Internship - Market Risk Analysis

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 77 power plants in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.

The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.

Job Summary (includes but is not limited to the following, other duties may be assigned)

The intern will provide analytical support to the Market Risk Analysis group. Specifically, this individual will run analytical tools and reports to create and distribute market risk information to various users within Calpine, including members of the front office, senior management, accounting, among others.

Job Responsibilities

- Daily Market to Market (MTM) and P&L estimates

- Daily position reporting by commodity, location, portfolio, and time period

- Current month performance information

- Work with IT organization to improve the underlying risk system infrastructure

Job Requirements

- Candidate should be working on a Bachelor’s Degree in a financial or quantitative discipline. Candidate must be a student during duration of internship.

- Knowledge base should cover a significant subset of the following topics:

- Demonstrated understanding Microsoft Office products (SQL Server Enterprise Manager, VBA, Excel, PowerPoint, and Word)

- Knowledge of the energy industry, specifically the independent power or utility sector, is a plus.

- Knowledge of financial derivatives is a plus

- Strong verbal and written communication skills.

- Team player who is used to diving into issues, brainstorming solutions, and learning new methods and tools to address; results oriented.

- Legally eligible to work in the United States now and in the future for any company.

Additional Calpine Information

- Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.

- Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.

Please view Equal Employment Opportunity Posters provided by OFCCP here

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.