NextEra Energy Resources · 10 hours ago
Manager Market Risk
Houston, TX
Full-time
Onsite
Senior Level
7+ years expNextEra Energy Resources is a company focused on providing reliable low-cost energy solutions. They are seeking a Market Risk Manager to oversee market risk management activities across Gexa's power and gas portfolio, ensuring operations remain within established risk management limits and developing comprehensive risk assessment strategies.
EnergyEnvironmental EngineeringRenewable EnergySolar
Hiring Manager
Julia Strube
Responsibilities
Support development and implementation of market risk management frameworks for power and gas trading activities
Monitor, analyze, and report on market risk exposures and assess exposures versus established limits
Daily reconciliation and verification of trading P&L
Explain profit and loss performance to management
Produce and distribute daily P&L and attribution, position, and risk reports
Perform independent price verification of pricing curves, propose valuation reserves as appropriate
Evaluate transactions including calculating Day 1 and other reserves
Monitor position limits and exposure across power and gas portfolios
Analyze portfolio performance and provide recommendations for optimization
Collaborate with portfolio management teams on asset optimization strategies
Support regulatory reporting activities
Maintain documentation and controls to support compliance programs
Support implementation and enhancement of risk management systems
Create and maintain risk management procedures and documentation
Support system integrations and data quality initiatives
Drive implementation of enhanced risk analytics and AI initiatives coordination
Prepare daily, weekly, and monthly risk reports for management
Present risk metrics and analysis to senior leadership
Communicate risk exposures and recommendations to stakeholders
Support board-level risk reporting as needed
Engage with traders, originators, and other business units to understand the strategies and risks across the trading floor and embed that understanding in risk management operations
Develop and implement market risk models, including VaR, stress testing, and scenario analysis
Significant involvement in month-, quarter-, and year-end closing processes
Support systems upgrades and implementations and Trading Risk Management automation projects
Conform to SOX controls processes and innovate controls improvements
Mentor junior team members
Foster a risk aware culture, model high ethical standards, and be a champion for the company’s values of excellence, doing the right thing, and respect
Performs other job-related duties as assigned
Qualification
Required
Proven success on a leading power and gas trading floor as a risk manager and/or product controller or closely related roles, e.g., trader, 8+ years
Strong knowledge of power and gas markets, as well as other energy and traded markets
Strong understanding of physical trading, derivatives, and financial products
Excellent quantitative and analytical skills
Excellent proficiency in Excel, SQL, and quantitative programming languages such as Python
Experience with Energy Trading Risk Management Systems
Degree in a quantitative discipline
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Professional passionate about risk management
Bachelor's Degree
Experience: 7+ years
Preferred
Master's Degree
Benefits
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members.
Company
NextEra Energy Resources
Nextera Energy Resources specializes in offering wind, solar, energy, nuclear and retail services.
10001+ employees
H1B Sponsorship
NextEra Energy Resources has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (55)
2024 (27)
2023 (31)
2022 (25)
2021 (9)
2020 (11)
Funding
Current Stage
Late StageTotal Funding
unknown2025-10-02Acquired
Leadership Team
J
Jim Shandalov
National Vice President, Power Origination
Steve Birndorf
Director, Renewable Energy Consulting
Recent News
Arkansas Business — Business News, Real Estate, Law, Construction
2026-01-12
2026-01-11
Corridor Business Journal
2025-12-17
Company data provided by crunchbase