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Associate or Market Risk Reporting Analyst Job

Job Grade: N
Hierarchy:  Yes - We may hire at a higher level 
Union Position: Non-Bargaining



This position is posted as a hierarchy at the Associate Market Risk Reporting Analyst or Market Risk Reporting Analyst level. Successful candidate(s) will be hired at the level that is commensurate with their skills and experience


Position Summary

Under general direction, gathers commodity prices from various sources and prepares data for use in risk management system for energy commodity valuations. Provide specific price data and analysis requested by various commodity management groups. Prepare daily energy commodity risk evaluations.

Essential Responsibilities


  • Produce and distribute daily risk reports including daily trading P/L, open positions and value-at-risk.
  • Gather, compile and evaluate information needed for daily forward curve mark-to-market process. Perform daily pricing process, including validating trader marks against third party sources.
  • Interface with accounting, trade floor and other commodity management groups to provide information related to transactions, valuations and credit exposures while monitoring and reviewing trading documentation to ensure transactions are in compliance with risk management policies and procedures (e.g. deal entry into BookRunner).
  • Independently research and respond to daily inquiries for data and reports.
  • Reconcile the daily margin calls and coordinate the transfers of collateral with our trading counterparties.
  • Assist in daily monitoring of trader portfolios, as assigned.
  • Maintain risk/pricing models in an auditable format for internal review, external regulatory review and to maintain compliance with accounting standards.
  • Production of month end reports for use in accounting close in accordance with accounting standards.

Associate Market Risk Reporting Analyst Minimum Requirements

  • Minimum Requirements: Bachelor's Degree required (Business, Finance, Economics, Statistics, Math) prefer quantitative discipline; Experience with commodity markets or equity trading preferred.
  • Good written and oral communication skills.
  • Database management, VBA, Python or other financial modeling skills preferred.


Market Risk Reporting Analyst Minimum Requirements

  • Bachelor's degree in a highly quantitative discipline such as engineering, mathematics, physics, quantitative analysis, finance, economics or a related discipline.
  • Graduate degree strongly preferred.
  • At least 3 years of experience in market risk analysis and/or quantitative risk in the energy industries or equivalent experience.
  • Knowledge of energy trading terminology, commodity markets and the analytical and statistical methods required to evaluate those markets.
  • Strong skills in Microsoft Office including Excel VBA. ETRMS, Python, MATLAB, SQL etc. preferred.
  • Demonstrated ability to manage projects involving small teams.
  • Analytical understanding of the nature of information, making a thorough evaluation and recommending appropriate courses of action.
  • Excellent verbal, presentation and written skills.
  • Expected to work with minimal oversight in fast paced, open trade floor environment.






Xcel Energy is committed to the safety of its employees and customers, and promotes a Safety Always culture. Because of this, we strongly encourage all employees to be fully vaccinated against COVID-19; however, vaccination is not mandatory. After being hired, you will asked to report your vaccination status and dates of vaccination. This information will be maintained confidentially and disclosed only on a need-to-know basis. If you are not fully vaccinated or choose not to disclose your vaccination status you will be required to follow any health-and-safety rules applicable to unvaccinated employees.


As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.


Posting Notes:  CO - Denver || CO - Denver; MN - Minneapolis || United States (US) || Audit and Financial Services || 25275:Risk Strategy & Control & Cred || Full-Time || Non-Bargaining ||

The anticipated starting base pay for this position is: Associate level: $50,000 to $71,333 per year; Higher level: $66,000 to $94,000 per year

This position may also be eligible for the following benefits and/or pay components: Pay - Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Personal holidays, Volunteer Paid Time Off (VPTO) (full-time employees only), Parental Leave


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Requisition Number: 46834

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at


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Nearest Major Market: Denver

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