Description
We are seeking a Principal Market Risk Specialist to lead the assessment and mitigation of market risk exposures across SMUD's diverse energy portfolios, including power, gas, and renewables. The ideal candidate will have strong analytical and quantitative modeling skills, extensive experience in energy trading and risk management, and the ability to communicate complex risk insights to executive leadership. This role offers an exciting opportunity to shape risk policies, support strategic decision-making, and contribute to SMUD's commitment to managing price volatility and regulatory challenges in the energy market.
Note: We are filling this position at either the Principal or Senior level. To be considered at the Senior level, please apply to requisition #2684.
Purpose
This role is a subject matter expert responsible for identifying, assessing and mitigating market risk exposures across the organization’s energy trading, hedging, and procurement activities. The role provides strategic insights, analytical expertise, and leadership in market risk measurement and policy development to support the company’s risk-adjusted decision-making processes. This position is critical in ensuring that the utility maintains a robust risk management framework to navigate price volatility in energy markets, regulatory impacts, and external shocks.
Requirements
Required Education
Bachelor’s degree in finance, economics, engineering, mathematics, statistics, or a related field from an accredited college or university, or equivalent experience. If no degree, eleven or more (11+) years of relevant experience are required.
Required Experience Qualifications
At least seven (7+) years of experience in market risk, energy trading, quantitative risk management within the utility or energy sector.
Desirable Qualifications
- Working knowledge with energy trading and risk management systems (e.g., Endur, Allegro, PowerBI, ETRM platforms).
- Demonstrate strong analytical and quantitative modeling skills with proficiency in risk tools and programming languages (e.g. Energy Market Simulation Software, Python, R, MATLAB, SQL).
