Energy Risk Analyst

Overview

Pattern Energy is a leading renewable energy company that develops, constructs, owns, and operates high-quality wind and solar generation, transmission, and energy storage facilities. Our mission is to transition the world to renewable energy through the sustainable development and responsible operation of facilities with respect for the environment, communities, and cultures where we have a presence. 

Our approach begins and ends with establishing trust, accountability, and transparency. Our company values of creative spirit, pride of ownership, follow-through, and a team-first attitude drive us to pursue our mission every day. Our culture supports our values by fostering innovative and critical thinking and a deep belief in living up to our promises.  

Headquartered in the United States, Pattern has a global portfolio of more than 30 power facilities and transmission assets, serving various customers that provide low-cost clean energy to millions of consumers.

Responsibilities

JOB PURPOSE

Pattern Energy is seeking a highly analytical and motivated Risk Analyst to support the valuation, analysis, and risk management of its renewable energy portfolio. This role will focus on critical portfolio and risk reporting, risk control activities, the analysis of power market participation, pricing strategies, and portfolio optimization across wind, solar, and storage assets. In addition, the role includes participation in Pattern’s Enterprise Risk Management program.  The ideal candidate combines strong analytical skills with an understanding of power markets and energy trading.

Key Accountabilities

• Monitoring wholesale market activities for compliance with company policies and control frameworks.
• P&L and risk report preparation, including daily monitoring and analysis of key performance indicators and risk metrics.
• Developing, coding, and deploying risk analytic tools and data visualization elements within Databricks and similar platforms.
• Maintenance of risk positions and data within the company’s Energy Trading & Risk Management (ETRM) systems and seeking out improvements in processes and ETRM capabilities in conjunction with cross-functional teams.
• Monitoring, analyzing, and reporting Counterparty credit exposure, ISO/RTO collateral positions, exchange margin requirements, and OTC security thresholds.
• Report preparation and presentation to the company’s Energy Market Risk Committee on risk exposures, performance, trends, and other risk-related topics.
• Keeping up to date on wholesale energy markets and the company’s activities and strategies, and acting as the support for Front Office in analyzing new portfolio risks.
• Participating in Enterprise Risk Management data gathering and risk discussions.

Qualifications

Experience/Qualifications/Education Required

Preferred qualifications include a degree in an analytical discipline and prior experience in energy markets, commodity trading analytics, or financial modeling. Familiarity with U.S. power markets, renewable generation modeling (wind, solar, battery storage) techniques, and an understanding of basic Enterprise Risk Management principles is advantageous. Experience working with large datasets, cloud-based analytics environments, data visualization tools, and AI-enabled applications is also beneficial.

The expected starting pay range for this role is $87,000.00 - $108,000.00 USD. This range is an estimate and base pay may be above or below the ranges based on several factors including but not limited to location, work experience, certifications, and education. In addition to base pay, Pattern’s compensation program includes a bonus structure for full-time employees of all levels. We also provide a comprehensive benefits package which includes medical, dental, vision, short and long-term disability, life insurance, voluntary benefits, family care benefits, employee assistance program, paid time off and bonding leave, paid holidays, 401(k)/RRSP retirement savings plan with employer contribution, and employee referral bonuses.

Pattern Energy Group is an Equal Opportunity Employer.