Market Risk Analyst

About the Role

The Market Risk Analyst plays a key role in analyzing and valuing a portfolio of commodity trading positions and financial derivatives tied to the natural gas market. This role sits at the intersection of trading, financial analysis, and risk management, providing insight into how market movements impact the value and risk profile of TMV’s natural gas trading portfolio. You will work closely with traders and leadership to ensure transactions are accurately valued, market inputs are properly maintained, and risk exposures are clearly understood.

The role combines structured daily and regular reporting responsibilities with deeper analytical work focused on investigating complex transactions, improving valuation methodologies, and supporting informed trading decisions. This is a fast-paced and intellectually challenging environment suited for individuals who enjoy solving complex analytical problems, working with large datasets, and applying statistical and financial concepts to real-world markets.

Market Risk brings together finance, statistics, economics, and accounting, offering a non-traditional path in finance or accounting within the dynamic energy industry. Analysts gain exposure to real-time trading markets and complex financial instruments, making it an excellent opportunity for those interested in developing expertise in commodity markets, derivatives valuation, and quantitative risk analysis.

This position is onsite in Omaha, NE.

Responsibilities

• Analytical Investigation & Judgment
  • Develop and support independent valuation conclusions for complex or non-standard deal structures
  • Investigate unusual valuation results or discrepancies, determine root causes, and recommend corrective action
  • Research market developments and pricing methodologies that affect valuation accuracy
• Portfolio Valuation & Risk Analysis
  • Analyze and value a portfolio of complex physical and financial natural gas transactions, including derivative instruments
  • Ensure valuation models accurately reflect the economic structure of transactions
  • Monitor and explain daily changes in portfolio valuation driven by market movements
• Market Data & Pricing Inputs
  • Maintain and update market data used in valuation models, including forward price curves, volatility assumptions, locational basis, and other key inputs
  • Research and validate external market data sources to ensure accuracy and reliability
  • Structure and maintain the underlying curve and market data sets, including database organization and management
• Trading Support
  • Partner with trading teams to confirm deal economics and validate recently executed deals are captured correctly and accurately, as well as validate transaction pricing
  • Provide quantitative support and analysis related to market data, pricing assumptions, and deal structures
  • Provide actionable insight into changes observed in the forward natural gas portfolio, including market shifts and portfolio risks
• Reporting and Communication
  • Prepare and present valuation and risk analysis to senior leadership
  • Respond to ad hoc questions related to portfolio risk, valuation methodology, or market impacts
• Process and Model Improvement
  • Identify opportunities to improve valuation methodologies, analytical tools, and reporting processes
  • Contribute to the development and refinement of internal valuation models and analytics
• Team Development
  • Collaborate with and help train junior analysts as needed
  • Contribute to a culture of curiosity, analytical rigor, and continuous improvement
• Other duties as assigned

Qualifications

• Bachelor’s degree in accounting, finance, economics, statistics, engineering, or another quantitative discipline
• 2+ years of experience in a relevant field with exposure to work requiring advanced analytical, technical, and/or problem-solving skills, such as financial analysis or modeling, mark-to-market accounting, derivatives valuation, or trading analytics
• Interest in learning derivatives pricing concepts, including forward curves, volatility, and optionality
• Strong analytical and quantitative problem-solving skills, including the ability to reach and support a conclusion
• Advanced Excel skills, including complex formulas, pivot tables, and data analysis
• Ability to interpret large datasets and translate analysis into clear insight
• Strong written and verbal communication skills
• Dependable, reliable, and predictable attendance

Preferred Qualifications

• Experience valuing physical or financial commodity transactions
• Familiarity with natural gas market structure, including locational basis, storage optionality, seasonal spreads, and transportation
• Exposure to derivative pricing concepts, including forward curves, volatility, and optionality
• Experience supporting trading desks, risk management teams, or valuation functions
• Experience with SQL, Power BI, and VBA for data extraction and model automation
• Master’s degree in a relevant quantitative field

Skills for Success

Successful analysts in this role tend to be:

• Team-oriented
• Highly analytical, with strong attention to detail and intellectual curiosity
• Able to investigate complex problems and develop well-supported conclusions
• Comfortable working in a fast-paced, deadline-driven environment
• Effective at communicating technical concepts to a range of audiences
• Motivated to continuously improve models, processes, and analytical approaches

Benefits

• Health, dental, vision, disability, and life insurance
• Excellent 401(k) plan
• Incentive-based, competitive salary packages
• Health/dependent care flexible spending accounts
• Tuition assistance
• Long-term disability coverage
• Adoption benefits
• Employee assistance program
• Paid vacations and holidays
• Generous sick leave
• Charitable giving program
• Paid maternity/paternity leave
• Wellness programs

Applicants must be authorized to work for any employer in the U.S. The company is not able to sponsor an employment visa at this time or commit to doing so in the future for individuals who would need sponsorship.