Risk Analyst II

Company Overview

Calpine Corporation is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Its fleet of 76 power plants in operation and one under construction represents nearly 26,000 megawatts of generation capacity. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states, Canada and Mexico. 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)

Responsible for identifying, evaluating, and planning strategies for improving risk management including daily valuation and position reporting of the regional risk portfolio. Researches a variety of risk management topics and develops recommendations for consideration by management to optimize risk. Administers risk management programs to maintain maximum protection of assets at the most economical rates. Investigates and reports on infractions and risk-related incidents. Duties include identifying and capturing the risk for all trades and structured deals, marking to market valuation and position reporting for multiple risk books across the portfolio, reconciling and quantifying the value and position changes of the portfolio and preparing reports of results for management, and reconciling monthly earnings expectations with reporting results from Calpine Accounting/Finance. Collaborates with IT and other staff to identify, develop and implement systems efficiencies and reporting capabilities for risk books.

Job Responsibilities

Job Scope & Technical Excellence

Decision Making & Innovation

Work Complexity & Independent Judgement

Self-Management & Leadership

Communication & Influence

Job Requirements

Additional Calpine Information

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