National Grid Analyst, Energy Risk and Modeling in Hicksville, New York
Position Responsibilities (including but not limited to):
Monitoring automated daily risk reporting and issue resolution; responsible for complete and accurate daily reporting of fixed price physical natural gas transactions to indices; creating, validating, and running valuation models for structured physical and financial Natural Gas, LNG, and Power contracts; monitoring Energy Risk control framework and daily risk control processes; working closely with traders verifying accuracy of the trading tickets and Allegro deal entries; preparing routine monthly and quarterly reporting of settlement and forward exposure values; coordinating risk management committee meetings and documentation requirements; analyzing and managing documentation of transaction strategies proposed by energy traders; managing deal locking/unlocking in Allegro according to the segregation of duty policies; performing daily verification and reporting of fixed price physical natural gas transactions to indices publication agencies; performing transaction con firmation process; collaborating with Manager of Qualitative Risk and Compliance in the development and implementation of risk policies/procedures; creating, validating, and running valuation models for structured physical and financial Natural Gas, LNG, and Power contracts; supporting counterparty credit exposure monitoring and margining; collaborating with Credit Operations to monitor credit limit violations and minimize credit risk; monitoring hedge and procurement strategies to identify risk areas and report to the appropriate risk management committees; and identifying new areas of exposure or requirement of new quantitative metrics to measure / monitor current risk exposures. Tools used include Excel, LACIMA, and ZEMA.
Knowledge & Experience Required:
* Two years of experience related to financial reporting, valuation modeling, and regulatory compliance using Allegro Energy Transactions Risk Management System, LACIMA and ZEMA software packages for a public utility company.
* Master's in Finance or Accounting
This position is one of National Grid's career path roles which provide for promotional opportunities within and across salary bands as you develop and evolve in the position by gaining experience, expertise and acquiring and applying technical skills.
National Grid is an equal opportunity employer that value s a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion t hat drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.