Director, Market Risk Control
This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Director, Market Risk Control based in United States.
This senior leadership role is responsible for building and scaling a market risk control function within a fast-growing renewable energy trading environment.
You will define the frameworks, tools, and governance needed to monitor and mitigate market, credit, and operational risks across trading activities.
The role sits at the intersection of power markets, quantitative analysis, and financial oversight, directly influencing trading discipline and strategic decision-making.
You will work closely with trading, finance, and compliance teams to ensure robust risk controls are embedded in day-to-day operations.
The position plays a critical role in protecting financial performance while enabling growth in complex and evolving energy markets.
It offers high visibility to senior leadership and requires strong technical, analytical, and leadership capabilities.
This is a foundational role where you will shape how risk is defined, measured, and managed across the organization.
Accountabilities:
- Establish and lead the market risk control function, designing the overall risk framework, governance structure, and analytical tools to support trading and market-facing activities.
- Monitor and analyze real-time trading exposures, identifying breaches of risk limits and recommending mitigation actions to ensure adherence to approved risk appetite.
- Develop, implement, and maintain comprehensive risk policies, procedures, and controls aligned with corporate objectives, regulatory requirements, and market best practices.
- Define and manage trading limits, ensuring they remain appropriate as strategies, market conditions, and portfolio exposures evolve over time.
- Oversee P&L reporting and attribution analysis, providing clear explanations of performance drivers and actionable insights for senior leadership.
- Build and enhance quantitative risk tools and automated reporting capabilities using programming languages such as Python and SQL to improve accuracy and efficiency.
- Manage counterparty, operational, and liquidity risks while supporting business continuity planning and ensuring strong risk governance across trading operations.
- Deliver regular risk reporting and insights to senior leadership and the Market Risk Committee, supporting informed strategic decision-making.
- 7+ years of experience in market risk management, product control, or related roles within energy trading firms, investment banks, hedge funds, or similar financial environments.
- Bachelor’s degree in finance, economics, engineering, or a related discipline; professional certifications such as CFA, FRM, or CPA are a plus.
- Strong understanding of power markets, energy trading products, and risk dynamics, with a genuine interest in renewable energy and market evolution.
- Proven experience designing and implementing risk frameworks, controls, and reporting processes in complex trading environments.
- Strong quantitative and analytical skills with hands-on proficiency in Python and SQL for automation, modeling, and reporting.
- Demonstrated ability to lead cross-functional initiatives, build systems from the ground up, and drive execution in fast-paced environments.
- Excellent communication and stakeholder management skills, with the ability to translate complex risk concepts into clear business insights for senior leadership.
- High attention to detail, strong judgment, and the ability to balance risk control with commercial decision-making.
- Experience leveraging AI tools to improve productivity and analytical workflows, with appropriate oversight and governance.
- Competitive base salary of approximately $175,000 with eligibility for up to 25% annual bonus based on performance.
- 401(k) retirement plan with 6% employer match.
- Comprehensive medical, dental, and vision insurance coverage.
- Monthly cell phone stipend.
- Generous paid time off including 20 vacation days, 5 sick days, and 9 paid holidays.
- Remote-first role within the continental United States, with occasional travel to offices or project sites as required.
- Opportunity to build and lead a critical risk function within a rapidly growing clean energy trading organization.