Balyasny Asset Management L.P.
Commodity Risk Manager - FTR's
Balyasny Asset Management L.P., Greenwich, Connecticut, us, 06831
Commodity Risk Manager - Financial Transmission Rights
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Commodity Risk Manager - Financial Transmission Rights
role at
Balyasny Asset Management L.P.
We are looking for an outstanding Commodity Risk Manager based in Geneva to join our Commodities Risk Management team reporting to the Co-Head of Commodity Risk. The position offers the opportunity for an employee to build a world-class global commodity business by providing management with a reliable and inclusive view of overall commodity risk. The individual will be instrumental in the set up and growth of the FTR business. As a partner to the commodity business, the candidate must engage, challenge, and support the commodity desks.
The commodity business unit is one of the newest and fastest growing profit centers at BAM, rapidly onboarding new markets and staff around the globe to grow financial and physical trading capabilities.
Responsibilities
deDevelop advanced framework for quantifying and monitoring FTR ri
skApprove bid files and bidding strategies before submission to periodic ISO FTR auctio
nsUnderstand FTR desk’s risks and sources of P&L. Be able to articulate and communicate to management in a concise narrative manne
r.Plan, scale, and execute risk capabilities to enable the growth of the commodity business, including the development and configuration of new risk systems and developing Python code and tools for the Risk libra
ryBrief other risk managers outside commodities proactively on commodity specific risks and apply insights from other risk managers to commodity ri
skCommunicate risks to management in a concise, fair, and effective mann
erDemonstrate a hands‑on attitude to performing all commodity risk tas
ksOnboard new commodities markets and products and create appropriate risk framewor
Requirements
tsMinimum 8 years of commodities risk management experience in Commodities markets, including FTRs and US Pow
erDeep experience with proprietary FTR tradin
ngUnderstand physical power markets, including some knowledge of grid topology and ISO congestion calculation methodologie
s.Proficient in Python, SQL, and Excel. Must be familiar with numeric libraries such as pandas and numpy in addition to data visualization package
s.Strong knowledge of risk and performance metrics including VaR and stress test methodologi
esQuantitative educational background, such as physical sciences, math, engineering, statistics, economics, or financ
Nice to Have
veHave set up risk management systems and frameworks for a greenfield physical trading operati
onExperience in additional commodities markets, such as: Oil, Gas, Power Products, NGL’s Grains, Softs, and/or Meta
lsFinancial or risk certifications such as CFA, FRM, ERP, PRM, et
c.Power systems and grid backgrou
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance
Industry Capital Markets and Investment Management
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Commodity Risk Manager - Financial Transmission Rights
role at
Balyasny Asset Management L.P.
We are looking for an outstanding Commodity Risk Manager based in Geneva to join our Commodities Risk Management team reporting to the Co-Head of Commodity Risk. The position offers the opportunity for an employee to build a world-class global commodity business by providing management with a reliable and inclusive view of overall commodity risk. The individual will be instrumental in the set up and growth of the FTR business. As a partner to the commodity business, the candidate must engage, challenge, and support the commodity desks.
The commodity business unit is one of the newest and fastest growing profit centers at BAM, rapidly onboarding new markets and staff around the globe to grow financial and physical trading capabilities.
Responsibilities
deDevelop advanced framework for quantifying and monitoring FTR ri
skApprove bid files and bidding strategies before submission to periodic ISO FTR auctio
nsUnderstand FTR desk’s risks and sources of P&L. Be able to articulate and communicate to management in a concise narrative manne
r.Plan, scale, and execute risk capabilities to enable the growth of the commodity business, including the development and configuration of new risk systems and developing Python code and tools for the Risk libra
ryBrief other risk managers outside commodities proactively on commodity specific risks and apply insights from other risk managers to commodity ri
skCommunicate risks to management in a concise, fair, and effective mann
erDemonstrate a hands‑on attitude to performing all commodity risk tas
ksOnboard new commodities markets and products and create appropriate risk framewor
Requirements
tsMinimum 8 years of commodities risk management experience in Commodities markets, including FTRs and US Pow
erDeep experience with proprietary FTR tradin
ngUnderstand physical power markets, including some knowledge of grid topology and ISO congestion calculation methodologie
s.Proficient in Python, SQL, and Excel. Must be familiar with numeric libraries such as pandas and numpy in addition to data visualization package
s.Strong knowledge of risk and performance metrics including VaR and stress test methodologi
esQuantitative educational background, such as physical sciences, math, engineering, statistics, economics, or financ
Nice to Have
veHave set up risk management systems and frameworks for a greenfield physical trading operati
onExperience in additional commodities markets, such as: Oil, Gas, Power Products, NGL’s Grains, Softs, and/or Meta
lsFinancial or risk certifications such as CFA, FRM, ERP, PRM, et
c.Power systems and grid backgrou
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance
Industry Capital Markets and Investment Management
#J-18808-Ljbffr