Energy Market Risk Manager

Company Overview
We’re a team of friends bound together by a mission to preserve our planet for future generations through innovative energy solutions and modern infrastructure. In December 2025, Google announced an agreement to acquire Intersect, to enable more data center and generation capacity to come online faster while accelerating energy development and innovation. After close, we’ll continue doing exactly what we were built to do - develop, construct, and operate the most ambitious power and data infrastructure in the country.

Intersect’s operations will remain separate from Alphabet and Google under the Intersect brand. We’re on an aggressive growth trajectory and looking for people hungry to tackle the largest energy challenges on the planet.

Location & Team Gatherings
Intersect has been a fully flexible workplace since its founding in 2016. We’ve been very intentional about the way we do things. We are not work-from-home, hybrid, or in-office - we are any and all of those options! Deepening social connections and offering shared experiences is a cornerstone of the way we work. We connect as a team at our Team Week experiences four times a year and at our recently established Hub locations - SF Bay Area, NYC Metro Area, NY; Denver, CO; Houston, TX; Calgary, AB; and Toronto, ON.

We are currently looking for candidates located within 60 miles of any of the listed hubs to foster more in-person connections while maintaining our flexible remote culture.

About This Role
Our Market Risk team is hiring a Risk Manager to directly contribute to the risk management processes and tools of the team. You will be primarily responsible for understanding, quantifying, and explaining market risks of Intersect’s ERCOT/CAISO physical, financial positions and their interactions. In this role you will focus on building and improving risk analytics, reporting leveraging Python and Google Cloud Platforms primarily. You will also play a lead role in satisfying reporting obligations Market Risk both to Intersect's leadership and investors. The role will work closely with Origination & Trading/Operations team and report within the Market Risk team.

Overview of Department
The Market Risk team is responsible for measuring, monitoring, and reporting on the market risks facing Intersect through the development, construction, and operation of our portfolios. The team oversees mark to market valuations, value at risk, risk analytics, risk strategy in addition to curating and maintaining data and reporting on a broad array of topics. The team works collaboratively with Front and Back Offices and supports other team’s data and reporting requirements on an as-needed basis.

What You’ll Do

Lead Market Risk Analysis
• Drive the technical analysis of physical and financial positions in ERCOT and CAISO markets
• Quantify and communicate market risk exposures to leadership and internal stakeholders
• Provide subject matter expertise on market rules, structures, and trading dynamics

Build and Maintain Risk Tools
• Design, develop, and optimize advanced risk analytics using Python, SQL and Google Cloud Platform
• Create scalable risk management applications
• Oversee the creation and upkeep of Business Intelligence (BI) dashboards and Python-based reporting tools

Support Reporting and Compliance
• Deliver timely, accurate, and investor-ready risk reports aligned with policy requirements
• Ensure adherence to Intersect’s risk policies through careful monitoring and documentation
• Partner with leadership to refine and improve reporting processes and methodologies

What You’ll Bring
• At least 5 years of direct experience in ERCOT and/or CAISO markets
• Strong background in quantitative analysis within the energy sector
• Expertise in Python and SQL for data modeling, analytics, and application development
• Proven knowledge of quantitative finance concepts, including Value-at-Risk (VaR) and Mark-to-Market (MTM)
• Experience with BI tools and cloud-based platforms, particularly Google Cloud Platform
• Excellent communication skills, with the ability to explain complex risk concepts to both technical and non-technical audiences

Total Rewards
At Intersect, we care about your well-being, growth, and balance. Here’s how we support you:

Total Compensation: $185,000 - $195,000 (total compensation includes base salary + bonus in USD)
Health & Wellness: 100% premium coverage for you and your dependents on medical, dental, and vision
Time to Recharge: Unlimited PTO, plus two company-wide breaks (Fourth of July & end of year)
Family Support: Up to 12 weeks of fully paid parental leave, plus 6 additional weeks for birth parents; access to family planning support via Carrot and Maven
Mental Health: Free access to Spring Health which includes 5 free Therapy & psychiatry sessions, plus a Headspace account for mindfulness and meditation through our physical health vendor, Wellhub+
Retirement: 3% non-elective employer contribution to your 401k or RRSP, ensuring your financial future is on the right track
Perks & Extras: $150 monthly food stipend, $150 monthly reimbursement for cell phone/ internet, pet insurance allowance, full home office setup and free access to UrbanSitter with $625 in quarterly paid company credits, ActiveHero, and One Medical