Middle Office Analyst - Level III or Sr
Listed on 2026-06-18
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Finance & Banking
Risk Manager/Analyst, Financial Analyst, Financial Compliance
Middle Office Analyst III
Level III Salary Range: $86,900-$130,400
Level Sr Salary Range: $114,900-$172,400
ESSENTIAL JOB FUNCTIONS- Perform daily calculations and validations for key metrics, such as Mark-to-Market (MtM), Margin-at-Risk (MaR), Value-at-Risk (VaR), and credit exposure.
- Monitor daily power supply portfolio costs and net positions to ensure accuracy and adherence to risk guidelines.
- Validate trade data and transactions to identify discrepancies and support error resolution.
- Conduct quantitative and qualitative analyses to identify risks (market, credit, operational) and performance trends in energy trading and portfolio management.
- Prepare and deliver routine and ad‑hoc reports, including Key Performance Indicators (KPIs), to assist senior analysts and leadership in decision‑making.
- Support compliance with hedging policies by identifying and reporting deviations to senior team members.
- Assist in identifying inefficiencies in middle office workflows and recommend process improvements.
- Collaborate with cross‑functional teams and IT staff to implement updates and enhancements to trading, risk management, and reporting systems.
- Contribute to the refinement of internal controls and procedures to ensure operational accuracy and alignment with organizational objectives.
- Ensure data accuracy and completeness across systems used for energy trading, risk management, and financial reporting.
- Generate routine reports, including profit and loss (P&L), compliance documentation, and risk exposure summaries, for internal and external stakeholders.
- Perform data validation and reconciliation to ensure high‑quality reporting outputs.
- Support the enforcement of internal controls to maintain compliance with regulatory standards (e.g., FERC, NERC).
- Assist senior analysts in preparing documentation and materials for audits and regulatory reviews.
- Stay updated on compliance requirements and ensure middle office practices align with industry standards.
- Stay informed about MISO market operations and energy market trends to anticipate potential risks and opportunities.
- Collaborate with other departments, including front office and back office teams, to facilitate seamless communication and alignment on organizational goals.
- Build relationships with external stakeholders, including market operators and auditors, as required.
Level III: Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field is required; MBA preferred. Minimum of five (5) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Experience with in the electric utility or energy sector is strongly preferred.
Sr. Level: Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field is required; MBA preferred. Minimum of eight (8) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Significant experience within the electric utility or energy sector is highly preferred.
Skills- Solid understanding of financial principles, energy markets, and risk management concepts.
- Proficiency in financial modeling, data analysis, and visualization tools (e.g., Microsoft Excel, PowerBI).
- Familiarity with MISO market operations and regulatory requirements (e.g., FERC, NERC) is a plus.
- Strong analytical and problem‑solving skills with a detail‑oriented mindset.
- Excellent communication and interpersonal skills, capable of working effectively with cross‑functional teams.
- Ability to adapt to shifting priorities and deadlines in a dynamic work environment.
- Demonstrated ability to learn and apply new systems, tools, and technologies.
- High level of professionalism, accountability, and commitment to quality.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is…
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