Manager Quantitative Commodity Market Risk
Core
Lead daily risk reporting and VaR model integrity for North American commodity markets (power, natural gas, crude oil, NGLs), delivering decision-useful insights on MTM, VaR, and open positions.
Role type
Manager, Quantitative Commodity Market Risk
Builds
Enterprise-wide risk reports, risk control processes, and automated risk tools (Python, Power BI) for commodity trading activities.
Domain
Energy commodities (power, natural gas, crude oil, NGLs) and quantitative risk management
Deliverable
production ML models | dashboards & analysis
Required skills
VaR modeling, P&L decomposition, Python, SQL, Power BI, stress testing, scenario analysis, market risk limits management, ETRM systems (Openlink/Endur), pricing data validation, regulatory compliance (SOX, ISO regulations)
Preferred skills
CFA/MBA/FRM designation, power market LMP/congestion analysis, specific ISO market experience (PJM, MISO, NYISO, etc.), options valuation, spark spread/heat rate risk management
Technologies
Python, SQL, Power BI, Openlink, Endur
Responsibilities
Oversee VaR model accuracy and data connectivity; lead market risk assessments for new business initiatives; manage daily risk reporting and limit monitoring; drive project delivery for risk reporting tools and automation; cultivate cross-functional partnerships for front-to-back success; provide risk policy approval recommendations and governance.
Seniority
Manager, hands-on IC with team leadership
