Senior Resource Specialist Job Los Angeles area,California USA,Engineering

Position: 252 Senior Resource Specialist
Onsite:
Los Angeles

The Senior Resource Specialist will work in a very busy team-oriented environment. In this role the Senior Resource Specialist with Energy Risk Management experience will be responsible for identifying, measuring, and mitigating financial and operational risks within our wholesale energy portfolio. The Senior Resource Specialist will ensure that market volatility is managed within the organization's risk framework. The ideal candidate will possess a deep understanding of energy commodity markets (Power, Natural Gas, Renewables) and the mathematical models used to price risk in a volatile environment

These tasks include but are not limited to:

Develop and implement the entire ETRM workflow, including the selection and implementation of an ETRM system.
Maintain and update Energy Risk Management Policy including all risk limits.
Lead and manage Risk Oversight Committee meetings.
Establish Risk, Net Cost, and exposure management (positions, valuation curves, mark-to-market) processes, settlements and close (pricing, statement reconciliation) interfaces and integrations and market and pricing data management.

Quantitative Risk Modeling:

(a) Calculate and report daily Value at Risk (VaR) and Mark-to-Market (MtM) valuation for the energy portfolio, including both physical and financial products.
(b) Perform Monte Carlo simulations and stress tests to evaluate portfolio performance under extreme market conditions (e.g., weather events, infrastructure failure).
Validate forward price curves.
Develop and automate risk reporting dashboards for executive leadership and the Risk Oversight Committee, highlighting breaches and portfolio exposures.

Middle Office & Governance:

(a) Monitor trading activity to ensure compliance with the Risk Management Policy and authorized trading limits.
(b) Analyze Basis Risk (locational price differences) and Shape Risk (timing of delivery) to ensure hedging strategies are effective.
c Collaborate with the back office to resolve trade discrepancies and ensure data integrity within the ETRM (Energy Trading and Risk Management) system.
Demonstrate willingness and capability to leverage emerging technology, automation, and Al tools to improve efficiency, quality, and speed.
Exercise sound judgment, creative thinking, and accountability for outcomes.
Performs other related Accountant job duties as required.
To be successful in this role, you'll need to 6+ years of energy industry experience in an energy risk management role M.S. or Ph.D. degree in a quantitative discipline (mathematics, quantitative finance, economics, statistics data science).

Experience

Qualifications:

Education and Experience:

A Bachelor's degree from an accredited college or university, majoring in a related field and eight years of relevant experience; or an advanced degree from an accredited college or university, majoring in a related field and six years of relevant experience.
General Required Knowledge of:
Public policy and government regulations, financial and budgeting practices and procedures; long-term planning water needs assessment; team building; relevant federal, state, and local laws; project management, contract administration; environmental regulations relevant to area of expertise; trends and emerging energy and water quality technologies; experimental design and methods development; water conservation programs; water resource policy interpretation and development; environmental resource permitting, management, mitigation and planning;

groundwater treatment technology; water transfers and exchanges; water resources and hydrogeology; project, risk, and task management; groundwater quality.

General Required

Skills and Abilities

to:

Manage complex projects involving water transfer, exchange, environmental resource mitigation, permitting, and planning
Negotiate storage or environmental agreements with outside agencies and authorities
obtain permits; manage studies relating to groundwater characterization, management, impact assessment, protection and groundwater quality conditions
Prepare detailed project plans and reports; conduct complex problem solving related to water resource and storage issues
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