DTE Energy Trading Risk Management Associate in Ann Arbor, Michigan

Job Description

Trading Risk Management Associate-09721

The future is bright at DTE Energy! We are the largest electric and gas utility in Michigan with an aspiration to be the best-operated energy company in North America. We are a Fortune 500 company headquartered in Detroit, Michigan with businesses in 26 different states.

DTE Energy’s utility and non-utility businesses are poised for significant growth. We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally.

We care for our employees and prioritize their health and safety first. Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:

· Gallup Great Workplace Award for 3 consecutive Years! (2013, 2014 and 2015)

· Metropolitan Detroit’s 101 Best and Brightest Companies to work For

· J.D. Power Customer Satisfaction Award

· Professional Women’s Magazine/Black EOE Journal “Best of the Best”

· Computerworld’s 100 Best Places to Work in IT

· Best Employers for a Healthy Lifestyle Gold Award

· Detroit Free Press Green Leaders Award

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.


Job Summary

DTE Energy Company is seeking a high achieving professional to join our Trading Risk Management team. This high profile team engages and supports all DTE Energy’s power, gas and coal trading and energy merchant business units to manage and control risks associated with the commodity markets, counterparty credit, and positional contracts. This is an excellent career opportunity in a financially rewarding and growing field.

The organization is located in the vibrant downtown section of Ann Arbor, Michigan, a college town ranked:

#1 “2017 Best College Cities” by American Institute For Economic Research

#1 “2016 Most Educated Cities” by WalletHub

#1 “2016 Best Places to Live in Michigan” by NICHE

#4 “2016 Best Cities to Live” by NICHE

#5 “2016 Best Cities for Millenials” by Forbes

Organizational responsibilities include the following:

  • Valuation and presentation of our energy portfolio exposure (natural gas, electric power, coal, emissions, foreign currency exchange, carbon, and crude oil)

  • Quantitative and qualitative risk identification and analysis

  • Options modeling to support business solutions

  • Forward price curves generation

  • Deal modeling

  • Compliance and credit exposure monitoring

  • Trading company risk operations

  • Report risk exposures and controls to Board and executive management

Key Accountabilities:

  • Execute daily processes including portfolio valuation, positions, MTM, value-at-risk, daily P&L, and report distributions.

  • Manage static data within the risk management system including forward energy price curves, interest rates, historical price data, FX rates, and option implied volatilies.

  • Prepares and issues P&L and other daily risk reports.

  • Makes VBA and SQL coding changes to spreadsheets and database queries.

  • Maintain metric data over key processes.

  • Utilize continuous improvement methodologies and techniques to improve quality, delivery and efficiency of assigned work task and processes.

  • Manage special projects, research issues, develop recommendations and implement solutions.


  • Bachelor’s degree with concentration in a business discipline, math, engineering, science or quantitative discipline.

  • Must have at least one (1) year of business experience.

  • Expert knowledge of software systems in particular Microsoft Excel and databases.

  • Strong Preference for VBA/SQL coding experience.

  • Good analytical skills.

  • Good communication skills and be able to interact with traders, back office, accounting, tax and outside counterparties.

  • Must be reliable and willing to accept responsibility for assigned tasks.

  • Overtime may be required at times.

  • Desirable to have knowledge of general commercial transactions, energy or financial markets derivatives, business and/or accounting.

  • Experience with the Openlink Endur trading and risk management system is helpful.

  • Dedication to complete daily reporting requirements is imperative.

Job: Accounting, Auditing & Tax

Title: Trading Risk Management Associate

Primary Location: Michigan-Ann Arbor

Requisition ID: 09721