Trading Risk Analyst

NextEra Energy - Juno Beach, FL

Full-time - Mid Level

Juno Beach, FL

Utilities

About the position

The Market Risk Analyst position at NextEra Energy Marketing involves managing market risks associated with electricity and natural gas trading. The role requires a hands-on approach to market risk management, product control, and independent price verification, ensuring that trading activities operate within established risk limits. The successful candidate will collaborate with traders and other business units to understand trading strategies and risks, develop market risk models, and produce reports on market risk exposures. This position is integral to fostering a risk-aware culture and supporting the company's commitment to excellence and ethical standards.

Responsibilities

• Join a team of 3 to 4 market risk analysts
• Engage with traders, originators, and other business units to understand strategies and risks
• Develop and implement market risk models, including VaR, stress testing, and scenario analysis
• Monitor, analyze, and report on market risk exposures
• Daily reconciliation and verification of trading P&L
• Explain profit and loss performance to management
• Produce and distribute daily P&L and risk reports
• Perform independent price verification of pricing curves
• Evaluate complex transactions including calculating Day 1 and other reserves
• Support external financial reporting and month-end closing processes
• Conform to SOX controls processes and innovate controls improvements
• Work closely with other risk functions for a holistic approach to risk management
• Support systems upgrades and Trading Risk Management automation projects
• Foster a risk-aware culture and model high ethical standards

Requirements

• Proven success on a leading power and gas trading floor as a risk manager or product controller, with 2+ years of experience
• Knowledge of power and gas markets and other energy markets
• Good understanding of physical trading, derivatives, and financial products
• Excellent quantitative and analytical skills
• Proficiency in Excel, SQL, and quantitative programming languages such as Python
• Experience with Energy Trading Risk Management Systems (preferred)
• Degree in a quantitative discipline
• Strong interpersonal skills balanced with a disciplined risk management approach
• Passion for risk management

Benefits

• Relocation assistance
• Diversity and inclusion programs
• Career development opportunities