Risks & Markets Associate - Bilingual
Job ID #:
Risks & Markets
3 - 5 Years
Fundamental market analysis - Understand key market drivers and their impact on our business as a basis for making decisions about commercial transactions and risk policy.
This Associate will support the Risks & Markets department in oversight of the commercial activities and associated risks for North American operations. This position works with all areas of the organization to analyze and explain short term market conditions and dynamics and to predict one to three year future conditions in markets focusing on instruments in which EDPR is active such as gas futures, power forwards, and real time and day ahead power and financial transmission rights. The focus of this role is to offer a strategic and competitive advantage in market analysis in the one to three year time horizon. You will develop and manage materials for key meetings and other events with senior level personnel including the CEO & CFO, Regional Executive Vice Presidents, and Directors of Global Risk & Market Operations.
This career opportunity is ideally suited for a professional who has solid business acumen, robust energy and economic research, strong analytics capabilities, great organizational skills, and desire to provide executive level support to a publicly traded market leader in renewable energy.
Pricing and valuation - Independently develop forward price curves and fair valuation models for traded commodities incorporating both fundamental and price analytic factors for use in support of daily commercial transactions and risk assessment as well as in internal strategic planning processes. Provide fair value assessments to support transactions of forwards, options and other products. Perform feasibility studies, scenario analysis and economic analysis as directed by management.
Market Outlook - Participate in the preparation of the quarterly update of market fundamentals and commercial activity.
Risk Committee - Participate in the preparation of the monthly presentation for the Risk Committee with CEO, CFO and COOs. Attendance and presentation of main analysis done in the North American Platform.
New investments analysis - Support M&A team to build a worst case scenario in new investments. Analyze potential risks in new investments (market risk, counterparty credit risk, etc) and recommend mitigation strategies. Calculate Risk Adjusted Returns considering counterparty credit risk.
Hedging recommendations - Provide energy and basis hedging recommendations in the US dependent on market development. Specific analysis of cross-commodity hedging in different markets.
ST Trading Policy - Support Market Ops Team in the implementation of the Short Term Trading Policy (V@R calculation, etc) and follow up of risk position.
Risk reporting compliance - Manage with other Departments (Market Ops, Finance) regulatory requirements on derivatives reporting (Dodd-Frank)
On-demand strategic analysis
Direct Reports: 0
Must be bilingual in English/Spanish
Degree in Engineering, Business Administration, Finance, Math, Statistics or Economics (an advanced degree is a plus)
Experience in fundamental analysis is preferred
2-5 years of related professional experience
Experience in strategic analysis (management consulting, etc.) would be a plus
Good analytical and quantitative skills
Exemplary standards of integrity, honor, safety, management, ethics, quality, and productivity
Exhibit behaviors consistent with strong leadership and accountability
Physical demands & working conditions:
Sitting/Standing/Flexibility: Ability to stand and sit for 8 or more hours when in an office environment
Speech/Reading: Ability to speak, read, and write English proficiently and deliver a variety of instructions furnished in written, verbal, diagram, or schedule form
Lifting: Ability to lift items weighing up to 10 pounds
Vision/Hearing: Ability to understand a variety of instructions furnished in written, verbal, diagram, or schedule form
Safety: Ability to understand and communicate safety precautions when necessary
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
See job description.