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Energy Risk Analyst Jobs (NOW HIRING)

Risk Analyst I

Warren, NJ ยท Hybrid

$57K - $98K/yr

Title: Risk Analyst I Company: Everest Global Services, Inc. Job Category: Risk Management Risk ... Energy, Marine, Natural Catastrophe, Terrorism, and Credit/Surety risks. This role supports ongoing ...

New

This position ensures compliance with ODEC's Energy Risk Management Policy (ERMP) and Energy Risk ... Prepare, review, and present risk management reports and analyses to leadership and the RMC.

Risk Analyst I

Warren, NJ ยท Hybrid

$57K - $98K/yr

Title: Risk Analyst I Company: Everest Global Services, Inc. Job Category: Risk Management Risk ... Energy, Marine, Natural Catastrophe, Terrorism, and Credit/Surety risks. This role supports ongoing ...

New

Market Risk Analyst

Houston, TX ยท On-site

$125K - $152K/yr

... risk analysis to help Phillips 66 manage its commodity exposures and trading activities. You'll ... This is a great opportunity to deepen your understanding of energy markets, work with trading and ...

Market Risk Analyst

Houston, TX ยท On-site

$125K - $152K/yr

... risk analysis to help Phillips 66 manage its commodity exposures and trading activities. You'll ... This is a great opportunity to deepen your understanding of energy markets, work with trading and ...

... energy trading valuation and risk-control orientation. Job Duties & Responsibilities 1) ... Design and improve analytical frameworks for VaR, Expected Shortfall, stress testing, backtesting ...

An advanced degree, and pertinent advanced certifications, are a plus. * 5+ years of experience in risk analytics or market operations within the power sector or energy trading. * Proficient in ETRM ...

... energy trading valuation and risk-control orientation. Job Duties & Responsibilities 1) ... Design and improve analytical frameworks for VaR, Expected Shortfall, stress testing, backtesting ...

Schedule and Risk Analyst

Arlington, VA ยท On-site

$80K - $160K/yr

Overview Tecolote Research, Inc. is seeking a highly skilled and experienced schedule and risk analyst to participate in acquisition reviews for various Department of Energy (DOE) programs. This role ...

Senior GRC Risk Analyst

Carmel, IN ยท On-site

$105K - $130K/yr

Join MISO as a Senior GRC Risk Analyst , where you will play a key role in safeguarding the power ... Operating the electricity grid, running a robust energy market, planning for a bright future - it ...

At Williams, we make clean energy happen. And you can too, so bring your energy to ours! At ... The Senior Credit Risk Analyst manages credit risk for a portfolio of counterparties by evaluating ...

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Energy Risk Analyst information

See salary details

$15

$40

$65

How much do energy risk analyst jobs pay per hour?

As of Jul 9, 2026, the average hourly pay for energy risk analyst in the United States is $40.49, according to ZipRecruiter salary data. Most workers in this role earn between $29.81 and $49.28 per hour, depending on experience, location, and employer.

What is the difference between Energy Risk Analyst vs Energy Trader?

AspectEnergy Risk AnalystEnergy Trader
CredentialsBachelor's degree in finance, economics, or energy; certifications like FRM or CFA beneficialBachelor's degree in finance, economics, or energy; certifications like CFA advantageous
Work EnvironmentAnalytical, risk management teams, corporate officesFast-paced trading floors, financial institutions, energy companies
Industry UsageUsed across energy companies, utilities, and financial firms for risk assessmentPrimarily in trading firms, energy companies, and hedge funds for buying and selling energy commodities

While both roles involve understanding energy markets, the Energy Risk Analyst focuses on assessing and managing risks associated with energy investments, whereas the Energy Trader actively buys and sells energy commodities to maximize profits. The roles often overlap in skills and industry settings but differ in daily responsibilities and objectives.

What does an Energy Risk Analyst do?

An Energy Risk Analyst identifies, evaluates, and manages risks associated with the buying, selling, and trading of energy commodities such as oil, gas, and electricity. They analyze market trends, assess financial risk exposures, and develop strategies to minimize losses due to price fluctuations or regulatory changes. Their work helps energy companies make informed decisions and ensure stable operations in volatile markets. Energy Risk Analysts often use quantitative models, risk management tools, and collaborate closely with traders and management teams.

What are some common challenges faced by Energy Risk Analysts in their day-to-day work?

Energy Risk Analysts often encounter challenges such as rapidly changing market conditions, regulatory shifts, and the complexity of modeling price volatility for commodities like oil, gas, and electricity. They must stay current with global events that impact energy markets and be adept at analyzing large data sets to assess potential risks. Additionally, collaboration with traders, portfolio managers, and compliance teams is essential to ensure effective risk mitigation strategies, making strong communication skills and adaptability crucial in this dynamic environment.

What are the key skills and qualifications needed to thrive as an Energy Risk Analyst, and why are they important?

An Energy Risk Analyst requires strong analytical skills, a background in finance or economics, and familiarity with energy markets, often supported by a relevant degree. Proficiency in risk management software, financial modeling tools like Excel, and sometimes certifications such as FRM or CFA is common. Exceptional attention to detail, problem-solving abilities, and effective communication set top performers apart. These skills are vital for accurately assessing market risks, making informed recommendations, and supporting strategic decision-making in the complex energy sector.
More about Energy Risk Analyst jobs
What cities are hiring for Energy Risk Analyst jobs? Cities with the most Energy Risk Analyst job openings:
What states have the most Energy Risk Analyst jobs? States with the most job openings for Energy Risk Analyst jobs include:
Infographic showing various Energy Risk Analyst job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $84,210 per year, or $40.5 per hour.

Contractor

Posted 19 hours ago


Job description


Title: Senior/Principal Risk Analyst
Duration: 12 Months
Location: Tualatin, OR - Local Preffered
Open to Remote caniddate from PST or MST time zones.
Description
PGE seeks a Senior or Principal Risk Analyst with energy analytics, quantitative analysis, and fundamentals experience to analyze risk and develop actionable business intelligence for effectively navigating dynamic energy markets. This highly visible position will be at the forefront of modelling and analyzing the evolving future of the power sector and guiding the company's approach to risks and opportunities related to energy infrastructure and market investments. with strong growth possibilities within the organization.
Responsibilities include but are not limited to:
  • Leading Power Operations RiskManagement running and analyzing operational report. Work with PowerOperation on assessing trading risk limits and assessments. development ofnew quantitative models, validating and/or enhancing existing models, andassisting internal partners and staff in understanding and using themodels for effective risk analysis and decision making.
  • Providing analytical fortrading, portfolio management, origination, energy market risk, creditrisk and finance; interpreting and sharing qualitative insights andfeedback from commercial teams into quantifiable terms to help improveperformance.
  • Independently initiating andanalyzing surrounding optimization in competitive markets, stochasticsimulations, and the interplay between zero- or low-marginal costresources and traditional energy generators.
  • Identifying and implementingeffective approaches to quantitatively evaluate energy infrastructurebenefits and costs, as well as risks and risk mitigation.
  • Design complex valuation andprice models for structured products including tolling agreements, PPAagreements, full requirements/load-following deals, shaped products,revenue puts, exotic options (swaptions, basket options, look-backoptions, heat rate options, etc.), weather derivatives, unit contingency,etc.
  • Understand risk metricsmodels such as Value at Risk (VaR), Mark to Market, Gross Margin at Risk(GMaR).
  • Proposing and implementingportfolio and asset optimization frameworks. Will build bespoke frameworksfor exploring, designing, and deploying systematic portfolio strategies,including generation asset optimization, natural gas storage andtransportation optimization, cross-commodity hedge optimization (optimalhedge ratio) and FTR hedging/bidding optimization.
  • Leading quantitative researchand modeling tasks related to macro industry trends, energy markets,ancillary services, capacity markets and commercial activities using toolssuch as artificial intelligence, machine learning, game theory, supply anddemand and price simulation models, probabilistic models, option valuationtools, and portfolio characteristic desk tools.
  • Provide statistical analysisand quantitative tools for trading and hedging purposes, including modelcommodity data for specific markets and produce ad hoc analysis based onshort-term market developments.
  • Communicating effectively andinfluentially to diverse audiences about modeling methodologies, analysesand results in business practical terms that include a focus on the "why."
  • When needed, providing expertwitness testimony for market and regulatory proceedings.
  • Make decision using theexisting Risk Management Policy and Procedure framework.

Requirements
Requirements
  • BS or MS discipline(engineering, statistics, science discipline, economics).
  • How many years of experienceare you looking for?: 3 - 4 + years in a similar role within the energyindustry
  • Have a broad background inenergy and quantitative risk analysis in North America with a focus onpower, natural gas, and renewables.
  • BS or MS - discipline(engineering, statistics, science discipline, economics, and finance).
  • Bring 3 - 4 or more years ofexperience in a quantitative role within the energy industry or directlyrelated academic setting with application in the energy industry.Experience with wholesale power and/or gas markets and quantitative energytrading experience is preferred.
  • Have developed expertise inat least one of the following techniques: time series analysis, advancedregression and econometric techniques, advanced optimization techniquesleveraging commercial solvers.
  • Strong competence incommunication
  • Experience with ProductionCost Modeling
  • Advanced Microsoft OfficeSuite skills (Word, PowerPoint, Excel).
  • Ability to communicate andwork with different organizations outside of risk management.
  • Experience with Endur ETRM isa plus.

Top 3 Must-Haves (Hard and/or Soft Skills):
1. Experience with Production Cost Modeling
2. Experience with wholesale power and/or gas markets
3. Experience with Risk Management System
Top 3 Nice-To-Haves (Hard and/or Soft Skills)
1. Experience with Endur ETRM
2. Advanced Microsoft Office Suite skills (Word, PowerPoint, Excel
3. Experience to translate numbers to actionable plan for coworkers