Power & Gas Trading Risk Manager

Job Description

Point72 is looking for a Risk Manager specializing in Gas and Power Trading to join their Risk Management & Quantitative Research (RQR) team. The RQR team plays a vital role in the firm’s investment process. The paramount mission of the team is to protect the firm from excessive levels of exposure and ensure that risk-taking is efficient and deliberate.

• Identifying, capturing, and communicating material risks of the business, including credit, tail risk, liquidity, and convexity
• Ensuring that risk-taking at the individual portfolio level and at the firm level is efficient and deliberate, by setting appropriate risk guidelines and limits
• Developing and advancing stress testing and VaR frameworks
• Developing and maintaining a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level
• Actively managing the firm’s risk exposures through regular meetings, analysis and insights
• Leading research efforts to develop innovative risk management approaches, tools and analytics by leveraging the collective knowledge of the platform
• Enhancing management’s understanding of investment performance by developing intuitive and efficient frameworks for performance attribution and educating all internal constituencies on those frameworks
• Manage and mentor Quantitative Analysts on the team.

• Five or more years of experience as a risk manager or a portfolio manager, directly related to US and European power & gas products
• Solid energy product knowledge and analytical rigor in terms of pricing models, risk sensitivities and the best practice for risk aggregation in a portfolio context
• Detailed understanding of risk management, portfolio construction, and trading
• High level of proficiency in SQL and quantitative programming (e.g. Python, MATLAB, R); experienced in dealing with large data sets
• Strong communication skills and prior experience interacting with portfolio managers
• The ability to manage multiple tasks independently and deadlines in a fast-paced environment
• Ability to proactively seek new ideas and solution to improve the status quo
• Ability to work cooperatively with all levels of staff as part of a team
• Excellent interpersonal skills and “emotional intelligence”
• An ability to clearly and concisely articulate complex ideas to senior management and portfolio managers is critical
• A commitment to the highest ethical standards and to act with professionalism and integrity

• A workplace where performance and integrity go hand in hand
• Committed to personal and professional development
• Expects and rewards innovation and creativity
• Creates opportunities for long-term careers
• Measures success by the merits of the work, its quality and the results obtained