Title: Manager of Market Risk
Location: USA-FL-Juno Beach
Other Locations: USA-FL-Juno Beach
* Manage the quantitative analysis to assist trading and management decisions including the pricing of structured transactions, and the development and implementation of new models. Oversee the design pricing, hedging, trading, and risk management models.
* Advise senior management on risk quantification and mitigation utilizing variety of tools and resources, pricing of complex transactions imbedded options(i.e. Storage, Transportation, Asset Management), and hedging strategies to assure appropriate risk adjusted gross margin.
* Advise business units and the IT group on data architecture, analytical solutions, operations, and market risk.
* Validate and test the Deal Capture System to ensure accurate position reporting as well as develop and implement business processes for system users.
* Select, develop, and implement risk management systems (valuation, Value-at-Risk, scenario analysis, stress testing) to assure accurate deal capture and information flow throughout all departments.
* Author and enforce risk policies including volumetric and quantitative limits.
* Manage middle office audits and applicable compliance programs.
* Advanced degree (PhD/MBA/MS) in Statistics, Economics, Engineering, Math, or related field preferred, with some advanced finance education required.
* 5 years experience; 3 years in the energy field with financial engineering experience.
* Must possess strong decision making, personnel management, mathematical and technology skills.
* Advanced knowledge of the fundamentals of the energy markets in North America with a focus on natural gas.
* Knowledge of physical commodities, financial products, derivatives valuation (options and swaps), transportation and storage asset valuation and hedging and trading strategies.
* Excellent written and organizational skills with the ability to verbally communicate clearly and concisely to all levels of personnel.
* Possess an understanding of market risk measurement: VaR, option pricing, sensitivity and stress testing.
