Director, Market Risk Control
Employment Information
Report this job
Job expired or something wrong with this job?
Job Description
Director of Market Risk Control at esVolta leading risk management in the renewable energy market. Building frameworks, analyzing risks, and ensuring compliance with trading activities.
Responsibilities:
- Establish and lead esVolta’s market risk control framework, processes and tools to support trading and market-facing operations.
- Analyze and report real-time trading desk risk exposures, including breaches of trading limits, while recommending and implementing mitigation strategies.
- Draft and maintain comprehensive risk management policies and procedures aligned with company objectives and regulatory requirements.
- Establish systematic trading limits, monitor adherence, and update limits as needed to reflect evolving strategies and market conditions.
- Conduct detailed profit and loss attribution analysis with commentary on key drivers, ensuring accuracy and actionable insights for senior management.
- Design and implement advanced quantitative tools and controls tailored to esVolta’s trading strategies, leveraging Python and SQL for automation where applicable.
- Manage counterparty risks, operational risks, and business continuity planning to safeguard trading operations and financial assets.
- Prepare detailed trading performance and risk analysis reports for senior leadership to inform decision-making.
- Partner with trading, finance, and compliance teams to align risk management practices with organizational goals and ensure regulatory compliance.
- Ensure timely compliance reporting, including ongoing reporting to esVolta Market Risk Committee.
Requirements:
- 7+ years of relevant experience in market risk management, product control, or related roles at energy companies, trading firms, investment banks, or hedge funds.
- Bachelor’s degree in finance, economics, engineering, or a related field; professional certifications (e.g., CPA, CFA, FRM) are a plus.
- Proficiency in Python and SQL is highly desirable, with experience developing automated risk controls and reporting dashboards.
- Strong understanding of power markets and financial products, with a passion for power and the renewable energy sector.
- Exceptional analytical and problem-solving abilities, with a high level of attention to detail.
- Proven ability to lead cross-functional initiatives, establish frameworks from the ground up, and drive projects to completion.
- Demonstrated ability to use AI tools (e.g., ChatGPT, Claude, Harvey) to improve efficiency, quality, and responsiveness of work, while applying sound judgment and appropriate oversight.
Benefits:
- 401(k) program with 6% match
- Monthly cell phone stipend
- Medical, dental and vision care benefits
- 20 vacation days, 5 sick days and 9 observed holidays
Similar Jobs
Director, Digital Governance
Director of Digital Governance at Sarah Cannon Research Institute focusing on IT, data, and AI governance frameworks. Ensuring compliance and quality assurance in regulated technology environments with a high level of experience required.
Senior Global Trade Analytics, Governance CoE Manager
Manager of Global Trade Analytics at Deckers Brands shaping data-driven operations and governance. Leading analytics strategy and fostering data excellence across teams in a dynamic environment.
Risk Control Consultant
Risk Control Consultant performing workplace risk evaluation and consulting for CNA. Focused on enhancing risk control programs and providing training to partners.
Commercial Risk Manager – EPC, Contracts
Global Risk Manager driving strategic direction and compliance at Canadian Solar. Overseeing e-Storage risk processes and supporting sales teams for contract negotiations.
Performance Governance Analyst – KPI & Service Excellence
Governance Analyst at Compass UOL to enhance performance indicators framework. Collaborating with stakeholders for data-driven decisions and analysis.
Assistant Manager – Model Risk Management
Assistant Manager for Model Risk Management focusing on model validation and governance issues at MashreqBank. Regular collaboration with risk and compliance departments.
Senior Risk Management Professional
Senior Risk Management Professional at CenterWell, identifying risks and developing controls to minimize loss. Collaborating across functions on complex issues and contributing to organizational strategy.
Director, Enterprise Risk Management
Director of Enterprise Risk Management at Cencora, managing and maturing the ERM program. Partnering with stakeholders to enhance risk management alignment with corporate objectives.
Bilingual Risk Management Associate
Risk Management Associate supporting patient and provider support at Cencora. Processing registrations and maintaining communications with multiple stakeholders in the healthcare sector.
Senior Director, Program & Portfolio Governance
Senior Director driving program execution excellence and portfolio governance in a global oncology company. Partnering with leaders for timely program execution and strategic alignment.
Payment Operations & Risk Analyst
Payment Operations & Risk Analyst overseeing payment operations and risk management for a Series B SaaS philanthropy platform. Collaborating across teams to optimize workflows and enhance transaction security.
Cyber Manager – Third Party Risk
Cyber Security Manager performing assessments and collaborating with stakeholders at Maersk. Managing third-party cyber security risks and promoting a culture of awareness across the company.
Lead IT Governance Analyst
Lead IT Governance Analyst at Capio Group providing governance support services to enhance IT governance effectiveness. Developing procedures and frameworks for compliance and project alignment.
IT Governance Analyst
IT Governance Analyst providing essential support services for IT governance effectiveness in a California-based IT consulting firm. Working collaboratively to improve decision-making processes and governance practices.
Director, Risk Adjustment Operations
Director of Risk Adjustment Operations at Devoted overseeing data submissions and chart reviews. Leading operational success with metric-driven strategies and AI tool integration.
Director, Data Governance & Analytics
Director of Data Governance & Analytics at Luminare Health overseeing multi-year data governance programs and platform modernization. Leading cross-functional collaboration to ensure data quality and security.
External Federal Risk & Assessment Governance Subject Matter Expert
External Federal Risk & Assessment Governance Subject Matter Expert for cybersecurity assessments. Participating in Impartiality Committee for federal cybersecurity oversight.
Risk Advisor – Commercial Insurance
Risk Advisor at Players Health supporting youth and amateur sports organizations with risk management solutions. Leading business development and client relationships in a remote-first environment.
Manager – Marketing Technology, Data Governance
Manager - Marketing Technology & Data Governance at Candescent managing marketing automation and data governance for B2B SaaS banking solutions.
Senior Specialist, Strategic Contract Data Governance
Senior Specialist in Strategic Contract Data Governance at Circular Materials. Leading contract standardization and digitization efforts for enterprise procurement processes.