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NextEra Energy Principal Trading Risk Analyst in Juno Beach, Florida

Principal Trading Risk Analyst

Date: Jan 19, 2022

Location(s): Juno Beach, FL, US, 33408

Company: NextEra Energy

Requisition ID: 57844

is one of the largest wholesale generators of electric power and renewable energy from the wind and sun in North America.

Position Specific Description

The Principal Trading Risk Analyst – Risk Operations position sits within the Trading Risk Management organization under Risk Operations. The primary purpose of the group is to ensure that NextEra Power Marketing LLC, FPL Energy Services, and Florida Power & Light are operating in a controlled environment and within established risk management limits. The environment is very dynamic and demanding. While a Bachelor’s Degree is required, we have found that those with a Master's degree and/or CFA often excel in this role. The successful candidate will be responsible for the following:

  • Perform in-depth analysis of trading position exposures, risks, and P/L explanation and monitor against approved strategies and limits.

  • Deliver timely and accurate reporting for both front office and senior management stakeholders.

  • Work with various stakeholders including trading, origination, risk management and trading management to evaluate risks on potential transactions

  • Lead projects along with the IT team to improve processes, reports and data visualizations

Preferred Qualifications

Bachelor’s Degree in Finance, Accounting, Financial Mathematics, Economics, Actuarial Science or another quantitative field, 5-7+ years of relevant experience.

  • In-depth knowledge of domestic electricity, natural gas, oil, and environmental markets

  • Knowledge of modelling and valuation of Mark-to-Market and Value-at-Risk

  • Physical and financial options valuation experience

  • Experience in Risk Management, Accounting or Trading Analytics

Technical Competencies

  • SQL: Oracle, SQL Server or other enterprise RDMS

  • Knowledge of SAS, R, Python, Matlab, or @Risk

  • Microsoft Office: Advanced Excel, VBA, PowerPoint

  • Business Intelligence: Power Pivot, Power BI, SAS Visual Analytics, Tableau, etc.

General Skills / Attributes

  • Strong data analysis skills

  • Ability to work collaboratively with a variety of individuals in a variety of functions (e.g. traders, origination, accounting, management)

  • Highly motivated individual who can work long hours when needed

  • Must be able to deliver results under tight deadlines

  • Good problem-solving abilities

  • Must be adaptable to a changing environment

  • Must be a good team/individual contributor

  • Strong written and verbal communications skills

Job Overview

This position is responsible for ensuring the energy marketing functions are operating in a controlled environment and within established risk management limits. Employees in this role review daily trading position exposures, including time and location spreads, cross commodity arbitrage, options, and hedging activity against approved limits. This position works with the Front Office and Risk teams to understand new and existing trading strategies for risk review and reporting and ensures correct application of pricing methodologies.

Job Duties & Responsibilities

  • Conducts daily transaction exposure analysis and review including troubleshooting and investigation of Profit and Loss and Value at Risk movements

  • Ensures accuracy of pricing data within the Risk systems on a daily, monthly, and quarterly basis

  • Performs daily deal verification procedures and independent price verification at regular intervals

  • Coordinates with the Systems team to complete new pricing requests and enhance processes and reporting tools

  • Communicates price disclosures to appropriate parties

  • Completes quarter-end and Sarbanes-Oxley (SOX) related processes

  • Works with origination and other front office groups to interpret valuations, respond to trader requests, and evaluate structured transactions

  • Prepares presentations for management to explain and review risks and trading strategies

  • Supports medium and long term projects within the group aimed at increasing efficiencies and coverage of the controls

  • Discusses the risk profiles and any changes to the trade book strategies with management on a weekly basis

  • Performs other job-related duties as assigned

Required Qualifications

  • Bachelor’s Degree

  • Experience: 8+ years

Preferred Qualifications

  • None

Employee Group: Exempt

Employee Type: Full Time

Job Category: Energy Trading

Organization: NextEra Energy Marketing, LLC

Relocation Provided: Yes, if applicable

Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies . Please see ourfor more information.

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