Risk Management Specialist

Senior Resource Specialist – Energy Risk Management

Power Operating & Planning Section

Duration:
6-month assignment with potential to extend/convert to FTE

Schedule:
Monday–Friday, 8:00 AM – 5:30 PM with alternating Fridays off

Position Summary:
The Senior Resource Specialist provides advanced technical and analytical expertise in support of Energy Risk Management activities within Metropolitan's Power Operating & Planning Section. This role is responsible for identifying, measuring, monitoring, and mitigating financial and operational risks associated with Metropolitan's wholesale energy portfolio, including Power, Natural Gas, and Renewable energy markets.
The ideal candidate will have extensive experience in energy risk management, strong quantitative modeling capabilities, and deep knowledge of wholesale energy markets and ETRM systems. This position works in a fast-paced, collaborative environment supporting strategic energy operations and compliance with organizational risk policies.

Key Responsibilities:

• Develop and manage the full Energy Trading & Risk Management (ETRM) workflow, including system implementation and administration.
• Maintain Energy Risk Management policies, risk limits, and governance procedures.
• Lead Risk Oversight Committee meetings and provide executive-level risk reporting.
• Calculate and report daily Value at Risk (VaR) and Mark-to-Market (MtM) valuations.
• Perform stress testing, scenario analysis, and Monte Carlo simulations to evaluate portfolio risk exposure.
• Validate forward pricing curves and support valuation processes.
• Monitor trading activity to ensure compliance with approved risk limits and policies.
• Analyze basis risk, shape risk, and portfolio exposure to support effective hedging strategies.
• Develop and automate dashboards and reporting tools for leadership and operational teams.
• Coordinate with middle office and back-office teams to resolve trade discrepancies and maintain ETRM data integrity.
• Support strategic planning, operational analysis, and process improvement initiatives.
• Leverage automation, emerging technologies, and AI tools to improve efficiency and reporting capabilities.
• Prepare presentations, reports, and technical recommendations for leadership and stakeholders.
• Perform related duties and special projects as assigned.

Minimum Qualifications

Education:
Bachelor's degree from an accredited college or university in Finance, Economics, Mathematics, Statistics, Engineering, Data Science, Quantitative Finance, or a related field.