Risk Analyst, Power Product Control

NRG Energy Inc

Houston, TX

JOB DETAILS
SKILLS
Accounting, Analysis Skills, Career Development, Communication Skills, Data Analysis, Data Sets, Derivatives, Detail Oriented, Economics, Electricity, External Audit, Finance, Financial Mathematics, Hedge Funds, Information Technology & Information Systems, Internal Audit, Metrics, Microsoft Excel, Natural Gas, Organizational Skills, PC (Personal Computer) Systems, Power Generation, Presentation/Verbal Skills, Problem Solving Skills, Product Control, Profit & Loss, Risk, Risk Analysis, Risk Management, Set Goals, System Test, Team Player, Trading/Stockbroking, Value Analysis, Willing to Travel, Writing Skills
LOCATION
Houston, TX
POSTED
3 days ago

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!

Job Summary:

NRG is looking for an Analyst to join its Power Product Control team. The successful candidate will possess a strong technical and data analytics background. The candidate must be adept at working independently as well as have strong collaborative capabilities to assist Commercial Operations, Supply, Finance, Accounting, and Customer Operations teams to adequately mitigate risk and preserve expected margins. This position will report to the Product Control Manager within the Power Product Control group and will be in our Houston, TX office.

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 and P&L reports for NRG's energy portfolio
  • Mark and/or validate end-of-day curves in the risk system
  • Leverage problem solving and analytical skills along with new technologies to enhance and automate various risk processes
  • Collaborate effectively within the Risk team and with other departments on issues/projects
  • Support requests from NRG's internal and external auditors
  • Work closely with IT on risk system improvements and testing new enhancements

Working Conditions:

  • Hybrid work schedule, 4 days on site, 1 day remote (Friday)
  • Open office environment
  • Some overtime required as special projects arise
  • Minimal travel required, not likely to exceed 10%

Physical Requirements:

  • Majority of work performed on a personal computer in a seated position

Minimum Requirements:

  • Bachelor's degree in a quantitative discipline like Finance, Business, Economics, Engineering, or Sciences

Additional Knowledge, Skills, and Abilities:

  • Strong analytical and critical thinking skills
  • Excellent written and verbal communication skills
  • Extensive experience with MS Excel
  • Attention to detail, diligent, and highly organized
  • Proven ability to manipulate and analyze large datasets
  • Knowledge of energy markets a plus; electricity, natural gas, renewables and/or oil markets
  • Understanding of common risk metrics and control methodologies within a commodity trading environment also a plus

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 applicants experience or skills.

Official description on file with Talent.

About the Company

N

NRG Energy Inc

In Princeton, NJ—just 20 miles south of Thomas Edison's home—lies the headquarters of NRG Energy, Inc., a Fortune 500 company thatowns and operates one of the country's largest power generation and retail electricity businesses. NRG sells electricity directly to morethan 2 million customers through our retail businesses, Energy Plus, Green Mountain Energy Company, Independence Energy and Reliant,and is capable of generating enough electricity from our power plants to supply more than 20 million homes. NRG is at the forefront of changing how people think about and use energy. We are pioneers in developing cleaner and smarter energy choices for our customers: whether as one of the largest solar power developers in the country, or by building the first privately funded electric vehicle charging infrastructure or by giving customers thelatest smart energy solutions to better manage their energy use. With renewable energy development, electric vehicle support and smart grid technology, NRG delivers innovative solutions that help people, businesses and communities build a sustainable future. For more information, visit nrgenergy.com.
COMPANY SIZE
5,000 to 9,999 employees
INDUSTRY
Energy and Utilities
FOUNDED
1989
WEBSITE
http://www.nrgenergy.com