Rhythm Energy's profitability and long-term sustainability rely on smart exposure management and margin discipline in highly volatile deregulated power markets. This role was created to design and lead the company's market risk capability, establishing the frameworks, tools, and team needed to monitor and mitigate commodity risk across ERCOT, PJM, ISONE, and NYISO.

You will serve as the strategic and operational lead for Rhythm's commodity risk function, partnering with Finance, Supply & Trading, Technology, and Operations to build a holistic view of risk-adjusted performance. Reporting directly to the CFO, you'll provide clear insights and decision support that drive smarter pricing, better hedging, and stronger capital allocation.

What you'll do

• Enhance and lead Rhythm's enterprise commodity market risk function, owning team leadership, long-term strategy, roadmap execution, and scaling systems to match company growth

• Design and implement a comprehensive risk framework, including VaR/GMaR, scenario analysis, stress testing, hedge effectiveness, position and exposure management, and risk-adjusted gross margin forecasting

• Collaborate cross-functionally with Finance, Supply & Trading, Technology, and Operations to align risk practices with broader business strategy and capital efficiency

• Oversee position data integrity, transaction validation, curve management, and mark-to-market valuation, ensuring robust controls in coordination with ETRM systems

• Develop and deliver executive-level risk reporting that transforms complex exposure into actionable insights for the CFO and senior leadership

• Partner with Technology and Data teams to define and implement scalable tools that enable real-time risk monitoring, scenario modeling, and forecasting accuracy

• Serve as Rhythm's external face of risk management, engaging with investors, regulators, and counterparties to communicate the strength of Rhythms oversight and governance

What you'll bring

• Proven track record in commodity market risk with a deep track record in deregulated electricity markets (ERCOT, PJM, ISONE, and/or NYISO required)

• Experience in building risk teams and systems in growth-stage or complex organizations

• Deep knowledge of retail electric provider operations and wholesale-retail integration.

• Expertise in VaR/GMaR, structured products, load modeling, P&L attribution, and portfolio valuation

• Fluency in ETRM platforms and data tools (e.g., SQL, Python, Tableau, Excel, Databricks)

• Executive-level communication and stakeholder management skills, confident interfacing with CFO, investors, and board

• Strong understanding of wholesale-retail integration and capital planning for REPs

• Preferred: Advanced degree in quantitative field; experience navigating extreme commodity market and weather events; familiarity with renewable integration and credit risk

Success Metrics

• Automation and integration of position reporting and trade control for ERCOT, PJM, ISONE, and NYISO portfolios

• Development of processes and reporting supporting short, medium, and long-term gross margin forecasting including controls for and monitoring of key assumptions and inputs

• Ensuring enterprise-wide market risk framework meets the requirements of all internal and external stakeholders

• Development of Var/GMaR and portfolio P&L attribution models and reporting

• Frequency and clarity of actionable risk insights delivered to the CFO and leadership team
  
• System uptime and data integrity

Why Rhythm

• Design the Risk Engine: Shape the strategic and operational risk foundation of a high-growth retail power business.

• Leadership Impact: Report directly to the CFO and influence company-wide strategy, profitability, and capital efficiency.

• Culture of Excellence: Join a collaborative, mission-aligned team that values curiosity, urgency, and ownership.

• Compensation & Benefits: Competitive base + bonus + equity. Full health benefits, 401(k), PTO, and more.

Location

• Rhythm Energy is headquartered in Houston, Texas.

• Houston, TX (preferred) | Remote (Northeastern U.S. considered)

What you'll love

• Our culture. We're friendly, transparent, and love to innovate together.
• Flexible work-life balance.We embrace the mix of working remote and from the office.
• Professional development opportunities.We love to grow together.
• A chance to make a difference. We're a sustainably-driven company rethinking what's possible in Energy.
• Competitive compensation. We reward performance with annual bonuses and salary increases.
• Health Benefits. We promote your wellbeing with paid vacation and premium private medical insurance for you and your family.

About Us

Rhythm is a renewable energy and technology company empowering you to take control of your budget and your footprint. We combine energy market expertise with technology, design, and data science to create best-in-class products and services that are simple, delightful, and seamlessly integrated with the rhythm of your life. Our mission is to upend the energy status quo by setting a new standard of service excellence and customer partnership. We are a mission-driven, results-oriented group of engineers, businesspeople, designers and artists who love solving tough problems, all while making a positive impact on our communities.