Commodity Risk Manager

Recharge Recruitment are working with a large renewable energy developer who are looking for a Commodity Risk Manager to join their growing team.

Responsibilities:

The Commodity Risk Manager will oversee risk management for the company’s Energy activities in the US and Canadian wholesale power and renewables markets, ensuring compliance, monitoring key metrics, verifying trades, and supporting risk processes within the Middle Office.

Key Accountabilities

• Ensure compliance with trading policies, limits, and internal controls for Energy Management activities.
• Report and analyze key metrics like P&L, net position, and Value at Risk (VaR) daily.
• Maintain and develop energy risk management policies, processes, and procedures.
• Verify trades, positions, and prices in the Energy Trading & Risk Management (ETRM) system.
• Manage collateral with exchanges and assist in contracting processes for ISDA and EEI agreements.

Qualifications:

• 3+ years of commodity risk, trade or compliance experience
• Knowledge of US power or natural gas markets
• Familiarity with renewables operations in ERCOT & CAISO.
• Ability to work with a range of departments and provide assistance
• Detail oriented and good organizational skills
• Strong analytical skills

Package on offer:

• $130,000 – $160,000
• Bonus
• Dental, Medical & Vision
• 401k