What’s the role 

The Risk Analyst performs complex and specialized functions that support position management and mark-to-market processes. Responsibilities include planning, monitoring, reconciliation activities, adherence to position management policies and procedures, document tracking and processing, database management, and other related functions. 

Reporting to the B2B Portfolio Lead, the role requires a self-motivated, dedicated, and responsible individual with the ability to perform well under pressure. 

Accountabilities: 

• Although this role reports to B2B Portfolio Lead, day-to-day direction will be received from Sr Analyst – Risk. 

• Complete knowledge and understanding of contracted accounts to be enrolled in forecast prior to sending to forecasting vendor 

• Establish reporting for what accounts have been enrolled and which ones are pending 

• Responsible for ensuring all accounts are enrolled and accounted for in the forecast. This includes troubleshooting the process when it fails and tracking and validating those accounts are present in the forecast 

• Advanced analytical/quantitative skills to conduct forecast variance analysis  

• Spot irregular movements/patterns at the hourly and monthly level  

• Ensures all wholesale trades are accounted for. This includes the management of trades set to temporary until the load forecast process is complete 

• Confirmation, verification, and filing of all confirmations from Shell. This includes ensuring that Shell trade numbers are associated with SES’s trade number. Clear communication and documentation between SES and Shell when confirmation is found to have issues 

• Full review of position management at the hourly level if necessary.  

• Ensure that changes in the position are fully explained and representative of changes in load because of new enrollments, drops or weather and supply 

• Timely communication with Trading and Risk peers 

• Establish monthly reconciliation between Risk’s Contract Spec and forecasting vendor 

• Quantify and report changes in position and adherence to established risk limits in Energy, Ancillary Services, Environmental Attributes and Capacity. 

• Monitor Forecast vs Actual Profit and Loss to ensure suitability of models and business processes 

• Produce Reporting for operational use by Trading and Portfolio Managements teams as well as Senior Management  

• Maintain and operate Value-At-Risk (VaR) processes and report daily VaR to Senior Management and Market Risk teams. 

• Review the accuracy and adequacy of Load forecasting and assist in development and review of weather scenarios for analysis and strategy proposals.  

• Perform Ad-Hoc analysis to identify commodity and Illiquid cost risks, review risk mitigation strategies or hedges, and to quantify other business risk or uncertainty. 

• Other duties as assigned  

What you bring  

• Must have legal authorization to work in the US on a full-time basis for anyone other than current employer 

• Bachelor’s degree in Scientific, Technical, Mathematics or Business Administration 

• At least 3 years of relevant industry experience 

• At least 3 years of experience in data mining, data extraction, and data analysis, with retail energy risk exposure in ERCOT, PJM, and ISO‑NE 

• Solid computer and programming skills in VBA, SQL Server, Python  

• Familiarity with dashboarding applications (Tableau, Power BI)  

• Comfort wielding statistics (significance testing, data distribution types, hypothesis testing, regression)  

• Proven experience in manipulating, processing and extracting value from large, disconnected datasets 

• Ability to be a proactive team player, able to work at speed within a small, ambitious team, manage multiple projects and priorities, and anticipate next steps without requiring direction 

• Analytical mindset demonstrates ability to solve problems and create practical solutions to overcome problems and mitigate risks.  

• Comfortable working in a target-driven and fast-changing environment, and able to respond to changing business needs  

• Proficient use of Microsoft Office programs including Word, Outlook and strong Excel skills  

• Excellent analytical, organization and time management skills, with the ability to maintain a strict level of attention to detail  

• Ability to work well within a team environment and demonstrate a vested interest in team goals and objectives  

• Excellent interpersonal, verbal and written communication skills, with the ability to establish and maintain positive and effective working relationships  

• Self-motivated with the desire to consistently improve performance and gain further knowledge  

• Ability to meet deadlines, learn quickly and demonstrate effective problem solving and follow-up skills  

What we offer 

The base salary range for this position is $103,000 - $155,000 per year.  As Individual pay will be based on various factors, such as relevant work experience, education, certifications, skill level, seniority, and internal equity.  

For regular full-time or regular part-time employees of the Company (participating companies as listed in the Summary Plan Description), insurance coverage options include medical, dental, vision coverage, life Insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs. Employees also participate in a company pension plan and a 401(k) plan. Paid leave includes up to 6 weeks of paid vacation time, up to 11 paid holidays, and parental leave offering 16 weeks of paid leave for birthing parents, and 8 weeks of paid leave for non-birthing parents. 

Additionally, employees are eligible for short-term disability leave for up to 26 weeks at 100% or 50% of base pay as well as Long-Term Disability insurance. Shell also offers other compensation such financial reimbursement for adoption, wellness, education, and personal learning expenses, and some roles are eligible for discretionary long-term incentives.  For interns, eligible benefits include medical, dental, and vision coverage, life insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs; participation in a 401(k) plan; and paid leave for up to 11 paid holidays.  Additional information on Shell’s US benefit programs can be found at https://www.shell.us/careers/about-careers-at-shell/rewards-and-benefits.html. 

You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself. 

• Progress as a person as we work on the energy transition together 

• Continuously grow the transferable skills you need to get ahead 

• Work at the forefront of technology, trends, and practices 

• Collaborate with experienced colleagues with unique expertise 

• Achieve your balance in a values-led culture that encourages you to be the best version of yourself 

• Benefit from flexible working hours, and the possibility of remote/mobile working 

• Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are considered to be among the best in the world. 

• Take advantage of paid parental leave, including for non-birthing parents 

• Join an organization working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply 

• Grow as you progress through diverse career opportunities in national and international teams 

• Gain access to a wide range of training and development programs 

We'd like you to know that Shell has a bold goal: to become one of the world’s most diverse and inclusive companies. You can get to know more about how we're working towards that goal, click here.  

Shell in The United States 

Shell has been in the US for more than 100 years, leading the sector in energy, petrochemicals and refined products.  Today, we provide millions of Americans with the energy needed to heat and cool their homes and power the economy.