Senior Analyst, Product Control

The AES Corporation • Houston, TX

4d

About The Position

Are you ready to be part of a company that's not just talking about the future, but actively shaping it? Join The AES Corporation (NYSE: AES), a Fortune 500 company that's leading the charge in the global energy revolution. With operations spanning 14 countries, AES is committed to shaping a future through innovation and collaboration. Our dedication to innovation has earned us recognition as one of the Top Ten Best Workplaces for Innovators by Fast Company in 2022. And with our certification as a Great Place to Work, you can be confident that you're joining a company that values its people just as much as its groundbreaking ideas. AES is proudly ranked #1 globally in renewable energy sales to corporations, and with $12.7B in revenues in 2023, we have the resources and expertise to make a significant impact as we provide electricity to 25 million customers worldwide. As the world moves towards a net-zero future, AES is committed to meeting the Paris Agreement's goals by 2050. Our innovative solutions, such as 24/7 carbon-free energy for data centers, are setting the pace for rapid, global decarbonization. If you're ready to be part of a company that's not just adapting to change, but driving it, AES is the place for you. We're not just building a cleaner, more sustainable future - we're powering it. Apply now and energize your career with a true leader in the global energy transformation. At AES, we’re accelerating the future of energy, together, while redefining customer experience and delivering outstanding customer products and solutions. We are currently looking for a Product Control Senior Analyst. This employee will work within the Risk Management Group and will be responsible for the Product Control Operations at AES Clean Energy.

Requirements

• Experience of 3+ years in the energy industry in product control and/or market risk.
• Understanding of MTM, P&L reporting and operational control process for a trading desk is critical.
• Experience with ETRM systems, in general, is essential with Allegro experience preferred.
• Experience in several US power markets, including energy, ancillary services, and environmental products.
• Bachelor's degree in Finance, Economics, Math, Engineering, sciences, or equivalent.

Nice To Haves

• Understanding of price validation is helpful.
• Experience with risk reporting and P&L attribution is desirable.
• Knowledge of programming languages (SQL, Python, VBA) is preferred.
• Knowledge of dashboard development (Power BI) is preferred.
• Knowledge of data management systems (Zema) is preferred.

Responsibilities

• Work with the Risk & Commercial team to develop and improve P&L reporting and P&L attribution.
• Provide daily and monthly commentary on P&L / Variable Margin drivers.
• Assist with validation of MTM for trading portfolio and documentation of variances.
• Work with the trading teams to capture and validate trade entry and ensure that positions and risks are accurately recorded in the ETRM system.
• Work with the Trading Desk to capture and validate price curves for Clean Energy products.
• Work with the Accounting team and Settlements, to review/approve invoice payments.
• Support the Accounting and Finance teams with routine audit requests.
• Assist with monthly Risk Committee reporting on Variable Margin, risk exposures and transaction activity.
• Reconciliation of trade positions between Broker data and ETRM system.

What This Job Offers

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