Senior Director, Market Risk

Welcome to the intersection of energy and home services. At NRG, we’re all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers’ lives easier—helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

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Position Summary:

The Senior Director, Market Risk is responsible for leading a market risk organization that provides independent oversight, analytics, and insight across complex commodity and portfolio exposures. This role oversees the Market Risk Analytics and Generation forecasting team and is accountable for advancing market risk governance, quantitative analytics, portfolio valuation insight, model oversight, stress testing, and executive reporting to support informed decision-making across NRG’s commercial and risk management activities. The leader serves as a strategic partner to senior leadership, helping ensure that portfolio risks are identified, measured, monitored, and communicated in a timely, objective, and business-relevant manner.

 

Essential Responsibilities:

Market Risk Leadership & Portfolio Oversight

• Lead the market risk strategy and day-to-day oversight for complex integrated energy portfolios, including portfolio optimization, valuation insight, and exposure monitoring across business segments, commodities, and risk types.
• Oversee the identification, assessment, monitoring, and communication of market risks associated with trading, hedging, structured transactions, generation, retail load, and other portfolio activities.
• Ensure risk exposures, position changes, valuation movements, and emerging portfolio issues are translated into clear, actionable insights for senior leadership and governance committees.
• Lead strategic reviews related to portfolio alignment, hedge limits, transaction approvals, and risk/reward tradeoffs.

Quantitative Modeling, Analytics & Decision Support

• Oversee the design, enhancement, and application of quantitative models, valuation methodologies, and scenario-based analysis used to assess portfolio risk and support business decisions.
• Guide the team’s development of algorithms, predictive models, and analytical tools that strengthen risk measurement, portfolio construction insight, and forward-looking scenario analysis.
• Direct market and liquidity stress testing, sensitivity analysis, and risk decomposition to evaluate portfolio performance under changing market conditions.
• Partner with portfolio managers, traders, research analysts, and other commercial stakeholders to evaluate risk limit usage, tail exposure, structured transactions, and forward-looking risk events.

Risk Governance, Controls & Model Oversight

• Ensure risk policies, methodologies, and procedures remain current, effective, and aligned with corporate risk tolerance and governance expectations.
• Oversee model validation, methodology review, and control effectiveness across risk analytics processes, including valuation assumptions, calibration, and data integrity.
• Maintain a strong control environment by supporting compliance monitoring, risk reporting accuracy, price curve validation, and other risk control activities as appropriate to the function.
• Partner with Accounting, Finance, Audit, Technology, and other cross-functional teams to ensure risk-related data, outputs, and controls are reliable, explainable, and scalable.

Executive Reporting & Cross-Functional Partnership

• Deliver enterprise-wide desk and management reporting that supports monitoring, escalation, and decision-making related to market risk and portfolio performance.
• Prepare executive-level summaries, presentations, and recommendations regarding portfolio exposures, risk trends, emerging issues, and potential mitigation actions.
• Collaborate closely with Commercial, Trading, Structuring, Finance, Accounting, Technology, and other business partners to align risk insights with operational and strategic priori