DTE Energy Risk Associate I in Ann Arbor, Michigan

Job Description

Risk Associate I-10894

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 5 consecutive years

· 7th on Indeed’s annual “50 Best Places to Work” award

· 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:

Provides risk management services to DTE Energy’s trading functions.


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

  • 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 recommendation and implement solutions.

  • Provides risk reviews of contracts and capital approval requests.

  • Maintains appropriate risk management procedures, systems, models and processes.

  • Works collaboratively in the creation and execution of valuation and analytical models.

  • Monitors compliance with company Policies and Procedures


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

  • Required: 3-plus years of relevant experience, including 1-plus year(s) developing and maintaining risk management policies, procedures, systems, models, and processes in a trading environment or commodity merchant function

  • Required: 2-plus years performing in an energy markets organization involved with trading, marketing, generation development, acquisition, and optimization.

  • Preferred: Master’s degree in related discipline

  • Preferred: Strong Preference for VBA/SQL coding experience.

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

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

  • Communicates effectively (verbally & in writing) with individuals at all levels, inside and outside the Corporation especially with traders, back office, accounting, tax and outside counterparties.

  • Analytical & problem-solving skills consistent with the ability to identify key issues from a broad range of alternatives, and recommend optimal solutions for various situations.

  • Knowledge of risk management.

  • Knowledge of the following methods and tools: Value-at-Risk, Monte Carlo simulations, and option pricing models.

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

  • Overtime may be required at times.

  • Knowledge of general commercial transactions, business and / or accounting.

  • Dedication to complete daily reporting requirements is imperative.

Job: Accounting, Auditing & Tax

Title: Risk Associate I

Primary Location: Michigan-Ann Arbor

Requisition ID: 10894