manager) that sits at the intersection of credit risk, market exposure, margin, liquidity, and commercial risk management. This is not a pure quantitative or traditional credit underwriting role. The position requires strong commercial judgment, hands-on portfolio analysis, and the ability to manage the day-to-day mechanics of credit and exposure within a fast-moving energy trading environment.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Engineering, or a related discipline.
8+ years of combined experience in energy credit risk, market risk, trading risk, treasury, or a closely related function within the power and natural gas markets.
Strong understanding of ISO/RTO power markets and the risk, credit, collateral, and settlement considerations associated with energy trading.
Experience with derivatives, hedging strategies, and longer-dated energy transactions.
Hands-on understanding of exchange-traded and cleared products, FCM relationships, margin requirements, and the drivers behind IM, VM, and other collateral movements.
Ability to analyze counterparty and portfolio exposure and recognize when a material change requires further investigation.
Working knowledge of Potential Future Exposure (PFE) and other quantitative exposure concepts.
Strong financial analysis skills, including the ability to evaluate counterparty financial information and broader market conditions.
Experience working with Legal and commercial teams on ISDA or other energy trading agreements and credit provisions.
Strong understanding of data structures, data flows, and how risk information moves from source systems into reporting and analysis.
Advanced Excel skills; experience with SQL, Python, VBA, or similar analytical tools is highly desirable.
Ability to work independently in a lean, hands-on environment where initiative and sound judgment are critical.
Strong communication skills and the confidence to respectfully challenge traders, banks, counterparties, and other stakeholders when the numbers or risk profile do not make sense.

Nice To Haves

Experience with ETRM platforms is valuable.
Familiarity with systems such as Endur, Allegro, SAP, or quantitative risk tools is a plus.

Responsibilities

Manage daily credit and counterparty exposure across power and natural gas trading portfolios, identifying significant changes and investigating the underlying drivers.
Monitor exchange and clearing-related margin activity, including Initial Margin, Variation Margin, and other collateral requirements, and investigate material discrepancies or unexpected movements.
Analyze portfolio concentrations, counterparty exposure, liquidity requirements, and longer-dated transactions to identify emerging risk.
Apply Potential Future Exposure (PFE) concepts and other exposure measures to evaluate risk across extended deal horizons and changing market conditions.
Assess the impact of market movements, volatility, portfolio composition, and valuation changes on credit exposure and liquidity.
Partner with traders, commercial teams, treasury, legal, and other stakeholders to understand transactions and ensure appropriate risk protections are in place.
Work with Legal on the development and negotiation of credit provisions within trading agreements, including ISDA and other credit support documentation.
Help establish and maintain appropriate credit terms, collateral requirements, limits, and exposure parameters.
Support stress testing and scenario analysis to evaluate potential exposure and liquidity needs under adverse market conditions.
Investigate data and reporting issues, understand how risk information flows through systems, and ensure exposure and credit data is accurate and reliable.
Identify opportunities to automate and improve existing credit and risk processes.
Maintain strong documentation, controls, and auditability around credit and exposure management.
Produce clear, decision-ready reporting for senior stakeholders and commercial leadership.