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Structured Deal Risk Consultant or Senior Structured Deal Risk Consultant Job

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

 

 

This position is posted as a hierarchy at the Structured Deal Risk Consultant or Senior Structured Deal Risk Consultant level. Successful candidate(s) will be hired at the level that is commensurate with their skills and experience

 

Position Summary

Plays a key role supporting the review and assessment of structured transactions, including identifying key commercial terms in such transactions, identifying embedded risks and optionality in associated transaction agreements, supporting the Risk team's review and analysis of such risks, and communicating deal terms to other functional areas. Working with Front Office, Legal, and Credit teams, drives the internal process for reviewing and executing standard enabling agreements required to support the day-to-day activities of regulated and proprietary supply functions. Identifies key credit concerns in such agreements and coordinates their review and resolution with internal Credit team. 


Essential Responsibilities

 

  • Supports cross functional analyses and reviews of structured transactions across internal teams, effectively communicating deal specifics to various functional groups for their independent review and analysis and vets transaction questions. Administers the origination transaction pipeline, communicating deal timelines to ensure functional inputs and deliverables are completed on a timely basis.
  • Reviews structured transaction contracts; identifies and summarizes key economic provisions, accounting implications, and credit implications. Communicates reviews and assessments to management, other functional groups, and Risk team, assuring proper evaluation and vetting of transaction terms and embedded risks.
  • Supports the independent assessment and evaluation of transaction economics and deal valuations through the application of various stress test and other risk assessment models, historical lookback evaluations, and forward assessments.
  • Reviews and assesses terms of physical commodity and financial derivative enabling agreements (e.g. ISDA, MPPSA, PSA, WSPP, NAEMA, etc.) proposed by third parties against internal company standards and terms. Edit proposed terms to meet company standards. Coordinate review and negotiation of final agreements with internal Legal, Credit, Origination teams and third party.
  • Support team in the review and vetting of non-standard transactions. Key focus on operational and accounting aspects of such transactions, including validating deal flow through risk systems, confirming actualization process, identifying billing and accounting details for internal review and approval.
  • Helps ensure transactions are recorded timely and in compliance with internal auditing and various regulatory and reporting requirements (e.g., Dodd Frank, CFTC, and FERC). Key resource for coordinating implementation of structured / one-off transactions within company risk systems and business policies / reporting requirements.
  • Provide back-up support to team, including assistance with the daily contract management, administration, and confirmation processes.


Structured Deal Risk Consultant Minimum Requirements

  • Bachelor's degree in Finance, Economics, or related discipline required.
  • Minimum 5 years of experience in related field.
  • Background in quantitative methods, including real options and risk, preferred.
  • Paralegal experience, law degree, and/or relevant experience negotiating agreements or contracts highly desirable.
  • Strong verbal and written communication and Microsoft Word and Excel skills required.
  • Knowledge of energy utility, wholesale/trading floor, merchant energy company, investment bank, and/or hedge fund business practices is very beneficial.
  • Demonstrated ability to understand credit risk and ability to quickly explain complex issues and contribute to fast paced teams.
  • Ability to work with minimal oversight in a fast paced environment, manage multiple projects simultaneously, and develop and maintain professional relationships across the company.

 

Senior Structured Deal Risk Consultant Minimum Requirements

  • Bachelor’s degree in a quantitative discipline (engineering, mathematics, physics, quantitative analysis, finance, economics or related).
  • Master’s Degree preferred.
  • Minimum 7 years of wholesale energy commodity/power markets experience focused in trading, origination, structured deal evaluation and/or risk management.
  • Knowledge of related commodities (gas, oil, and renewables) preferred.
  • Demonstrated ability to work with minimal oversight in fast paced environment, manage multiple projects simultaneously, establish cross functional internal relationships, and communicate effectively with all levels required.

 

Preferred:

  • Experience in Contracts (Electricity, Natural Gas, Renewables contracts preferred)
  • Experience with option pricing

 

 

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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: $87,000 to $123,667 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

 

Click here to see our benefits

 

Requisition Number: 48853

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 recruiting@xcelenergy.com

 

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ACCESSIBILITY STATEMENT
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