Job Description

Our Energy Risk Management team is looking for a Senior Analyst, Market Risk to join their team in creating and maintaining required contracts and assets models, analyzing market risks for new transactions, establish risk indicators and support the commercial teams with quantitative modelling and optimization analysis. The incumbent will produce daily and weekly risk reports; develop risk monitoring and analytical tools using various sources of data; and work closely with other members of the Risk Management Group and the Trading Group to track, quantify, and understand energy market risks. This position presents a unique opportunity to apply risk management concepts to energy trading and develop an expertise in this area.Who we are: Evolugen is Brookfield Renewable's Canadian operations business. We currently own and operate 61 renewable energy facilities across Canada, including 33 hydroelectric facilities, 4 wind farms, and 24 solar sites. As an industry leader, our mission is to develop and deploy sustainable solutions designed to accelerate Canada's transition to a low-carbon future. As a recognized top employer of the National Capital Region, we are proud of our collaborative culture of 450 high-calibre professionals who help develop, support and operate our renewable energy portfolio in Canada.You'll want to join our team for:

• The competitive compensation package
• Opportunities for professional growth
• Our health, dental & paramedical benefits
• Our retirement savings plan
• Our new LEED-certified office building located near vieux-hull's vibrant restaurant scene
• The on-site gym & bike storage room

What you'll be doing: Market Risk

• Work with the broader Market Risk team with its routine tasks and operation including interfacing with other Risk functions, the Front office teams and the Canadian Energy Trading team;
• Develop models for complex transactions and contracts that include optionality and/or various commodities
• Support the development of optimization strategies aimed at extracting incremental value from physical assets;
• Present quantitative analysis results and insights to Front Office functions and senior management;
• Review the Market Risks for new proposed transactions and recommend adequate mitigation measures;
• Support the development and maintenance of VaR, back testing and stress testing processes;
• Support ad-hoc analytical requests from the front office (basis risk analysis, Plant generation optimization, etc);
• Develop and implement analysis to model energy and congestion forward prices, volatility and market correlations using various fundamental, analytical and technical tools;
• Review and validate valuation models created by the Front office and Finance teams as necessary

Risk Control

• Monitor trading activities to ensure compliance with policies, guidelines, and established limits;
• Understand and report portfolio changes through profit and loss attribution analysis;
• Collaborate with various departments to update and maintain information in the Trade Capture System;
• Provide ongoing analytical valuation of physical generation assets; physical electricity purchases and sales; transmission positions; and financial commodity products (options, forwards, swaps);
• Understand portfolio risk, including non-linear real option exposures, correlations, and relationships to key drivers (i.e. weather, hydrology, locational basis, etc.);
• Participate in group initiatives to improve risk reporting and reporting infrastructure/processes;
• Support drafting risk policies and documents;
• Work on ad-hoc analytical requests from senior management and other teams;

You should apply if you have/are:

• Demonstrated ability to think and act with strategic and tactical agility;
• Strong analytical skills with the ability to synthesize information to understand issues, identify options, and support sound decision making;
• Self-motivated, with a high level of initiative;
• Strong organizational skills and attention to detail, with a dedication to achieving high quality results with the organization's standards;
• Able to work effectively in ambiguous or changing situations, and with diverse individuals and groups;
• Strong interpersonal and collaborative skills to work effectively in a team in order to achieve organizational goals;
• Able to adapt and meet multiple objectives in a dynamic, fast-paced, team environment; Excellent writing skills; Experience writing Risk policies and analysis presentations is considered an asset;

What you must have:

• Undergraduate degree in quantitative finance or another quantitative discipline (e.g. economics, mathematics, physics or engineering); a Master's degree and/or financial designation (e.g. CFA, FRM or ERP) is considered an asset;
• 1 to 3 years of experience in energy and/or financial markets;
• Advanced proficiency in MS Office, with emphasis on MS Excel; programming skills in VBA, Matlab or Python are considered an asset;
• Experience with Alteryx or other data analytics platform is considered an asset;
• Familiar with the use of Bloomberg terminal;
• Knowledge of derivatives and/or previous experience in quantitative analysis; actuarial background is a definite asset;
• Knowledge of electricity and natural gas markets in North America is an asset;
• Excellent writing skills; Experience writing Risk policies and analysis presentations is considered an asset;

Evolugen embraces and promotes the principles of diversity, equity and inclusion. We welcome and encourage applications from all qualified candidates, including women, Indigenous peoples and other persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions. We also provide accommodation during all parts of the hiring process, upon request. If contacted to proceed to the recruitment process, please advise us if you require any accommodation.Job Type: Full-timeSchedule:

• Monday to Friday

Application question(s):

• Are you authorized to work in Canada?
• What are your salary expectations for this position?