Manager, Trade Risk

Manager, Trade Risk & Analytics page is loaded## Manager, Trade Risk & Analyticslocations: Audubon, PA (Hybrid)time type: Full timeposted on: Posted Yesterdayjob requisition id: REQ- # **\*Flexible Work Arrangement: Hybrid\*** The **Manager, Trade Risk and Analytics** is responsible for designing and implementing appropriate analysis, tools and reports that promote a deeper understanding of PJM market participant types, trading behavior, market positions, and exposures to enable PJM to monitor market activity and gain insightful knowledge of Member risk creation and management within its markets consistent with PJM governing documents and manuals. The Manager will provide leadership to a team of risk analysts in developing models, performing analysis and research, enhancing know-your-customer activities intended to understand idiosyncratic PJM member market participation, creating analytical tools and reports that provide risk insight. The Manager will work collaboratively within the risk management division and provide commercial risk management expertise towards building a proactive and forward looking risk management practice that anticipates and actively manages PJM membership’s exposure. **Essential Functions:*** # Manage a team of risk management professionals* # Lead the development of dashboard reporting tools to monitor market participant’s activities and assess portfolio health* # Oversee development of and reporting of scenario and stress analysis, and valuation metrics such as VaR & GMaR* # Supporting the Credit team in identification and estimation of exposure* # Provide risk advisory services related to risk controls and reporting to management* # Interact regularly with leadership and cross functional teams to understand strategic changes* # Liaise among internal departments, markets, ops, membership, settlements, Legal and Compliance to maintain transparency when communicating with market participants* # Creates market monitoring and surveillance reports that advance knowledge of the spectrum, variety and nuances of PJM Member market participation* # Creates reports to alert PJM’s internal risk team of potential concerns (i.e. unusual activity / behavior) and emerging risk* # Manage compliance and internal audit processes and procedures* # Employ commercial risk management techniques and knowledge of market instruments trading to identify and quantify risk# # **Characteristics & Qualifications:**# **Required:*** # Bachelor's Degree in Engineering, Mathematics, Economics, Finance or equivalent work experience* # Strong attention to detail and follows up on open issues. Strong understanding of commercial energy market risk management models and analysis. Confident team player who works well with others. Ability to prioritize tasks and work within a company with often competing pressures. Ability to explain complex ideas in a cohesive and concise manner.* # 8+ years of leadership experience in a commercial energy risk management role.* # 5+ years of managerial / supervisory experience# **Preferred:*** # MBA degree* # 10+ years of leadership experience in power industry risk management* # Familiar with energy risk management in various markets such as ISONE, NYISO, ERCOT, CAISO, and MISO and energy exchanges#()(blob: / 2:41PJM employees work collaboratively to maintain the reliability of North America’s largest centrally dispatched electric grid and to operate one of the world’s largest competitive wholesale electricity markets.We seek talented candidates who thrive in a diverse, challenging and creative environment where they have opportunities to grow, learn new skills and build a career.Learn more about PJM by visiting the .Discover your potential at PJM Interconnection, an energy industry leader dedicated to diversity and inclusion. We appreciate the unique contributions of individuals from all walks of life and strive to create an inclusive and nurturing environment where everyone can excel. Diversity includes everyone at PJM If you're seeking a dynamic and supportive workplace that values innovation and creativity, we invite you to explore opportunities with our team.### Benefits* Medical, vision and dental insurance* 401(k) plan with 100% employer match up to 5% of salary* Non-elective 401(k) employer contribution* Vacation and paid holidays* Tuition reimbursement* Life insurance* Accidental death and dismemberment insurance* Short-term and long-term disability coverage* Business travel and accident insurance* Child day care referral program* Employee assistance program* Adoption benefits recognized by the which has named PJM one of the best adoption-friendly energy and utility companies in America.#J-18808-Ljbffr