Mgr, Risk Control

Job Summary

As a key member of Southern Company Gas’s Retail Business Risk Management organization, this position will lead a team of professionals responsible for managing risk governance routines and control processes to ensure that commercial sales, supply procurement, and hedging activities are performed in accordance with internal policies and government regulations. The position provides independent oversight of trading activities and ensures transparency of risk exposure to senior leadership.

This role is responsible for guaranteeing the accuracy, integrity, and compliance of all trading, hedging, and sales transactions, including oversight of contract, confirmation, and environmental credit tracking processes.

• Risk Monitoring and Reporting
  • Oversee daily and periodic risk reporting, including mark‑to‑market valuations, exposure analysis, and market position detail.
  • Manage the administration and regular updates to South Star’s Commodity Risk Management Policy.
  • Lead preparation and review of position and valuation reports for leadership.
  • Support stress testing and scenario analysis to evaluate market risk exposure.
  • Monitor and escalate breaches of risk limits, including Value‑at‑Risk (VaR) and position thresholds.
  • Manage regulatory reporting to ensure compliance with FERC, CFTC, SEC, and other government regulations regarding trading activities.
  • Ensure compliance with key and non‑key Sarbanes‑Oxley and financial reporting internal control frameworks, including assessment and review of the design and operational effectiveness of these controls.
  • Provide technical support and recommendations to commercial organizations for modeling and mitigating the risk impacts of contemplated deal structures.
  • Drive continuous improvement of processes, including contract, risk reporting, and environmental credit tracking workflows.
• Systems and Data Integrity
  • Oversee the Energy Trading & Risk Management (ETRM) system, ensuring accurate trade capture, valuation, and reporting.
  • Ensure integrity of market data, pricing curves, and valuation inputs.
  • Maintain strong controls around transaction documentation, audit trails, and record retention.
• Environmental Credit Tracking
  • Oversee tracking and administration of environmental credits, including carbon offsets and certified low‑emission credits.
  • Ensure accurate accounting, reconciliation, and retirement of credits in alignment with customer usage and contractual commitments.
  • Support compliance with certification and audit requirements (e.g., third‑party environmental certification programs).

• Partner with technology teams to implement ETRM improvements, upgrades, and enhancements.
• Partner with legal, trading, and operations teams on contract interpretation and compliance.
• Partner with commercial, regulatory, and operations teams to ensure proper reporting and transparency of environmental product activity.
• Collaborate with trading, legal, accounting, operations, and regulatory teams to ensure alignment across transactions, contracts, and reporting.
• Support audits, regulatory reporting, and compliance initiatives.
• Provide insights and recommendations to senior leadership on risk exposure and control effectiveness.
• Lead, mentor, and develop a team of risk control and contracts professionals.
• Foster a strong culture of risk awareness, accountability, and operational excellence.

Education

• Bachelor’s degree in Accounting, Finance, Mathematics, Business Management, Economics, or related field

Work Experience

• Required:
  • 5+ years of experience in energy trading, commodity risk management, contract administration, or middle‑office operations.
  • 2+ years team management or leadership experience.
  • Experience with both physical and financial trading instruments, including futures, swaps, options, and weather products.
  • Knowledge of regulatory frameworks such as FERC, CFTC, etc.
  • Understanding of wholesale and retail energy markets.
• Preferred:
  • Extensive experience with ETRM platforms (e.g., Endur/Openlink or similar).
  • Experience working with environmental credits such as carbon offsets or renewable/low‑emission credits.
  • Strong understanding of commodity contracts,…