New York Power Authority Temporary Lead Risk Analyst in White Plains, New York
Temporary Lead Risk Analyst
The Lead Risk Analyst serves as the technical support across the Risk Management Business Unit’s departments consisting of Energy Commodity and Credit Risk, Enterprise Risk Management and Insurance Risk. The Risk Analyst performs analytics, research, and risk modeling in support of NYPA’s Risk Management functions. The Risk Analyst provides on-going risk identification, definition, assessment, and analysis associated with NYPA’s risk mitigation plan and strategic initiatives.
Undertakes a lead role in designing, performing and interpreting analysis necessary to challenge and validate hedging strategies developed by Energy Resource Management.
Undertakes a lead role in designing and recommending limits structures of corporate and customer risk exposures, including; Value at Risk, Gross Margin at Risk, market volatility, mark-to-market, and other relevant risk metrics.
Develops and recommends the usage of energy hedging products and its risks, including but not limited to; swaps, options (calls, puts, costless collars) and TCC.
Ability to design, perform, review, and recommend a full spectrum of analyses to define and assess complex and emergent risks associated with NYPA’s business practices and strategic initiatives.
Work with risk owners to perform a full range of analyses of risks to target and recommend root causes and make recommendations in support of NYPA’s risk mitigation plans.
Analyze, write and present complex and concise risk reports and presentations containing strategic recommendations and solutions.
Ability to lead inter-departmental project teams, manage project deliverables, engage in stakeholder relationships and assume ownership of assigned projects.
Thorough knowledge of the principles of Economics, Finance, Accounting, derivatives, quantitative and statistical analysis methods and tools and general engineering concepts.
Substantial technical expertise of various types of risk drivers, including market, commodity, operational, credit and insurance.
Substantial technical expertise of corporate and customer risk exposures, including; Value at Risk, Gross Margin at Risk, market volatility, mark-to-market, and other relevant risk metrics.
Thorough understanding of energy hedging products and its risks, including but not limited to; swaps, options (calls, puts, costless collars) and TCC
Ability to perform and interpret the statistical analysis of inherent risks and to assess strategies and pricing to ensure financial integrity.
White Plains, New York, United States