Energy Trading and Risk Management Specialist/ Energy Risk Management Specialist

Energy Trading and Risk Management Specialist/ Energy Risk Management Specialist 22nd Century Technologies, Inc. - 3.7 Los Angeles, CA Job Details Full-time | Contract $84.71 an hour 8 hours ago Qualifications Environmental regulations Computer operation Environmental permitting Teamwork Groundwater Project planning Writing skills Environmental compliance Team development Bachelor's degree Team management Statistical modeling Risk management Mentoring Contracts Presentation creation Budgeting Contract negotiation Quantitative analysis Project leadership Water treatment Full Job Description Duration- 6 months Job Description The Senior Resource Specialist will work in a very busy team-oriented environment. In this role the Senior Resource Specialist with Energy Risk Management experience will be responsible for identifying, measuring, and mitigating financial and operational risks within our wholesale energy portfolio. The Senior Resource Specialist will ensure that market volatility is managed within the organization's risk framework. The ideal candidate will possess a deep understanding of energy commodity markets (Power, Natural Gas, Renewables) and the mathematical models used to price risk in a volatile environment These tasks include but are not limited to: Develop and implement the entire ETRM workflow, including the selection and implementation of an ETRM system. Maintain and update Energy Risk Management Policy including all risk limits. Lead and manage Risk Oversight Committee meetings. Establish Risk, Net Cost, and exposure management (positions, valuation curves, mark-to-market) processes, settlements and close (pricing, statement reconciliation) interfaces and integrations and market and pricing data management.

Quantitative Risk Modeling:

(a) Calculate and report daily Value at Risk (VaR) and Mark-to-Market (MtM) valuation for the energy portfolio, including both physical and financial products. (b) Perform Monte Carlo simulations and stress tests to evaluate portfolio performance under extreme market conditions (e.g., weather events, infrastructure failure). Validate forward price curves. Develop and automate risk reporting dashboards for executive leadership and the Risk Oversight Committee, highlighting breaches and portfolio exposures.

Middle Office & Governance:

(a) Monitor trading activity to ensure compliance with the Risk Management Policy and authorized trading limits. (b) Analyze Basis Risk (locational price differences) and Shape Risk (timing of delivery) to ensure hedging strategies are effective. (c) Collaborate with the back office to resolve trade discrepancies and ensure data integrity within the ETRM (Energy Trading and Risk Management) system. Demonstrate willingness and capability to leverage emerging technology, automation, and Al tools to improve efficiency, quality, and speed. Exercise sound judgment, creative thinking, and accountability for outcomes. Performs other related Accountant job duties as required.

Experience Qualifications:

Education and Experience :

A Bachelor's degree from an accredited college or university, majoring in a related field and eight years of relevant experience; or an advanced degree from an accredited college or university, majoring in a related field and six years of relevant experience.. The hiring manager is asking for someone who has a minimum of 10+years of energy industry experience in an energy risk management. To be successful in this role, you'll need to 6+ years of energy industry experience in an energy risk management role M.S. or Ph.D. degree in a quantitative discipline (mathematics, quantitative finance, economics, statistics data science).

General Required Knowledge of:

Public policy and government regulations, financial and budgeting practices and procedures; long-term planning water needs assessment; team building; relevant federal, state, and local laws; project management, contract administration; environmental regulations relevant to area of expertise; trends and emerging energy and water quality technologies; experimental design and methods development; water conservation programs; water resource policy interpretation and development; environmental resource permitting, management, mitigation and planning; groundwater treatment technology; water transfers and exchanges; water resources and hydrogeology; project, risk, and task management; groundwater quality. General Required Skills and Abilities to: Manage complex projects involving water transfer, exchange, environmental resource mitigation, permitting, and planning. Negotiate storage or environmental agreements with outside agencies and authorities; obtain permits; manage studies relating to groundwater characterization, management, impact assessment, protection and groundwater quality conditions, prepare detailed project plans and reports. Conduct complex problem solving related to water resource and storage issues, prepare and deliver clear, concise, well-organized presentations to a wide variety of audiences having varying levels of technical knowledge. Assist in negotiating with representatives of external agencies to secure and manage agreements having significant impact on the organization; conduct sensitive discussions and negotiations with external agency representatives. Lead, mentor, display a high level of initiative, effort and commitment towards completing assignments giving attention to detail with minimal supervision; encourage and facilitate cooperation, effectively present information to individuals or groups; organize and coordinate the work of others. Communicate orally and in writing on administrative and technical topics; provide reliable customer service; be fiscally responsible; establish and maintain collaborative working relationships with all levels within the organization and externally; and operate current office equipment including computers and supporting applications. LI_TSC About our

Company:

- 22nd Century Technologies, Inc., is one of the fastest growing IT Service Integrator and Workforce Solution companies in the United States. Founded in 1997, 22nd Century Technologies is a Certified National Minority Business Enterprise with 6,000+ people including 600+ Cyber SMEs nationwide supporting our customers in all 50 states, Canada, and Mexico. With HQs in Somerset, NJ and Mclean, VA, 22nd Century has 14 offices throughout the United States. As part of our unrelenting focus on quality and compliance, 22nd Century Technologies' delivery is based on Certified Matured Processes including CMMI L3 Dev & SVC, ISO 20000, ISO 27001, and

ISO 9001

quality processes. With a strong focus on the public sector, 22nd Century currently holds government contracts with 14 out of 15 Federal Executive agencies including DoD, 37 other Federal agencies, 50 States, 115+ Local agencies, and 37 School Districts. In the last three years, we have expanded our services to Fortune 500 and other commercial clients and currently support 80+ commercial clients. Recognized among "Best Company to Work For" by Forbes, 22nd Century Technologies, Inc., consistently exceeds our clients' expectations by focusing on their absolute satisfaction with jobs while keeping our employees motivated. "22nd Century Technologies is an Equal Opportunity Employer" and "US Citizens & all other parties authorized to work in the US are encouraged to apply." All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Pay:

$84.71 per hour

Education:

Bachelor's (Required)

Experience:

Energy risk management: 5 years (Required) Quantitative modeling in energy: 5 years (Required) Managing ETRM systems and processes: 5 years (Required) Ability to

Commute:

Los Angeles, CA 90012 (Required)

Work Location:

In person