Sr. Risk Analyst

Reporting to the Director, Risk Management, the Sr. Analyst, Risk will provide analysis, evaluate and communicate risk exposures associated with portfolio assets, asset operations, and trading activities. The analyst will be the primary risk liaison for ETRM support, manage preparation of weekly Risk Committee materials, and collaborate with the Commercial Team to validate strategies and ensure risk limits.

• Perform daily risk analysis and valuation of trading positions across power markets/ISOs.
• Calculate and monitor Value‑at‑Risk (VaR), mark‑to‑market (MtM), and conduct stress testing.
• Collaborate with the Commercial Team (Real Time Desk and Hedging/Optimization) to validate strategies, ensure adherence to risk limits, and assess evolving market risks.
• Support monitoring of changes in forward positions and hedges, alerting the Director and providing consultation to FP&A on budget projections.
• Research P&L drivers and variances from anticipated performance.
• Ensure compliance with hedge plans and report violations to the Risk Management Committee.
• Maintain and improve risk data flows and reporting accuracy with front‑office, back‑office, and IT teams.
• Provide model development for pricing, valuation, and risk metrics using historical and forecast market data.
• Manage enhancements, configurations, and user support for the PCI ETRM system.
• Lead creation and delivery of weekly Risk Committee reports, including portfolio risk exposure, MtM analysis, P&L attribution, and limit monitoring.
• Monitor market movements and fundamental drivers to supply insights on potential risks.
• Support risk model validation, scenario analysis, and stress testing for the portfolio.
• Assist in audit, compliance, and regulatory reporting related to trading and market risk activities.

• Bachelor’s degree in finance, economics, engineering, mathematics, computer science, or related field; advanced degree or certifications a plus.
• 5+ years of experience in risk analytics or market operations within the power sector or energy trading.
• Proficiency in ETRM systems, preferably PCI.
• Solid understanding of U.S. ISO markets (PJM, NYISO, ISO‑NE) and hedging strategies.
• Strong background in data management and analysis, market analysis, advanced risk management, trading theory, and compliance.
• Advanced Excel, SQL, and Python skills; experience with VAR, Power BI, Tableau, or R considered a plus.
• Excellent written and verbal communication skills and ability to present complex data to senior leadership.
• Detail‑oriented, self‑motivated, capable of managing multiple priorities in a fast‑paced environment.

Alpha Gen is an equal opportunity employer.

Disclaimer:
The salary, other compensation, and benefits information is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, subject to applicable laws.