Risk Operations Mgr

Requisition: 74610

PSEG Company: PSEG Services Corp.

Salary Range: $ 89,400 – $ 169,900

Incentive: PIP 15%

Work Location Category:

PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories: onsite roles, hybrid roles that are a blend of onsite and remote work, remote local roles that are primarily home-based but require some level of purpose-driven in-person interaction and living within a commutable distance, and remote non-local roles that can be effectively performed remotely with the ability to work in approved states.

PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.

Job Summary

Day-to-day oversight of Trading Operations Risk function, including build-out, implementation and oversight of automation associated with Pricing process, Confirms process, and relevant internal and external reporting and compliance monitoring processes

  • Manage energy commodity pricing processes, and oversight of maintenance of data feeds from Morningstar Commodity Data
  • Management of interfaces (ICE eConfirm, Clearing Brokers, etc.), and build-out of process automation
  • Support Manager, Trading Operations Risk on all aspects of business side ownership of Aligne ETRM (Energy-Trading-and-Risk-Management) application, oversight of access, management of overall configuration (oversight of management of markets, formulas, global variables), including facilitating communication between business side stakeholders (ER&T, Risk, Accounting) and IT as necessary
  • Key responsibility for ensuring top level performance of ERM’s Confirmation and Valuation function SOX controls which are necessary to ensure accurate valuation of PSEG ER&T’s portfolio of hedge transactions (approximately ~$2 billion notional)

Job Responsibilities

  • Day-to-day oversight of trading confirmations processes, interfaces (ICE eConfirm, Clearing Brokers, etc.), including lead responsibility for driving design and build-out of process automation
  • Management of energy commodity pricing processes for all power, natural gas, and capacity forward curves and spot prices, including lead responsibility for build-out of potential additional automation of data feeds, and quality assurance checks
  • Manage build-out and support of automated Aligne reporting functionality for ER&T and market risk position reports and P&L reports, other reports as necessary
  • Key responsibility for ensuring top level performance of ERM’s Confirmation and Valuation function SOX controls which are necessary to ensure accurate valuation of PSEG ER&T’s portfolio of hedge transactions (approximately ~$2 billion notional)
  • anagement of Aligne ETRM (Energy Trading and Risk Management) system access, creation and management of markets, creation and management of formulas, creation and management of trade templates, etc.
  • Day-to-day oversight and monthly reporting on compliance monitoring of ER&T internal limits such as OTL Over-The-Limit reports, late trade reports, etc.

Job Specific Qualifications

  • 7 years experience energy, commodities or related
  • Bachelor’s degree or 4 years of related experience
  • Working knowledge of physical and financial derivative, valuation (forwards, futures, swaps, options), (preferably energy, commodities related)
  • Experience with trade capture, or Trading Risk Management (TRM) systems, or similar
  • Ability to design analyses on large data sets, implement data reporting processes
  • Ability to advocate for business user needs in technical conversations with IT regarding trade capture, Trading and Risk Management (TRM) functionality
  • Ability to design, oversee implementation of optimal control processes, data flows
  • Understanding of SOX (Sarbanes Oxley) controls, ability to design SOX processes
  • Microsoft Office (Excel, Word, Outlook) proficiency, Advanced Excel skills
  • Excellent process and project management skills


  • ETRM (Energy-Trading-and-Risk-Management) system expertise
  • Strong knowledge of energy commodity products, wholesale energy markets, power, natural gas, etc.,
  • Post graduate degree
  • Experience with Aligne ETRM or equivalent ETRM system
  • Ability to leverage Aligne ETRM reporting functionality to build customized reports, report batches to be used in automated reporting
  • Energy commodity data, software experience
  • Subject matter expert knowledge of energy commodity markets, specifically power, natural gas
  • Coding skills in SQL, VBA, JavaScript, R, Matlab or similar
  • Experience managing SOX controls

Minimum Years of Experience

7 years of experience




None Noted


Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.

Candidates must foster an inclusive work environment and respect all aspects of diversity. Successful candidates must demonstrate and value differences in others’ strengths, perspectives, approaches, and personal choices.

As an employee of PSE&G or PSEG LI, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

Certain positions at the Company may require you to have access to 10 CFR Part 810 controlled information. If the position does require access to this information, the Talent Acquisition representative will provide further details upon making an offer.

PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

Business needs may cause PSEG to cancel or delay filling position at any time during the selection process.

This site (http://www.pseg.com) is strictly for candidates who are not currently PSEG employees. PSEG employees must apply for jobs internally through emPower which can be accessed through sharepoint.pseg.com by clicking on the emPower icon, then selecting careers.


PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email accommodations@pseg.com. If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com . Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.


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