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Sr Trading Risk Analyst

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Date: Nov 10, 2022

Location(s): Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID:  65975 

 

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

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 Confirmations Team include;

 

  • Daily coordination & communication with front office to assist with confirmation creation & amendments on unique and highly complex deals.

  • Ensuring transactions are captured in Risk systems in a timely and accurate fashion.

  • Engaging with external counterparties to ensure transactions are legally confirmed, and working to resolve disputes where required.

  • In-depth reviews of legal documents (ISDAs, NAESBs, EEIs, etc.) and trade confirmations.

  • Developing and improving upon the team’s reporting infrastructure & data visualization capabilities.

  • Working with origination, risk management, trading, legal, and accounting to define and evaluate risks on potential transactions, new businesses, and the onboarding of new counterparties (including the filing of appropriate documentation to ensure proper counterparty integration).

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 for data visualization are a big plus.

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 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
  • Performs other job-related duties as assigned

Required Qualifications

  • High School Grad / GED
  • Bachelor’s or Equivalent Experience
  • Experience: 4+ years

Preferred Qualifications

  • Master’s Degree

 

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