Energy Market Risk Analyst I

Position Summary

The Energy Market Risk Analyst I will work in New Braunfels Utilities (NBU) Energy Risk Department, supporting the Utility’s energy operations. This position will report to the Energy Risk & Settlements Supervisor and shall work with other members of the Power Supply Group on a range of complex analytical projects and tasks. Independently, this position will conduct risk and economic modeling, mark to market assessments, and counterparty credit assessments. Prior experience in energy markets and economic decision-modeling is preferred.

Essential Duties & Responsibilities

ENERGY RISK

- Prepare daily, weekly, and monthly market risk reports

- Maintain various risk calculations such as Mark to Market

- Assist with conducting stress testing on NBU's energy portfolio

- Perform deal verification procedures and price verification

- Develop a thorough understanding of power markets, exposures, and strategies, specifically for ERCOT

- Ensure that all activities of the Power Supply Group are in compliance with any applicable policies of NBU

- Prepare presentations for management to explain and review risks and trading strategies

- Support ad hoc reporting requirements and/or special projects and develop and improve data visualizations and reports

- Update data sets and other factors used by NBU's Energy Trade Risk Management System

- Provide support for risk process development and promote efficiencies where possible

- Assist with verifying activities of Power Supply Group against NBU's established performance metrics

- Assist with long-term forecasting models

- Assist with financial analysis and evaluate the risk profile of potential counterparties

- Assist with evaluation of creditworthiness of counterparties with whom NBU conducts business

- Conduct market research on a regular basis, including news, stocks, trends, economic indicators, etc. for the Credit Risk Management group

- Review and follow guidelines set in the credit and risk management policies

- Monitor and maintain NBU's credit worthiness within the ERCOT market

- Ensure processes and procedures are documented and replicable

- Cross-train within Power Supply Group as requested

- Participate in regulatory groups within ERCOT and otherwise as applicable to the energy industry

- Assist with other tasks as needed.

GENERAL RESPONSIBILITIES

- Maintain regular attendance; leave schedule should be managed so as to not interfere with ability to accomplish tasks, including special projects and assignments with deadlines

- Adhere to NBU safety guidelines and practices at all times and in all situations

- Maintain a clean and safe work area, office, field site and vehicle as applicable

- Maintain strict confidentiality of business, employee and customer information in written and oral communications and safeguard sensitive documents

- Develop & maintain effective customer service skills for communications with co-workers, customers and the public in general

- Adhere to NBU policies and procedures

- Exemplifies NBU Core Values of Stewardship, Team, Integrity, Culture, and Safety,

- Participate in and support initiatives to reach annual NBU Performance Measures.