Senior Market Risk Analyst - Power & Gas

Gunvor Group Ltd•Houston, TX

4d•Onsite

About The Position

The Senior Risk Analyst — Gas & Power owns day‑to‑day market risk monitoring for our gas and power portfolios across the Americas, providing timely analysis, and risk reporting. This is a senior individual contributor role with clear career path to a manager role as the team grows. The role partners closely with trading desks, middle office, compliance, finance, and ops to ensure disciplined risk-taking, robust controls, and actionable insights.

Requirements

Strong quantitative and analytical capability with market intuition for gas & power markets.
Understanding of extrinsic risk/options.
Advanced Excel, VBA and experience with risk systems (e.g., Endur, Allegro, Murex, Calypso, or proprietary systems) and BI tools (Power BI/Tableau) preferred.
Solid understanding of VaR, stress testing, P&L attribution, Greeks/option risk, and forward curves/shape dynamics.
Excellent stakeholder management and communication skills—able to translate analysis into clear recommendations.
High attention to detail, process orientation, and appreciation for controls and auditability.
Ability to work under pressure, prioritize multiple requests, and provide timely outputs for trading hours.
Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or related quantitative field.
Proficient in Excel (advanced modelling), SQL or Python for data pulls/analysis.
Familiarity with trading/risk platforms (Endur/Allegro, ETRM systems) and market data feeds.

Nice To Haves

Advanced degree (MS/MA) or professional risk certification (FRM, PRM) is a plus.
Direct experience with physical and financial gas/power products, time spreads, fixed-price contracts, storage, and LNG preferred.
Proven track record producing risk reporting, P&L attribution and supporting front-office decision making.
Experience with Workday or HR systems not required but helpful for internal coordination.

Responsibilities

Monitor intraday and end‑of‑day market exposures (VaR, P&L-attribution, Greeks where applicable) for gas and power portfolios.
Enforce and report against trading limits, dealer limits, VaR and stress-test thresholds; escalate breaches and remedial actions.
Design and run scenario analyses and stress tests (historical and hypothetical) to assess portfolio resilience under market shocks.
Provide forward-looking risk outlooks and identify concentration or liquidity risks.
Assess exposure to tail risks, volatility spikes, and dislocations in gas and power markets.
Review model inputs (curves, vol surfaces, hubs, heat rates) and raise model or input exceptions.
Maintain and enhance valuation and risk models, testing methodologies and validating assumptions against market fundamentals.
Monitor and enforce trading mandates, VaR limits, position limits, and stress thresholds.
Maintain strong control frameworks, audit trails, and policy compliance in line with internal and regulatory requirements.
Partner with Compliance, Legal, Credit, and Finance to ensure robust governance and adherence to risk policies.
Implement and improve risk processes and automated controls to reduce operational risk.
Act as a trusted risk partner to traders and desk heads—provide real-time decision support, trade-level risk assessments and pre‑trade checks.
Train and mentor junior risk analysts; contribute to hiring and process scaling.