Energy Risk Management- Resource Specialist
Location: Local to Los Angeles
Local Candidates (Southern California)
The work schedule is hybrid. Two days a week in office.
Looking for someone who has a minimum of 10+years of energy industry experience in energy risk management.
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).
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.