Market Risk Manager

External listing

Selby Jennings

Houston, TXONSITEPERMSENIOROPS

ETRM Role Details

ETRM Packages: Endur, OpenLink
Commodity Focus: Power, Gas
Minimum Experience: 10 years

Job Description

A leading competitive power generation company is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure transparent performance and risk management. This role delivers timely executive-ready insights, maintains key reporting processes and controls, and partners with Commercial, Operations, Finance/FP&A, and Investor Relations to support decision-making.

Responsibilities:

  • P&L and Market Risk Reporting
  • Produce a morning preview of daily P&L and communicate key drivers.
  • Perform P&L attribution and explain results versus expectations.
  • Prepare P&L explained narratives suitable for executive and stakeholder consumption.
  • Monitor risk limits and deliver risk limit and executive reporting.
  • Maintain portfolio scorecards, dashboards, and recurring presentations.
  • Document P&L assumptions and maintain a controlled assumptions library.
  • Deliver ad hoc analysis to support trading, hedging, and management decisions.
  • Develop and maintain PTC price buildup and related supporting analytics.

Minimum Qualifications:

  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, or a related field (or equivalent practical experience).
  • 10+ years experience in market risk management, portfolio analytics, trading support, FP&A, or a related role with strong preference in PJM power markets, plus if experience with market risk reporting for generation assets
  • Strong understanding of P&L drivers, risk metrics/limits, and valuation concepts (including mark-to-market where applicable).
  • Advanced Excel skills and ability to work with large datasets; comfort working with dashboards and recurring reporting routines.
  • Ability to synthesize complex results into clear written and verbal explanations for both technical and non-technical audiences.
  • Strong process discipline, documentation mindset, and attention to controls and data quality.

Preferred Qualifications:

  • Experience in commodities/power/gas markets and hedge performance reporting.
  • Proficiency with SQL and/or Python for automation, analytics, and data validation.
  • Experience with planning and reporting tools (e.g., Planful) and BI platforms (e.g., Power BI/Tableau).
  • Familiarity with risk systems, ETRM/CTRM platforms, and/or valuation models, experience with Endure Openlink a plus
  • Demonstrated experience improving reporting processes, controls, and data pipelines.
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