Risk Analyst - Hybrid

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Job Summary:

NRG is looking for an Analyst to join its Risk team. This is a high visibility role which will allow you to interact with traders and senior management to assure that pricing, hedging and risk evaluation techniques are applied and monitored. In order to succeed you must possess strong analytical and problem-solving skills along with good communication skills. This position will report to the Product Control Manager within the Risk group and will be located in either our Princeton, NJ or Houston, TX office.

Essential Duties/Responsibilities:

• Analyze, value and provide risk analysis around complex transactions and portfolio positions, including power generation, load contracts, complex derivatives, hedging strategies and trading assets.
• Develop and monitor position reports, PnL reports for energy portfolio.
• Mark and/or validate end-of-day curves in the risk system.
• Leverage problem solving, analytical skills, and new technologies to enhance and automate various risk processes.
• Collaborate effectively within the Risk team and other departments on issues/projects.
• Work closely with costing team and VHOS IT and ensure that new deals are priced correctly and its risk legs and costs are correctly computed within VHOS.
• Make changes to queries in response to business needs.
• Support reporting requests from NRG's internal and external auditors.
• Work closely with IT on risk system improvements and testing new enhancements.
• Other duties as assigned.

Working Conditions:

• Open office environment.
• Some overtime required as special projects arise.
• Travel (minimal).

Minimum Requirements:

• Bachelor's degree in quantitative disciplinelike Finance, Business, Economics, Engineering, Science, Computer Science, or equivalent quantitative risk experience.
• Experience writing complex queries using SQL from one or more relational database such as oracle, SQL Server, MySQL etc.
• Some experience with one or more programming language like R, Python, Matlab.
• Extensive experience with VBA programming and highly skilled with other MS Office products including Excel, Access, Word and PowerPoint.

Preferred Qualifications:

• Understanding of commodity transaction types and market structures, experience within the power and gas sectors.
• Understanding of common risk metrics and control methodologies within commodity trading environment.
• Load costing / pricing experience in deregulated market.
• Experience with Power Costing system.
• Demonstrated ability to deal with and communicate complex portfolios and transactions.

• Risk Experience with retail power trading.

Additional Knowledge, Skills and Abilities:

• Strong analytical and quantitative skills.
• Strong communication skills.
• Attention to detail, diligent, strong organizational skills, curious, confident and creative.

Physical Requirements:

• None

This posting is not open to applicants who reside in or intend to work remotely (fully or partially) from the State of Colorado, New York City, or West Chester County, NY.If you reside in or intend to work remotely from Colorado, New York City, or Westchester County, you may contact [email protected] to request access to post for this position. If such request is granted, you will be provided pay range and other information as required by applicable law. Please include the job title in your request.

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NRG Energy is committed to a drug and alcohol free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Vet/Disability Level, Title and/or Salary may be adjusted based on the applicant's experience or skills. Official description on file with Talent.

Nearest Major Market: Houston