David Energy

Risk Manager

David Energy • $140K — $170K *
New York, NY 10025In-Person
Energy & Utilities
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5+ years of experience in retail energy, energy trading, and energy risk management
  • Strong working knowledge of energy markets such as NYISO, ERCOT, PJM, ISO-NE
  • Exceptional communication skills
  • Strong data analytics abilities
  • Detail-oriented with a mindset for automation
  • Ability to thrive in a fast-paced startup environment.

Responsibilities

  • Lead the risk management function at David Energy
  • Create a risk management framework utilizing controllable capacity
  • Develop a risk reporting structure for daily tracking of energy positions
  • Build a high-performing risk team as the company expands
  • Conduct stress case analysis on forward energy positions
  • Establish risk adders and maintain forward cost curves

Benefits

  • Group medical and dental insurance
  • Flexible vacation/PTO policy
  • 401(k) plan
  • Hybrid office culture with remote options
Full Job Description
We are looking for a Risk Manager to lead our risk management function as David Energy enters its next phase of growth. The ideal candidate will use their extensive experience in retail and wholesale power markets to lead establishing a risk management function for a first-of-its-kind business that is redefining the power sector. You will be responsible for executing our risk policy while maximizing value from our controllable capacity (e.g., fleet of distributed batteries).

In this role, you will
  • Lead David Energy's risk management
  • Create a framework for using controllable capacity for risk management
  • Develop a risk reporting framework for daily position tracking (e.g., energy, capacity, RECs, ancillaries)
  • Build a world-class risk team as David Energy expands into new markets
  • Perform stress case analysis on forward positions and evaluate seasonal hedge strategies
  • Establish risk adders for pricing components (e.g., variable load risk, shaping, balancing costs) and maintain forward cost curves
We invite you to apply for this role if you have
  • Exceptional ability to communicate clearly and precisely
  • 5+ years of work experience in retail energy, energy trading, and energy risk management
  • Strong working knowledge of energy markets (e.g., NYISO, ERCOT, PJM, ISO-NE)
  • Strong data analytics skills
  • Mindset for automation and attention to detail
  • Ability to deliver in a fast-paced, early-stage startup environment
You could be an especially great fit if you have
  • Bachelor's degree in a quantitative field (e.g., physics, mathematics, economics)
  • Proficiency in SQL
Compensation and Benefits:
  • Base salary range of $140,000 - $170,000 plus equity, depending on experience
  • Group medical and dental insurance
  • Flexible vacation/PTO policy
  • 401(k) plan
  • Hybrid office culture, with team members remote and working from our office in New York City

About David Energy

David Energy is a technology company that provides renewable energy solutions to commercial and industrial customers. The company's platform uses artificial intelligence and machine learning to optimize energy usage and reduce costs. David Energy offers a range of services, including energy procurement, demand response, and energy storage. The company was founded in 2017 and is headquartered in New York, NY.
Learn more about David Energy
Size
10 employees
Industry
Energy & Utilities
* Ladders Estimates

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