Energy Market Risk Manager at Intersect Power

Canada

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Energy, PowerIndustries

Requirements

At least 5 years of direct experience in ERCOT and/or CAISO markets
Strong background in quantitative analysis within the energy sector
Expertise in Python and SQL for data modeling, analytics, and application development
Proven knowledge of quantitative finance concepts, including Value-at-Risk (VaR) and Mark-to-Market (MTM)
Experience with BI tools and cloud-based platforms, particularly Google Cloud Platform
Excellent communication skills, with the ability to explain complex risk concepts to both technical and non-technical audiences
Located within 60 miles of SF Bay Area, NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; or Toronto, ON

Responsibilities

Drive the technical analysis of physical and financial positions in ERCOT and CAISO markets
Quantify and communicate market risk exposures to leadership and internal stakeholders
Provide subject matter expertise on market rules, structures, and trading dynamics
Design, develop, and optimize advanced risk analytics using Python, SQL and Google Cloud Platform
Create scalable risk management applications
Oversee the creation and upkeep of Business Intelligence (BI) dashboards and Python-based reporting tools
Deliver timely, accurate, and investor-ready risk reports aligned with policy requirements
Ensure adherence to Intersect’s risk policies through careful monitoring and documentation
Partner with leadership to refine and improve reporting processes and methodologies

Skills

Key technologies and capabilities for this role

PythonGoogle Cloud PlatformERCOTCAISOMarket RiskValue at RiskMark to MarketRisk AnalyticsRisk Reporting

Questions & Answers

Common questions about this position

Is this position remote, and what are the location requirements?

This is a full-time remote position with a fully flexible workplace, but candidates must be located within 60 miles of hubs including SF Bay Area, NYC Metro Area, Denver, CO, Houston, TX, Calgary, AB, or Toronto, ON to foster in-person connections. The team gathers four times a year for Team Week experiences.

What technical skills are required for this role?

The role requires at least 5 years of direct experience in ERCOT and/or CAISO markets, strong background in quantitative analysis, and proficiency in Python, SQL, and Google Cloud Platform for building risk analytics and reporting tools.

What does the company culture look like at Intersect Power?

Intersect Power emphasizes a fully flexible workplace with deepening social connections through Team Week experiences four times a year and hub locations for shared experiences, while maintaining a collaborative environment across teams.

What experience makes a strong candidate for this position?

Strong candidates will have at least 5 years of direct experience in ERCOT and/or CAISO markets, a strong quantitative analysis background, and hands-on expertise in Python, SQL, and Google Cloud Platform for risk analytics and reporting.

What is the salary or compensation for this role?

This information is not specified in the job description.

Intersect Power

Develops and operates clean energy projects

About Intersect Power

Intersect Power focuses on creating large-scale clean energy projects that aim to significantly reduce carbon emissions. The company develops, constructs, and operates renewable energy infrastructure, primarily solar power plants, and sells the generated electricity to various clients, including businesses and government entities, through structured agreements known as offtakes. This model provides a stable revenue stream by ensuring energy is sold at predetermined prices. Intersect Power stands out from competitors due to its innovative approach to integrating clean electricity into the economy and its recognition in the Sustainability category of Fast Company's 2024 World Changing Ideas Awards. The company's goal is to redefine the clean energy industry and contribute to deep decarbonization efforts to combat climate change.

Beaverton, OregonHeadquarters

2016Year Founded

$7,309MTotal Funding

DEBTCompany Stage

Energy, Social ImpactIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Parental Leave

Mental Health Support

Family Planning Benefits

Phone/Internet Stipend

Home Office Stipend

Risks

Dependence on large clients like Google poses revenue risks.

Rapid expansion may strain financial resources and cause cash flow issues.

Competitive landscape intensification could impact market share and pricing power.

Differentiation

Intersect Power integrates clean electricity into the broader economy innovatively.

The company has a pipeline of 3.2GWDC solar and storage projects for 2023.

Intersect Power operates in both retail and wholesale energy markets.

Upsides

Google's $800m investment boosts Intersect Power's clean energy initiatives.

Federal incentives from the Inflation Reduction Act enhance project financial viability.

Advancements in solar panel efficiency improve project profitability.

Land your dream remote job 3x faster with AI

Try Jobo Free