Brooklet Energy Distribution is looking for an Energy Risk Analyst (ERCOT) to join its Risk Team. The successful candidate will possess a strong technical and data analytics background. The candidate must be adept at working independently as well as have strong collaborative capabilities to assist Retail Operations, Supply Purchasing, Finance and Accounting teams to adequately mitigate risk, preserve expected margins and participate in the settlement process.

Essential Duties/Responsibilities:

• Analyze, value, and provide risk analysis around complex transactions and portfolio positions, including supply purchases, load contracts, complex derivatives, hedging strategies and trading assets.
• Leverage problem solving, analytical skills, and new technologies to enhance and automate various risk processes.
• Monitor Weather forecasting and impacts on book of business and hedge strategy.
• Ensure compliance with EMSA covenants and reporting.
• Assist with ISO and PUC regulatory compliance.
• Develop/Maintain and monitor position reports, PnL reports for energy portfolio.
• Collaborate effectively with other departments on issues/projects.
• Support internal and external ad hoc report requests.
• Review trade confirmations against trade entries to ensure accuracy.
• Participate in the energy settlement process.
• Work closely with current vendors on risk system management, enhancements, and changes and suggest improvements.

Preferred Qualifications:

• Knowledge of ERCOT ISO.
• SQL Proficiency: Able to manipulate and analyze data.
• VBA Proficiency: Able to create, modify and manage Excel macros.
• Knowledge of energy markets a plus; electricity, natural gas, renewables and/or oil markets.
• Understanding of common risk metrics and control methodologies within commodity trading environment. Experience with trading and risk management systems like Allegro, Endur, etc.
• Demonstrated ability to deal with and communicate complex portfolios and transactions.

Minimum Requirements:

• At least 1-2 years experience in risk management and energy industry.
• Bachelor’s degree in quantitative discipline like Finance, Business, Economics, Engineering, Science, Computer Science, or equivalent quantitative risk experience.
• Extensive experience with MS Excel, and highly skilled with other MS Office products including Access, Word, and PowerPoint.
• Strong financial acumen and analytics background.

Additional Knowledge, Skills and Abilities:

• Additional ISOs (PJM, MISO, NYISO).
• Strong analytical and quantitative skills.
• Strong communication skills.
• Attention to detail, diligent, strong organizational skills, curious, confident, and creative.

Working Conditions:

• Open office environment.
• Some overtime required as risk conditions and special projects arise.
• Travel (minimal).