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Trading Risk Analyst

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Date: May 15, 2022

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

Company: NextEra Energy

Requisition ID:  57847 

 

NextEra Energy Resources is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

 

Position Specific Description

NextEra Energy Marketing (NEM) is one of the nation's leading electricity and natural gas marketers, and a key player in energy markets in the United States and Canada. NEM is responsible for electricity and fuel management for all of NextEra Energy Resources' generation fleet, which includes the largest renewable energy portfolio in North America. NEM provides a wide range of electricity and gas commodity products as well as 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

 

Responsibilities

The analyst will deliver timely and accurate reporting and analysis of exposures, risks, P/L explanation. He or she will apply advanced analytic & modeling techniques to assist in developing solutions and frameworks for viewing and explaining the risk in the trading portfolio to a variety of constituents, from individual traders to senior executives.  Superior candidates will have  experience Interfacing with front, middle, and back office to understand and analyze trading activity and how it impacts the broader business.

  • Develop a deep understanding of trading business, exposures, strategies and market fundamentals

  • Monitor trading portfolios to ensure consistency with approved strategies and limits

  • Prepare technical and fundamental analysis of energy markets and portfolio risks 

  • Work with various stakeholders including trading, origination, risk management and trading management to evaluate risks on potential transactions 

  • Support month-end and quarter-end close process, in conjunction with the Accounting, to generate timely and accurate results for subsequent consolidation and reporting.

  • Support reporting requirements and special projects, developing and improving upon processes, reports and data visualizations

 

Preferred Qualifications

Bachelor’s Degree in Finance, Accounting, Financial Mathematics, Economics, Actuarial Science or another quantitative field.

  • In-depth knowledge of domestic electricity, natural gas, oil, and environmental markets

  • Knowledge of modelling and valuation of Mark-to-Market and Value-at-Risk

  • Physical and financial options valuation experience

  • Experience in Risk Management, Accounting or Trading Analytics

 

Technical Competencies

  • SQL: Oracle, SQL Server or other enterprise RDMS

  • Microsoft Office: Advanced Excel, VBA, PowerPoint

  • Business Intelligence: Power Pivot, Power BI, SAS Visual Analytics, Tableau, etc.

 

General Skills / Attributes

  • Strong data analysis skills

  • Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. traders, origination, accounting, management)

  • Highly motivated individual who can work long hours when needed

  • Must be able to deliver results under tight deadlines

  • Good problem-solving abilities

  • Must be adaptable to a changing environment

  • Must be a good team/individual contributor

  • Strong written and verbal communications skills

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: 3+ 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