Analyst, Risk

About This Role

This role is responsible for developing and maintaining risk books for Avangrid’s renewable power businesses. It involves daily P&L and position reporting, risk exposure analysis, and ensuring compliance with trading limits.

Responsibilities

• Develop and maintain risk books related to Avangrid’s renewable power businesses
• Perform daily P&L and position reporting and analysis related to changes in book valuation and risk exposures
• Monitor mark-to-market valuation changes and position sizes to ensure compliance with approved trading limits
• Understand and decompose complex positions to evaluate key risk factors within portfolios
• Identify risks not being processed by the risk system and develop appropriate procedures for trade capture, valuation, and reporting
• Review new trades daily and validate trade capture within risk management systems
• Assist Risk Analysis team in computation of VaR, stress tests, and related metrics
• Work closely with traders and asset managers to ensure understanding of P&L and position valuation and reporting
• Analyze and resolve differences between economic results and accounting earnings
• Lead process to model and load budget and forecast asset performance targets into energy trading and risk management system

Requirements

• Bachelor’s degree or higher
• 5+ years of related experience in energy industry
• Advanced Microsoft Excel skills (Power Query, Power Query M, formulas, macros, pivot tables)
• Experience working with VBA, Power Query M formula language, SQL, database tools (Toad, SQL Developer)

Qualifications

• Bachelor’s degree or higher
• 5+ years of related experience in the energy industry

Nice to Have

• Familiarity/prior experience with FIS Aligne, webTrader, Paragon

Skills

* Required skills