Energy Risk Management Specialist

3 hours ago


Houston, Texas, United States Pattern Energy Group Full time
Job Title: Manager, Trade Control

Pattern Energy Group is seeking a highly skilled and experienced professional to join our Middle Office function as a Manager, Trade Control. This role will play a critical part in providing risk management expertise for our Energy Management activities in the wholesale power and renewables markets in USA and Canada.

Key Responsibilities:
  • Monitor and ensure compliance with our trading policies, limits, and internal controls.
  • Provide daily reporting and analysis of key metrics such as P&L, net position, and Value at Risk (VaR) to the trading, finance, and management teams.
  • Develop and maintain our energy risk management policies, processes, and procedures.
  • Verify trades, positions, and prices captured within our Energy Trading & Risk Management (ETRM) system (Allegro Horizon).
  • Complete daily and monthly reconciliation processes in conjunction with the Front Office and Back Office functions.
  • Participate in development and implementation projects to improve and automate our internal controls, metrics, and technology systems.
  • Manage collateral posted with the ICE futures exchange and ISOs (e.g. ERCOT, CAISO).
  • Assist with the contracting and confirmation process for ISDA and EEI master agreements for bilateral sales of power and Renewables Attributes (RECs, carbon offsets, etc.).
Requirements:
  • Bachelor's degree in Finance, Mathematics/Statistics, Business, Economics, or a similar commercial or quantitative subject.
  • 4 years of relevant experience in commodity risk management, compliance, or trading.
  • Knowledge of US power or natural gas markets, with a strong understanding of market operations for renewables in ERCOT and CAISO.
  • Prior experience in using ETRM systems such as Allegro Horizon, OpenLink, or Aligne.
  • Excellent written and oral communication skills.
  • Expert-level numerical and analytical skills to investigate and understand daily movements in risk management metrics and reports.
  • Ability to work with a high level of accuracy and attention to detail.

This is an exciting opportunity to join a leading renewable energy company and contribute to our mission of transitioning the world to renewable energy. If you are a motivated and collaborative professional with a passion for risk management and trading, we encourage you to apply.



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