- Location: Tualatin, Oregon
- Type: Contract
- Job #8524
Overview: ACS Professional Staffing is looking for an employee to work on-site with our client. The Principal Risk Analyst will support senior leadership and key business partners by helping them understand, quantify, and act on uncertainty in an increasingly complex, data driven environment. This role is responsible for producing and maintaining production-based reporting, understanding underlying processes, and knowing when to escalate or seek support. Additional responsibilities include analyzing complex contracts and translating contractual terms into Endur deal level details. Success in this role requires a strong blend of technical expertise, market awareness, and communication skills, as well as the ability to quickly build trust by understanding the firm's risk posture and delivering clear, actionable insights.
This full-time position is located in Tualatin, OR. Responsibilities: - Support Power Operations Risk Management teams, including running and analyzing operational reports. Collaborate with Power Operations to assess trading risk limits, evaluate exposures, develop new quantitative models, validate or enhance existing models, and support internal partners in applying these models for effective risk analysis and decision making.
- Run production reporting processes to ensure smooth and efficient flow of End of Day.
- Troubleshoot production reporting systems and learn to identify, communicate, and track the status of issues when they come up.
- Suggest improvement to existing operational systems based on knowledge of energy market risk systems and End of Day functions.
- Provide analytical support for trading, portfolio management, origination, energy market risk, credit risk, and finance. Translate qualitative insights from commercial teams into quantitative terms to improve performance.
- Learn and support quantitative approaches to evaluate the benefits, costs, risks, and risk mitigation strategies associated with energy infrastructure.
- Support new and review existing complex valuation and pricing models for structured products such as tolling agreements, PPAs, full requirements/load following deals, shaped products, revenue puts, exotic options (swaptions, basket options, look back options, heat rate options), weather derivatives, and unit contingency products.
- Learn, apply and interpret risk metric models, including Value at Risk (VaR), Mark to Market, and Gross Margin at Risk (GMaR).
- Support statistical analysis and quantitative tools for trading and hedging, including commodity data modeling and ad hoc analysis based on short-term market developments.
- Communicate modeling methodologies and results clearly and persuasively to diverse audiences, emphasizing practical business implications and the "why" behind the analysis.
- Make suggestions in alignment with the existing Risk Management Policy and Procedure framework.
Requirements: - BS or MS in engineering, statistics, a scientific discipline, economics, finance, or a related field.
- 8+ years of experience in a financial risk or analytical role within the energy industry, preferably at a utility, or in an academic setting with direct application to energy markets.
- Experience in wholesale power and/or gas markets or quantitative trading is preferred.
- Broad experience in North American energy markets and quantitative risk analysis, with a focus on power, natural gas, and renewables.
- Expertise in at least one of the following: time series analysis, advanced regression/econometrics, or advanced optimization techniques using commercial solvers.
- Experience with Production Cost Modeling.
- Utilities experience is required.
- Advanced knowledge of risk management concepts
- Able to communicate and collaborate effectively with teams outside of risk management.
- Experience with Endur ETRM is a plus.
- Demonstrate advanced proficiency in Microsoft Office (Word, PowerPoint, Excel).
- Advanced financial modeling skills and experience using Microsoft Excel, or Python
- Expert knowledge of enterprise/business acumen.
- Demonstrate seasoned professional maturity and sound judgment, including the ability to navigate ambiguous requests, recognize when to seek guidance, leverage subject matter experts across the organization, and prepare and deliver clear, well-structured communications for senior and executive audiences.
Work sponsorship is not available at this time. Third-party candidates will not be considered for this position.
Because we are a federal government contractor, we have special restrictions placed on us for hiring foreign nationals into certain key positions within the company. This particular position requires U.S. citizenship.
ACS Professional Staffing will provide equal employment opportunities to all applicants without regard to the applicant's race, color, religion, sex, gender, genetic information, national origin, age, veteran status, disability status, or any other status protected by federal or state law. The company will provide reasonable accommodations to allow an applicant to participate in the hiring process if so requested.
If you have any questions about the job posting, please contact recruiting@acsprostaffing.com
If you have any questions about our Reasonable Accommodation Policy, please feel free to email hr@acsprostaffing.com