Market Risk Analyst III

We're the largest natural gas producer by gross operated volume in the Barnett Shale, with an integrated platform spanning upstream production, midstream infrastructure, natural gas-fired power generation, and carbon capture, utilization, and storage (CCUS). Our Market Risk Analyst III doesn't just watch numbers move — they understand why, across physical gas, financial derivatives, and power markets.

What You'll Actually Do

You'll serve as an independent risk voice — monitoring daily MTM and P&L drivers, validating forward curves, and flagging what doesn't add up before it becomes a problem.

• Monitor daily MTM, positions, and exposure across gas hubs and power ISOs/RTOs (ERCOT, PJM, MISO, SPP, CAISO)
• Validate forward curves — price, volatility, discounting — across natural gas and power markets
• Track limit adherence and escalate breaches per policy
• Support scenario analysis, stress testing, and VaR model review and back-testing
• Evaluate market risk on structured transactions and asset-backed deals
• Partner across Commercial, Accounting, Credit, Treasury, and Audit

What We're Looking For

• 5–7 years of market risk, quantitative analysis, or trading analytics experience in natural gas and/or power markets
• Advanced Excel, SQL, and Power BI
• Solid grounding in curve construction, valuation concepts, and VaR methodologies
• Allegro or Endur experience highly beneficial
• FRM, ERP, or CFA a plus — not required

Why BKV?

We finished 2025 as a profitable public company. We're growing — power JV coming in-house, data center load opportunities, M&A in motion. This is a vertically integrated platform most risk professionals only see from one angle; here, you see all of it.

Hybrid. Denver or Houston. $79,000–$150,000 base plus performance bonus, 6% 401(k) match, full benefits, and tuition reimbursement.

Ready to be the risk perspective people actually listen to? Let's talk.

Apply here or BKV website.