Commodity Risk Manager - FTR's jobs in United States
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Balyasny Asset Management L.P. · 1 month ago

Commodity Risk Manager - FTR's

positionHouston, TX
timeFull-time
remoteOnsite
senioritySenior Level, Lead/Staff
date8+ years exp

Balyasny Asset Management L.P. is seeking an outstanding Commodity Risk Manager to join their Commodities Risk Management team. The role involves developing frameworks for quantifying and monitoring commodity risks, supporting the growth of the FTR business, and effectively communicating risks to management.

Responsibilities

Develop advanced framework for quantifying and monitoring FTR risk
Approve bid files and bidding strategies before submission to periodic ISO FTR auctions
Understand FTR desk’s risks and sources of P&L. Be able to articulate and communicate to management in a concise narrative manner
Plan, scale, and execute risk capabilities to enable the growth of the commodity business, including the development and configuration of new risk systems and developing Python code and tools for the Risk library
Brief other risk managers outside commodities proactively on commodity specific risks and apply insights from other risk managers to commodity risk
Communicate risks to management in a concise, fair, and effective manner
Demonstrate a hands-on attitude to performing all commodity risk tasks
Onboard new commodities markets and products and create appropriate risk frameworks

Qualification

Commodities risk managementFTR tradingPythonSQLExcelRisk metrics knowledgeQuantitative backgroundCommunication skillsHands-on attitudeTeam collaboration

Required

Minimum 8 years of commodities risk management experience in Commodities markets, including FTRs and US Power
Deep experience with proprietary FTR trading
Understand physical power markets, including some knowledge of grid topology and ISO congestion calculation methodologies
Proficient in Python, SQL, and Excel. Must be familiar with numeric libraries such as pandas and numpy in addition to data visualization packages
Strong knowledge of risk and performance metrics including VaR and stress test methodologies
Quantitative educational background, such as physical sciences, math, engineering, statistics, economics, or finance

Preferred

Have set up risk management systems and frameworks for a greenfield physical trading operation
Experience in additional commodities markets, such as: Oil, Gas, Power Products, NGL's Grains, Softs, and/or Metals
Financial or risk certifications such as CFA, FRM, ERP, PRM, etc
Power systems and grid background

Company

Balyasny Asset Management L.P.

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Balyasny Asset Management (BAM) is a diversified global investment firm founded in 2001 by Dmitry Balyasny, Scott Schroeder, and Taylor O'Malley.
dateFounded in 2001
location
Chicago, Illinois, USA
people-size1001-5000 employees
web-link
https://www.bamfunds.com/

H1B Sponsorship

Balyasny Asset Management L.P. 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 (107)
2024 (85)
2023 (39)
2022 (44)
2021 (28)
2020 (18)

Funding

Current Stage
Late Stage

Leadership Team

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David Black
Managing Director Business Development
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J
Jeremy Brunelli
Data Science & AI | Managing Director, Head of Geospatial & Alt Data Research
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