Strategic Advisor: Market Risk Governance & Integration

Job Responsibilities

• Market Integration, Policy & Regulatory Risk Assessment
• Participate in market operator and stakeholder forums (e.g., CAISO EIM and related efforts), evaluate implications for City Light operations and portfolio risk, and translate findings into clear recommendations for internal teams and leadership.
• New Market Initiative Support & Participation Strategy
• Provide risk, governance, and operational guidance during implementation and post go-live phases of new market initiatives such as EDAM/SPP Markets+ (or similar), including recommendations on participation strategy, bidding and market behavior, and downstream impacts.
• Settlements, Metering & OATT/Suballocation
• Serve as technical resource for EIM settlements and metering; design and manage settlement validation methodologies (including suballocation); and support process development for settlements and suballocation billing to transmission customers under OATT-related initiatives.
• Environmental & Emissions Markets Risk and Reporting
• Advise on risks and reporting implications tied to environmental and emissions attributes (e.g., RECs and other environmental commodities), including market activity impacts to compliance and reporting requirements.
• Risk Monitoring, Analytics & Decision Support
• Identify embedded and systemic risks across power, transmission, and environmental commodities. Extract and manipulate data directly from ETRM systems and related data sources using SQL, Python, or equivalent tools. Develop and maintain risk monitoring dashboards and analytical reports using Tableau, Power BI, or Excel; communicate insights clearly to both technical and non-technical stakeholders. Build and maintain repeatable analytical workflows that reduce manual effort and improve data integrity across risk reporting processes.
• Risk Governance, Systems Enablement & Cross-Functional Delivery
• Maintain and enhance risk control, reporting, and governance frameworks. Support ETRM configuration and enhancement for new products and market structures by coordinating with internal system owners and external vendors. Contribute to credit risk frameworks, policy updates, governance documentation, and new market entry assessments.

Qualifications

• Education: A bachelor’s degree in finance, economics, business, public administration, public policy, or risk management is required.
• Experience: 4 years experience in program/strategy development, project coordination, or designing and implementing new programs. 3+ years experience in energy, energy markets and/or environmental emissions attributes.

Desired Qualifications

• Strong understanding of wholesale energy markets, including market structures, pricing mechanisms, and RTO/ISO operations (CAISO, SPP, ERCOT, PJM), including day-ahead and real-time market activity, bidding strategies, position management, and risk mitigation.
• Hands-on experience with ETRM or CTRM platforms, including data extraction, configuration support, or new product integration.
• Experience developing quantitative risk metrics, monitoring frameworks, or analytical models for portfolio or operational risk.
• Familiarity with environmental commodity markets including RECs, carbon allowances, and emissions reporting.
• Project management experience leading cross-functional initiatives and coordinating internal and external audit processes.
• Strong communication skills — able to write clearly, facilitate discussions, and present complex risk topics to both technical and non-technical audiences.
• Comfort working across trading, finance, compliance, and IT teams, as well as with external regulators and market operators.
• A commitment to equity, inclusion, and public service.
• A proven track record of taking initiative, following through, and adapting to new challenges.