Principal Trading Risk Analyst
Apply now »Date: May 26, 2023
Location(s): Juno Beach, FL, US, 33408
Company: NextEra Energy
Requisition ID: 70876
NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!
Position Specific Description
Position Specific Description
Employees in this role use quantitative methods and tools to discern insights and improve risk management decision-making. The team supports both NextEra Energy Marketing & FPL, across commodity groups in the derivative & physical space. Core functions of the Data Quality and Automation Team include:
• Daily coordination & communication with stake holders to assist with priority setting and requirement gathering for highly complex processes
• Ensuring transactions captured in Risk systems are available and flowing through proper reporting channels
• Engaging with internal and external IT professionals communicating goals and evaluating potential solutions
• Developing additional and improving existing infrastructure and data visualization capabilities
• Interact daily with stake holders and software development groups, gathering business requirements and communicating them effectively
• Evaluate and improve existing reporting infrastructure
• Identify and assist in building new reporting infrastructure to optimize flexibility and reliability
• Perform ad-hoc analysis on systems and data
• Analyze and offer potential improvements to business and automated processes
• Performs other job-related duties as assigned
A successful candidate will have demonstrated skills collaborating with others, thinking critically and creatively, with exceptional attention to detail. Excellent organizational skills and comfort working under tight deadlines are required. Experience with SQL, PowerBI and general data modeling for Business Intelligence are highly preferred.
This position is will interact with multiple customer and resource groups to facilitate improvements and create additional reporting capabilities for the Risk group. In this fast-paced environment of changing priorities, candidates must adapt to short term requirements while balancing long term objectives.
Job Overview
This position is responsible for ensuring the energy marketing functions are operating in a controlled environment and within established risk management limits. Employees in this role review daily trading position exposures, including time and location spreads, cross commodity arbitrage, options, and hedging activity against approved limits. This position works with the Front Office and Risk teams to understand new and existing trading strategies for risk review and reporting and ensures correct application of pricing methodologies.
Job Duties & Responsibilities
- Conducts daily transaction exposure analysis and review including troubleshooting and investigation of Profit and Loss and Value at Risk movements
- Ensures accuracy of pricing data within the Risk systems on a daily, monthly, and quarterly basis
- Performs daily deal verification procedures and independent price verification at regular intervals
- Coordinates with the Systems team to complete new pricing requests and enhance processes and reporting tools
- Communicates price disclosures to appropriate parties
- Completes quarter-end and Sarbanes-Oxley (SOX) related processes
- Works with origination and other front office groups to interpret valuations, respond to trader requests, and evaluate structured transactions
- Prepares presentations for management to explain and review risks and trading strategies
- Supports medium and long term projects within the group aimed at increasing efficiencies and coverage of the controls
- Discusses the risk profiles and any changes to the trade book strategies with management on a weekly basis
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor’s Degree
- Experience: 8+ years
Preferred Qualifications
- None
Employee Group: Exempt
Employee Type: Full Time
Job Category: Energy Trading
Organization: NextEra Energy Marketing, LLC
Relocation Provided: Yes, if applicable
Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.
Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami