Selby Jennings is exclusively partnered with a leading global investment bank that is hiring a Vice President to support the Commodity Trading group in Houston.
This hire will join the Valuation Control & Pricing team, working with Global Heads of Commodities Valuations, Market Risk, and Trading to support their North American Power, Gas, and Renewable Energies desks. The firm is looking for an expert in Energy markets: power and/or natural gas are required, but experience with renewable energy, oil, or refined products could be a good fit as well.
Given the high trading volume across these markets, this hire is crucial to the business and will work in a very cross-functional capacity. This individual will own relationships with Traders/Desks, Quantitative Research teams, & Risk. The firm has committed to the growth of its commodities business and has identified Houston as one of its most strategic growth areas globally.
**This firm will consider candidates who are open to relocating to Houston**
**This firm can provide sponsorship**
Responsibilities:
- Accountable for managing the entire valuation control framework for the North American Power, Gas, and Renewables desks, encompassing independent price verification, prudent valuation adjustments, stress testing, and fair value measurement.
- Evaluate and scrutinize complex transactions within the Global Gas business, ensuring that trading activities are appropriately constrained and controlled.
- Detect emerging valuation risks and enhance methodologies to ensure that valuation controls precisely capture market dynamics and improve control efficiency.
- Work closely with quantitative & and model review teams to assess trading model limitations and implement necessary alternative controls/adjustments.
- Own relationships across commercial teams and Finance, Technology, and Risk, offering insightful analysis on month-end results, illiquid and concentrated valuation positions, revenues from new deals, complex transactions, and new products.
- Engage in and contribute to projects within the team and the broader Finance organization, collaborating with Front Office, Quality Reporting, and Technology groups.
- Participate in regulatory examinations and address inquiries from regulators.
Requirements:
- 7+ years of experience working within energy markets for a financial institution, investment bank, asset-back trading firm, utility company, prop trading firm, or relevant business
- Energy markets/products experience is required. Gas and/or Power experience is required.
- Quantitatively aligned & interested in financial markets & products
- Knowledge of financial products or derivatives is a plus
