Business Analyst - Risk & Strategic Analysis

Department: Risk

Employment Type: Full Time

Location: Tysons Corner

Description

Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit and liquidity risk management to participants. Nodal Exchange is a leader in innovation, having introduced the world's largest sets of environmental and electric power futures and options contracts. All transactions on Nodal Exchange (power, environmental and natural gas) are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio margining methodology. Nodal Clear also provides the clearing services for Coinbase Derivatives. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group. We are now looking for talented, innovative individuals to join our team in Tyson’s Corner, VA (DC Metro area). 

Key Responsibilities

• Conduct research and synthesize information from a variety of sources, including the internal data, model outputs, and market/industry data and research reports, to monitor the competitive landscape and support the development of new products and services
• Analyze multi-million row datasets, produce reports to communicate with senior management, and create tools to automate workflows
• Manage inquiries from both internal (senior management and the Board of Directors) and external (customers and regulators) sources regarding the exchange and clearing house operations
• Maintain the risk management framework and assess risk management approaches for customer portfolios, including initial margin models for existing and new derivative contracts
• Refine the credit risk management approach of the clearing house and monitor credit risk with key counterparties

 The ideal candidate will possess both a significant attention to detail, as well as an abilityto synthesize broader patterns and business logic into recommendations to support thebusiness development and risk management of the Exchange and the clearing house. Ourbusiness is data-oriented and strong analytical and quantitative skills are a must.Previous experience in a financial risk management is a plus.

Skills, Knowledge and Expertise

Requirements:

• Outstanding quantitative skills
• Strong problem-solving ability
• Strong communications skills
• Detail orientation
• 1-3 years in a business analysis and/or risk management role employing large-data analytical tools
• Bachelor’s degree or higher in economics, statistics, applied mathematics, engineering or comparable area
• Proficient in scripting language, such as Python or R (at least one is required)

 Preferred:

• Market risk management experience, ideally at an exchange, a clearing house, or an FCM (futures commission merchant)
• Experience in business consulting
• Experience in assessing counterparty credit risk, including credit monitoring and financial statement analysis, particularly for banking counterparties
• Experience with database queries and code-based analytics

 Salary Range:  Pay Transparency Notice: The salary range is based on the D.C. metro area, the successful candidate’s starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses.  

Benefits

Nodal Employee Benefits and Perks:https://nodalexchange.pinpointhq.com
Nodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation,  gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age,  disability, genetic information, military status, veteran status, physical or mental health, hairstyle, or any other characteristic protected by federal, state or local law with respect to recruitment,  hiring, training, promotion, or in any other terms and conditions of employment. Nodal Exchange is an E-verify participant.