Market Risk Analyst - Energy Trading | Natural Gas, LNG & Power

Market Risk Analyst

Energy Trading | Natural Gas, LNG & Power
Location: Houston, TX or Stamford, CT

Company Overview

A fast-growing energy trading platform with physical and financial exposure across natural gas, LNG, and power markets is seeking a Market Risk Analyst to support daily risk measurement, exposure monitoring, valuation, and reporting across active trading portfolios.

This is a high-visibility role positioned at the intersection of trading, risk, operations, accounting, and senior leadership. The role is well suited for someone who understands energy markets, can work with complex trading data, and is comfortable operating in a fast-paced commercial environment.

Position Summary

The Market Risk Analyst will play a central role in identifying portfolio risk drivers, producing daily risk reporting, supporting VaR and stress testing, and contributing to the continued development of risk analytics and governance processes.

The ideal candidate will have experience in market risk, middle office, risk reporting, or valuation within energy commodities, preferably with direct exposure to natural gas, power, LNG, or related physical and financial products.

Key Responsibilities

• Identify, analyze, and communicate key portfolio value and risk drivers.
• Produce, review, and enhance daily market risk reports for traders and senior management.
• Support Value-at-Risk calculations, stress testing, scenario analysis, and exposure monitoring.
• Assist with risk analytics, portfolio modeling, and the development of reporting tools.
• Contribute to model validation and quantitative analysis, including Monte Carlo-based approaches.
• Support mark-to-market valuation processes, risk controls, valuation policies, and governance procedures.
• Work with trading, scheduling, accounting, and operations teams to improve transparency, reporting accuracy, and process discipline.
• Help identify reporting gaps, data issues, and opportunities to strengthen risk infrastructure as the business scales.

Required Qualifications

• Experience in Market Risk, Middle Office, Product Control, Risk Analytics, or Valuation within energy commodities.
• Direct exposure to physical and/or financial energy products.
• Strong understanding of:
  • Mark-to-market valuation
  • Exposure measurement
  • VaR concepts
  • Stress testing
  • Scenario analysis
  • Portfolio risk reporting
• Advanced Excel skills.
• Familiarity with ETRM systems, market data platforms, or risk reporting tools.
• Strong attention to detail and ability to work accurately under time-sensitive conditions.
• Clear communication skills with the ability to work across technical, operational, and commercial teams.

Preferred Qualifications

• Experience with natural gas, power, LNG, or broader energy trading markets.
• Exposure to Python, SQL, C#, Tableau, or similar analytics/reporting tools.
• Experience supporting risk analytics, quantitative modeling, Monte Carlo simulations, or portfolio-level valuation.
• Prior work in a trading environment, commodity merchant, energy hedge fund, utility, producer, or energy-focused financial institution.

Candidate Profile

The strongest candidate will likely come from one of the following environments:

• Energy commodity trading firm
• Power or natural gas merchant
• Utility or IPP with trading/risk function
• LNG, gas, or power-focused middle office team
• Commodity hedge fund or bank commodities desk
• Risk analytics or product control function supporting energy portfolios

This person should be analytical, commercially aware, detail-oriented, and able to translate risk data into practical insights for traders and leadership.

Why This Role

• High-impact role with direct visibility across trading and senior management.
• Opportunity to help shape risk analytics, reporting, and controls within a growing trading platform.
• Exposure to physical and financial energy markets across natural gas, LNG, and power.
• Collaborative, commercially focused environment with room for long-term career growth.
• Strong platform for a market risk professional who wants to move closer to the commercial center of an energy trading business.