Senior Manager, Market Risk

Location: 

Houston, Texas, US, 77002

Job ID#:  919
Job Category:  Commercial / Risk
Position Type:  Regular FT

JERA Americas Inc. is part of a global energy company, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Summary

Summary/Objective

 

The Sr Manager, Market Risk is responsible for monitoring, identifying, and analyzing the organization’s market risk exposure on a day-to-day and long-term basis to mitigate market risks for IPP, Fuels, and Asset-Backed Trading business lines.

Position Description

Essential Functions

 

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Onboard and build out a new ETRM, Curve Management Tool, and BI Reporting tools
  • Developing standardized Position, P&L, Risk Metric reporting for all business units in JERA Americas
  • Understanding stochastic generation/asset modeling for position and margin management
  • Analyzing results and providing detailed P&L explain regarding portfolio changes
  • Work directly with the Quantitative and Fundamental Analytics (also in CRO group) to build “enhanced” analytics and sensitivities
  • Proposing valuable improvements to existing models or methodologies for evaluating portfolio risks
  • Assist in development of proper risk metrics
  • Perform analysis and monitoring including GMaR, VaR, Gen Delta, PFE and portfolio stress testing
  • Assist in modeling of capacity and congestion
  • Desire to be a part of a high performing and analytical team

Qualifications

Required Education and Experience

 

  • Bachelor's Degree in a business discipline
  • Minimum of 5 years’ experience with risk analysis and valuation of wholesale power generation, and risk analysis and valuation in retail power business
  • ETRM & systems implementation experience
  • Experience with programming with at least one software language generally used in financial models like VBA, MatLab, SAS etc.
  • Experience with modeling of power markets Skills/Knowledge/Abilities
  • Model-building skills; experienced with analytical and data manipulation applications

 

Preferred Education and Experience

 

  • Advanced degree in a business discipline

 

 

JERA Americas does not accept unsolicited resumes from third party recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, JERA Americas shall have no obligation to pay any referral compensation or recruiter fee.

AP/EEO Statement

JERA Americas Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.


Nearest Major Market: Houston