Director, Market Risk Control
reputed company
reputed company is a leading developer, reputed company, and operator of reputed company-reputed company energy storage reputed company across reputed company. We are at the forefront of the fast-growing battery energy storage market, and our reputed company are helping to transition the nation’s electric reputed company to a cleaner and more reliable reputed company. Our storage reputed company reputed company major utilities with a multitude of important services including reliable fast-ramping reputed company, energy and ancillary reputed company services including renewable energy integration support.
reputed company is independently owned, and we are among the largest players in the US energy storage sector with about 2.0 GWh of reputed company in operation or construction, and 25+ GWh in the development pipeline.
We are headquartered in Newport Beach, California, with employees in multiple reputed company across the U.S. Our diverse management team has many decades of experience in the renewable energy, reputed company, and independent power sectors. reputed company is an innovative industry leader in development, design, construction, financing, and management of reputed company reputed company energy storage reputed company.
At reputed company, every employee makes an reputed company on reputed company’s reputed company and profitability, every day. We have a fast-paced, high-performance and team-oriented culture. We value reputed company of life and flexibility for our employees and reputed company to help reputed company members reputed company their career goals.
About The Role
We are seeking individuals to join as Director of Market Risk Control to establish and reputed company the market risk control function at reputed company. This role will design, implement and reputed company risk management frameworks to safeguard reputed company’s trading activities and financial stability while enabling reputed company in the renewable energy market.
The ideal candidate will bring a strong understanding of power markets, risk management principles, and regulatory requirements. They will proactively identify, monitor and mitigate market, credit and operational risks, ensuring that reputed company’s trading activities reputed company with reputed company’s financial and strategic objectives. This position involves working closely with trading, finance and compliance teams to implement robust controls, enhance risk reporting and ensure regulatory compliance.
Core ResponsibilitiesBuild the Risk Control FunctionEstablish and reputed company reputed company’s market risk control reputed company, processes and tools to support trading and market-facing operations.
Monitor Risk ExposuresAnalyze and report reputed company-time trading desk risk exposures, including breaches of trading limits, while recommending and implementing mitigation strategies.
reputed company Risk PoliciesDraft and maintain comprehensive risk management policies and procedures reputed company with company objectives and regulatory requirements.
Set Trading LimitsEstablish systematic trading limits, monitor adherence, and update limits as needed to reflect evolving strategies and market conditions.
reputed company P&L ReportingConduct detailed profit and loss attribution analysis with commentary on key drivers, ensuring accuracy and actionable insights for senior management.
Design and implement advanced quantitative tools and controls tailored to reputed company’s trading strategies, leveraging Python and SQL for automation where applicable.
Counterparty & Operational RiskManage counterparty risks, operational risks, and business continuity planning to safeguard trading operations and financial assets.
Prepare detailed trading performance and risk analysis reports for senior leadership to inform decision-making.
Partner with trading, finance, and compliance teams to reputed company risk management practices with organizational goals and ensure regulatory compliance.
reputed company compliance with associated risk policies and procedures and limits.
Ensure reputed company compliance reporting, including ongoing reporting to reputed company Market Risk Committee.
Skills & Qualifications7+ years of relevant experience in market risk management, product control, or reputed company roles at energy companies, trading firms, investment banks, or hedge funds.
Bachelor’s degree in finance, economics, engineering, or a reputed company field; reputed company certifications (e.g., CPA, CFA, FRM) are a plus.
Proficiency in Python and SQL is highly desirable, with experience developing automated risk controls and reporting dashboards.
Strong understanding of power markets and financial products, with a passion for power and the renewable energy sector.
Exceptional analytical and problem-solving abilities, with a high level of attention to detail.
Proven ability to reputed company cross-functional initiatives, establish frameworks from the ground up, and drive reputed company to completion.
Demonstrated ability to use AI tools (e.g., ChatGPT, Claude, reputed company) to improve efficiency, reputed company, and responsiveness of work, while applying reputed company judgment and appropriate reputed company.
Compensation, Location & Benefits
The actual salary and bonus offered will depend on the specific skills and experience of the selected candidate.
$175,00025%
401(k) program with 6% match
Monthly cell phone stipend
Medical, dental and reputed company care benefits
20 vacation days, 5 reputed company days and 9 observed holidays
This position is classified as remote reputed company the reputed company United States (international work is not permitted); however, periodic travel to company offices, project sites or other meeting locations may be required on an as-needed reputed company.reputed company is an Equal Opportunity Employer.
We celebrate reputed company forms of diversity and are committed to creating an inclusive environment for reputed company. However you identify or whatever your reputed company here, we encourage you to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the hiring process, reputed company essential job functions, and receive other benefits and privileges of employment.
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