Risk Control Analyst Asset Desk

TotalEnergies • Houston, TX

401d

About The Position

The Risk Control Analyst for the Asset Desk at TotalEnergies is responsible for managing and analyzing risks associated with trading activities in a dynamic and fast-paced environment. This role involves close collaboration with various teams to ensure compliance with internal trading limits and accurate reporting of risk positions and trading results. The analyst will play a key role in the Global Risk Control team, focusing on the Power Assets Trading Desk and overseeing both global and US energy markets.

Requirements

• Degree in economics, finance, business, mathematics, or related quantitative discipline.
• Comprehensive understanding of risk management methodologies and valuation models.
• Solid understanding and experience quantifying risk position exposures, PnL reporting, MtM analysis, and other Risk Metrics.
• Preferred understanding and prior experience with power plant analysis and modeling in relation to power production.
• Gas and/or Power Risk Management experience particularly in one or more of the North American power RTOs/ISOs.
• Financial understanding of futures, swaps, and options including a basic understanding of option theory and ‘greeks’.
• Strong understanding of gas and power pricing structures including experience in validating prices with external sources.
• Power BI, Python, or other data science understanding is desirable.
• High degree of accuracy and efficiency under set deadlines.
• Strong analytical and problem-solving skills.
• High levels of flexibility with regard to working hours.
• Good interpersonal skills.

Nice To Haves

• Experience with risk management in the energy sector.
• Familiarity with regulatory compliance in trading activities.

Responsibilities

• Ownership of Daily Middle Office Risk and explanation of Risk and PnL changes on the Power Assets Trading Desk.
• Lead the risk management analysis, monitoring, and reporting for Power Plant trading activities including open positions and valuation controls.
• Coordinate and review deal and price in trading system by performing deal checks, price validation, curve updates, and data reconciliation.
• Provide critical thinking around risk reporting processes, quantification, and analysis of commodity exposure and forward price movements.
• Maintain, enhance, and review risk models, testing new risk calculations and evaluating model assumptions against fundamentals.
• Communicate effectively with Front Office, Operations, Back Office, and Finance teams on inputs and assumptions.
• Work closely with Traders to quantify and explain the sources of risk in their portfolios.
• Coordinate with Compliance to ensure compliance requirements are met.
• Support, identify, and assist in implementing process improvements.
• Identify and communicate operational risk, defining risk mitigating measures and priorities.

Benefits

• Diversity and inclusion initiatives.
• Opportunities for individual growth and development.
• Equal opportunity career advancement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Oil and Gas Extraction
• Education Level: No Education Listed