Director Market Risk

Company Overview

Chariot Energy, is an affiliate company of Hanwha Energy USA and ultimately Hanwha Group, a FORTUNE Global 500 firm that is among the eight largest business enterprises in South Korea. Hanwha Energy USA designs, builds and manages solar power plant solutions. The company brings a decade of global leadership in solar PV to North America, combining best‑of‑world technology, processes, and partnerships to deliver utility‑grade solar PV solutions customized for local energy markets.

Hanwha Energy USA offers the full spectrum of PV solutions – from power plant development, design, construction, operations, and maintenance. With proven capabilities across the solar value chain, Hanwha Energy USA minimizes uncertainty and risk, and helps customers achieve a higher return on their investment in solar energy. Hanwha Energy USA has recently embarked to enter the energy retail market in deregulated markets throughout North America.

Chariot Energy is a retail energy provider based in Houston, Texas. We offer electricity to homes and businesses, and it is our goal to provide products and services our customers love and an unmatched experience that is missing in today’s retail energy market. Hanwha Energy USA has set out to have Chariot Energy become one of the leading energy retail providers (by RCE count) within 5‑years of Chariot Energy’s launch.

We are seeking a technical and driven professional, at a director level, who is independent, results‑oriented, self‑motivated and wants to be part of a dynamic organization. The ideal candidate will have experience in deregulated retail electricity space as well as a technical background. As part of the risk desk enabling the growth of Chariot/Hanwha Energy USA’s business, this role will be responsible for running and maintaining all analytical tools needed for risk management activities in various US power and natural gas markets working closely with Supply and Technology teams.

Monitor and report risk metrics regularly to senior management, the successful candidate will gain exposure to a wide range of businesses and products in a global environment. Liaising with Supply, Operations and support staff. This role will ensure that trading systems adequately represent the risk profile of the trading books, and that risk numbers are reported in an accurate and timely manner.

Building strong relationships with clients and stakeholders across all levels and interacting regularly with Executive leadership to ensure the market risks arising from day‑to‑day trading positions are fully understood and managed appropriately within the limit framework. This role will be located in Houston Texas, and the ideal candidate will be within commutable distance to the Houston office location. This is an onsite required role.

• Assist in the marking of all the relevant wholesale and retail price curves including implied hourly scalers and scarcity premiums.
• Build and maintain monitoring checks to ensure compliance of all approved risk limits including position, mark‑to‑market and simulation based reports.
• Ability to work independently and collaboratively in a global, matrixed organization, with resilience and a results‑driven approach.
• Analyze complex financial information and reports to provide accurate and timely financial information to supply team and management for decision‑making purposes.
• Prepare financial models and data mining tools for variance analysis.
• Review, validate, and explain daily risk movements, key drivers, and sensitivities.
• Monitor commodity positions versus limits in accordance with approved risk mandates and escalation procedures.

• Proven problem‑solving capability with strong analytical skills including statistical analysis.
• Stakeholder Engagement – Understands the importance of seeking out relationships and working with others toward a shared goal.
• Domain Knowledge – Strong familiarity with North American energy markets (Power, Gas, or Environmental products), deregulated energy markets, modeling of physical assets, and the workflows of front / middle / back office associated with trading desks.
• T…