Market Risk Manager

2 months ago

Juno Beach, United States NextEra Energy Resources Full time

Date:

Jul 3, 2024 Company:

NextEra Energy Requisition ID:

80534 NextEra Energy Marketing

is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today Position Specific Description We are looking for a highly skilled, hands-on market risk manager and product controller to join our market risk management team. This team operates several areas of support that some firms may operate separately: market risk management, product control, and independent price verification. We see these areas as inseparable for a complete understanding of the trading risks. The person we are seeking is a seasoned professional who is excited about energy risk management and can translate that into building a first-class risk function. This role reports to the Director, Head of Market Risk Management and is based at NextEra Energy’s headquarters in beautiful Juno Beach, FL. NextEra is uniquely positioned in the US power markets, especially in renewables, and continues to grow. While we expect the successful candidate to make a commitment to this role, the company offers extensive career opportunities at this location. Responsibilities:

Join a team of 3 to 4 market risk analysts, mentor junior team members Engage with traders, originators, and other business units to understand the strategies and risks across the trading floor and embed that understanding in risk management operations Develop and implement market risk models, including VaR, stress testing, and scenario analysis Monitor, analyze, and report on market risk exposures and assess exposures versus established limits Daily reconciliation and verification of trading P&L Explain profit and loss performance to management Produce and distribute daily P&L and attribution, position, and risk reports Perform independent price verification of pricing curves, propose valuation reserves as appropriate Evaluate complex transactions including calculating Day 1 and other reserves Application of company accounting policies to support external financial reporting Significant involvement in month-, quarter-, and year-end closing processes Conform to SOX controls processes and innovate controls improvements Work closely with other risk functions to ensure a holistic approach to risk management Support systems upgrades and implementations and Trading Risk Management automation projects Foster a risk-aware culture, model high ethical standards, and be a champion for the company’s values of excellence, doing the right thing, and respect Qualifications:

Proven success on a leading power and gas trading floor as a risk manager and/or product controller or closely related roles, e.g., trader, 8+ years Strong knowledge of power and gas markets, as well as other energy and traded markets Strong understanding of physical trading, derivatives, and financial products Excellent quantitative and analytical skills Excellent proficiency in Excel, SQL, and quantitative programming languages such as Python Experience with Energy Trading Risk Management Systems Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach Professional passionate about risk management Required Qualifications

Bachelor’s Degree Experience: 8+ years Preferred Qualifications

None Employee Group:

Exempt Employee Type:

Full Time Job Category:

Energy Trading Organization:

NextEra Energy Marketing, LLC Relocation Provided:

Yes, if applicable NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

#J-18808-Ljbffr

  • Market Risk Analyst

    3 weeks ago

    Juno Beach, United States NextEra Energy Resources Full time

    NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities,...

  • Market Risk Analyst

    3 weeks ago

    Juno Beach, United States NextEra Energy Resources Full time

    Date: Jul 3, 2024 Company: NextEra Energy Requisition ID: 80533 NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide...

  • Senior Market Risk Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position Overview:We are seeking a highly experienced and proactive Market Risk Manager to oversee our risk management initiatives within the energy sector. This pivotal role is essential for ensuring that our risk management strategies align with the dynamic landscape of energy trading.Key Responsibilities:Lead a dedicated team of market risk analysts,...

  • Senior Market Risk Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy , Inc. Full time

    Position OverviewThis role is essential for overseeing the energy marketing operations within a controlled framework, ensuring compliance with established risk management parameters.As a key player in this position, you will supervise a team of analysts tasked with reviewing daily trading position exposures, including various spreads and hedging activities...

  • Senior Market Risk Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy , Inc. Full time

    Position OverviewThis role is integral to ensuring that the energy marketing operations function within a well-regulated environment and adhere to established risk management parameters.Key ResponsibilitiesOversee a team of analysts focused on evaluating daily trading position exposures, including time and location spreads, cross-commodity arbitrage,...

  • Energy Market Risk Specialist

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position OverviewThe Energy Market Risk Specialist is integral to ensuring that the energy marketing operations function within a secure framework and adhere to established risk management protocols.This role involves reviewing daily trading position exposures, including time and location spreads, cross-commodity arbitrage, options, and hedging activities...

  • Energy Market Risk Specialist

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position OverviewThis role is essential for ensuring that the energy marketing operations are conducted within a controlled framework and adhere to established risk management parameters.Individuals in this position will assess daily trading position exposures, which encompass time and location spreads, cross-commodity arbitrage, options, and hedging...

  • Energy Risk Management Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position OverviewThe Market Risk Analyst plays a crucial role in overseeing the risk management functions associated with energy marketing operations. This position is integral to ensuring that all trading activities are conducted within established risk parameters and in a controlled environment.Company BackgroundNextEra Energy Marketing is recognized as a...

  • Energy Risk Management Specialist

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position Overview:We are seeking a highly experienced and proactive Market Risk Manager to enhance our risk management capabilities within the energy sector. This role is pivotal in overseeing market risk assessments and product control functions.Key Responsibilities:1. Lead a dedicated team of market risk analysts, providing mentorship and guidance.2....

  • Manager of Risk and Analytics

    2 months ago

    Juno Beach, Florida, United States NextEra Energy Full time

    Requisition ID: 80970 NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun, and a world leader in battery storage. We provide energy-related products and services that grow our economy, protect the environment, support our communities and help customers meet their energy needs. We are leading the...

  • Credit Risk Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position OverviewThe Credit Risk Analyst plays a crucial role within the Trade Risk Management division at NextEra Energy Resources. This department is integral in supporting various commercial teams, including trading, origination, and renewable energy development.Key ResponsibilitiesThe successful candidate will:Conduct comprehensive credit risk...

  • Senior Client Advisor

    1 week ago

    Deerfield Beach, Florida, United States Baldwin Risk Partners Full time

    The objective is to play a vital role within the Commercial Lines division, collaborating with Advisors, Directors of Risk Management, Client Service Specialists, and other team members to provide exceptional service to our commercial clientele. This position involves cultivating professional relationships with clients, insurance providers, and agency staff...

  • Financial Risk Analyst

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position: Credit Analyst - Energy MarketingCompany: NextEra Energy ResourcesBecome a vital part of NextEra Energy Resources, a premier provider of electricity and natural gas solutions across the nation. Our focus is on energy management and fuel optimization for an extensive renewable energy portfolio in North America, delivering tailored power and gas...

  • Commercial Risk Client Relationship Manager

    1 week ago

    Deerfield Beach, Florida, United States Baldwin Risk Partners Full time

    The primary objective is to play a vital role within the Commercial Lines team, collaborating with Advisors, Directors of Risk Management, Client Service Specialists, and other agency personnel to ensure exceptional service delivery to our commercial clientele. This position requires the development of professional relationships with clients, insurance...

  • Credit Risk Specialist

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position: Credit Analyst - Energy MarketingCompany: NextEra Energy ResourcesBecome a part of our esteemed team at NextEra Energy Resources, a prominent player in the electricity and natural gas marketing sector. We focus on electricity and fuel management across a broad renewable energy landscape in North America, delivering tailored power and gas solutions...

  • Risk Business Analyst

    3 weeks ago

    Juno Beach, United States Dice Full time

    Dice is the leading career destination for tech experts at every stage of their careers. Our client, Apex Systems, is seeking the following. Apply via Dice today! Job#: 2028572 Job Description: In this role as a Senior IT Business Systems Analyst, you will lead and facilitate teams where team members are geographically diverse to deliver business value...

  • Risk Business Analyst

    2 months ago

    Juno Beach, United States Dice Full time

    Dice is the leading career destination for tech experts at every stage of their careers. Our client, Apex Systems, is seeking the following. Apply via Dice today! Job#: 2028572 Job Description: In this role as a Senior IT Business Systems Analyst, you will lead and facilitate teams where team members are geographically diverse to deliver business value...

  • Strategic Risk Portfolio Marketing Manager

    4 days ago

    West Palm Beach, Florida, United States Vets Hired Full time

    Cyber Risk Marketing DirectorThis role demands a comprehensive grasp of B2B marketing strategies and campaigns, particularly within the Cyber and Strategic Risk sectors.Oversee marketing initiatives for the division, emphasizing execution and quantifiable return on investment.Work collaboratively with Global Cyber, US Risk Advisory, Marketing Excellence, and...

  • Senior Risk Analyst

    1 week ago

    Juno Beach, Florida, United States Dice Full time

    Position Overview:Dice is recognized as a premier career destination for technology professionals at all levels. Our client, Apex Systems, is looking for a qualified candidate for the following role.Job Description:As a Senior IT Business Systems Analyst, you will take the lead in guiding and facilitating teams that are geographically dispersed, ensuring the...

  • Energy Market Credit Evaluator

    1 week ago

    Juno Beach, Florida, United States NextEra Energy Resources Full time

    Position: Credit Analyst - Energy MarketingCompany: NextEra Energy ResourcesBecome a part of our esteemed team at NextEra Energy Resources, a premier electricity and natural gas marketer in the industry. We focus on energy and fuel management for an extensive renewable energy portfolio across North America, delivering tailored power and gas solutions to our...