Director, Market Risk Control

Job not on LinkedIn

🔥 0 minutes ago

🏄 California – Remote

🏄 California – Remote

💵 $175k / year

⏰ Full Time

🔴 Lead

🎲 Risk

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

esVolta, LP

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2017

⚡ Energy

☁️ SaaS

Energy • Utilities • SaaS

esVolta, LP is a company that develops, owns, and operates utility-scale battery energy storage projects across North America. The company connects its projects directly to the electric grid and offers essential services to utilities, grid operators, and large energy consumers, including on-demand capacity and ancillary grid support. With a portfolio totaling nearly 1. 5 GWh of operational and utility-contracted backlog projects, esVolta is also developing a pipeline approaching 20 GWh, showcasing its commitment to advancing energy storage solutions.

📋 Description

• Establish and lead esVolta’s market risk control framework, processes and tools to support trading and market-facing operations. • Analyze and report real-time trading desk risk exposures, including breaches of trading limits, while recommending and implementing mitigation strategies. • Draft and maintain comprehensive risk management policies and procedures aligned with company objectives and regulatory requirements. • Establish systematic trading limits, monitor adherence, and update limits as needed to reflect evolving strategies and market conditions. • Conduct detailed profit and loss attribution analysis with commentary on key drivers, ensuring accuracy and actionable insights for senior management. • Design and implement advanced quantitative tools and controls tailored to esVolta’s trading strategies, leveraging Python and SQL for automation where applicable. • Manage counterparty risks, operational risks, and business continuity planning to safeguard trading operations and financial assets. • Prepare detailed trading performance and risk analysis reports for senior leadership to inform decision-making. • Partner with trading, finance, and compliance teams to align risk management practices with organizational goals and ensure regulatory compliance. • Ensure timely compliance reporting, including ongoing reporting to esVolta Market Risk Committee.

🎯 Requirements

• 7+ years of relevant experience in market risk management, product control, or related roles at energy companies, trading firms, investment banks, or hedge funds. • Bachelor’s degree in finance, economics, engineering, or a related field; professional certifications (e.g., CPA, CFA, FRM) are a plus. • Proficiency in Python and SQL is highly desirable, with experience developing automated risk controls and reporting dashboards. • Strong understanding of power markets and financial products, with a passion for power and the renewable energy sector. • Exceptional analytical and problem-solving abilities, with a high level of attention to detail. • Proven ability to lead cross-functional initiatives, establish frameworks from the ground up, and drive projects to completion. • Demonstrated ability to use AI tools (e.g., ChatGPT, Claude, Harvey) to improve efficiency, quality, and responsiveness of work, while applying sound judgment and appropriate oversight.

🏖️ Benefits

• 401(k) program with 6% match • Monthly cell phone stipend • Medical, dental and vision care benefits • 20 vacation days, 5 sick days and 9 observed holidays