America’s Premier Power Generation Company
... Creating Power for a Sustainable Future


Job Details


At Calpine, we give you the tools you need to chart your own career path in an engaging, fast-paced environment where you can learn from power industry leaders.

Whether you are a student seeking an internship that offers real-world experience, a recent graduate ready to build a rewarding career or a seasoned professional who wants to expand your horizons, Calpine provides meaningful opportunities and challenges.

Our learning and development platforms and educational reimbursement programs enable employees with initiative to explore their own potential in a dynamic and rewarding industry.

Requisition Number 17-0304
Title Mgr Risk Analysis
City Houston
State TX
Job Family Commercial Analytics
Employee Type Regular
Subject to DOT Regulations No
Percent of Travel Required 0
Relocation Provided No
Location Houston Office
Description Description of Role

• Lead analysis of value and risk trends and attributes of a regional portfolio.
• Execute risk reporting processes to produce vital information needed by commercial decision-makers:
o Daily MTM and P&L estimates
o Daily positions by commodity, location, portfolio, and time period
o Current month performance information
o Ad hoc assessments of risk factors and potential hedging strategies
• Become go-to person for traders, originators, accounting staff, and management to answer questions about regional portfolio positions, changes, and risk factors.
• Drive select projects to build (or overhaul) analytical tools and reports to create and distribute market risk information to various users within Calpine.
• Take point with IT organization on projects to improve the underlying risk system infrastructure (models, calculations, data flows, reports, etc.); includes supporting the upcoming ETRM replacement effort.
• Position reports to Director, Market Risk Analysis (location: Houston, TX).

Requirements Relevant Skills and Experience

• Candidates should have significant experience in power sector valuation and risk analysis. Knowledge base should cover a subset of the following:
o Power plant and related product modeling approaches
o ETRM systems generally and Nucleus and/or Allegro specifically
o Power and gas markets
o Power plant operations
• Displays strong analytical aptitude with high degree of attention to detail.
• Strong model-building skills; experienced with analytical and data manipulation applications.
• Project-based or team management experience; track record should show ability to effectively manage others.
• Strong orientation toward designing efficient and reliable processes.
• Strong verbal and written communication skills. Customer service oriented.
• Strong presentation skills (including familiarity with PowerPoint).


• Attractive qualifications include degrees in quantitative fields such as math, computational science, statistics, engineering, economics, or finance.
• Additional risk-analysis-oriented certifications such as FRM are a plus.
Apply On-line
Send This Job to a Friend