Market Risk Analyst (Gas & Power)

Market Risk Analyst (Gas & Power)

BKV Corporation(NYSE: BKV) is a forward-thinking growth-driven energy company building the future of low-carbon energy and reliable baseload power. Headquartered in Denver Colorado we are the largest natural gas producer by grossoperatedvolume in the Barnett Shale andwerejust getting started.

At BKV wedontjustoperateassets we build integrated solutions. Our end-to-end closed-loop energy platform spans upstream production midstream infrastructure natural gas-fired power generation and carbon captureutilization and storage (CCUS). This differentiated model allows us to solve our customers toughest energy challenges while meeting growing power demand and advancing a carbon-neutral future. But what truly sets us apart is our people.

We are a fast-paced high-performance team of go-getters who thrive onchallengeand think beyond convention. We push the envelopeoninnovation continuouslyoptimizingand scaling our platform to drive sustainable growth and long-term risk-adjusted shareholder value. Ifyoureenergized by big goals bold ideas and the opportunity to build something transformationalyoullfeel right at home here.

At BKV youwontjust contribute youlllead create and shape the future of energy.

Learn more at

Job Summary

The Market Risk Analyst (Gas & Power) plays a critical role in monitoring analyzing and reporting market risk exposures across the companys physical and financial natural gas and power trading portfolios. This role ensures trading activity adheres to approved risk limits provides independent risk oversight and deliverstimelyinsights to support trading desks risk leadership and executive management. The position interfaces closely with Commercial Accounting Credit Treasury and Audit. Demonstrates integrityaccountabilityand transparency; upholds BKV standardsvaluesand culture.

Responsibilities

Market Risk Measurement

• Monitor daily marktomarket (MTM) results positions and exposure for natural gas and power portfolios across hubs zones ISOs/RTOs and regional basis markets.

• Produce and distribute risk reports that capture exposures by location product tenor and strategy including physical positions financial derivatives hedging instruments etc.

• Validate forward curves (price volatility discounting etc.) for natural gas (e.g. Henry Hub regional basis) and power (e.g. ERCOT PJM MISO SPP CAISO).

• Analyze P&L drivers including price moves shape changes load forecasts generation outages and congestion patterns.

Limit Monitoring & Governance

• Track adherence to notional tenor volumetric and stress limits.

• Identifyand promptly escalate limit breaches or emerging risksin accordance withthe Market Risk Policy and Corporate Hedge Policy

• Support updates to market risk limits as portfolio strategies evolve.

Analytics & Modeling

• Drive continuous improvement initiatives including automation and process implementation efforts.

• Enhance risk models for stress tests and scenario analysis.

• Review model assumptions and valuation methodologies conductback-testingand periodic model calibrations.

• Coordinate with team and IT to improve analytical tools data pipelines and risk system functionality.

Market Insight & Portfolio Analysis

• Monitor market fundamentals including weather load forecasts pipeline constraints storage dynamics generation mix and transmission congestion.

• Analyze how fundamentaldriversimpact portfolio exposures hedge effectiveness and optionality.

• Support evaluation of new trading strategies structured transactions assetbacked deals and retail transactions from a market risk perspective.

Risk Controls & Compliance

• Ensure compliance with the Market Risk Policy Corp Hedge Policy and other risk frameworks.

• Support internal and external audits model validations and inquiries.

• Collaborate with Credit Risk toprovidea combined view of counterparty exposure and market exposure.

Required Skills

• Proficiencyin Excel (advanced) SQL and Power BI.

• Solid understanding of scenario analysis curve construction valuation concepts andVaRmethodologies.

• Strong communicationskills with the ability to explain complex topics clearly to traders risk leaders and executives.

• High attention to detail and the ability tooperateeffectively and independently in a fastpaced environment.

• Collaborative mindset with the ability to work crossfunctionally.

• Ability to work independently and as part of a team.

• Strong Interpersonal collaboration and communication skills.

• Advanced organization and prioritization skills.

• Demonstrated cognitive and problem-solving skills.

• Growth mindset with a demonstrated ability to innovate embrace change and have grit.

Education & Experience

• Bachelors degree in Finance Economics Engineering Statistics ora relatedtechnical field.

• 25 years of market risk quantitative analysis trading analytics or related experience in natural gas and/or power markets.

• Strong understanding of physical and financial products.

Preferred

• Advanced degree or certification (FRM ERP CFA) is a plus.

• Experience with ETRM systems (Enduror Allegro)highlybeneficial.

Physical Demands and Working Conditions

Location

• This position will be based in the BKV Office in Denver Colorado or Houston Texasand may be eligiblefor hybrid workingarrangements.

• Some travel (up to 10%) may be.

Working Conditions

• Primarily office-based with standard business hours; extended hours may be required depending on business needs. May occasionally be exposed to distracting noise while sharing office space with others.

Physical Demands

• Ability to sit for extended periods of time.

• Ability tooperatea computer telephone and other office equipment.

• Ability to occasionally lift carry push or pull up to 25 pounds.

• Ability to communicate effectively both verbally and in writing.

Compensation & Benefits

• Competitive salarycommensuratewith experience.Pay Range$70000 - $128000

• Performance-based bonus eligibility.

• Comprehensive health dental and vision insurance plans.

• Retirement savings plan with 6% employer match.

• Paid time off and 12 company holidays per year.

• Professional development opportunities and tuition reimbursement.

• Employee Assistance Program (EAP) and wellness initiatives.

Equal Employment Opportunity & ADA Statement

BKV Corporation is an Equal Opportunity Employer. We do not discriminate because of race color religion sex sexual orientation gender identity or expression national origin age disability genetic information veteran status or any other legally protected status.

BKV Corporation is committed to providing reasonable accommodations for qualified individuals with disabilitiesin accordance withthe Americans with Disabilities Act (ADA). Applicants requiring accommodation during the hiring process may contact Human Resources.