Market Risk Analyst

Job Title: Market Risk Analyst – Commodities Trading (Power & Gas)

Location: Houston, TX (On-Site)

Salary: $125,000 – $135,000 20% Bonus

Job Overview:

We are seeking a Market Risk Analyst to be a key part of the risk management function for our client's commodities trading division, focusing on power and gas. This role will be responsible for identifying, assessing, and mitigating market risks, ensuring compliance with risk frameworks, and providing strategic insights to support trading decisions. The successful candidate will be part of a 15 person team and will collaborate closely with traders, quantitative analysts, and senior leadership.

Key Responsibilities:

• Market Risk Oversight: Monitor and assess risk exposures for power and gas trading activities, including price, volatility, and liquidity risks.
• Risk Reporting & Analysis: Develop and maintain daily risk reports, providing insights into VaR, stress testing, scenario analysis, and P&L attribution.
• Collaboration with Traders: Work closely with trading teams to understand positions, strategies, and risk appetite, providing guidance on risk management best practices.
• Risk Limits & Compliance: Ensure adherence to internal risk limits, policies, and regulatory requirements, escalating breaches when necessary.
• Model Development & Enhancement: Contribute to the continuous improvement of risk models, analytics, and methodologies to better capture market dynamics.
• Stakeholder Communication: Present risk findings and recommendations to senior management and other key stakeholders.

Qualifications & Experience:

• 2 years of experience in market risk management within a commodities trading environment (power, gas, or energy). This is mandatory.
• Strong understanding of risk metrics (VaR, stress testing, Greeks, scenario analysis).
• Experience with trading instruments, including futures, options, swaps, and physical commodities.
• Proficiency in risk management systems (e.g., Openlink, Endur, Allegro, or similar).
• Advanced skills in Excel, Python, VBA, SQL, or other analytical tools.
• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related field (Master’s preferred).

What is on Offer:

• Competitive base salary ($125,000 – $135,000) performance-based bonus.
• Opportunity to develop in a high-performing risk team.
• Exposure to high-impact risk management projects in a dynamic trading environment.
• Career growth opportunities within a leading commodities trading firm.

If you are a results-driven risk management professional looking for a challenging role in a fast-paced commodities trading environment, we encourage you to apply.