NextEra Energy Resources

Trading Risk Analyst

LocationJuno Beach, FL
Job TypeFull-time

About This Job


Requisition ID: 85846

NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!


Position Specific Description

We seek a highly skilled and legally astute Trading Risk Analyst to join our Confirmations team. The Trading Risk Analyst will utilize quantitative methods and tools to discern insights and enhance risk management decision-making processes. This position involves daily coordination and communication with the front office, extensive engagement with external counterparties, and in-depth reviews of legal documents. The successful candidate will play a critical role in ensuring the legal confirmation of transactions and mitigating risks associated with complex deals. The team supports NextEra Energy Marketing & FPL across commodity groups in the derivative & physical space. Core functions of the Confirmations Team include:

Confirmation Coordination: Daily coordination and communication with the front office to facilitate confirmation creation and amendments for unique and highly complex deals.
Transaction Accuracy: Ensure that all transactions are accurately captured in Risk systems in a timely manner, adhering to legal and regulatory requirements.
Counterparty Engagement: Engage with external counterparties to legally confirm transactions and actively work towards resolving disputes when necessary.
Legal Document Experience: Seasoned professional with a proven record conducting comprehensive reviews of legal documents, including ISDAs, NAESBs, EEIs, related collateral agreements (CSA), and trade confirmations, to ensure compliance and minimize legal risks.
Reporting and Data Visualization: Develop and enhance the team's reporting infrastructure and data visualization capabilities to support informed decision-making.
Risk Assessment: Collaborate with origination, risk management, trading, legal, and accounting departments to assess and evaluate risks associated with potential transactions, new business initiatives, and onboarding new counterparties. This includes the filing of necessary documentation for proper counterparty integration.


Qualifications

The ideal candidate should possess the following qualifications:

Proven derivative and or legal contract experience.
Proven success in confirmations management in a trading firm, preferably in commodities, 5+ years.
Strong experience with master agreements ISDAs, NAESBs, EEIs, and related collateral agreements (CSA).
Sound understanding of physical trading and derivatives and the trade lifecycle.
Demonstrated ability to collaborate effectively with team members.
Strong critical thinking and creative problem-solving skills.
Exceptional attention to detail and communication skills.
Excellent organizational skills.
Comfort working under tight deadlines.
Proficiency in Excel, SQL, and PowerBI; Python expertise is a plus.
Experience with Endure or other ETRM a plus.
Degree in a business or legal discipline.
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach.
Professional passionate about risk management

This job description is intended to convey information essential to understanding the position's scope and the general nature and level of work to be performed. It is not an exhaustive list of qualifications, duties, responsibilities, or requirements.


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 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
Performs other job-related duties as assigned


Required Qualifications

High School Grad / GED
Bachelor's or Equivalent Experience
Experience: 2+ years


Preferred Qualifications


None

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.


Employee Group: Exempt


Employee Type: Full Time


Job Category: Energy Trading


Organization: NextEra Energy Marketing, LLC


Relocation Provided: Yes, if applicable

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 recruiting-coordinator.sharedmailbox@nexteraenergy.com , 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 our policy for more information.

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