Analyst, Risk - Ld/Sr

Analyst, Risk - Ld/Sr

Department:  Finance & Resources

Reports to: Manager - Risk Control
Location: In Office,  Boston MA

The base salary range for this position is dependent upon experience and location, ranging from:

·     $100,800 - $126,600 (Boston, MA)

Position Overview:

• Development and maintenance of risk books related to Avangrid’s renewable power businesses

• Perform daily p&l and position reporting as well as analysis related to changes in book valuation and risk exposures, including the evaluation of risk book activity against established metrics

• Monitor mark-to-market valuation changes and position sizes to ensure compliance with approved business unit and corporate trading limits

• Understand and decompose complex positions into component parts in order to evaluate key risk factors within various portfolios

• Identify risks not being processed by risk system and develop appropriate procedures to ensure proper trade capture, valuation and reporting

• Review new trades on a daily basis and validate trade capture within risk management systems

• Assist Risk Analysis team in computation of VaR, stress tests, and related metrics

• Work very closely with traders and asset managers to ensure they understand how p&l and positions are valued and reported

• Analysis and resolution of differences between economic results and accounting earnings

• Lead process to model and load budget and forecast asset performance targets into energy trading and risk management system

Education / Experience

• Bachelor’s degree or higher

• Required: 5+ years of related experience in energy industry

Skills / Abilities Required

• Advanced Microsoft Excel skills: Power Query, Power Query M formula language, formulas, macros, pivot tables, ranges, tables

• Experience working with VBA, Power Query M formula language, SQL, database tools (Toad, SQL Developer)

• Ability to work independently, working through difficult reconciliation issues to their ultimate source/cause, and finding an appropriate solution

• Ability to gather, consolidate, analyze and report data accurately and efficiently

• Ability to analyze project risks and proactively identify solutions with a flexible, creative, and solution-focused outlook on problem solving

• Capacity to manage and coordinate multiple tasks, solve complex problems and work under pressure

• Ability to work with other departments with different perspectives on reporting issues

• Effective written and verbal communication skills

• Excellent interpersonal skills; able to interact with other parts of the business at all levels

• Ability to work within a team environment

Skills / Abilities Desired

• Familiarity/ prior experience with FIS Aligne, webTrader, Paragon

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Company:

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.

At Avangrid we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.
If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at [email protected].

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate functions.  This does not include those that will work for Avangrid Power.

Avangrid employees may also be assigned a NERC Reliability Standards compliance role supporting Critical Infrastructure Protection (CIP) and/or Operations and Planning (O&P) responsibilities. This is applicable to employees that will work in electric transmission, operations, and cyber security business areas in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate business areas. NERC Reliability Standards compliance roles and responsibilities may include additional access protections, training, audit engagement, and required evidence retention, and will be communicated by the employee’s management.

Job Posting End Date: