LRE (Leeward Renewable Energy) is forging an American energy future with integrity, innovation, and positive impact. Born in Texas in 2003, we own and operate over 30 utility-scale wind, solar, and energy storage projects in local communities across the United States, totaling 4 gigawatts (GW) of generating capacity.
LRE continues to help meet increased U.S. energy demand through our robust pipeline of new projects every year. Domestic jobs and manufacturing are fundamental to our full-lifecycle approach to projects, along with a long-term ownership model and a company culture dedicated to our community partners and protecting the natural environment.
Job Summary:
The Risk Analyst (P2) will build the Risk Management team and will be an integral part of day-to-day Middle Office operations and risk management activities at Leeward. The analyst collaborates closely with Front Office, Operations, Back Office, Finance, Compliance, and Trading Systems teams, supporting energy and congestion products trading. The Middle Office calculates profits and losses and assesses the risk exposure of the trading desk and oversees all aspects of market risk control, including risk identification, measurement, monitoring, and reporting across multiple energy commodity asset classes. Senior management relies on Middle Office reporting to monitor and control trading activity.
Responsibilities:
• Analyze, model, and report market risk for all Energy trading activities.
• Work closely with traders to quantify and explain the sources of risk in their portfolios.
• Contribute to senior management reporting on trading results and positions.
• Collaborate with Back Office, Finance, Credit, Legal & Compliance, and Business Unit Control to ensure strong controls, operational efficiency, and adherence to policies and limits.
• Assist in the development, maintenance, and implementation of risk management processes and documents that will efficiently execute and formalize the risk management/middle office requirements.
• Coordinate with Compliance to ensure all regulatory requirements are met.
• Support, identify, and assist in implementing process improvements, including system testing, system enhancements, and desk procedures.
• Work closely with the portfolio management trading team to ensure development of controls and consistent monitoring of risk across the platform. Including the development and deployment of Risk Reports, curve marking procedures, MTM reports, Value at Risk, trade limits and P&L reports.
• Analyze, monitor, and report portfolio risk metrics on a daily basis. Validate trade capture and tie out with Exchange/FCM statements.
• Ensure that LRE adheres to risk policies and procedures. Constantly evaluate procedures and policies to improve risk governance.
Qualifications:
Please Note: This is an in-office role, requiring on site presence in our office a minimum of three days per week with hybrid flexibility of working remotely two days per week, subject to manager and policy approval. #LIHybrid
Leeward Management Services, LLC is committed to employing a diverse workforce and provides equal employment opportunity for all individuals regardless of race, color, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.