We are looking for a Market Risk Analyst with a keen interest in Energy Commodity Markets to join us in either our Houston TX or Stamford CT office.
Requirements
- Ensuring accuracy of global VAR and historical simulation systems, responsible for daily sign-off, identifying and resolving any errors and ensuring new products are included and modeled appropriately.
- Developing and maintaining appropriate stress test scenarios in consultation with front office, adapting to new products and changing market conditions.
- Continually developing an understanding of and monitoring market conditions and trader positions and rationale, with a view to discussing with management and front office, able to make recommendations on exposures and risk.
- Assisting in validating structured product deal valuation, risks assessment, and model logic verification.
- Monitoring traders’ compliance-to-risk controls including VAR, stress test, drawdown, and stop loss limits. Determining and monitoring appropriate secondary limits such as on exchange position/trade sizing, option trading, and liquidity.
- Monitoring and understanding option exposures, rationale, and risks.
- Monitoring and understanding power congestion trading strategies and risk exposures.
- Managing daily relationships with key stakeholders including senior management, front office, middle office, operations, finance, and technology.
- Reviewing new products and deal types, providing recommendations to the Market Risk Manager on appropriate controls.
- Working closely with Engelhart Technology team to specify/prototype/validate new models and risk system tools and reporting capabilities.
Benefits
- Competitive compensation and participation in Engelhart’s discretionary bonus plan.
- 20 days of annual holiday entitlement, excluding US public holidays (NYSE).
- Robust benefits package such as Medical, Dental, Vision, Life insurance, 401(k) match, and supplemental benefits partially subsidized by the Company.
- Eligibility to receive external and internal training in accordance with our Training & Development Policy.
